My question involves estate proceedings in the state of: South Carolina
Good morning. I’m hoping someone can answer a question for me.
Consider the following situation:
Person A creates a living trust and names Person B as successor trustee.
Person A transfers title to his home from “Person A” to “The Person A Living Trust.”
Person A dies, and the living trust becomes irrevocable.
In order to take ownership of the home, Person B, the successor trustee, just needs appropriate identification and a copy of the trust document to transfer title from “The Person A Living Trust” to “Person B.”
Is that how it works? It seems simple, but I don't want to make assumptions.