Unrecorded deed transfers house to CRUT
What happens when the trustee of a charitable remainder unitrust learns after the death of the donor that the donor had executed a deed transferring his residence to the CRUT but the administrator of the donor’s estate, not knowing the unrecorded deed existed, had sold the residence for $1.2 million? An appellate court in California, in an unpublished opinion, has affirmed a trial court decision ordering the estate administrator to transfer the sale proceeds to the CRUT.
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