The process of conveying real estate held within a fiduciary arrangement involves transferring ownership from the trust to a buyer. For instance, if a family home is held in a revocable living trust, the trustee can facilitate its sale upon the grantor’s instructions or after their passing, according to trust terms.
This method of real estate conveyance offers several advantages, including potential tax benefits, probate avoidance, and a streamlined transfer process. Historically, trusts have been used to manage assets and ensure their orderly distribution, and this function extends to real property. The use of trusts in real estate transactions reflects a long-standing practice of managing wealth and succession.