John Courte
Well Known Member
Or: what to put on the bill of sale and registration when transferring ownership to a living trust?
There's the bill of sale and registration. In 8050-2, the bill of sale, there's the purchaser section, which has me stumped, mostly because I'm afraid of messing up my current registration status.
Do I write "Last Name, First name Middle Initial and Last Name, First Name Middle Initial as trustees of Last Name Living Trust" in the purchaser section?
The confusing part is the "if individual, give last name, first, middle initial." Does that mean that any named individual should be in that format or only if the ownership is being transferred to an individual or group of individuals?
I'm sure I'm overthinking this.
There's the bill of sale and registration. In 8050-2, the bill of sale, there's the purchaser section, which has me stumped, mostly because I'm afraid of messing up my current registration status.
Do I write "Last Name, First name Middle Initial and Last Name, First Name Middle Initial as trustees of Last Name Living Trust" in the purchaser section?
The confusing part is the "if individual, give last name, first, middle initial." Does that mean that any named individual should be in that format or only if the ownership is being transferred to an individual or group of individuals?
I'm sure I'm overthinking this.