Title Insurance for Estate Planning Transfers
Probate and Property, May/June 1998, Volume 12, Number 3
By Jonathan Rivin and Thomas J. Stikker
Thomas J. Stikker and Jonathan Rivin are partners with Springs Rivin Detwiler Dudnick & Stikker LLP in San Francisco, California. Mr. Rivin is chair of the Real Property Division's Decisions (A-2) Committee.
Under many estate plans, an individual will make a pre-death transfer of real property to a revocable or irrevocable trust, limited or general partnership, limited liability company or corporation. Often, estate planning or corporate lawyers prepare and record the deeds that transfer title to the trust or other title holding entity, and they do not consider the title insurance implications of the transfer. Without some planning, any title insurance coverage benefiting the individual may be lost