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How to title your car in the name of your trust

Many people create trusts with the idea of putting important property into it. Among the most common pieces of property people wish to include in their trusts are their vehicles. Placing a vehicle into a trust is smart because it will likely prevent it from going through probate and to your intended beneficiary.

Before any of that can happen, you must put have the vehicle titled into the name of your trust. If you miss this step, the vehicle will likely have to go through probate instead. Transferring your vehicle’s title to your trust is as easy as a trip to the Arkansas Office of Motor Vehicles, where you’ll complete a trustee's Statement for Certificate of Title.

Considerations before filling out the form

You will need each of the trustees to sign and complete the form with their name and addresses to fill out this form. This can extend the amount of time it takes to complete this process, so be sure to take care of this step immediately if there are multiple trustees associated with the trust.

To legally transfer your vehicle’s title into the name of your trust, you must own the vehicle or otherwise have the right to buy, sell, and register vehicles that are property of the trust. By completing the form, you acknowledge that a trust already exists and that you’re transferring the title for the benefit of your beneficiaries.

Be careful, completing this form with false information is punishable with up to one year in prison and/or a $1,000 fine. If you haven’t set up the trust yet or don’t yet have the authority to transfer the vehicle’s title, it’s best to wait until then to avoid legal consequences.

Titling a vehicle in the name of your trust is crucial

Leaving your vehicle to a beneficiary is a great way to ensure that they have safe and reliable transportation. However, your vehicle may wind up in probate rather than having your heir receive it directly unless you title the vehicle into the trust’s name.

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