Property Ownership
An Iowa property held in a living trust is titled in the name of:
AThe grantor personally for tax purposes
BThe trustee of the trust on behalf of the trust✓ Correct
CThe IREC as a safekeeping measure
DThe beneficiaries of the trust directly
Explanation
Property held in a revocable living trust in Iowa is titled in the name of the trustee (often the grantor themselves as trustee) 'as trustee of the [trust name].' At death, the trustee distributes the property according to the trust terms, avoiding probate.
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