Designate a trustee to hold the land title. In real estate transactions, a trust deed transfers the legal title of a property to a third party until the borrower repays their debt to the lender.First, you'll need to prepare and sign a new deed for the property. You'll usually need a grant form or quit claim form to transfer the deed. A deed of trust is an agreement formed between a buyer of real estate, a lender financing the purchase, and a neutral third party called the trustee. Here are the six steps to transfer your house to your living trust. They're really simple once you know what to do it's a very simple process. Fill in the blank Deed of Trust and Promissory Note form formatted to comply with all Missouri recording and content requirements. Most real estate should be held in the name of the Trust. Widely used forms for the conveyance of real property in this state are warranty deeds and quitclaim deeds.