SDIRA Investment in Wrong Name

[Julian Buick]

I just realized that one of my investments in my SDIRA was inadvertently executed in my name and not the name of my custodian FBO my IRA. Does anyone know how to change the Deed of Trust and Promissory note to my custodian's name FBO my IRA? The Deed of Trust was recorded a few months ago. I don't even know what vehicle would be used to make the change and who can do it, an Escrow company? Attorney? Any help is much appreciated.

[Brian Eastman]

@Julian Buick

This seems like a huge oversight by your IRA custodian. You will want to work with them to have this corrected. You will need a new deed of trust with the custodian FBO your IRA as the lender. You will likely want to work with the title company to prepare the documents, but the custodian will need to sign them, as well as create a corrective paper trail.