Question on Restricted Registrations

[Speedfreak]

HI,

I am setting up my will.   I want to leave one of my cars to a friend, but want to make sure he cannot flip it at some point.  I  think the old registrations (69) can be restricted, where he cannot sell it, but not sure on how I would go about setting something like that up.   Anyone know?  Thank you for any advice!

[Dino]

Just curious but why would you do that? Once it's his he should be able to do what he wants with it no? What if something happens in his life where he needs money to support his family or help someone in need or maybe pay a medical bill? He'd be looking at something that could help him out but he won't be able to. I would like my car to go to someone who'd take good care of it as well but there's no guarantee it won't be wrecked or chopped up eventually. Besides I'll be dead so I won't be able to care no matter what happens to it. If the car is still with me when I die then it'll be sold off with the rest of the estate and the proceeds will go to charity.

[draftingmonkey]

Every state is different. But in reality unless there is some sort of trust to oversee property involved in the trust, could include autos, it would be really difficult to stop the car from being flipped. The only way to really know is to consult a local lawyer.