Many parents consider transferring ownership of their home to an adult child as part of estate planning. The idea sounds simple and well intentioned. Avoid probate, protect assets, and make things easier for the family.…
If You Own a Home, You Might Want to Consider a Revocable Living Trust
For most homeowners, their house is more than just property. It is where memories were made, where family gathered, and often the largest financial investment they will ever own. Because of that, it makes sense…
Refinanced Your Home? Make Sure It’s Back in Your Trust
People refinance their homes for a number of reasons, whether it's to lower their interest rate, change their terms or eliminate PMI. However, after refinancing, there's an important step that many people forget once the…
Can You Put a House with a Mortgage into a Trust?
If you own a house and are thinking about estate planning, you may be asking yourself if you can put a house with a mortgage into a trust. The answer is yes. You can definitely…
How To Handle Out-of-State Property in Your Estate Plan
So you just bought a vacation home in Colorado? Congratulations! Now, it's time to consider how this affects your estate plan. One of the most effective ways to manage your Colorado home is to place…