As part of executing an estate strategy that helps avoid probate, real estate should be owned by your revocable living trust. But what difficulties might come up? In this episode, I'll explore why real estate should be in a revocable living trust and then what issues may come up around 1) buying real estate in a trust, 2) selling real estate in a trust, and 3) refinancing a mortgage on property in a trust.
For more information on Revocable Living Trusts, please read Estate Planning Basics: A Simple Guide to Estate Planning Concepts, available on Amazon.com.
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