Living Trust FAQ

Is it a hassle to hold property in a living trust?

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Questions:

Answer:

Is it a hassle to hold property in a living trust?

Making a living trust work for you does require some crucial paperwork. For example, if you want to leave your house through the trust, you must sign a new deed, showing that you now own the house as trustee of your living trust. This paperwork can be tedious, but the hassles are fewer these days because living trusts have become so common.

For more on holding property in a trust, see Nolo's article Make A Living Trust: A Quick Checklist.

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