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Buyer seeks to protect ownership stake in home purchased for parents
Q: I purchased a home for my parents and was named on the mortgage along with them. But, I’m making the payments. My husband and I recently paid the home off but realized that I am not on the deed with the county because they are receiving homestead exemption. Should I be added or create a trust so that I can protect my ownership? What would ...Read more
How to get your mortgaged home into a trust
Q: I created a trust so my three kids won’t have to deal with probate when I die, as I did with my parents’ home. How do I get my mortgaged home into the trust, or does it need to be?
A: We think you’ve made a good decision, one that your kids will thank you for down the line.
The biggest mistake people make with trusts is they never do ...Read more
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