Put Mortgaged Home in Living Trust?

[carrotgold]

Wow! This was the first question I had about transferring my home directly to my heir!👍😊🥳

[timothytremblay]

Such incredible entanglements. Good God Almighty free us from this wreck of legalities!
I do thank you sir for your knowledge and expertise in these galling matters, I've subscribe to your channel because I've been a professional musician my whole life and never had to deal with this.
Peace be with you❤️✝️

[victoriathorlacius]

What if your “mortgage” is in a Deed of Trust form. No attorneys I have watched explain if the same applies.

[JJaani]

Thanks. What about home with no mortgage? Same approach?

[JoolieOoliee]

How does this matter or come in to play with having or not having the land patent or allodial title?

[wayneguy]

When  an irrevocable trust sells an asset and realizes a gain, and those entire proceeds and gain is then distributed to the sole beneficiary before grantor death, does this mean that the irrevocable trusts must pay capital gains taxes.  original  purchase price $200k, value when trust created $400k, sold 2 years after trust formed for $400k, is the basis for capital gains $400k and therefor no capital gains tax?

[CorpStratTV]

Transferring a mortgaged home into a living trust is possible and often beneficial for estate planning. It’s best to review the terms with a professional to ensure it aligns with your goals.

[museinu]

That was helpful. Thank you! Question, can the lender call the loan due upon the original trustees death?

[candiceconaway]

What if there is a Lien on the home can it still e put in a trust?

[nicolg]

I was told by a lawyer that I could not put my property in a trust since we have a mortgage, this is in Florida

[ericg]

Awesome thank you for this video. Is it true that if you put your home on a trust, should your wife decide she's unhappy and wants to end things, because the home was in a trust before marriage it's completely out of her reach?

[Teknomanslade]

Question: so what does it look like on the Real property search on the house in a trust? Does it still have your name on it? or the trustees name? or like an entity name?

[michellecosta]

What happens if the person you’re leaving everything to is just a child? How do they gain access to everything I own God forbid if I pass or away or not in the right state of mind?

[JC-nhud]

Let's say I have a brokerage account under my living trust, and I also put my home into the trust. if there is an accident at my house and someone decides to sue me, can they go after the brokerage account?

[Jill-thnd]

Is this generally the same for the UK….! ???

[amac]

What if the home is not paid off yet??

[BarrySandhaus]

That can be a freaking nightmare

do not put your real estate in your living trust unless it is in a land trust., . If there is a lawsuit do to someone getting serious injuries and s big judgement. Now you will lose everything in your living trust untill you satisfied the judgement

[jillkinnard]

How shouldyou insure the home if its placed in a revocable vs irrevocable trust, such as a 3rd party special needs trust?

[Marella]

Is this the same for a irrevocable trust?

[RS-ncqx]

I just had a Lawyer hang up on me angrily because I wanted to do both a will and a living trust.