Usually when a home is put in a trust it’s for an elderly owner so when they do pass the family can avoid probate. I’m not of old age but anything can happen in life. As a benefit from my company we have a legal service which has various uses I have used them before but I found out that one of the things I can utilize them for free would be to create a trust and put the home in this trust.
Is there really any benefit of doing this, even if it’s at no cost to me? Doing some research it seems the main cons of doing this is cost which isn’t applicable here, but the pros there seem to be none unless I do pass away.
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source https://www.reddit.com/r/RealEstate/comments/1hlwjiu/benefit_to_putting_a_home_in_a_trust_when_not_of/
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