Addicted to Yahoo! Answers asked:
home a joint tenants and jointly took out the loan on our home. If we set up the trust, naming ourselves as co-trustees, would we have to do anything with our home loan, such as having the loan changed to reflect the trust now owns our interest in the home? I have been told “no,” but am just checking to make sure that is a correct answer.
Matt Bockenstedt
home a joint tenants and jointly took out the loan on our home. If we set up the trust, naming ourselves as co-trustees, would we have to do anything with our home loan, such as having the loan changed to reflect the trust now owns our interest in the home? I have been told “no,” but am just checking to make sure that is a correct answer.
Matt Bockenstedt