Posted on: 23rd Feb, 2008 06:30 am
my husband has been disabled for the past 8 years. we bought our home jointly but i have made all the mortgage payments on it. because he had four children from a previous marriage that he thought might try to get the house upon his death; he signed a quit claim deed giving me the interest in the house. we are now funding his living trust. does the house have to be funded into it even though he signed the quit claim deed?
You own the property. You can still put it in trust, but I don't see any reason to based on your situation.
However, a living trust is always better to avoid probate.
However, a living trust is always better to avoid probate.
Hi Carole,
Welcome to the forum.
If your husband has made a Living Trust that means you will get his share of the property after his death.
Is the mortgage totally paid off? If not you will have to make the payments on time.
Feel free to ask if you have any further questions.
Best of luck,
Larry
Welcome to the forum.
If your husband has made a Living Trust that means you will get his share of the property after his death.
Is the mortgage totally paid off? If not you will have to make the payments on time.
Feel free to ask if you have any further questions.
Best of luck,
Larry
