If a trust is part of your estate plan, your assets will need to be transferred into it at some point. Most of the time, this is a fairly simple process that requires nothing more than listing the ...
When closing on a home, you might sign either a mortgage or a deed of trust. Both use the home you buy as collateral for your loan, and both require a promissory note (a document in which you agree to ...
The mere assignment of a deed of trust without a transfer of the underlying mortgage debt does not trigger a lender's obligation under the Truth in Lending Act (TILA) to notify the borrower of the ...
A deed of trust is similar to a mortgage for real estate purchases. In some states, a trust deed unites the borrower, a lender and a trustee. The buyer/borrower gets the use of the property, and the ...
Residents gathered at Starling Hall, pictured here in 2022, for Fayette’s May 19 Muffin Monday event, where attorney Jed Davis explained the benefits of trusts and transfer on death deeds. Joe ...
Q: In 2012, I set up a living trust and signed a quitclaim deed to my house and property over to my daughter. If I now decide to sell my house, what do I have to do? Could she sign a quitclaim deed ...