Resources

If you have a trust, you have almost certainly done the funding step. There is an assignment in the binder moving your membership interest into it, signed and forgotten. What rarely gets checked is whether the operating agreement lets that assignment carry anything besides money. The Trust May Own the Interest Without Owning the Control...

You already know how a living trust works. You funded it, you retitled the house, you moved on. So this is not a lecture on why you need a trust. It is about the one step that quietly undoes it. Then you refinanced. Or you opened a line of credit against the property. And somewhere...