Placing a Residence into a Trust:
Revocable Trust: You do not need to notify your mortgage lender to put your home into a revocable trust, per the Garn-St. Germain Act.
Irrevocable Trust: The Act also allows putting your home into an irrevocable trust even with an existing mortgage.
Notification: While federal law does not require permission, it is advisab…
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Jerry Taylor
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