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Paid episode

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Key considerations when transferring real property into a trust

Understanding State-Specific Homestead Protections and Trust Requirements"

  • Steps to Deed Property into a Trust:

    • File a new deed to change the title from personal ownership to the trustees of the trust.

    • Ensure the trust is structured to maintain control of the property as trustees.

  • Homestead Protection Overview:

    • Protects homes against lawsuits, creditors, and liabilities, varying by state.

    • Examples:

      • Florida: Full homestead protection…

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