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What is a Revocable Trust and Do I Need One?
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Yes, you can put a mortgaged home in a revocable living trust and it will not trigger the due on sale clause thanks to federal law. Take the next step to protect your family. Download a free copy or audiobook of my bestselling book Legally Ever After at the link in my bio. #realestate #livingtrust #legacy #newborn #momlife | LawMother
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🏡 Moving your home into a revocable trust or gifting it to family? Relax—under the Garn-St. Germain Act, the lender’s due-on-sale clause can’t be enforced, so they can’t call the loan or jack up your rate. Knowledge = leverage!👇 #DueOnSaleClause #GarnStGermainAct #MortgageMyths #LivingTrust #EstatePlanning #RealEstateLaw #HomeownerTips #AssetProtection #RefiFreeZone #RealEstateInvesting | Pevney Estate Planning
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