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Michael D.
  • Investor
  • San Jose, CA
90
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355
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Personal Trust?

Michael D.
  • Investor
  • San Jose, CA
Posted Aug 23 2013, 08:29

My wife and I are considering creating a personal trust for ourselves that would hold all our assets, thus making it simpler to die. We're only about 30 years old, so hopefully that won't happen for a while, but you never know.

If we have real estate in the trust, would we be able to get the same kind of financing as if we owned the property personally?

Would their be any more paperwork involved when doing transactions with the property such a buying, selling or financing?

Anything else we should consider?

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