Deeding mortgaged property to a revocable living trust

Deeding mortgaged property to a revocable living trust

Rental Property Investor · Baltimore, MD · Member since 2020 · 223 posts · 89 votes

What are the ramifications of deeding mortgaged property to revocable living trust? Also, what is the process to deed property to trust?

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  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    5y

    If the original deed and the trust are for the same person there are no negative ramifications.  You are just doing estate planning.   I'd have a lawyer draw up the paperwork so you know it was done correctly.

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