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Updated about 1 year ago on . Most recent reply

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44
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Art Webb
7
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44
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Real Estate Title Options w/Trust Down Payment

Art Webb
Posted

I’m interested in giving my son a house downpayment gift via setting up a trust for him to use. How would the title be stated to keep the trust dollar downpayment investment protected from any future divorce settlement ?   Would title say the trust has a percentage or dollar amount of ownership ? Assume the DP would be considered separate property. Some have suggested a postnup to clearly document the downpayment is a gift and not part of community property.  Thanks for all comments !   Art

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