Updated about 7 years ago on . Most recent reply
I have a trust - Now what do i have to put in its name?
Good evening guys,
So I have a trust with my properties named in it. Today i got off the phone with my rental insurance company and they told me I should really have the trust as the insurance holder rather then myself. Is this really necessary? I'm trying to understanding why its important. Right now everything is under my name rather than the trust.
Also, if that's the case, what else would i need to rename to the trust?
So far I have:
1. Insurance
2. Deed? (I don't think as its under already under my name)
3. HOA
4. Utilities
5. Property manager
It would be probably a lot of work and right now i'm not sure why it is necessary. Any info would be appreciated. Thanks!