Recently Refinanced Your Real Property? Don’t Forget to Double Check Your Deed.
In the wake of COVID-19, mortgage rates have fallen to a new all-time low providing many with the opportunity to purchase a home or refinance existing real properties. If you recently bought a home, it is now time for you to consider an estate plan to shelter your assets against probate. If you already have your real property in a Trust and you recently refinanced, then you may have signed a Grant Deed to transfer your home out of your Trust and into your own name in order to complete the refinance of your mortgage. But, once you completed your refinance, did you sign another deed to transfer your real property back into your Trust? If you did not or cannot remember, then you should check to ensure that your real property is properly titled under the name of your Trust and protected against Probate.
To learn about how we can help, please contact the estate planning attorneys at Chauvel & Glatt, LLP.
The material in this article, provided by Chauvel & Glatt, is designed to provide informative and current information as of the date of the post. It should not be considered, nor is it intended to constitute, legal advice or promise similar outcomes. For information on your particular circumstances, please contact Chauvel & Glatt at 650-573-9500.