Trust ( Bank requesting the deed )
Hi Terry, my question is this we just set up our trust (on our own). Now the bank needs the deed to place my home into the trust. (this is Chase bank). I do not have the deed how would I go about doing this and does the bank need the deed.
Terry Says
Well, you SHOULDNT be setting up an estate plan on your own. 90% change of disaster down the line. And if you had chosen an estate planning attorney to do this work, he/she would have gotten the deed to your house and changed title into the RLT. (I’m assuming you have a mortgage, which is why you want the bank involved.)
I urge you STOP right now, and consult an estate planning attorney. If you don’t know of one, search here: https://search-attorneys.com/
Yes, it will cost you some money. But you know the old saying “penny wise and pound foolish.”
If you make a mistake you won’t be around to fix it by the time it is discovered!
