After putting your home in a revocable living trust, you must add the trust as an additional insured on your homeowner's policy. If you don't, insurers can deny claims like roof damage because the trust legally owns the property now, even though you still control it as trustee.
You have created a revocable living trust. Brilliant. You have filed a new deed for your home, putting your home into the name of your trust. Brilliant. But hang on, you're not finished. And this is important. And right here, let me say, if you want more information and education on things like this, join my school community in my bio link. Contact your insurance company and make your trust an additional insured on your homeowner's policy. If you don't do that, when you file a claim for a new roof after the next hailstorm, you may find that claim has been Denied. The first job of some insurance companies is to find a reason to deny your claim. When you put your home in your trust, the trust now owns your home. You individually no longer own your home. You still control your home because you're the trustee of your trust, but the trust owns your home. So the trust needs to be on your insurance policy.
comment workshop.free still need plan to keep people out of court. learn how to in less than an hour
