The best way to transfer your home

15 Aug 2023 · 1 min
1:01

In this instructional video, Jerry Taylor explains that the most reliable method to pass a home to your children is to place the property into a revocable living trust while you are alive. By titling the home in the trust, the successor trustee you designate can sell the house immediately after your death, avoiding the lengthy probate process that occurs when the home remains in your personal name. Taylor addresses common concerns about mortgaged homes, noting that federal law protects the mortgage from the lender’s due‑on‑sale clause when the property is transferred to a revocable trust. He outlines the practical steps for retitling, recommending the use of a quitclaim deed in most states to move the title from the owner’s name to the trust’s name, followed by filing the deed with the land records office.

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