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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Creating a trust for Mom. Posted by Ward-CA- on April 30, 2002 at 6:19 PM In Reply to: Creating a Title holding trust posted by JimmyZ on April 29, 2002 at 1:31 PM : My aging mother owns her home free and clear in Pennsylvania. : She's still going strong, but wants to put her house in some sort of trust so that upon her passing probate can be avoided and the house can pass to her four children in the cleanest, easiest, cheapest fashion. : Should she put it in a title holding trust, and if so, how does this happen, for how much, etc. : Thank you. ================= Jimmy, holding title in a either a living trust or a title holding trust will allow your Mom avoid probate. However, the living trust was created specifically for the task of avoiding probate, so if that's your main concern I would have a local attorney who specializes in living trust matters write up a living trust for Mom. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : My aging mother owns her home free and clear in Pennsylvania. : : She's still going strong, but wants to put her house in some sort of trust so that upon her passing probate can be avoided and the house can pass to her four children in the cleanest, easiest, cheapest fashion. : : Should she put it in a title holding trust, and if so, how does this happen, for how much, etc. : : Thank you. : ================= : Jimmy, holding title in a either a living trust or a title holding trust will allow your Mom avoid probate. However, the living trust was created specifically for the task of avoiding probate, so if that's your main concern I would have a local attorney who specializes in living trust matters write up a living trust for Mom. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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