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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Revocable is the way to go for now. Posted by Ward-CA- on September 25, 2001 at 11:34 AM In Reply to: Title Holding Trust - Irrevocable or revocable posted by Matt on September 25, 2001 at 9:26 AM : Ward, : I am close to buying a house that will be titled to a trust with me as trustee. The homeowner's insurance company is placing a lot of importance on whether it's a revocable or irrevocable trust, and the answer will have impact their coverage cost. (I think they demand irrevocable). Which type do you use? Is either one OK if the intent is to flip the property in a few months? : Thanks =•=•=•=•=•=•=•=•=•=•=•=•=• Matt, tell the insurance company it’s a revocable trust to be safe. You can always modify it later. By the way, who’s the insurer? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : I am close to buying a house that will be titled to a trust with me as trustee. The homeowner's insurance company is placing a lot of importance on whether it's a revocable or irrevocable trust, and the answer will have impact their coverage cost. (I think they demand irrevocable). Which type do you use? Is either one OK if the intent is to flip the property in a few months? : : Thanks : =•=•=•=•=•=•=•=•=•=•=•=•=• : Matt, tell the insurance company it’s a revocable trust to be safe. You can always modify it later. : By the way, who’s the insurer? 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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