A trust is a legal arrangement in which one person (the trustee) holds property on behalf of another person (the beneficiary). Trusts can be used for a variety of purposes, including minimizing taxes, shielding assets from creditors, and avoiding probate. If you are considering placing your house in a trust, it is important to work with an experienced attorney to ensure that the trust is properly created and funded. Additionally, you will need to make sure that the title to your property is transferred into the name of the trust. Once your house is in the trust, you will no longer own it; instead, the trustee will hold it for the benefit of the beneficiaries. As a result, it is important to choose a trustee who you trust implicitly and who has the financial knowledge to manage the property in accordance with your wishes.
What is an easement on a property?
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