I bought a property in the name of my trust. I was advised that I did not have to revise my trust toinclude thisproperty since it isowned by the trust. Imust want to verify that this is correct information.
1 Answer from Attorneys
It is impossible to give you any assurances without first reviewing the Trust documents. However, in most cases, you probably have a document entitled Schedule "A" which lists out your assets. You can simply write in the new property, which is useful for the Successor Trustee to identify your assets.