@wealthbywei: Protecting an asset doesn't end when you buy. It continues with keeping your records and documents up to date. Some families use living trusts as part of their broader estate planning. If ownership of a property changes, it's worth reviewing related documents, including insurance, to make sure everything stays consistent. Small details today can help prevent bigger headaches tomorrow. What financial lesson do you wish you had learned sooner? Share your thoughts below #wealthymindset #wealth #moneytips #oldmoney

Chen Wei
Chen Wei
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Region: US
Tuesday 30 June 2026 11:24:50 GMT
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beatrizcalderon523
beatrizcalderon523 :
Trust me
2026-10-05 20:10:22
0
bman_ar15
BMan :
Lady Bird deed in Florida. Simple, affordable, and effective.
2026-07-10 20:35:30
11
mitmar728
Mitch728 :
And if you have a mortgage on that house, before you move it into a trust, make sure your bank is OK with you doing that because they might not be and then you'll have to pay off the mortgage and get a new one for the trust.
2026-07-06 00:55:01
187
kellicn
free spirit :
we have a Living Trust, we have yet to inform our insurance company. does this affect rates?
2026-07-06 21:10:38
18
_dammdaniel
_dammdaniel :
As an insurance adjuster he's so right - the FIRST thing after someone passes is to re-deed the home and update the insureds on the home and auto policies ... I'm talking the day after the funeral
2026-07-06 00:46:01
127
lemonduck63
Lemon duck :
Probate is expensive
2026-07-06 03:46:02
39
patentedceige
AinteeCC :
Wondering whether insurance will go up?
2026-07-06 04:36:42
9
bajaman
user5373390428284 :
also make sure the title of the house has registered is in the trust
2026-07-05 17:16:17
35
rubyprincesss
rubyprincess :
This is great reminder! I forgot to do that!🙏🙏🙏🙏
2026-08-16 16:19:53
71
user8226261012550
user8226261012550 :
Trust me
2026-10-04 19:37:19
0
pumita1967
JC :
A trust is legal in all states. A living trust allows the owner to remain the owner until death. Ownership only changes when owner (s) pass away.
2026-07-06 20:42:18
15
6.7ps
DC6.7 :
I don’t think it has anything to do with wealthy families. It’s called a knowledgeable person.
2026-08-17 14:53:55
21
cherylgoblue
Blueeee&goldddd :
Let’s hope you get the right person when calling the insurance company. Follow up to be sure it’s done
2026-07-06 04:46:07
10
sheila.carmody
sheila carmody :
Yeah but you’re the owner of the trust.
2026-07-06 03:25:52
10
madison_winningin2026
Madison_Winning_in_2026 🥰 :
A good lawyer will take care of this for you. Good to know.
2026-07-05 21:38:56
41
azussenaross
Blanca Coria :
…. And who owns the trust??? ME!!!
2026-07-09 04:14:49
6
debra.johnson137
Debra Johnson :
Trust me
2026-10-04 17:09:18
0
lparke1
user3694793249245 :
Good Trust attorney’s send a letter in their clients behalf to make sure it gets done. Amazing how many people don’t realize how important this is . Generally no cost, just a quick call and some questions about how the deed reads and who are the trustees.
2026-08-17 15:24:05
10
blackmommabrands
Black Momma Teas & Cafe :
That's true
2026-07-06 15:44:26
5
upeachesclyburn
upeachesclyburn :
Thank you for sharing this knowledge... sharing and following.. Trust
2026-07-01 23:48:12
13
sugarplum_8574
Carol :
Thank you for that very important information!
2026-07-05 15:55:52
16
hfndkm
hfndkm :
this is very basic. Your lawyer who draws the papers will tell you few things that need to be done and this is one of them.
2026-07-06 08:01:22
6
j_stylz_33
Charles Fatjo :
I want to learn more. TRUST
2026-07-06 03:01:57
5
pjhever2
Jean Hever225 :
Trust
2026-07-10 14:36:40
1
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