How to Hide Your Home From Public Record (Remove Your Name!)
ฝัง
- เผยแพร่เมื่อ 22 มิ.ย. 2024
- If you reside in a personal residence that you want to keep hidden then there are options you can/ should consider. Here are some methods on how to hide your home from public records.
Is this legal? Yes!
"Is this something I can do?" 3:47
Toby Mathis, Esq. is here to deliver wholesome, legal insight into the subject matter at hand. His experience, coupled with his accumulated knowledge, makes him the right figure to turn to in order to learn more.
Don’t let the public record be a weight on your mind.
Secure your residence today and prevent those looking to use the public record to their advantage.
Thank you for clicking on the video, we hope that you found the information helpful. It is our pleasure to help spread this knowledge and educate those looking to expand their minds regarding real estate info.
Did you know that there are ways to help our channel grow and reach a larger audience? Please consider doing one of the following:
Like
Subscribe
Share
Comment
We upload content regularly, so be sure to check us out again in the future. Thank you for joining us, and we look forward to having you as part of our community again.
Show Notes:
0:00 Intro
0:32 What We Are Doing
4:10 Three Parties
10:38 The Big Question
12:42 Outro
---------------------------------------------------------------------------------------------------------
SUBSCRIBE
aba.link/subscribe
~~~~
FREE REAL ESTATE INVESTMENT STRATEGY SESSION
Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 aba.link/6rb
FREE TAX & ASSET PROTECTION WORKSHOP
Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: aba.link/p1p
TAX TUESDAY LIVE
Toby Mathis, Esq. and Jeff Webb, CPA will answer ALL your questions LIVE on Tax Tuesdays every other Tues 👉 aba.link/dgv
OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
aba.link/tobyevents
~~~~
FINANCIAL PLANNING & TAX RESOURCES
📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 aba.link/IIWbook
Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 aba.link/tobyshop
Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 aba.link/tobyaba
~~~~
FOLLOW US:
Instagram: aba.link/instagram
Facebook: aba.link/facebook
Twitter: aba.link/twitter
LinkedIn: aba.link/linkedin
TikTok: / tobymathisesq
~~~~
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#anonymity #assetprotection - แนวปฏิบัติและการใช้ชีวิต
Want answers to your questions about this video? Schedule a complimentary consultation with our experts today! 👉 aba.link/6rb
Toby, I find you very interesting. I have one question, I am 68.
I. I would like to leave my home to my son's, however I want my girlfriend 67, to stay in the house until her she is deceased or unable to meet the mortgage obligations.
Would this asset protection do this?
Mr. Mathis, will this exclusion interfere with VA disable veterans who qualify for 100% property tax exemption?
Excellent video. If anyone googles you their identity should be revealed. We need a Privacy Act.
This is such a valuable lesson.
I don’t like people whom I don’t know type in my home address and find out
infos and go on to check my background
and family infos. Not that I did anything
wrong but it is shocking to see everything
is in the public wide open!!
You dont need to do anything wrong. I had a lawyer to make a bogus claim on me 12 hours off from where I live in hockley county texas. He sent court proceedings to a physical address instead of my mail address and got a no discerning judge to slap a 750k default judgement on me. I paid 20k in lawyer fees to expose the truth and get due process to no avail. I finally ended up having to file bankruptcy for another hit paying lawyers. It is just a very corrupt government from the top to the bottom. Payola to lawyers and judges is the game.
This is very good information, I've often wondered how to accomplish this.
These days with all of the harassment going on, stalking, scams, etc, this information is a keeper.
I'm about to do this asap
It’s scary
Yes you can even see all the homes one lived in it’s crazy
Extremely helpful information, I need this! Thank you!
Thanks for the info - was told an OOP was just a piece of paper and the individual was able to find my new home and move in close enough he could see in my backyard. I've been really anxious ever since about having my name attached to anything.
This is very helpful. As someone who works in medicine I always worry about this. Thank u
I tried telling people this they thought I was crazy. I finally found another man explaining this is clear details
Appreciate your knowledge and thank you! 😊
In Los Angeles, the county is requesting for a copy of the trust that reveals the name of the beneficiary. Does the county have the right to get a copy of the trust?
Great job explaining this Toby.
excellent videos. Thank you.
Wow! That is awsome thank you!
Valuable info, Thank you😊
Thank you for watching the video 😊
Make sure your lender will permit this or the transfer of your property to any other type of trust. I’ve had lenders deny that.
I was also wondering how this affects your accessing your property's equity: does it make it more difficult to get loans/mortgages? There's still an LLC involved. I've got more research to do regarding pros and cons of trusts vs. LLCs...
My partner did this with an investment property. As long as you are paying the mortgage, the bank will have no reason to look into who the owner of record is. However, if they do find out, they have the right to call the mortgage.
When you state call the mortgage, what is meant by that?
@@curiousone7309 call it in
Demand full payment
Germain Act
OMG...! This is so informative!!! Thank You Attorney Mathis, for sharing and being so transparent!
Thank you for this information.
Hope it was helpful!
Awesome video thanks.
This video is awesome🙌🏾❤️🌍
Thank you!
The problem with Nevada is if someone searches your name in the county assessor's website, you come up as the immediate past owner and transferor to the new entity. Also the assesor codes the transfer as a related party transaction so everyone knows its really still your house.
So, this only works the best when you first purchase the home? I need to prepare this in advance, I wonder if I need a lawyer or is it as simple as making a revocable living trust?
Good advice.
Great video. Thank you
Thank you for watching!
Thx for this
Thank you 🙏
Great video! Is it better to do a land trust before or after getting married? I just bought a house with my fiance but we don't get married until next year...
Before, always before the marriage, land, homes, cars, boats...all before and less headaches. No one plans on getting divorced...fail to plan, plan to fail.
Good education
I need it to stop a spam calls, mails and emails. Thank you very much!!!
Thanks so much, Toby. You made this seem so simple. A question is about the LLC. I thought they had to have a 'use' or purpose'; They need to have tax returns? Other than that hurdle, I'm ready to go.
Great! How do you finance a home you buy? And what if you already own the home in your name?
Hello Toby, Love your videos, great information! I watched one of your other videos a while back regarding Wyoming LLC and how people are unable to see who owns the LLC. Could it be possible to do something like this by just going with a Wyoming LLC or do you have to involve the land trust step as well? Still learning all the ins and outs of the game so be patient with my questions...
Good Educational Content
Our property was hiden from the public by using the confidential status. Hubby in law enforcement. Only problem is that when I try to look it up on the CAD for tax purposes any time during the year, I can't...so I can only see my taxes info when I receive paperwork for our taxing entity.
Great info. If possible, could you speak on Death Deeds vs living trust s.
We will make a note of your suggestion 👍
Interested also.
Great question that I want the answer to also.
great info
Glad you think so!
Excellent. You r Chanell is my HBO. I have a question for tomorrow Tuesday concerning today topic. Thank you.
Wonderful, we look forward to seeing you in the audience on today's live stream!
I was getting texts, calls and mail from house flippers wanting to buy my house for low ball price. They all went to pva to find my name. I am glad housing market is crashing. Scumbag house flippers finally stop trying to contact me to try and lowball me on the property. My house has never been for sale.
i feel ya my house isnt on the market, yet ive had calls , txt , mail , an even a couple people show up at my home asking if i was interested in selling ,
me: is my house for sale ?
me: please get off my property,
as i shut the door in their face !
Thank u thank u so much for xplain good
Most welcome, thank you for watching our content!
Is it recommended to do that for investment property? … If so, under what form would you have to file for income tax purposes?
Gracias 🙏
This is very good information, I've often wondered how to accomplish this.
These days with all of the harassment going on, stalking, scams, etc, this information is a keeper.
I'm about to do this asap.....
Love it! Does this work in Cali with the LLC not based in Cali? Years ago I looked into a Delaware Corp, however, to do business in Cali, the same fess as a Cali S-Corp or LLC are due, or more. The fees part is foggy, but there are State Franchise Board Taxes, or a minimum of $600 in taxes per year, even with no profits. My very basic understanding was that this is also charged to any Corp or LLC outside the state that does business inside the state.
Thank you Mr Mathis for such a informative video
I used to sell real estate here in las vegas and if I wanted to search someone with their name all I did was go into the recorders record and find which parcel number they had recorded in the past was associated with their name and then just get the address and do a drive by to see if they still lived there so now with your method will that information be also removed from the recorders office or is that a permanent records
Thanks andy
Thanks for the info. It's crazy that any random person can Google you can know where you live. There has to be some way to change this (from the politics side). If police officers have that protection it should be extended to everyone.
I was able to get off some sites on my own. Experian offers it but I dont know how effective it would be. But having property is public record.
Police officers dont have that protection. Ironically, Automobile tags have that protection.
How much to set up the trust first time? How much cost yearly?
Thank You very much for this clear information. I am one step from "one of the greats" and just the thought that somebody anywhere can just look me up on bing and google their way down my street makes me crazy. That and a lifetime of invasive-type people. But what about utility companies? Do they accept this land trust name? My homes from college long ago are popping up on public records, and why doesn't some law try to stop this?
Hi Toby.. I grew up in Vegas but live in Texas. I’m interested in this process so you have any recommendations of attorneys who can handle this in Houston,Tx.
How to hide your assets, Home, Boat, Automobile etc.... is to buy your assets with a Bill of sale contract between 2 private parties. AND DO NOT Register NOTHING with ANY CORPORATION AKA do NOT REGISTER WITH THE STATE, as the STATE is a CORPORATION. Under CORPORATE terminology, the word " register" means " to sell an asset" via the application of Registration. Registration is to make an offer to a CORPORATION to sell your asset, the Corporation then accepts your offer, then you release liability of said asset to the CORPORATION in question. With a Bill of Sale, there is NO CONTRACT with any corporation. ya get it????? You register a child in PUBLIC corporate school, the parent just SOLD the child to a CORPORATION, the child then becomes the Corporations ASSET. Register your Automobile, you just released liability of your bought asset to a CORPORATION, as clearly stated on your Car TITLE, at the top read it (the transfer of liability)!!!! then the corporation then rents their asset - the Automobile under the Commercial title of MOTOR Vehicle, then make the renter pay for the privilege of DRIVING as an employee of said corporation, someone Elses Property aka the Asset you sold to the corporation. Ya get it ?????????
How do you get around car rego and the address?
@@jodief8371 your lifes assets need NO registration with any Corporation. Your life's assets are Private, You are liable for what is yours. You are not obligated to contract with every corporation that makes you a offer to contract, ether by force, treat, trickery, word Fraud etc.. The Car details VIN, color, make and model outlined in your Bill of sale IS proof of ownership. You are Private, the Incorporated STATE is a Private Corporation. Your address identifies Your Name to be within the fictitious juricdication of the Private Federal Corporation. Your address also has a urban Lot address, when you use a address with Zip code, you are telling the Incorporation STATE and Federal Corporation that you are Corporate Chattel via your Name from your birth certificate. The Name is owned by the Federal Corporation. Do you understand what your Birth Certificate is all about?
Useful content !! Have you done land trusts in California successfully ? or in other words, do you have experience working with Californians on this subject ( keeping the name off )?
Hi, thank you for leaving your comment. You can request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Here is where you can get set up1 ------> aba.link/tobyss
Hi great video. What would I use in Florida to avoid losing homestead and what backup document would I need?
Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby
Thank you! Can you get the original document in the name of the trust when purchasing so that your name never shows up at all and you don’t need to transfer?
I need to do this for the next place I am moving to for one of those reasons
Love these videos and the podcast as well. How do you solve the utilities and USPS issue? Once these two entities, USPS and utilities have your name, your done for. Your info is showing up in simple searches on White Pages.
Ultimately, unless you are going to offer a third party some type of control over your asset protection structure, which we do not recommend, your name might be associated in some capacity. You may be signing as manager of an entity but this does not necessarily mean you are an owner. Where possible, using the name of the entity is preferable, but there is often a responsible party that is required.
@@TobyMathis Thank you for your reply. I was thinking of trying to obtain some anonymity at my personal residence.
@@TobyMathis How can I get help with this? I am seriously interested asap. FL. But, what about the Clerk of Courts (Public record)? My coworker did this.
I think this may be true for sewer/water/trash utilities - but I know in my area it's not the case for at least gas and electricity. 10 different rentals I've lived in where I had to switch the gas and electricity into my name, and none of those addresses ever showed up in any of my information online. I used a PO box for mail, so that PO box is the only address that shows up as an address for me.
You explained it well, however, you didn't mention "how to" set this up?. That's important, obviously.
Hi Toby
Thanks for the great video. Will the name come off completely from the public records for that property transferred?
Cause I can see the property when I currently search for my name.
Will the property not ever show up again after the transfer when I search my name?
Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby
What if you want the property to go to a living trust? How does this work with estate planning?
Good video👍. Whats the average cost to put this together? I have a self directed IRA LLC in which i have property in
If you have a mortgage in your name, initially, you will have to close the loan in your name. Than that puts you on the chain or title..also the deed of trust in California is public record..Even if title says the name of a trust. You as the borrower or trustee signed the deed of trust. That can be pulled
Toby, once a property is in your name, it'll show up in the string of title. So doesn't it stand to reason then, that anyone looking for where you live could assume the property was moved into a Trust but that you didn't move? In other words, isn't it too late if your name is associated with the property at closing? P.S. I follow you and Clint religiously. I'm a Titanium client and you guys are my heros. I learn so much from you. Thank you for all your content.
Thank you for your support. It is possible that a person could make that assumption. However, depending on the county, what is publicly disclosed, or if there are fees involved with searching records, it can make it more difficult to get to that assumption.
❤❤❤ thank you both!!!! I've struck gold in this feed!!!!! @TobyMathis
What would you put as your address on a driver's license or to get mail?
Can you place a property with a mortgage in a Land Trust? How does the mortgage company feel about this?
Can u make a video on Charitable Remainder Trust? Ty
We will consider it 👍
Toby, what great Info! How do you start the paper work and cost? I live in CA.
Following.... me as well.
Depends, consider asking this question live on Tax Tuesday today for a quick, quality response.
Tax Tuesday? Is this via TH-cam or another site? Great information. Thanks 🙏
@@TobyMathis I will get on next Tuesday 28th and ask my question. Thanks
@@frankwhipple4813 The next Tax Tuesday will be held on July 5th 👍
This may work for asset protection through an LLC, but if you have a SINGLE USPS piece of mail associated with your address, Dr. Google may find you. Removing your data through a service wiped from the internet it is very expensive. But hey whatever floats your boat!
a usps post office box is relatively inexpensive. I pay 80 dollars a year.
How do you do it? Where do you go to do it?
Interesting. I'm in Ca. and would like to do this with the house we are thinking about buying. Not wealthy or anything, just don't like that anyone can google your name and see where you live.
What would it cost to do what you are talking about, and how long would it take to do it, can it be done in escrow?? Thank you for the great video 👍👍👍
What if someone already know my home address, will land trust or LLC strategy still work?
Will the mortgage company call the loan ?
What about state transfer tax? In PA its 1% fr buyer, 1% from seller, so 2% to transfer into a trust. Exclusion does not apply to Trusts.
I definitely want to do this both for my investment property and my primary residence.
Can you do this with your vehicles as well?
I have my cars in a trust, no name associated with it but the made up name like Phoenix Trust dated ...... owns the car. P.O. box for mailing address for DMV. Good luck having your name show up while being followed. Use a common law Pure Trust.
@@gamersanonymous4me131 in NY while ur mailing address can be POB
Ur residence has to listed also
@@YeshuaKingMessiah Same in Cali, but my trust physical location was entered at a friends house and never changed (10 years ago and friend moved to AZ 8 years ago). The agent of the the trust or trustee has to sign also, but....they can do that for mulitple cars (cars that are put into the trust). I am much farther out there than most however, I haven't' had a Drivers License in 12 years and I revoked mine (so it did not go into suspension and still be there). I am also a state national, recognized by the Sec of State for the USA.
Hi Toby.
Can the banks give a loan if you set a land trust or can the public record be change when you have an existing loan with a bank ?
Thanks
You can transfer the property via warranty deed to the land trust with an existing loan. We encourage this rather than having the loan made directly to the land trust since this depends largely on the lender allowing you to do so. We provide and recommend our deed services when transferring property to a land trust to ensure it is done correctly.
Should we use Homestead Exclusion when we buy a home?
Do you have a link to where I can do this TIA..
Does this protect from title theft?
Would this mean you have to change it if it's no longer your primary residence?
To do this Where do I start ?
Do I go to city hall?
Does a Living Trust accomplish the same thing? Also, there is a company that is selling protection from having your home title stolen (cost was $100/year). I heard a speaker say that a fraudulent conveyance is by definition is illegal and such "insurance " is unnecessary. Can you do a video on this?
A living trust (as opposed to testamentary trust) is simply a trust created during lifetime. There are many different kinds of living trusts. I like those created under section 678 of Title 26. Use a trust name that is unrelated to your name.
Green video explain general info, but there’s no step by step on how to exactly do it. Do you/your company do this for people? I really need this done!
We offer a variety of services here at Anderson, please refer to our page and let's see if we can help you achieve what you're looking for andersonadvisors.com/products-and-services/
In Washington State my name is on the LLC application viewable on line.
in Wyoming your name is not on the LLC application, the Wyoming registered agent is. That's why he uses Wyoming for the LLC.
This won't work there are way to many data collection points. Here's a few credit cards, banks , credit agency's, Amazon eBay, home delivery apps. 1000s of phone apps, stores, Uber, your phone, GPS, Google Facebook car rentals, uses FedEx ups, ect ect. Your address will eventually be picked up by internet bots. Thus although county records may not say it, your address will be associated with your name
Cant you get the homeowners exemption after doing this? Can you get a mortgage after doing this?
Do you have to do this before you buy the property, or can change things after you've already bought it? Thank you
To provide you with more tailored advice based on your specific situation, I recommend signing up for a free strategy session. During the session, we can discuss your current circumstances, whether you're in the pre-purchase phase or have already acquired the property. Visit aba.link/6rb
Hi Toby, we are retired and have both our residential rental properties in a revocable trust. Our names are still coming up on the public tax records. Can we do a LLC in Wyoming holding the trust thereby providing liability protection? And if so, who can I use to set this up? And what should this cost us?
Actually, we would typically recommend a different structure that offers protection for your properties and yourself, but still involves the Living Trust to avoid probate on assets. You would benefit from an individualized strategy session through our platinum program at Anderson. Please call 877-513-2658 if you are interested. Typically we recommend LLCs setup in the state where the property is located to own the rental property. Those are held or owned by an LLC setup in WY to act as a holding company. Generally, that WY Holding Company LLC is owned by the Living Trust.
I live in south Texas, how much would this cost me?
Hello, when going thru USDA (502) as a lender in WV, do you know if USDA will allow you to put it in a land trust?
Thank you for doing these videos
Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby
Nice video I have a question I am in Georgia can put my home trusted even if my ex wife is on the Deed?
How is this different from a regular land trust?
so does the llc need to be making money or can it just be active
Can this be done when the house is a homestead?
I don't have the information about where you can find this document online
How about putting it in a 501k(c) 4. I have one, is there any draw backs to doing that?
How & where does the Trust get filed?
does this information include commonwealth like Puerto Rico
Question: when I ask a lawyer to put a property into my living trust who goes in and changes the wording on the title?
Would this interfere for those receiving STAR program or Veteran exemption
If I am the grantor to the trust isn't my name still associated and would this run into difficulty if you have a mortgage?
How to go about it please?
What is home estate exclusion
This is great info, and when I left an abusive relationship, such possibilities were important to me. However, I discovered my address on the internet because I'd registered to vote. Do you have any solutions for the public display of voting records?
wow, great thought
Perhaps a PO Box may work for mailing address
@@in-God-we-trust I don't know about all states but in my state, you have to have a physical address for an LLC. You could pay for a box at Mail Boxes Etc or something like that but no PO Boxes allow.
I don't know why that would be public. Isn't that private info ?
G0v expl0it$ v¡CTI Ms info0mation ¡n s0 many
w@¥§
How can I apply this in Australia?
Can you do that as a renter & with vehicles??
Doubt a landlord is renting to a trust
Does this keep it away from Social Security Disability and the Medicaid 5-year look-back period? Will all these questions be answered? There are some good ones!
Hi Toby, great video and very informative. I am a real estate professional here in Las Vegas and I have a question on how this will work. My understanding is that you put the property into the trust and it does not show you as the current owner. However in Clark County you can search current and previous owners and it will still show the the previous owner and then a transfer to a trust but it will not show as a resale. So someone can still look to see you as the previous owner and then the transfer to the trust and assume you are still the owner. Does this process in anyway hide previous owner, or is there a way to remove the previous owner from public records?
Yea I’m an agent as well and I can pull up all the transfer history… I guess the property will be protected because the LLC is anonymous so they can’t prove your ownership even though you just transferred it lol
This is a very relevant question, Andrew. The same applies here in Texas.
To take it a step further, my mortgage broker recently told me if I wanted to refi a property, it’d have to be in my name before the refi could take place, and I could move it over to a trust afterwards. That statement didn’t seem right to me, so either I need another mortgage broker or I need to figure out how to keep my name off of the ownership history and still do a refi.
@@steveh4837 Not sure why u feel it wouldn't seem correct, as a trust is what transfers ownership in the future, but it is making it unavailable now also.
Being on disability-my father couldn't add my sister or I to his home to prevent probate-and due to fact we are both sick/disabled-;we can't have more than 1 home as an asset & receive disability-bc of Medicaid-which covers too much help we need now--
So only way(s) we could avoid probate w my fathers assets (home & any funds) we to put it in a "Living" trust with our names. This somehow has whatever the Gov"t needs to allow them to validate the transfer at death-so can avoid loosing benefits now-& not have to deal w Probate etc later.
(Also found at least in our State of MI we could fill out forms that he instructed his financial instit. to trans it in writing before had by legal papers signed by a Notary.
So the trust-being a "trust" account-would prevent the Financial institution from being able to attach their ownership of the property with a lein so to speak for whatever amt of funds would be due on event of non-pay or death-which the deed has in a living trust has already legally been transfered in name (& value) to the beneficiary of the trust at death.
So I hope that helps u understand why at the least they would have to have the documents of them as 1st leinholder- would have to be done b4-- the trust would legally appoint the beneficiary to gain full ownership at death- if the mortgage wasn't done prior to death/ bc the trust would b appointing ownership to beneficiary 1st at death.
They want to guarantee they legally have #1 grab at value 1st! legally.
@@histevenhere My info. has nothing to do with having any invisibility-just why on the order of doing a Trust.
@@Kaylin_h Thank you for your explanation and a lot of what you say makes sense. It actually brings up thoughts I’ve had about the need to transfer my mothers house out of her name and place it to where a future medical entity could not place a lien on it. She is a retired schoolteacher of humble means and lives on a fixed income. Perhaps that would be a topic Toby would cover for us at some point in the future. As my thinking is I would love to move her house from her name possibly into a trust so that if she went to assisted-living in the future, we could rent the house and use the proceeds to place toward her care rather than having to give the house up.
Further, my initial topic was on that of rental properties. My mortgage broker had indicated that if I own a rental property in a trust, and wanted to refi in the future, I would have to move the rental property directly back to my name in order to do the refi and then move it back to a trust afterward. That is what I was ultimately seeking clarification on as well.