Living trusts can be costly to set up and maintain, with legal fees that may grow over time.
Transferring a home into a trust requires extensive paperwork that can take weeks or months to complete.
Moving a home into a trust can complicate mortgages, refinancing, and trigger loan clauses.
Property transfers through trusts may create unexpected state or local tax consequences.
Changing the home’s title can affect title insurance and may require new coverage or endorsements.
