With recent devastating fires in Southern California raising concerns, it’s crucial to understand how titling a home in a trust can impact insurance coverage and how to avoid potential claim denials. An often-overlooked issue arises when a home is titled in a living trust, potentially creating a conflict between the named insured on a homeowner’s policy and the legal owner of the property. I believe this article, written by my esteemed colleague, Robert Silverman, an Attorney at Law, offers valuable insight into this important issue and helps clarify potential risks homeowners may face when their property is titled in a living trust.
For any questions on this topic and as you manage your finances, please give us a call. We would be happy to be of service and support to you and your family.
