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Personal Finance (Not Investing) • Is it worth it to form a trust for home

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We have just moved into a neighborhood with average home price around 1.7M. Our state supports Tenants by the Entirety. My wife and I thus have set up our home as TBE.

We however have noticed that quite a few home in our neighborhood are named under a trust. It is unclear if they are revocable or irrevocable trusts. Is it worth the time and money to set up a trust for home, instead of using the free TBE?

Statistics: Posted by passivechi — Sat Nov 09, 2024 7:15 pm — Replies 5 — Views 541



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