If my husband and I own a single family home, can we still create a revocable living Trust between the spouses?

We do not have any children and live in a community property state.

Asked on June 8, 2014 under Estate Planning, Nevada

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

In Community Property states - such as your state of Nevada - married couples can indeed create a joint revocable living trust.  You will have to re-title your property to the name of the trust in order to fund it. I would strongly suggest that you go and speak with an expert on the matter.  Good luck.


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