Affect of Transfer to Trust

04-07-2006, 12:28 PM

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Join Date: Apr 2006

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Effect of Transfer to Trust

What is the name of your state? Michigan

House was transferred from husband and wife to husband and wife as trustees of their revocable living trust. No change was made in the Homeowner's Insurance. Premiums were paid as they always have been. Subsequent lightening strike burns the house down to the ground. Can an insurance compmany refuse to pay because the house was transferred to owner's revocable trust?

Last edited by richgei; 04-08-2006 at 09:59 AM.

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