Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Did you know you can place a home with a mortgage into a revocable living trust without triggering the due-on-sale clause? Whether it’s your primary residence, rental property, or vacation home, this is a key estate planning strategy, especially if you want to avoid probate and protect your assets in California. ### **Can You Place a Home with a Mortgage into a Revocable Living Trust?** Yes! Transferring a mortgaged home into a revocable living trust is a common move. You keep making mortgage payments as usual, and the loan terms don’t change. This way, you retain full control of your property while ensuring it’s protected and passed on according to your wishes. ### **What About the Due-on-Sale Clause?** The due-on-sale clause allows a lender to demand full repayment if a property changes ownership. However, under the Garn-St. Germain Act, transferring your primary residence into a trust doesn’t trigger this clause. For non-primary residences, lenders are usually lenient as long as the trust is revocable and you maintain control. ### **Why a Revocable Living Trust?** - **Avoid Probate:** A trust keeps your property out of probate, saving time and money for your heirs. - **Privacy:** Unlike probate, a trust keeps your financial matters private. - **Flexibility:** You can modify or revoke the trust anytime, giving you full control over your assets. ### **Take Action** If you’re in California and want to protect your home with a revocable living trust, click the link in my profile to schedule a consultation. Let’s create an estate plan that secures your property and provides peace of mind. Start planning today! #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty

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