Should I Put My Grandchild on the Deed or Use a Trust? | NC

About this video

Q: Should I put my grandchild on the deed now or transfer the house into a trust? A: In many cases, a properly drafted and funded revocable living trust is safer than simply adding your grandchild to the deed. Adding a grandchild to the deed gives them a current ownership interest. That can be hard to undo, and it can expose the home to the grandchild’s debts, divorce, or other life events. It…