Should my parent add me to the deed or use a trust? | NC

About this video

Q: Should my parent add me to the deed to their home or use a trust to pass the house to me? A: A revocable living trust is often the better option if your parent wants to keep full control of the home during life and pass it to you outside probate. Adding you to the deed gives you an ownership interest immediately. That can make a future sale, mortgage, or change of plans more complicated. It…