Can I Leave My House and Money to My Grandchild in a Trust? | NC

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Q: Can I set up a revocable trust to leave my house and money to my grandchild? A: Yes. In North Carolina, a revocable trust can leave your house and money to your grandchild while allowing you to change or cancel the trust during your lifetime, as long as you have legal capacity. However, the trust controls only assets properly transferred to it. Your home may need to be transferred by a…