▲ 1 r/HomeInsurance
We just updated the deed to our house which is in our name as husband and wife but upon death it transfers to a trust. I thought we were supposed to have the insurance updated to the name of the trust initially and instructed our agent to make said change. However, our attorney advised us that since the home remains in our name we should still be listed on insurance policy (we also have an umbrella). When I instructed the agent to change things back, I was advised that they kept us as the name insured and only added the trust as additional named insured and suggested to just leave it. Can anybody weigh in this?
u/gr8plains-gal — 12 days ago