YES, you can put a home with a mortgage into a family trust, but you’ll have a few concerns. First, a living or family trust allows you to retain full control over your assets, including your home. However, if the current mortgage loan is in your name or with your spouse, you can’t transfer your repayment obligation to the trust. You’ll need to remain personally liable for the mortgage loan, but you can continue to deduct interest and property taxes. (Talk to your Accountant)
Family Trust Home Loans
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