Subject To ?should The Bank Know Or Not?
When you deed the property to the trust should you notified the bank that the property is now on a trust for financial planning?or should you just keep making the payments and stay www.quiet.Im reading a book and it says that you should help the owner write a quick letter to the bank letting the bank know the property is now on a trust for financial planning but i still want to know someones professional opinion... 
there is nothing wrong with putting property in a trust for "estate planning purposes"
so no need to notify the lender to raise any unecessary red flags- just keep making timely monthly payments.
[addsig]
dataattack - how have your experiences been with switching insurance with a land trust - do you get it in the trustees name or the trust itself? anyhelp would be appreciated.