Transferring your home to a living trust can simplify the process of passing it to heirs and avoid probate. The use of living trusts has surged in the past 30 years, with 13% of respondents having one in their estate plan. Setting up a living trust can cost between $400 to $4,000, with additional legal fees.

Transferring your home to a living trust involves paperwork and red tape, which can take weeks or months. This process may be worth it compared to the 6 to 12 months it takes through probate court. However, it can complicate mortgage and insurance needs, so consult with experts before making this move.

Read more at Yahoo Finance: 5 serious disadvantages of putting your home in a living trust. Know the risks before making a move in 2026