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Personal Finance (Not Investing) • Bare Legal Title for Real Property in a Revocable Trust

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I noticed that Fidelity Personal Trust Corporation requires that they hold bare legal title to any real property held in the revocable trust while the grantor is alive. I find it hard to believe that any grantor would agree to this.

Any idea why they require this? And is there a drawback to permitting this?

Statistics: Posted by JSparks — Sat Sep 14, 2024 1:09 pm — Replies 2 — Views 132



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