As an Estate Planning and Elder Law attorney, I’m often asked about the impact of transferring a mortgaged property into a revocable or irrevocable trust. Most mortgages contain what is called a “due on sale” clause, which means that when you transfer a mortgaged property out of your name, the entire mortgage balance is due. … Continue reading Transferring Your Primary Residence into a Trust for Estate Planning: Understanding the Impact on Your Mortgage