Steve Lander from the Nest.com writes, “You can put jointly held property in a living trust. However, what you end up placing in the trust depends on the structure by which the property is held jointly as well as the structure of the trust. In some cases, it might be unnecessary to put the property in a trust at all.”
Understanding what trusts do and don’t do is important to know and I hope this article helps you in understanding them more. Enjoy!