{"id":6100,"date":"2017-02-12T09:00:10","date_gmt":"2017-02-12T09:00:10","guid":{"rendered":"http:\/\/www.racinelaw.net\/?p=6100"},"modified":"2019-12-18T14:09:04","modified_gmt":"2019-12-18T21:09:04","slug":"insurance-considerations-transferring-property-trust","status":"publish","type":"post","link":"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/","title":{"rendered":"Insurance Considerations When Transferring Property Into Trust"},"content":{"rendered":"<p>By Matthew P. Stucki<\/p>\n<p dir=\"LTR\" align=\"LEFT\">There are numerous reasons why an individual would select a living trust as the vehicle to deal with the distribution of his or her property upon death. A living trust is set up to allow the owner of the property to transfer said property into the trust and out of the owner\u2019s name. When making this transfer of property into a trust, there are important insurance considerations that need to be considered.<\/p>\n<p dir=\"LTR\" align=\"LEFT\">Individuals often purchase insurance, such as car insurance or home owner\u2019s insurance, to protect their property against damage. However, when that property is transferred, the insurance provider is no longer responsible for coverage. This makes it important for all individuals who transfer property into a living trust to contact their insurance agent and add the living trust as an insured. Failure to list the living trust as an insured may give your insurance provider a reason to reject claims made by you.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/\"  title=\"Continue Reading Insurance Considerations When Transferring Property Into Trust\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Matthew P. Stucki There are numerous reasons why an individual would select a living trust as the vehicle to deal with the distribution of his or her property upon death. A living trust is set up to allow the owner of the property to transfer said property into the trust and out of the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-6100","post","type-post","status-publish","format-standard","hentry","category-estate-planning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Insurance Considerations When Transferring Property Into Trust|Racine Olson<\/title>\n<meta name=\"description\" content=\"By Matthew P. Stucki There are numerous reasons why an individual would select a living trust as the vehicle to deal with the distribution of his or her &#8212; February 12, 2017\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Insurance Considerations When Transferring Property Into Trust|Racine Olson\" \/>\n<meta name=\"twitter:description\" content=\"By Matthew P. Stucki There are numerous reasons why an individual would select a living trust as the vehicle to deal with the distribution of his or her &#8212; February 12, 2017\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Racine Olson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Insurance Considerations When Transferring Property Into Trust|Racine Olson","description":"By Matthew P. 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Stucki There are numerous reasons why an individual would select a living trust as the vehicle to deal with the distribution of his or her &#8212; February 12, 2017","twitter_misc":{"Written by":"Racine Olson","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/#article","isPartOf":{"@id":"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/"},"author":{"name":"Racine Olson","@id":"https:\/\/www.racinelaw.net\/blog\/#\/schema\/person\/aa8aa04699b3ee65fb6e3d91aaa6b2bd"},"headline":"Insurance Considerations When Transferring Property Into Trust","datePublished":"2017-02-12T09:00:10+00:00","dateModified":"2019-12-18T21:09:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/"},"wordCount":444,"articleSection":["Estate Planning"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/","url":"https:\/\/www.racinelaw.net\/blog\/insurance-considerations-transferring-property-trust\/","name":"Insurance Considerations When Transferring Property Into Trust|Racine Olson","isPartOf":{"@id":"https:\/\/www.racinelaw.net\/blog\/#website"},"datePublished":"2017-02-12T09:00:10+00:00","dateModified":"2019-12-18T21:09:04+00:00","author":{"@id":"https:\/\/www.racinelaw.net\/blog\/#\/schema\/person\/aa8aa04699b3ee65fb6e3d91aaa6b2bd"},"description":"By Matthew P. 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