How Do You Include A Trustees Name On A Title Insurance Policy?
Title insurance protects you from claims against the title to your home that could have been made before you bought it , but weren’t discovered until later. Your title insurance company is required to defend your title and pay for any monetary loss you suffer because of such a claim. When you transfer title in your home to your living trust, which is commonly done for estate planning purposes, check with your title insurance company and verify that you are still covered for claims that may be made against your title. Call your title insurance company and ask if the policy will cover the change in title, such as from “John Smith” to “John Smith, Trustee of the Smith Family Trust.” If you transfer title without inquiring first, your title insurance policy could be terminated because the policy only covers you, not your living trust. Request an additional insured endorsement in your name as trustee from your title insurance company. State laws generally permit title companies to continue
