Prodedge2022
New Member
- Jurisdiction
- Colorado
My husband and I have a revocable living trust and transferred our home to the trust last year. The mortgage on our house was paid off 5 years ago. We requested a small loan (Heloc) through our bank last week. They requested our living trust in addition to other paperwork. Now they say that the trust should say "Trust agreement" and not the "Declaration of Trust"!! So, what is the difference between these 2 terms and do we need to redo our trust? Thank you!