Legal Matters: If you have equity in your home, consider doing a trust - New Pelican

New Pelican

Legal Matters: If you have equity in your home, consider doing a trust - New Pelican

By Martin Zevin, Attorney | Contributing Columnist In 2012, I wrote an article recommending against doing a revocable living trust if you were “underwater” with your mortgage. I wrote that article just before the housing market in South Florida began to recover. The last five years have seen significant increases in property values. This has resulted in many homeowners now having positive equity. I read a statistic that, in the third quarter of…