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Can My Parent Control a Home in a Revocable Trust? | NC
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Q: Can my parent keep control of their home after putting it in a revocable trust? A: Yes. Your parent can usually keep control by serving as the initial trustee and retaining the right to amend or revoke the trust. If the trust document grants the proper powers, your parent may continue living in the home, maintaining it, refinancing it, leasing it, or selling it. Signing the trust alone is not…