Your Missing… - Posted by David Alexander
Posted by David Alexander on September 12, 2001 at 19:18:23:
Power of Attorney for the property.
Insurance, you need to either change the policy or cancel the policy and add a new one.
We always have the insurance company set it up so that it reads of course as xyz mortgage company beneficiaries as they appear, with the trustee controlling the policy.
Also, we have them address in the name of the homeowner C/O smith family trust to our address.
Also immediately change the address and phone number to contact.