All in Real Estate

The ease with which you can make changes to your living trust depends on what kind of trust you created. If you made an irrevocable trust, you'll have an uphill battle. You generally cannot amend an irrevocable trust except under rare circumstances and with the express permission of the court. If your trust is revocable, however, you can make changes any time you like.

The closing or settlement process marks the end of a real estate sale or loan transaction. The closing brings together all parties to the transaction whereby legal transfer of property takes place.