<div dir="ltr">Actually, the assets of a living trust should be held in the names of persons, such as "John and Jane Doe, Trustees of the Doe Family Living Trust".</div><div class="gmail_extra"><br><div class="gmail_quote">On Thu, May 11, 2017 at 11:12 AM, Richard Holland <span dir="ltr"><<a href="mailto:rich@pnwle.com" target="_blank">rich@pnwle.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
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<p class="MsoNormal">Not a trust attorney by any means nor an insurance attorney – so basically my input is just about worthless – but logically couldn’t the named insured assign the proceeds to the trust in some memorialized manner?
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<p class="MsoNormal">Thanks,<u></u><u></u></p>
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<p class="MsoNormal">Rich Holland<u></u><u></u></p>
<p class="MsoNormal"><a href="mailto:rich@pnwle.com" target="_blank">rich@pnwle.com</a><u></u><u></u></p>
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<p class="MsoNormal"><b>From:</b> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com" target="_blank">wsbarp-bounces@lists.wsbarppt.<wbr>com</a> [mailto:<a href="mailto:wsbarp-bounces@lists.wsbarppt.com" target="_blank">wsbarp-bounces@lists.<wbr>wsbarppt.com</a>]
<b>On Behalf Of </b>Mark Vohr<br>
<b>Sent:</b> Thursday, May 11, 2017 10:25 AM<br>
<b>To:</b> <a href="mailto:wsbarp@lists.wsbarppt.com" target="_blank">wsbarp@lists.wsbarppt.com</a><br>
<b>Subject:</b> [WSBARP] Insurance on Property In Trust<u></u><u></u></p>
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<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Question: We are trying to determine how to best obtain homeowners insurance for property in a trust. We are being told the policy has to be issued in the name of a person. The problem
is that if there is a claim, the named person gets the payout – who is not the owner, which I can see as creating a problem for the trustee.<u></u><u></u></span></p>
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<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Any input would be greatly appreciated.
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Baskerville Old Face",serif">Mark<u></u><u></u></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Bradley Hand ITC"">Ohana Fiduciary Corp.<u></u><u></u></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Bradley Hand ITC"">Ohana Financial Services<u></u><u></u></span></p>
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<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:12.0pt;font-family:"Bradley Hand ITC"">Mark C. Vohr, J.D., CPG, Principal<u></u><u></u></span></p>
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