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Yes. Very common to have primary home in a trust. I do.
My question is whether you can put the house entirely in her name then you would get stepped up basis when she passes. Not sure though, and the mortgage in your name may complicate that.
Coach
My primary home is in a trust for estate planning purposes.
Coach
I do not do a separate return for the trust, perhaps that because my wife and I are the owners of the trust and we file together already. I’m not sure how that would be impacted if the other trust owner was not my spouse. The trust does not even have its own TID, it has my TID.
Coach
My primary home is in a trust for estate planning purposes.
My home is in a trust but I have no mortgage.