ERROR CORRECTION! At about 18:00 in the video I said that title insurance covers your property till you die or sell the property. It's true that a new buyer will have to get their own title insurance but when you die the title insurance should still be in force for your heirs. On the other hand, if you gift the property to anyone before your death the new owner (even if one of your heirs) will almost certainly have to get a new title insurance policy to cover the property. Sorry for the mistake! Thank you Jeff for asking the question!!
ERROR CORRECTION! At about 18:00 in the video I said that title insurance covers your property till you die or sell the property. It's true that a new buyer will have to get their own title insurance but when you die the title insurance should still be in force for your heirs. On the other hand, if you gift the property to anyone before your death the new owner (even if one of your heirs) will almost certainly have to get a new title insurance policy to cover the property. Sorry for the mistake! Thank you Jeff for asking the question!!