Hi everyone,

I have a question about trusts. If let's say our house go into a trust, I know that we lose control over the asset and that we can't sell and refinance as we like. However, who controls the trust? Is it a government thing? Also, when we pass away, does the house go to my children and is no longer in a trust? Once it is no longer in a trust, will my children has full control over the house?