Advance clause is a part of a contract that allows for additional loans to be made in the future, even if the lender is not obligated to do so. The important feature is that the mortgage secures frequent and routine future advances to be added to the loan balance.Your lawyer will recommend a Florida revocable living trust as you begin estate planning. Revocable living trusts are highly versatile, which can be valuable. This article provides an overview of the benefits of transferring real property into LLCs, as well as the issues that property owners should consider. Many people opt to put their homes into a trust. What do you do if you are still paying off a mortgage?