Trust Funding

Trust Funding

A commom problem with trust-centered estate plans is that there is a trust, but no one bothered to put any assets into it, i.e. the trust was not funded! If your trust is not funded, you cannot take advantage of all the benefits of your careful and thoughtful planning. Making sure that appropriate real estate holdings, bank accounts, stock accounts, personal property, and titled vehicles are in the trust will make it easier for others to manage them when the time comes for their help.

NOT all assets can or should be in a revocable living trust, so it is important to get the right ones into the trust.

I would be happy to consult with you about what you can do to transfer assets into to your trust. I also coordinate funding services should you not wish to take this on yourself or should you find that, although willing, you cannot find the time to complete this important function.