Funding Your Trust
What is funding
my trust?
To do this, you physically change the titles of your assets from your individual name (or joint names, if married) to the name of your trust.
You will also change most beneficiary designations to your trust.
Why is
funding
so important?
If you have signed your living trust document but haven’t changed titles and beneficiary designations, you will not avoid probate.
Your living trust can only control the assets you put into it. You may have a great trust, but until you fund it (transfer your assets to it by changing titles), it doesn’t control anything.
If your goal in having a living trust is to avoid probate at death and court intervention at incapacity, then you must fund it now, while you are able to do so.
How difficult is the funding process?
It’s not difficult, but it will take some time. Because living trusts are now so widely used, you should meet with little or no resistance when transferring your assets.
Top 4 items to put into a Trust
1. Transfer Entities
2. Transfer Real Property
3. Life Insurance
4. Financial Accounts (Checking,401k,Retirement)
Watch this video!
Frequently Asked Questions
When do I start the funding process?
Do you need a copy of a signed Estate Plan documents?
How do I get a copy of my Deed?
Do I put cash in the trust?
What address do I use?
Can I email notarized copies?
Are recorded property transfers public?
Submission Forms
Still Have Questions?
Call our Funding / Deeds Department
(888)-801-0010 Ext 2012
Or
Mark J. Kohler
