Trust funding checklist
When you create your Revocable Trust, it is important to “fund” your trust, ie: title assets in the name of the trust. Here's a checklist for assets to consider when retitling into the name of a revocable trust, and for those where you may designate the trust as a beneficiary. This list will help streamline the process of funding the trust effectively and ensure assets are correctly designated. Michelle Goff Law will assist at the time the trust is created with all of your real estate. Should you wish for assistance with your other assets, please contact us for pricing information.
This is important to revisit over the years to make sure you haven’t purchased new real estate or opened new bank or financial accounts. If you don’t “fund” your trust, there could be a probate at your death which is what you are trying to avoid by having a trust.
A Compassionate Guide: Steps to Take After the Loss of a Loved One
A Compassionate Guide: Steps to Take After the Loss of a Loved One
Losing someone dear is never easy. During such an emotional time, it can feel overwhelming to manage the practical tasks that follow. This guide is designed to help you navigate these responsibilities step-by-step, so you can focus on healing while ensuring everything is handled with care.
What Happens If You Die Without a Will?
INo Will? Here’s What Happens to Your Estate
When it comes to planning for the future, many people delay writing a will, often underestimating the consequences of passing away without one. If you die without a valid will in place—a situation legally known as "intestate"—the distribution of your assets and the management of your estate may not go as you would have wished.
Let’s explore what happens when you die without a will and how it could impact your loved ones.
Celebrity Estate Mishaps
Many famous people have unfortunately passed away without proper estate plans in place, leading to complications and disputes among their heirs and beneficiaries. Here are a few notable examples: