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.