FUNDING YOUR TRUST

Funding your trust, or transferring your assets into its name, is the most important step to make sure your trust works as intended. A trust can only protect your assets and carry out your wishes if they are properly titled.

Each type of asset is added in a unique way, and it is important to follow the correct process for each one. In this video, our founder, Jim Burch, walks you through the trust funding process and covers the seven key types of assets that should go into your trust. He explains exactly how to fund each one, including:

  1. Real Estate

  2. Bank Accounts

  3. Brokerage Accounts

  4. Life Insurance

  5. Retirement Accounts

  6. Personal Property

  7. Business Assets

In this video, you’ll learn how to fund your trust properly and ensure it works as intended. For clients using our documents, detailed printed instructions are included in Section 2 of your completed binder.

Each asset may have unique financial or tax considerations, so you should consult a financial professional or tax advisor regarding your specific situation or if you have any questions. We always want you to get the best advice possible, and your tax specialist should know the details of your situation. The act of funding a trust is ultimately the responsibility of the trust owner.

Easy Legal Planning is not a law firm and does not provide legal services. The information provided in this video and on this website is for educational purposes only. Trust laws and procedures can vary by state, and some assets, such as retirement accounts, life insurance, and business interests, may have special considerations.