In order to properly fund your living trust, you need to retitle your assets into the name of the trust. That involves deeds, with respect to real property. It involves instructing your bank to change the names on the account to your trust. It involves the other financial institutions where you might have your stocks or bonds, having them retitle the account into the name of the trust. And it involves making sure your investments are all changed into the name of the trust.
Iâm Jeff Matsen and Iâm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect, and transfer their legacy to the next generation in the most cost saving and efficient manner possible.
