FUNDING A TRUST: WHAT IT MEANS AND WHY IT MATTERS
One of the most dangerous mistakes in estate planning is creating a trust but never "funding" it. Think of your trust like a backpack designed to carry your assets. If you don't actually put the assets inside the backpack, it can’t protect them.
WHAT IS FUNDING?
Funding is the process of transferring ownership of your assets (like bank accounts or real estate) into the name of your trust. Without this step, your trust is just an empty container—and your assets may still be forced through the expensive, public probate process.
WHY IT MATTERS:
Avoid Probate: Only assets owned by the trust bypass the court.
Control: Ensures your specific instructions are followed for every account.
Efficiency: Makes the transition seamless for your loved ones.
“Between initial contact, management of the estate process, and funding our trust, it was the right decision to work with the team at Linville Estate Law.” – Brian
DON'T WASTE YOUR PLAN
A trust only works if it's funded. Let us help you ensure yours is airtight.
Call us today to schedule your FREE discovery call!
