Funding a trust: Why It's Essential

Funding a Trust: Why It’s Essential, Its Process and Consequences

Funding your trust is a task that you are required to complete after you have created a trust, more preferably a revocable living trust. Just creating a trust doesn’t change the ownership status of your assets and thus doesn’t guarantee the protection of your assets from creditors or from results of unexpected events (your death or incapacity) like probate or conservatorship.

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