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What does “funding” your Living Trust mean?

When you create a Living Trust, there are two (2) steps that you need to go through. The first is to write and sign the Living Trust document. The second step is to transfer ownership of your asset(s) to your Trust by changing title to the asset(s). This second step is called “funding” and it is how the assets will eventually avoid probate.

It’s important to understand that failure to fund your Living Trust will result in those non-trust assets to go through probate.

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"You will not be disappointed" John M.R. - Harrison, NY
"You will not be disappointed"
John M.R. - Harrison, NY