About Trust Funding
Trust funding is foundational to a trust plan that works. Trust funding is the process of transferring assets to the trust's control. This involves retitling an asset's legal title or changing its beneficiary designation, depending on the type of assets being transferred and the client's estate planning goals. It can complicated to complete and requires expertise in knowing how to make the transfers accurately. When you don't fund assets properly, the trust plan rarely accomplishes client's goals or works as it was intended.