Funding a Trust | How to Fund a Living Trust
Table of Contents
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Introduction to Funding a Living Trust
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The Role of Funding
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The Role of Funding
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Establishing a Funding Plan
- The Trust Instrument
- The Durable Power of Attorney
- General Considerations in Funding a Trust
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Titling Property in a Living Trust
- How to Title Property
- Naming the Trust
- Creating a Property Schedule
- Giving Copies of the Trust Instrument to Others
- Employer Identification Numbers (EINs)
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Transferring Real Property to a Living Trust
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Real Property Located in the State of Domicile
- Warranty Deed vs. Quitclaim Deed
- Title Insurance
- Due-On-Sale Clauses
- Refinances
- Real Property located in other States
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Other situations involving Real Property
- Homesteads
- Property tax exemptions
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Real Property Located in the State of Domicile
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Transferring Tangible Personal Property to a Living Trust
- Automobiles and other vehicles
- Boats
- Airplanes
- Other Tangible Personal Property
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Transferring Intangible Property to a Living Trust
- Bank Accounts
- U.S. Savings Bonds
- U.S. Treasury Bills
- Investment Accounts
- Publicly-Traded Stocks and Bonds
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Notes, Mortgages and other IOUs
- Promissory Notes
- Mortgages
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Last Updated on Saturday, 13 August 2011 20:11
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