How Do You Fund a Trust?

Before a trust can have any practical effect, it must be funded. That means you have to transfer your assets into the trust’s name or designate the trust as the beneficiary to receive assets when you pass away. Because a trust is a separate legal entity, you will need to execute deeds, assignments, and other paperwork with your financial institutions to properly fund your trust. At Harrison Estate Law, we provide step by step instructions to help you through this process.