When using trusts in estate planning, a key element includes transferring the trustmaker’s real estate into the trust by recording a real estate deed with the local recording authority. This step is crucial for ensuring that the trustee has the authority to manage and ultimately sell or transfer the property should the trustmaker become incapacitated […]
Working with an attorney to draft a trust agreement for estate planning purposes is an important step. But just getting the document drafted and signed is not enough. For any trust to be effective, you must complete the process of trust funding as soon as you can. But what exactly is funding? A common way […]
For many people, a revocable living trust is a valuable tool to ensure that their finances are well managed during periods of incapacity and that their loved ones are financially secure upon their passing. Signing the trust agreement doesn’t end the estate planning process, but you also need the trust to be funded in order […]
