After creating a Trust, we will help you to fund your Trust by identifying assts that you desire to make a part of the Trust. Funding a Trust is critically important because a Trust only applies to those assets inside the Trust. Additionally, one of the important lifetime benefits is realized if you become disabled. If that happens, for jointly held securities or real estate, at least one-half of the value of the joint property would be “frozen,” and a sale would not be allowed until the probate court appointed a guardian or conservator for you. But, if you had this property placed in a living trust, no court action would be necessary, and your property would be immediately accessible by the trustee to provide for your care and treatment.
|