Creating your Revocable Trust is the first step to protecting you and your family; however, not all assets can or should be owned by your revocable trust. This episode address how to pass those assets to your loved ones while still avoiding the probate process.
I chose this topic so that listeners can use this episode as a guide when funding their trust, and to help those considering a revocable trust get comfortable with the idea. Once done, your everyday financial life does not change, and you have peace of mind that your wishes will be carried out as intended.
I have loads of resources on my website, including on-demand webinars on various topics geared to help you and your loved ones, both during your life and after death.
What You Need to Know About Funding Your Trust
1. Assets that should be titled to the trust
2. All about the certificate of trust
3. How to place assets under your Trust umbrella (title assets to your trust) (a) Cash Equivalent assets (b) Securities (c) Real Property (d) Tangible Personal Property (e) Business Interests (f) Vehicles
4. IRAs/401ks and other Qualified Plans
5. Maintaining your Trust, once funded
6. Life Insurance
Links and Resources
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