Funding a Trust | How to Fund a Living Trust

Table of Contents

The Role of Funding

Titling Property in a Living Trust

How to Title Property
Naming of Trust
Creating a Property Schedule

Giving Copies of the Trust Instrument to Others

Employer Identification Numbers (EINs)

Real Property Located in the State of Domicil
Warranty Deed vs. Quitclaim Deed
Title Insurance
Due-On-Sale-Clauses
Refinancing
Real Property Located in other States
Other Situations Involving Real Property
Homesteads
Property Tax Exemptions

Transferring Tangible Personal Property to a Living Trust

Automobiles or other Vehicles
Boats
Airplanes
Other Tangible Personal Property

Bank Accounts
U.S. Savings Bonds
U.S. Treasury Bills
Investment Accounts
Publicly Traded Stocks and Bonds
Notes, Mortgages and other IOUs

| More...