Living Trust

“Tuesday with Tom” – Living Trust Part 2 – Funding Your Trust

Please enjoy and share this episode of our weekly Internet radio program.

Now that you know what a Living Trust is and how it might fit into your estate plan, Tom will talk about the importance of funding your Trust.

If you have a comment about our program, a topic that you would like to have Tom discuss, questions that you would  like to have answered, Michigan places or events that you think Tom should visit or talk about, send Tom and email: Tom@DoyleLawPC.com.

 

 

Only the property that is placed in your Trust will be controlled by the Trust

Think of a Trust as a box sitting on your table. The only property that will be controlled by the Trust is what has been put inside the box. This is often called “funding” your trust.

Stuff is put in the box either by putting in the box now (i.e. changing titles) or having it added when you die (i.e. making the trust a beneficiary).