Funding one's trust is the process of transferring the ownership of property from their personal name to the name of the trustee of their trust. For many people, one of the primary objectives in their estate plan is the avoidance of a court probate process. Unfornately many, if not most, estate plans do not avoid probate because the trust is not funded at all or only partially funded. The video underscores the critical importance of funding one's trust so that the trust will work for their family when they have passed away by, among other things, avoiding the probate process.
Estate Planning Attorney