Putting Property in Your Living Trust (Trust Funding)
The process of putting your property into your Living Trust is called “funding” The process of putting your property into your Living Trust is called “funding”. To be vaild, a Trust must be funded. If your Trust is not funded, it is invalid. If you become incapacitated or die before you transfer property to the Trust, your heirs (family) will need to go to Probate Court to have a Judge determine if the Trust is valid. You can avoid this mess if you fund your trust.Learn about trust funding by listening to this blog post radio show or visit GQ Law for a free...
Read More4 Ways Your Trust Can Become Unfunded or Invalidated
With Attorney Gary Quackenbush on WOW (Word on Wealth – www.KPRZ.com – 1210AM radio in San Diego, CA) today we covered: 4 Ways Your Trust Can become Unfunded or Invalidated Post death funding of a Trust If the property (house, bank account, car, etc.) is not in the Trust when the Trust creator dies, you’ve got a big mess on your hands. You will probably be required to go to Probate court and have a judge transfer it to the trust. The process is very slow and expensive. If your property is not in your trust when you die, the Trust could become unfunded or invalidated. How...
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