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Estate Planning >> Trusts & Living Trusts >> Funding Revocable Living Trusts

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Discussion: Funding Revocable Living Trusts-
#54, posted 17 Oct 2021 12:26 pm13 words
Leon2 (Offline)

Joined 17 Oct 2021 12:17 pm

1 post

How would one fund personal items for which purchase receipts are not available?

#55, posted 17 Oct 2021 7:59 pm, in reply to #5497 words
Customer Support (Offline)

Joined 26 Jan 2022 1:01 pm

144 posts

9.6/10 Rating
Dear Leon2,

We understand that you want to transfer personal (tangible) property to your living trust. If so, why do you need receipts for these items?

In your Living trust you only list the items you want to convey to the trust and state that you transfer all of your rights, title and interest in such property to the trust.
Of course, you have to be the legal owner of transferred chattel, and it must be free from claims or liens.

We would help you better if you provide us with more information.

Best regards,
Customer Support


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