Living trust - Estate Planning - Revocable living trust - Void Probate - living trust documents - Legal forms
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New York Living trust - "FUNDING" THE TRUST.
For a Living Trust to take effect, title to the grantor's assets must be transferred into the trust. For example, title to any bank accounts, stock certificates or real estate owned by the grantor must be transferred into the trust. Contrary to the impression created by many Living Trust salespeople, the grantor must take affirmative steps to transfer assets and fund the trust. Merely executing the Living Trust itself will not cause the trust to become funded.
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Return to all Living Trust legal information
Legal Articles about Living Trust
Living Trust Frequently Asked Questions
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