Third, and most important, know what must be done after you have signed your trust
November 4th, 2008Third, and most important, know what must be done after you have signed your trust. Many trusts include one page that assigns all property without a title (e.g., silverware, jewelry, and art) to your trust. This page does not cover assets that have a title, such as houses, vehicles, and bank accounts. These assets must be re-titled in to the name of your trust. Often, people forget and/or procrastinate this important step regarding transferring (funding) their most valuable assets, which then remain subject to probate.
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