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Trust Funding in Michigan

You’ve finished signing that GIGANTIC stack of paperwork otherwise known as your estate plan. Inside of that estate plan, you’ve created a trust. A trust is a fantastic tool, but if it isn’t funded, it’s barely worth the paper it’s printed on. It’s like buying a new car, but not putting any gas in it! Great to look at and talk about, but it isn’t going to get you very far!

So, what does funding a trust mean?

Funding your trust is the process of transferring your assets from your name (joint ownership, an old trust name, etc.) into the name of your newly established trust. This can be a very long and tedious process filled with pages and pages of forms. Banks, Insurance Companies, Investment advisors and even the US Treasury Department have different rules and forms that need to be completed in order to fully fund your trust.

At Carrier Law, we retitle your assets FOR YOU so you don’t have to deal with all the financial institution drama. Other law firms give you the “big scary memo” telling you to fund your trust or else, we do it FOR YOU! Our clients do not leave our office until we know we have fully funded their trust and it will work the way that it was designed to, the way YOU designed it to.

Fully funding your trust is the only way to make sure that you avoid probate and that your assets go to exactly who you intended them to go to.

Not sure that your trust is fully funded?

Call the Carrier Law Trust Funding Center for your free Asset Review, today!

(616) 361-8255

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