Many people are under the assumption that once their trusts are executed, they do not worry about transferring their assets to the trust. But if your trust is not funded, will it achieve its purpose? NO! Funding means transferring your assets to your trust.
Does your estate plan ensure your assets go to your intended beneficiaries and help them avoid the probate process? Consider the points below: 1. If you die before establishing a proper trust, your beneficiaries may spend thousands of dollars and years in probate court to receive your assets.