With Revocable Living Trusts, it isn’t enough to just create the trust. You also have to take action to “fund” your trust by ensuring the trust owns the assets you want it to control. When we create these trusts for our clients, we handle funding it for them at the time we sign the trust documents. But if you acquire future assets, especially real estate, you will want to ensure that the trust owns that assets as well.
Here at DAL Law Firm, when we prepare your Revocable Living Trust, we don’t just prepare your estate planning documents. We prepare an estate planning binder for you with a lot of helpful information for you and your loved ones. It includes not only your estate planning documents, but also instructions of what to do when someone passes, who to contact, important contact information, along with forms for you to fill out regarding your finances and online accounts. We put together a comprehensive binder for you, and it is one of the best gifts you can leave for your loved ones.
If you’re in Washington State and have questions about an estate plan, give our office a call at (206) 408-8158.
– Learn the top 3 reasons our clients want a Revocable Living Trust: https://youtu.be/rcvR6O7JCNU
– Do you need a Power of Attorney?: https://youtu.be/dKYRBzMfdD8
– When is it time to update your will?: https://youtu.be/BpOtYhgdGBk
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