If you’re planning to create a revocable living trust, you will need to make sure that you understand how the trust works and what assets you can fund into your trust. Funding is essential for an estate plan to work. Take a look at the following information, to better understand what assets can be included in your revocable living trust. If you have any questions about trust funding, or if you’d like to create a revocable living trust, contact an estate planning attorney. You fund your bank … [Read more...] about What Assets Can I Fund Into My Revocable Living Trust
Proper Asset Ownership
Updating Your Estate Plan: How Do I Update Beneficiary Designations?
As you go throughout life, you will need to make periodic updates to your estate plan. This not only includes taking the time to review and update your estate planning documents, but it also includes updating your beneficiary designations as well. Updates should be made to ensure that your assets go to the right people. Take a look at the following information to better understand the need for updates and how to go about updating your wishes. Do you have any of the following assets? Life … [Read more...] about Updating Your Estate Plan: How Do I Update Beneficiary Designations?