Our clients understand the importance of estate planning. In this time of COVID-19, many people are also feeling a sense of urgency. It is important to remember, though, that the plan is only the beginning. A surprising number of our clients discover, after the death of a family member, that an asset that should have been transferred to the trust was not. Sometimes this means that, even though a trust was established to avoid probate, we have to do a probate. In this episode, we give you the information you need to avoid this common mistake. We discuss trust funding: which assets to fund; how to fund each kind of asset; and how you can tell if your trust has been correctly funded.
