Understanding Funding Your Living Trust
Why and How to Transfer Your Assets To Your Revocable Living Trust
20. Funding Your Living Trust (Summary)
Assets You Probably Want in Your Living
Trust
• Real property (home, land, other real
estate)*
• Bank/credit union accounts, safe deposit
boxes
• Investments (CDs, stocks, mutual funds,
etc.)
• Notes payable (money owed to you)
• Life insurance (or use irrevocable
trust)
• Business interests, intellectual
property
• Oil and gas interests, foreign assets
• Personal untitled property
Assets You May Not Want in Your Living
Trust
• IRA and other tax-deferred retirement
accounts
• Incentive stock options and Section 1244 stock
• Interests in professional corporations
* Funding real estate into a living trust is state specific and may not apply in all states.