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FAQ:
What happens if my trust is
not funded?
The single greatest mistake people make when using a living
trust is failing to initially fund them or keep them funded
as time goes on. The trustee and successor trustees can only
control assets titled in the name of the trust. If assets
are not in the trust at the time of death or disability, the
trust will not effectively pass control of the assets to the
person or persons that you have designated in the trust. This
means that assets might go through probate at your death and
could end up in the hands of the wrong people. A pour-over
will can provide a “safety net” for your living
trust, but we recommend full and continuous funding of your
living trust.
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