Trust funding can be confusing and it’s a process that must be maintained for a trust to work. Successful funding is the difference between an estate plan that looks good on paper and one that actually does what it’s supposed to do when it really matters.
Estate planning isn’t just planning for what happens after you die; it’s also about planning for life. Who can make important decisions for you if you’re away or if you can’t make those decisions for yourself anymore? Who is going to take care of the kids if you can’t?