Do You Trust Your Trust Documents?

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend reading analyzing trust documents Weekend reading analyzing trust documents

Weekend Reading

Trusts are powerful tools for managing assets and ensuring a smooth transfer of wealth, but they’re only effective if properly funded.

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Many people overlook this crucial step after signing the legal documents.

📌 Verify Account Titles: Confirm that all your accounts, including investments and real estate, are titled in the name of your trust

📌 Double-check Online Assets: Don’t overlook online accounts or digital assets like cryptocurrency – they need to be included too

📌 Consult Your Attorney: Seek professional guidance if you’re unsure about how to title specific assets like vehicles or if you have questions about the best approach for your situation

Why It Matters: Properly funding your trust ensures your wishes are carried out, protecting your assets and simplifying the process for your loved ones after you're gone.