Event Description

Creating a trust is only half the equation. Without proper funding, even the most carefully drafted trust document may fail to achieve its intended goals—leaving assets exposed to probate, creditors, family disputes or unintended disposition. 

This course provides a practical guide to funding revocable and irrevocable trusts, covering the mechanics of retitling property, common pitfalls that derail estate plans, and best practices for ensuring that a trust actually functions as designed.

Designed For

This course is designed for professionals who assist clients with trust creation, CPAs and financial 
advisors involved in wealth transfer planning, paralegals responsible for post-execution trust 
administration, and any other professionals who counsel clients on asset protection or probate 
avoidance. The material is relevant whether you are drafting trusts, administering them, or advising 
clients on maintaining existing estate plans.

Objectives

• Distinguish between revocable and irrevocable trusts and explain the key considerations involved in establishing and funding each type of trust.
• Determine the appropriate methods for titling and transferring various asset classes into a trust to support the client’s estate planning objectives.
• Evaluate the advantages and potential drawbacks of holding assets in a trust, including implications for probate avoidance, asset protection, and estate administration
• Identify common trust funding errors and implement best practices to help ensure trust assets are properly transferred, maintained, and aligned with the intended estate plan.