Creating a trust is an excellent way to make sure wishes for your assets and funds are carried out smoothly. I will make sure your beneficiaries receive the property according to your instructions in the trust.
Trust administration is especially important if the trust includes specific instructions on how and when the trust funds are distributed. For example, you might wish to create a trust for a minor child or a mentally disabled adult to ensure the money or property is used in their best interest. Typically, a deceased person's estate goes through the Probate process before being distributed. A trust, if properly drafted and funded, allows the direct transfer of property outside of your estate to your beneficiary. You can set up a wide variety of trusts to move property during your life or upon your death.
You can fund your trust with all types of property, including but not limited to: