A critical aspect of your estate plan working properly is what is commonly referred to as “Trust Funding” or “Alignment of Assets”. This involves ensuring that (1) title to certain assets are changed into your name(s) as Trustee(s) of your Trust and (2) the beneficiary designations of other assets are updated to reflect your current wishes and plan.
Many clients choose to be primarily responsible for this critical aspect, while receiving support from us. Others choose to have us more involved for a modest additional fee. Some choose to have us be fully responsible for the proper alignment of their assets with their plan. In any event, our goal is to have this aspect completed within 90 days of your Plan Signing Meeting. Usually, the alignment of assets process begins immediately following the Plan Design Meeting upon you hiring us.