Tag Archives: transfer property

How Do I Get Funds into a Trust?

When you put assets into a trust, you are “funding” the trust. The trustee will actually own the asset on behalf of the trust once the asset is placed into the trust. When using deeds and other documentation to transfer funds and property into the trust, the document should specify that the property is going to the trustee in their capacity as a trustee. For example, a deed should read: “John Smith, Trustee of the Sample Trust, dated June 15, 2013,” not just “John Smith.” The date is the date that is on the trust agreement that initially created the…