Get Legal Help Today: 888-627-4042
${}${SEMFirmNameAlt} 888-627-4042

How Do I Fund My Trust?


As we mention on our website, probate can be a time consuming and expensive process in Texas. Probate is also a public proceeding. With strategic estate planning, you can avoid this, and your beneficiaries will receive distributions and asset transfers directly after your passing. This goal can be accomplished using non-probate assets, such as beneficiary designations on back accounts, as well as trusts.

A common error we encounter with our estate planning clients concerns trusts, both revocable and irrevocable. Although trust documentation may specifically describe the beneficiaries, how the trustee should administer the trust and how it should be funded, this paperwork is meaningless unless the trust is actually funded, with assets transferred into the trust. This means that assets should be retitled in the name of the trust.


Coordinating Your Will and Trust(s)

In a comprehensive estate plan, your last will and testament works together with your other estate instruments, such as trusts. For example, a “pour over” provision in your will can safeguard against any overlooked assets that you forgot to transfer into your trust. Since instructions in a will generally must be approved by a probate court, this pour-over will similarly require probate. However, the process will be much more streamlined.

We have the experience to design and keep current an estate plan that reflects your needs and values. We understand the various options that trusts allow, such as beneficiary trusts to protect assets from creditors or special needs trusts designed to care for a disabled family member.

Source: Forbes, “7 Big Estate Planning Mistakes - Not Avoiding Probate,” Bob Carlson, Feb. 26, 2018

No Comments

Leave a comment
Comment Information
Email Us For A Response
Schedule An

Attorney Consultation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

1117 FM 359 Road
Suite 200
Richmond, TX 77406

Toll Free: 888-627-4042
Fax: 281-762-6872
Richmond Law Office Map

Fredericksburg Office
701 South Adams
Fredericksburg, Texas 78624

Toll Free: 888-627-4042
Fax: 281-762-6872
Map & Directions

Richmond Office: