Law Office of Abraham Apraku

Fully Fund Your Living Trust Create a fully funded living trust. A revocable living trust is a simple estate planning tool that allows you to deed your house and other assets to your trust. Your bank accounts and investment accounts should be held in the name of your trust. You will want to transfer most, if not all, of your assets to your trust. Some assets such as retirement accounts, may be better handled by designating a pay-on-death beneficiary. We can help make sure you do this right, Legal Zoom will not!

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The best part about a trust is that you get to control where your things go and your loved ones will receive them without going to probate court, saving everyone a lot of time and money. Also, if you have doubts about your children’s ability to use your money wisely, you can dictate under what circumstances your children can use your money. For example, you can say that your son can take out money from your trust only to pay for his education and living expenses. With a trust, you can control how your money is spent even after you’ve left this world by leaving these specific instructions for your family to follow. Give us a call to learn more.