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Is there any kind of trust you do not have to 'fund?'

christine
14 years ago

My gf and I were discussing our wills/trust situations. She has a trust as she has far more sizeable assets than we do. We are in the process of setting things up and our lawyer mentioned the most important part of a trust is funding it, meaning putting the assets in the name of the fund. My gf says she has never done this and she has the 'type of trust you don't need to do that for,' yet she doesn't know the term for the kind of trust she has.

Is there any kind of trust you do not have to fund? If so, what is the name of that kind of trust?

I mostly want to know if I need to urge her to discuss this further with her lawyer because I love her dearly and would hate for her wishes not to be able to be followed if she missed an important thing like this.

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