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Financial Account Transfer to Living Trust District of Columbia Form

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Financial Account Transfer to Living Trust District of Columbia Form

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by the end of today's video you'll have a better idea on how to put your bank account into your revocable living trust for the best estate planning probate and trust administration videos subscribe to our channel and hit the like button the one like this and the bell so you'll get notified every time we post a new video today we're going to talk about transferring bank accounts into your revocable living trust in the past i've talked about what it means to fund a trust basically it means changing the ownership of an asset from your personal name into the name of your revocable living trust to really benefit from your revocable living trust centered estate plan and for it to be effective a trust must be properly funded we've had to probate estates for people that had a revocable living trust but forgot to put their bank accounts into your into their trust believe me it happens the penalty for that is the cost to the estate is thousands of

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