If you are planning to make a living trust part of your estate plan, you probably know establishing and funding a living trust is a process that involves many complicated details. If you execute a living trust but fail to add certain assets or leave out important provisions, your living trust may not accomplish what you intend. You may spend several hundred dollars, and in some cases several thousand dollars, on the preparation of your living trust.
Pennyborn's Living Trust Checklist is a free estate planning form designed for individuals who need help making a living trust. Before you begin the process, use the Living Trust Checklist to ensure you have a thorough understanding of what is involved, including things such as an abstract or certification of trust and trust transfer deeds. This form provides a detailed list of actions you will need to take to create and fund a living trust. It will also help you stay organized as you go through the process of making your living trust by providing a place for you to track the status of each action item and insert important deadlines. Download the form using the PDF icon below and print as many copies as you need.
If you own stocks, bonds or other securities in a brokerage account and have established a revocable living trust, you may want to transfer title to these assets to your trust. This can be done by opening a trust account and transferring the securities to the trust account. For information on how to open this type of account and the items you will need, see how to open a trust account.
Making a Living Trust
For more information about establishing a trust as part of your estate plan, see our free Guide to Living Trusts.
