It is not necessary to fund a living trust as it is self-supportive.

Name: It is not necessary to fund a living trust as it is self-supportive.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In order for a living trust to have any assets, they must be transferred into the trust. This process is known as funding the trust. Without funding, the trust is essentially an empty vessel with no assets to manage or distribute.

It Is Not Necessary to Fund a Living Trust as It