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After creating a revocable living trust, the next step is transferring assets into it, specifically through a trust transfer deed for real estate. Daniel Hunt, a certified estate planning specialist, explains that a trust transfer deed is a legal instrument used to transfer the title of real estate from an individual to a trust. This deed is essential in two scenarios: firstly, when initially setting up a trust to prevent probate after death, and secondly, if a property is removed from the trust, as often required by refinancing companies. This video provides an overview of the trust transfer deed, its necessity, and the process for creating one.