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What is an Assignment to a trust?

General assignment of assets to a trust is a legal process in which an individual transfers ownership of their property to a trust they have established.

Should a living trust be recorded?

In California, living trusts are not required to be recorded, nor is it recommended. Living trusts are private documents that do not need to be recorded to be valid.

What is the biggest mistake parents make when setting up a trust fund?

Your family wont have to deal with the Probate process and can access their assets immediately. They are more costly and take more time to get set up correctly. Trusts dont become public record, so you can maintain privacy about how your estate was split.

Do I have to register my trust in Washington state?

The trustee must register the trust by filing with the clerk of the court in any county where venue lies for the trust under RCW 11.96A.

How do I transfer property into a trust in Washington state?

To transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.

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