Asset Funding Wizard | Williams Legacy Group

Select Trust

Choose Assets

Asset Details

Review

Complete

Select Trust to Fund

Choose which trust you want to transfer assets into

Select Trust

Why Fund Your Trust?

Asset Protection: Assets in the trust are protected from personal creditors and lawsuits
Avoid Probate: Funded trust assets pass directly to beneficiaries without court involvement
Tax Benefits: Properly structured trusts can minimize estate and gift taxes
Privacy: Trust assets remain private, unlike probated assets which become public record

Select Asset Type

Choose the type of asset you want to transfer to your trust

Bank Accounts

Checking, Savings, CDs

Real Estate

Property, Land, Buildings

Investments

Stocks, Bonds, Mutual Funds

Vehicles

Cars, Boats, RVs

Business Interests

LLC, Partnership, Stock

Life Insurance

Policies, Annuities

Retirement Accounts

IRA, 401(k), Pension

Personal Property

Jewelry, Art, Collectibles

Enter Asset Details

Provide information about the asset you're transferring

How to Transfer Bank Accounts

Contact your bank to retitle the account in the trust's name
Provide a copy of the Certificate of Trust (we can generate this for you)
New account title format: "[Trust Name], [Trustee Name] as Trustee"
Update all automatic deposits and withdrawals to the new account

Account Information

Bank/Institution Name *

Account Type *

Account Number (Last 4 Digits) *

Approximate Balance *

Required Documents

Certificate of Trust

Trustee Identification

Trust EIN Confirmation (CP 575)

Bank's Trust Account Application

How to Transfer Real Estate

Execute and record a deed transferring property to the trust
Notify your mortgage company (most allow trust transfers without triggering due-on-sale)
Update homeowner's insurance to show trust as insured
Record the deed with your county recorder's office

Property Information

Property Address *

City *

State *

ZIP Code *

Property Type *

Estimated Value *

Has Mortgage?

Mortgage Balance

Required Documents

Quitclaim or Grant Deed to Trust

Preliminary Change of Ownership Report

Current Property Tax Statement

Updated Insurance Declaration

How to Transfer Investment Accounts

Contact your brokerage to open a trust account or retitle existing account
Provide Certificate of Trust and trustee identification
Non-retirement accounts can be transferred; IRAs require special handling
Review cost basis information before transfer

Investment Account Information

Brokerage/Institution *

Account Type *

Account Number (Last 4) *

Approximate Value *

Required Documents

Certificate of Trust

Trustee Identification

Trust EIN Documentation

Account Transfer Form

How to Transfer Vehicles

Complete title transfer at your state DMV
New title will show: "[Trust Name], [Trustee] as Trustee"
Update auto insurance to reflect trust ownership
Note: Some states don't allow trust vehicle titles; consult local DMV

Vehicle Information

Vehicle Type *

Year *

Make *

Model *

VIN *

Estimated Value *

Required Documents

Current Vehicle Title

Certificate of Trust

DMV Title Transfer Application

Updated Insurance Card

How to Transfer Business Interests

Review operating agreement or bylaws for transfer restrictions
Execute assignment of membership interest or stock transfer
Update company records to reflect trust as owner
Consider valuation for gift/estate tax purposes

Business Information

Business Name *

Entity Type *

Ownership Percentage *

Estimated Value *

State of Formation

EIN (if applicable)

Required Documents

Operating Agreement/Bylaws

Assignment of Interest Document

Certificate of Trust

Business Valuation (if available)

How to Transfer Life Insurance

Contact insurance company to change ownership and/or beneficiary
Irrevocable Life Insurance Trust (ILIT) can exclude policy from estate
Changing ownership may have gift tax implications
Review "three-year rule" for estate tax purposes

Policy Information

Insurance Company *

Policy Type *

Policy Number *

Death Benefit *

Cash Value (if applicable)

Transfer Type *

Required Documents

Change of Ownership Form

Beneficiary Designation Form

Certificate of Trust

Current Policy Declaration Page

Important: Retirement Account Rules

Cannot transfer ownership: IRAs and 401(k)s cannot be owned by a trust during your lifetime
Beneficiary designation only: You can name the trust as beneficiary
Tax implications: Trusts may have less favorable tax treatment than individuals
Consult with a tax advisor before naming trust as beneficiary

Retirement Account Information

Institution *

Account Type *

Account Number (Last 4) *

Approximate Balance *

Required Documents

Beneficiary Designation Form

Certificate of Trust

Current Beneficiary Designation (for reference)

How to Transfer Personal Property

Execute an Assignment of Personal Property to the trust
Create detailed inventory with descriptions and values
Photograph valuable items for documentation
Consider professional appraisal for high-value items

Personal Property Information

Item Category *

Estimated Value *

Item Description *

Has Appraisal?

Storage Location

Required Documents

Assignment of Personal Property

Inventory List with Photos

Appraisal Documents (if available)

Insurance Rider (for valuable items)

Review & Confirm

Review the assets you're transferring to your trust

Funding Progress 0%

Add More Assets?

You can add additional assets to this funding request, or proceed to submit.

Funding Request Submitted!

Your asset funding request has been submitted. We'll generate the necessary transfer documents and guide you through the completion process.

Assets Added

Total Value

Next Steps

Download Transfer Documents

We'll generate customized documents for each asset type

Contact Financial Institutions

Reach out to each institution with the transfer documents

Complete Transfers

Follow each institution's process to finalize transfers

Update Records

Mark assets as funded in your dashboard for tracking

Generate Documents Back to Dashboard