Congratulations! Your estate plan is signed, but is it funded?
Think of your trust as a safe: as you do with a safe, you fill a trust with things you want your loved ones to be in control of and protected from prying eyes, e.g., real estate, retirement accounts, and bank accounts.
Much like an empty safe, your trust is useless if assets aren't put into the name of the trust. And for many people, their house is their biggest asset that should be put into the trust in order to protect it from probate (the public court process that divvies up people's assets if they don't have an estate plan).
To put your house in the name of your trust, you'll need to re-title its deed with the name of the trust. Even if you have a new deed prepared, you still have to go to the county assessor's office to record it, which is a PITA and like going to the DMV. You could have your deeds filed via an estate attorney, but even that takes time and creates more procrastination!
With Encore's standalone deed filing service, we’re making it easier than ever to overcome procrastination and ensure existing estate plans are properly funded. If you already have the safe (your living trust), Encore can help you put the appropriate things inside (your house).
For $300, Encore will:
1) Pull the last recorded deed
2) Prepare the deed
3) Prepare all state- and county-specific documents
We also make sure correct notary acknowledgement for each state and county’s deed.