Common Assets Checklist
What's On the Checklist?
Funding your trust means making sure your assets are titled the right way.
In most cases, that involves transferring ownership from your name into the name of your trust. Below is a list of common assets that may need to be retitled.
BANK ACCOUNTS
- Savings
- Checking
- Certificate of Deposit
- Safe Deposit Box
EDUCATION SAVINGS ACCOUNT
- 529’s
- UTMA
- UGMA
RETIREMENT ACCOUNTS
- 401K
- IRA
- ROTH IRA
- ANNUITIES
- PENSIONS AND PROFIT SHARING
BUSINESS
- Closely Held Stock
- General Partnership Interest
- Patent or Trademark
- Professional Corporation
- Limited Liability Company
- Limited Partnership Interest
- Royalties
- Sole Proprietorship
REAL ESTATE
- Real Property
- Burial Plot
- Mineral Rights
- Timeshare
- Promissory Note – Secured by a Deed of Trust
BROKERAGE ACCOUNTS
- Mutual Funds
- Annuities
HEALTH SAVINGS ACCOUNT
- HSA
- FSA
OTHER
- Aircraft
- Government Securities
- Judgement
- Life Insurance Policy
- Personal Property
- Promissory note
- Safe Deposit Box – Unsecured
- Automobiles, Boats, Recreational Vehicles