Easy How to Fund Your Living Trust Step by Step
In this video, Michelle Reese Johnson from AmeriEstate Legal Plan congratulates viewers on setting up their estate plan. She emphasizes the importance of funding their living trust by transferring real estate into it. Michelle explains the process for handling deeds and highlights the importance of addressing financial accounts, including both qualified and non-qualified assets. She also touches on other assets, such as vehicles, boats, and businesses. Michelle provides guidance on organizing and securing important documents within the trust book. Viewers are encouraged to take the necessary steps to ensure all assets are properly included in their estate plan.
Protect Your Property: Ensure Trust Listed on Home Insurance Policy
In this video, Michelle Reese Johnson discusses the importance of updating your homeowner's insurance policy after transferring your property to a living trust. She highlights the risks of not having your trust listed on the policy, which could lead to claim denials in case of disasters like wildfires. Michelle urges viewers to contact their insurance provider promptly and offers assistance in providing necessary trust documents. Ensuring your trust is added as an additional insured can prevent claim delays or denials during emergencies. Stay safe and proactive by taking this critical step to protect your property.
