Transferring assets into your revocable trust is a very simple process. A lot of people will forget to do it. On your real estate, you need to make up a new deed, which transfers the asset from your name or your and your spouse’s name into the name of your trust. Everything except your day-to-day checking account should be in the name of your trust. An exception in California is your car. It is relatively easy to change the title on your car if someone passes away. But if you don’t make these changes, those assets that are not in your trust will be potentially subject to a probate. This is something you do not want.
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