The trust agreement itself establishes the trust and provides the terms for its administration, but until you take the steps to transfer your assets to the trust, your trust does not hold any assets.
The Perfect Valentine's Day Gift
When you think of shopping for your Valentine, a visit to an attorney’s office is probably not what you have in mind. An attorney’s business card falling out of a specially chosen Hallmark card does not exactly scream romance on a holiday where flowers, chocolate, and jewelry have become the norm! However, creating an estate plan for your loved ones is one of the greatest gifts that you can give.