Ask Terry Questions funding your TRUST

funding your TRUST

By Terry Savage on July 25, 2024 | Financial Planning / Retirement

should CDS and bonds have your TRUST named as Beneficiary?

Terry Says

No.  You should open financial accounts such as CDs, brokerage, etc in the NAME OF YOUR TRUST!!  And you should change the title to your real estate to the name of your trust.

But you should name individual beneficiaries for all IRA accounts,  since they can stretch out withdrawals from those accounts.

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