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WHAT IS FUNDING A TRUST?

To fund a Trust is to place assets into that Trust. This is a step that needs to take place with assets after the Trust is drafted, and it causes the terms of the Trust to take effect upon a given asset. If you do not fund the Trust, then the terms you have drafted will not take effect upon the assets you have chosen for that Trust. It is therefore important to follow up and fund your Trust with the appropriate assets and the terms of the Trust in mind, according to your strategy and intentions.

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