starEstate Planning

Trust Funding Services

The step most attorneys skip — and the reason most trusts fail. We retitle your land, accounts, and entities into your trust so it actually works when your family needs it.

A Trust That Isn’t Funded Is Just Expensive Paper

Here is one of the most common — and most costly — mistakes in estate planning: a family pays an attorney $3,000 to draft a beautiful Revocable Living Trust. The documents are signed, notarized, and placed in a drawer. Everyone feels good.

Then the patriarch dies. And the family discovers that the land is still titled in his personal name. The bank accounts are still in his name. The LLC membership interests were never transferred. The trust controls nothing, because nobody ever funded it.

The result? Full probate — the exact thing the trust was supposed to prevent.

At Midwest Ag Law, trust funding is not an add-on. It is a core part of every estate plan we build. We handle the deeds, the bank paperwork, the beneficiary designation changes, and the entity membership transfers. When we’re done, your trust actually controls your assets.

priority_highThe Critical Difference

Unfunded Trust Trust document exists but assets are still in your personal name. Result: full probate. Trust was pointless.
Funded Trust Land, accounts, and entities are retitled into the trust. Result: no probate, immediate succession, protected legacy.
Kole reviewing property deeds and county maps for trust funding

What Trust Funding Actually Involves

Trust funding is the process of changing legal ownership of your assets from your personal name to the name of your trust. For a farm family, this typically includes:

  • Recording new deeds for all farmland parcels
  • Updating bank account titles and beneficiary designations
  • Transferring LLC membership interests
  • Updating vehicle titles where applicable
  • Reassigning life insurance and retirement account beneficiaries

We handle all of this for you. Most clients don’t lift a finger beyond signing a few forms. The process typically takes 2-4 weeks after documents are signed.

The Midwest Ag Law Process

We don’t do hourly billing, and we don’t hand you a stack of paper and wish you luck. Our process is designed to be transparent, thorough, and completely finished when we’re done.

1

Asset Inventory

We compile a complete list of every asset that needs to be funded into the trust — every parcel, every account, every entity, every beneficiary designation.

2

Document Preparation

We prepare trustee deeds for every parcel of land, assignment documents for LLC interests, and retitling paperwork for bank accounts and financial institutions.

3

Recording & Filing

We record the deeds with the county register of deeds, submit paperwork to banks and financial institutions, and confirm every asset has been properly retitled.

Assets We Fund Into Your Trust

Every asset that should be in your trust — will be in your trust.

landscape

Farmland & Real Estate

We prepare and record new deeds transferring every parcel into the trust. This includes farmland in multiple counties and states.

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Bank Accounts & CDs

We coordinate with your bank to retitle checking, savings, and certificate accounts into the trust name.

business

LLCs & Business Entities

We amend operating agreements and transfer membership interests so your business entities are properly owned by the trust.

What Our Clients Say

Frequently Asked Questions

Why don’t most attorneys fund the trust?expand_more
Because it’s time-consuming, detail-oriented work that doesn’t generate additional hourly billing at the same rate as document drafting. Many firms sign the trust and hand you a sheet of instructions to “fund it yourself.” We don’t do that.
Will funding my trust affect my taxes?expand_more
No. A Revocable Living Trust uses your same Social Security number. There is no separate tax return, no gift tax, and no change in property tax treatment. From the IRS perspective, nothing changes while you’re alive.
What if I buy new land after the trust is funded?expand_more
Any new acquisitions need to be titled in the trust name at the time of purchase. We advise our clients on this and can prepare the necessary documents when new assets are acquired.
Can you fund a trust that was drafted by another attorney?expand_more
Yes. If you have an existing trust that was never funded, we can review it and handle the funding process. We do this regularly for clients who received a trust document but were never given the follow-through.

Make Sure Your Trust Actually Works

If you already have a trust, we can review it and confirm it’s properly funded. If it’s not, we’ll fix it. Schedule a free consultation.