D
DolphinVJ
Guest
I live in California. I am a little confused as to what should be retitled to the name of Living Trust and what should not. I have 403(b), employer funded retirement accounts, and my personal non-retirement investments. I also have 2 automobiles. As far as my Living Trust document is concerned it does cover "securities" and "automobiles". Is it okay to retitle the automobiles into the Trust's name - I have heard varying opinions. If not, what is the reason. As for the retirement and non-retirement investment accounts I have been told to choose my "Living Trust" as the beneficiary so that these accounts will flow to the Living Trust upon death. Is this correct? If not, how should I retitle? Would these accounts be subject to probate if over certain $ amount? Thanks for your help.