Additional funding of existing trust

[gciliberti]

What is the name of your state (only U.S. law)? Florida
I have a family trust with all assets contained except for my car and a condo.
Will my "pour over Will" automatically add those items to the trust when I die?
Thank youWhat is the name of your state (only U.S. law)?

 

[curb1]

I guess a reasonable question is, "Why don't you re-title the car and condo into the Trust?". It is not very difficult and would be the right thing to do.

 

[FlyingRon]

If you will pours over the remaining assets into the trust, sure. But it will have to be probated just as any other non-trust asset. Why not put them in the trust now?

 

[TrustUser]

personally, i dont like the idea of cars in trust. they are moving liabilities.

if your state has the ability on its registration to have a beneficiary for the car, i would do that, first.

also, what is the limit for probate in your state ? many states have an amount you can give without getting involved with probate.

but certainly the condo and all real estate should be titled in the trust.