{"id":8014,"date":"2019-08-08T11:20:22","date_gmt":"2019-08-08T18:20:22","guid":{"rendered":"https:\/\/www.racinelaw.net\/blog\/?p=8014"},"modified":"2019-08-01T11:23:01","modified_gmt":"2019-08-01T18:23:01","slug":"is-your-trust-funded","status":"publish","type":"post","link":"https:\/\/www.racinelaw.net\/blog\/is-your-trust-funded\/","title":{"rendered":"IS YOUR TRUST FUNDED"},"content":{"rendered":"

By Lane V. Erickson<\/a>, Idaho Estate Planning Attorney<\/p>\n

As an Idaho estate planning lawyer, I regularly have clients bring me an estate plan they created decades before, that they want me to look over for them. Whenever a trust is included, I have a discussion with them to find out if the trust is valid.\u00a0 I do this because most of the time, these clients don\u2019t know whether their trust was ever funded.<\/p>\n

My discussion includes comparing their trust to a pie.\u00a0 I tell my clients that the documents are like a pie crust that has been made and is ready to have the pie filling put in it.\u00a0 However, if no pie filling is ever put into the crust, then you don\u2019t really have a pie. Rather you only have a pie crust. The same is true of a trust.\u00a0 If the only thing that was ever done was the documents, and nothing more, then a trust doesn\u2019t exist at all. There is only an empty pie crust.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

By Lane V. Erickson, Idaho Estate Planning Attorney As an Idaho estate planning lawyer, I regularly have clients bring me an estate plan they created decades before, that they want me to look over for them. Whenever a trust is included, I have a discussion with them to find out if the trust is valid.\u00a0 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-8014","post","type-post","status-publish","format-standard","hentry","category-estate-planning"],"yoast_head":"\nIS YOUR TRUST FUNDED — Idaho Law Blog — August 8, 2019<\/title>\n<meta name=\"description\" content=\"By Lane V. 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