Understanding & Signing The
Trust Estate — Master Transfer & Assignment of Assets

Play Video

The Master Transfer Generally Assigns All Your Assets To Your Living Trust 

This document acts as a general assignment and declaration that you presently intend all of your assets to be a part of and governed by your trust — including all household and personal effects.

Don’t Let This Document Make You Complacent — It Is Only Intended As An Emergency Backup Until You Formally Title Assets In The Name Of Your Living Trust

This Master Assignment should never be viewed as a substitute for actually titling all of your individual accounts, real estate and other assets in your trust. Rather it is only intended as an emergency backup between now and when you are able to formally title each asset in your trust. If something happened in the meantime this document could be used to argue that such accounts and assets were part of your trust.

Put Everyone On The Same Page And Currently Recognize The Asset As Titled In Your Living Trust

That said, persuading any institution to recognize this “Master Assignment” is always an uphill battle that could even require court proceedings (the very hassles you are trying to avoid). That is why it is always far superior to actually title each asset in the trust. That is, to truly change the record of ownership of each account and asset so that everyone’s records reflect titling in the trust. This puts everyone on the same page and will eliminate any potential roadblocks or arguments as to whether or not the asset is part of your trust.

Please Sign and Date Your Document Right Away.

Assuming you wish to proceed,  you should sign and date this document right away.

Always Double Check The Notary

Again, when you have this document notarized, make sure that the notary stamps, fills in and signs all parts of the notarial area.