ECKERT BYRNE FUNDING ASSISTANCE

WHAT IS FUNDING?

Creating a trust is only the first step. For your plan to work as intended, certain assets must be transferred to the trust or coordinated through beneficiary designations and account ownership changes. Depending on the asset, this may involve retitling accounts, updating beneficiary forms, or assigning ownership interests.

Many people believe their trust is complete once the documents are signed. In reality, a trust that is never funded may not provide the probate avoidance, asset protection, or tax planning benefits it was designed to achieve.

As part of our Oak and Spruce Plans, we provide personalized funding recommendations tailored to your assets. For clients who would like additional support, we also offer funding services designed to help ensure those recommendations are properly implemented.

QUESTIONS ABOUT FUNDING?

    HOW CAN ECKERT BYRNE HELP?

    Some clients prefer to complete funding on their own, while others would like additional guidance along the way. Whether you need answers to specific questions, assistance implementing a funding recommendation, help completing institution-specific forms, or direction on next steps, we can help.

    Whether you have questions about ownership changes, beneficiary designations, trust funding requirements, or institution-specific paperwork, we can help identify the appropriate next steps and determine the level of assistance that makes sense for your situation.

    HOURLY FUNDING ASSISTANCE

    Need occasional guidance or help with specific questions? We are available to assist on an hourly basis.

    FLAT FEE FUNDING ASSISTANCE BY ASSET TYPE

    Real Estate (Recorded Land)

    $1,000per property
    • Masachussetts Only
    • Fee includes registry recording/filing costs.

    Real Estate (Registered Land)

    $1,055per property
    • Masachussetts Only
    • Fee includes registry recording/filing costs.

    Account Beneficiary Designations

    $350per account/policy
    • Bank, Investment, Brokerage Accounts (POD/TOD)
    • Life Insurance (Premium & Contingent)
    • Retirement Accounts & Annuities

    Account Ownership Change

    $350per account
    • Bank, Investment, & Brokerage Accounts