What if a bypass trust is never funded? And 4 Other Things You Should Know About Your New Bypass Trust

Here’s a real life scenario we deal with all the time. Your dad passed away a few weeks ago. You went with your mom to the attorney’s office. He informed her that their Revocable Living Trust requires that the assets now be split into 2 trusts: one Survivor’s Trust, and one Bypass Trust. Her head is spinning. She has some very important decisions to make. We deal with this stuff every day.