This news isn't about cryptocurrency! It's about trusts, which are like special boxes to hold your important things (like houses, money, and other valuables) so they go to the right people after you're gone. It explains how to put your stuff into a trust. It's a bit like moving your toys from your room into a special storage area for safekeeping.
- Trusts help you avoid probate (a long process of giving away your stuff after you die).
- You need to move your assets (things you own) into the trust's name.
- Moving different things requires different steps.
Step | What to do |
---|---|
1 | Identify what you want to put in the trust (house, money, etc.). |
2 | Change the ownership of your house to the trust's name. |
3 | Change your bank accounts to the trust's name. |