Asset Transfer Letter

In estate planning, an asset transfer letter is a document shared with financial institutions to communicate the transfer of ownership of assets like real estate, bank accounts, personal property, or investments as part of the estate plan or funded in a trust. While the asset transfer letter can be used to request a financial institution retitle accounts, it is important to work directly with each financial institution to ensure assets are properly retitled into the name of the revocable trust or owners and beneficiaries are identified properly to be consistent with your estate planning goals.