What Kind of Assets and Property Can Be Owned By a Trust?

Simply put, almost anything can be owned by a trust. 

Real estate, stocks and bonds, bank accounts, businesses, vehicles, boats, personal property, livestock, and so many more things. 

But, there are a few that cannot be owned by a trust. 

Retirement accounts (401k, 403b, IRA, Roth IRA, and similar plans) cannot be owned by a trust. The IRS requires that these accounts be owned by an individual, therefore they cannot be owned by a trust. 

Certain professional businesses, such as doctors, lawyers, dentists, accountants, and real estate brokers also cannot be owned by a trust.

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