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If you have all your assets "transferred" to your revocable trust, titling all your accounts under your revocable Trust, then you have "funded" your trust. But the Will is there to catch anything that you many have forgotten to transfer to your trust. The Trust does not require any Court approval for fiduciaries to act, but the Will does. So it's prudent to make sure ALL your assets, car, insurance policies, brokerage accounts, houses are all titled under your revocable trust.