The schedule of a revocable trust is where you’ll list any non-retirement assets as you title them in the name of the trust. Listing assets on a schedule does not change the titling—it’s more an inventory that your trustee can use to determine what assets you have in the revocable trust.
Joint: anything owned by both spouses
Community: anything owned jointly by both spouses while living in a community property state (i.e., Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin)
Separate: anything owned and managed individually (e.g., inheritance, assets acquired before a marriage that have been maintained separately)
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