Can revocable trust assets be counted towards net worth?

Yes, revocable trust assets can be counted towards personal net worth, as a revocable trust is simply an extension of its owner rather than a separate entity. This then creates a roundabout way of accrediting the trust based on over $1 million in trust assets (rather than the $5 million threshold).

• Example: If a revocable trust is owned by a husband and wife and has over $1 million in assets, the trust itself cannot be accredited outright. However, the $1 million counts towards the net worth of the husband and wife, which means both are individually accredited. Therefore, all owners of the trust are accredited, meaning the trust is accredited.