Legal Question in Business Law in Arizona

Yes, you can transfer the ownership of the shares in your corporation to your family trust by signing the old certificates and naming the trustee(s) of the trust as the assignee, and then you should issue new certificates for the shares showing the trustee of the trust as the shareholder of record. In addition, I suggest you show the transfer in the minutes of a meeting of the board of directors. You should obtain the advice of an experienced attorney to be sure that you are funding your trust correctly, as it may not be possible or at least, very expensive, to undue mistakes later, when something has happened to you or your wife. And, at the same time, it sounds like you should have some advice how to maintain your corporate books and records so that you are observing the formalities of the separate legal entity (the corporation), which is essential to get the protection of your corporation and the other benefits you sought when you incorporated the business.