No. The process of funding a trust is separate and has nothing to do with the Living Trust Schedule of Assets, which is only an informal document acting as a guide on how to distribute your assets after death.
You create a living trust while you’re alive to decide what happens to your assets after you pass. Sometimes this means relinquishing ownership and control to the trust and not using those assets. A testamentary trust will be created based on your will or testament after your death.