Don't Get Trapped: Spotting the Signs of a BAD Living Trust

Uncover what is a living trust, living trust vs will, how to set a revocable living trust, and avoid bad trust pitfalls! 👉 Book a Call at www.cunninghamlegal.com/book-... for estate planning, living trust guidance, and help avoiding probate.
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We'll demystify living trusts, compare a living trust vs will, guide you on how to set up a revocable living trust, and the things to look out for. A good trust can sidestep probate and reduce taxes, but a bad trust can send you to probate and have HUGE tax implications. Whether you're a novice or seeking to expand your knowledge on trusts, this webinar is crucial. Don't fall into common trust pitfalls. Equip yourself with the knowledge to safeguard your assets and loved ones.
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00:00 Don't Get Trapped: Spotting the Signs of a BAD Living Trust
01:47 What is a Trust?
05:43 Why are Living Trust SO LONG?
21:13 How to Know if it's a BAD Living Trust?
37:13 Contact Us
CONTACT us at www.cunninghamlegal.com/calif... to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California.
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PHONE: [phone] for a consultation on a California Living Trust!
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[@delladuran4481]

Hi Jim, First, I want to thank you for making these educational videos that helped me tremendously. I am the successor trustee of mom's living trust. I had NO IDEA that I would have many responsibilities as a trustee! My mom must have taken a loan out on one of her properties and did not put it back in the trust, so I am going through Heggstad and feel like it's never going to end with this mess of the trust and how it was written, but thanks to you I can learn before I mess things up that would be my responsibility as the Trustee. I watch every video (even all the older ones).

[@CunninghamLegal]

Thanks for leaving a comment! I'm really glad to hear that the videos have been so beneficial to you during this challenging time. Remember, hurdles like these are complex, but with careful learning and expert guidance, you're well on your way to fulfilling your duties as Trustee.

[@user-hy7os9ot9t]

How old is too old for trust, 10, 20 years?

[@CunninghamLegal]

A trust becomes "too old" when your life circumstances change, whether that be a new birth, a death, or incapacity of anyone listed in your Estate Planning Documents. Other times, a trust can become outdated if your wishes change. At CunninghamLegal, we believe that you should have your trust reviewed every 3 to 5 years because that is often the timeframe in which major life changes and law changes occur. Here is a link to our Estate Plan Review Diagnostic if you would like to check your estate plan's accuracy: www.cunninghamlegal.com/information-tools/