🎯 Key Takeaways for quick navigation: 00:28 📜 *The focus is on the five biggest mistakes people make with Revocable Living Trusts.* 01:22 🤔 *Explanation of what a Revocable Living Trust is, differentiating it from Irrevocable Trusts.* 03:12 🚫 *Highlighting the primary benefit of Revocable Living Trusts: avoiding Probate upon death.* 05:02 🗃️ *Understanding the roles in a Trust: Grantor, Trustee, and Beneficiary.* 06:22 ⚠️ *Discussing common confusions about Trust operations and effectiveness.* 07:16 ❌ *Debunking myths about creditor protection and estate tax benefits of Revocable Living Trusts.* 09:32 🛡️ *Exploring scenarios where a Trust can help against financial exploitation.* 11:49 🏠 *Emphasizing the value of Trusts in managing property across multiple states.* 12:14 🏦 *Discussing the critical step of funding the Trust properly.* 16:28 🚫 *Highlighting that not all assets can be put into a Revocable Living Trust.* 21:31 ✍️ *Addressing the issue of poorly written Trusts and the importance of detailed drafting.* 26:16 🛂 *Clarifying the lack of creditor and liability protection with Revocable Living Trusts.* 30:20 🏥 *Explaining that Revocable Living Trusts offer no protection from long-term care costs.* 32:14 📝 *Stressing the need for additional Estate Planning documents besides the Trust.* 39:01 🤔 *Discussing when a Revocable Living Trust might not be the best choice.* 41:01 ❓ *Addressing the importance of beneficiary designations and their management.* Made with HARPA AI
The biggest mistake is getting one when the NICER Interdiction Living Trust avoids all the mistakes because it used the Latin Law Crime Interdiction Administration.
I’m a retired lawyer and will be seeing an estate planning attorney today. Watched the video with my writing pad. Very, very useful info re: questions to ask and issues to explore. Thank you. Background music is annoying. Sorry.
I am a lawyer in Georgia and your presentation is good and thorough. Too many people buy into trusts when they don’t need a trust. They need a will, a durable POA and health care advance directives or living wills. Maybe a deed upon death if your state authorizes it. If you have a large family farm or passive income producing real estate that is free of debt, maybe a career or going small business that has high liability exposure, then a trust should be considered. Expensive probate states like Florida should also cause a consumer to seek advice on setting up a trust to avoid predatory legal fees and court expenses.
98% of the videos with background music don’t need it or it detracts from the video and information presented. This is a topic not needing distractions.
You are a breath of fresh air! Thank you for being blunt and offering hard truths. So many people just want to hear what they want to hear. This video tells you what you need to hear.
She is right on time for the NICER Forgery Proof Interdiction Living Trust. And the Counterfeit Free Latin Law 33-year reform crime interdiction administration.
This is one of the best videos I’ve seen on this topic. It’s surprising how much misinformation is out there, even from attorneys. You know your stuff!!!
Thank you ma'am. I'm also an attorney, but i practice criminal law and haven't heard all of this since law school 23 years ago. You did an amazing job with this video.
This was very informative. My wife chooses not to really be interested/informed of such matters. I'll try get her to watch this as I am now the lead generation on my side but both of her parents are into their 90s and there is a IRT involved on that side. Thanks for taking the time to present this
Need to mention a little more about bank accounts and investment accounts. For instance safety deposit boxes at banks have their own beneficiaries and separate rules from the bank and the trusts. And POD acts within trusts. These kind of things too
Thank you for explaining everything so eloquently and easy to understand. My question is, do the beneficiary’s have access to read the trustee or is that only accessible to the trustee’s?
Excellent advice and well presented. I had a question regarding putting my home in a trust. You had mentioned that the home should be put in the name of the trust. Years ago, I was advised that my insurance company would not cover my home unless it was in my name. Checking with their underwriting department, I was also advised that I could keep my name on the policy but would need to put the trust name on as an ‘Interested Party’. Thoughts on this?
Why do we need to put bank accounts in the trust? I thought if our bank has a designated beneficiary, they will automatically be able to get thr money wothout going to probate?
Buy your documents online & then you can change them as needed for free. All you need to do is get them notarized again if you make changes. Suze Orman sells these “must have documents” known as a Will, Revocable Trust, Living Will & Durable Power of Attorney. There’s so many companies online that sell a them as a 4 part bundle as well.
Trusts, Living Trusts, wills, etc. aren't worth the paper they are written on. In OKC, OK. There's a HUGE Billboard saying "Where there's a WILL, WE CAN BREAK IT!" Stickum and Con'em Law Firm AND IT IS TRUE!!! Any inheritance document CAN be contested IN COURT, and rubbed with enough MONEY, it can be struck-down. Trust and Estate attorneys LIVE to get in a court room. THEY always WIN and YOU (the inheritor) always pay the fees which are generally fixed by the state you live in and the size of the estate (in dollars) but it will probably cost you $10,000 to go to court, win, lose or draw. Much more in some places. Then 10 to 50% of the value of the estate IF YOU WIN! I'm in the middle of this RIGHT NOW with my late Parent's estate. Their "Trust Attorney" is getting maybe 5 times as much a month (or much more!) than I AM for "administration fees" and the "TRUST" is for MY EXCLUSIVE BENEFIT as there is no one else left alive in our family! I can't even FIND OUT HOW MUCH he is getting!!!
30:00 you need lifetime documents: “pour over will”. A “WILL” , a durable power of attorney for finance & health, beneficiary designation - how assets are paid out like 401’ks
My question is as follows let’s say I’ve been with someone for the last 8-9 years we’ve lived together for most of that time. Would placing my home in a revocable trust keep that person from putting any type of claim on my house?
I'm not a lawyer but you should Google "common law marriage" because you living with your partner probably already gives them legal rights. ALL my attorney friends say anyone can file a suit/ claim against pretty much anyone and it must be answered by that person, in this case you, in the court where it was filed. Even if it's an obvious false claim to you, it can't go unanswered or you lose 1st round. Maybe being creative, like renting the property from the trust might create enough separation but as she said there is no asset protection from creditors... Good luck. I'd pay a local attorney for specific advice, I think it's called limited scope representation legal counsel. Unbundling service
And possession is 9 tenths...of the law, they would be living there, most likely would stay, and would have main claim to the house in my non professional opinion
I am not a lawyer but I would put that person as a beneficiary of $1.00 only to show he is not forgotten but your wishes are $1.00. And your kids as beneficiary's of the house, etc. Even so, check out if he would have any claim as common law. I have a trust for my house. My Dad had his house in a revocable living trust also and the 3 of us sold and split the money without having to pay any inheritance taxes. It is worth the effort and a great final gift to your family.
I have a friend who has been living as a wife with an 80 year old man for about 30-40 years. He has reminded her that she is NOT a common law wife because his first wife never got a divorce. His will leaves everything to his sons, including the small condominium they’ve lived in all this time. Does she have any options?
@@andreagibson7355 Please check your specific State Law, or check with an Attorney from the State you reside in. In some States, the people listed in the legal will are the only ones who may challenge the will.
If myself and my children are on the home note and there is also a real estate trust naming those children as beneficiaries of the Trust, will Medicare still be able to take this asset for nursing care?
26:04 But if the trust can create create an irrevocable trust, couldn't those provisions also create asset protection? 28:59 UPDATE: okay, yes, possibly
Good morning! Could you please explain about partnership health care at work it’s very confusing me about disrespect. Please make me a little clearly. Thank you! From Florida
What would you recommend for a couple who spends 6 months out of the year in one state and 6 months in another and own homes in both? Legal resident in one. Ty! Great video!
I have an irrevocable trust for the ALL CAPITALIZED NAME. My children and grandchildren are the beneficiaries and certificate holders. How can I use this trust to get my family a house in Washington State?
How is a revocable living trust better than simple beneficiary designations? Both avoid probate. I would think that a revocable living trust is better if you have young dependants who you want to pass your assets to.
Some things cannot have a beneficiary assigned. Directly held stock, directly owned companies among others. The trust also allows you do dole out money over time if you want.
If I own a property in North Carolina and another property in Puerto Rico USA. will I be able to include the Puerto Rico property under the same revocable trust ? Or I will need a separate revocable living trust in Puerto Rico?
I just started watching your video. Thank you for the information. Can a living trust also include business shares? My brother and I own a business together. Both of us are not married and we need to have something in writing so if something happens to either of us the other gets the other half of the business.
We are in the same boat, NICER arrives around Thanksgiving with a forgery proof interdiction living trust, permission ledger power of attorney, and Schedule A counterfeit free LLC, cost a Prebate Nickel and worth every dollar, to avoid the Probate Dime or Trust Probate Litigation Quarter to a Dollar. Our greedy trustee changed our parents trust costing a million in billable litigation dollars.
Just curious. Can a named beneficiary on IRA or 401K in most current date inherit those retirement accounts and overwritten named beneficiary shown on either the Will or revocable living trust that was previously prepared long time ago. Thank you in advance for your help.
Re:Camp le Jeune: my late husband is a member of this lawsuit. I have a revocable trust. They are telling me I will be assigned a probate attorney. I can’t reach them on the phone.,and they haven’t responded to my text. Why must this go thru probate? What should I do? Thank you. ,
What’s the difference between RLT and Transfer Upon Death? And does whoever takes over my properties, do they have to pay new taxes on the properties value ?
TOD or POD is generally specific to a single financial institution, and is an agreement between you and them. A trust encompasses many other things. If the only asset you have is a bank or investment account, then setting up TOD is a lot simpler than setting up a trust.
Great question for an attorney. With a vehicle and a house my mom and bought together we titled them "With Right of Suvivorship" . No estate tax or probate because both of were owners of assets.
I gave a firm 3,500.00 a few years ago for a revocable L.T. but i keep getting letters from the attorneys every year asking me to renew @ 150.00 ? I thought it was a one time deal ! I never renewed , does that mean it's canceled ?
What else you can used to fund your trust other than just money.," Can we add or transfer our membership units from our LLC's as well our share from our corporations ?
I don't have any other assests besides my home, which is in an RLT with my son as the Trustee and beneficiary. My pension and Social Security end upon my death. I have a separate Durable Power of Attorney that is not in the trust. Do I really need a will?
Do you need a trust if you have a POD on accounts, a survivorship deed, and beneficiary designations on other accounts? What stops a spouse from spending all the assets instead of going to the children in a revocable trust?
You need a NICER FEDS Forgery Proof Prebate Trust Administration to avoid the title thieves who steal our wealth when we are vulnerable, with a 33-year reformed title holding RLT and Schedule C Counterfeit Free LLC if you own a business, arriving around Super Bowl Sunday.
Ask an attorney but generally you don’t get to choose. Where you live when you form the trust is the state it will be recorded in. If you move to a new state you may need to redo the trust or change some wording/provisions. You want it to be a legal and valid document in the state you are residing in at death.
So on your schedule of assets, do you re-issue the schedule every time there is a change (like selling a car or buying a new one) do you annotate it on the original s hefule, or complete a new schedule of assets?
Do they Minus the Social Security check she gets Monthly from the Amount the Elder Home Charges plus what’s left out of her Edward Jones Inheritance account to take care of Mom
Don't do it yourself it cost 25% in Litigation court hire a NICER authorized Administration Lawyer to include the dozens of provisions to protect us when we're vulnerable from Estate Plan forgers, Trust Fraud, and financial elder abuse.
🎯 Key Takeaways for quick navigation:
00:28 📜 *The focus is on the five biggest mistakes people make with Revocable Living Trusts.*
01:22 🤔 *Explanation of what a Revocable Living Trust is, differentiating it from Irrevocable Trusts.*
03:12 🚫 *Highlighting the primary benefit of Revocable Living Trusts: avoiding Probate upon death.*
05:02 🗃️ *Understanding the roles in a Trust: Grantor, Trustee, and Beneficiary.*
06:22 ⚠️ *Discussing common confusions about Trust operations and effectiveness.*
07:16 ❌ *Debunking myths about creditor protection and estate tax benefits of Revocable Living Trusts.*
09:32 🛡️ *Exploring scenarios where a Trust can help against financial exploitation.*
11:49 🏠 *Emphasizing the value of Trusts in managing property across multiple states.*
12:14 🏦 *Discussing the critical step of funding the Trust properly.*
16:28 🚫 *Highlighting that not all assets can be put into a Revocable Living Trust.*
21:31 ✍️ *Addressing the issue of poorly written Trusts and the importance of detailed drafting.*
26:16 🛂 *Clarifying the lack of creditor and liability protection with Revocable Living Trusts.*
30:20 🏥 *Explaining that Revocable Living Trusts offer no protection from long-term care costs.*
32:14 📝 *Stressing the need for additional Estate Planning documents besides the Trust.*
39:01 🤔 *Discussing when a Revocable Living Trust might not be the best choice.*
41:01 ❓ *Addressing the importance of beneficiary designations and their management.*
Made with HARPA AI
Thanks for your outline. It is extremely helpful!
The biggest mistake is getting one when the NICER Interdiction Living Trust avoids all the mistakes because it used the Latin Law Crime Interdiction Administration.
I’m a retired lawyer and will be seeing an estate planning attorney today. Watched the video with my writing pad. Very, very useful info re: questions to ask and issues to explore. Thank you. Background music is annoying. Sorry.
I am a lawyer in Georgia and your presentation is good and thorough. Too many people buy into trusts when they don’t need a trust. They need a will, a durable POA and health care advance directives or living wills. Maybe a deed upon death if your state authorizes it. If you have a large family farm or passive income producing real estate that is free of debt, maybe a career or going small business that has high liability exposure, then a trust should be considered. Expensive probate states like Florida should also cause a consumer to seek advice on setting up a trust to avoid predatory legal fees and court expenses.
You need one if your parent goes to a nursing home….if you set up the trust 5 years prior……boom $0 cost for the nursing home….
Where are you in Georgia?
@@wayneguy6043
Unless it's an IRREVOCABLE trust, revocable trust won't cut it.
What your adress in Goergia pl
My Mom has a Living Will & Trust
Good video. However, the background music is very distracting. Your voice providing sound information is adequate, you don't need the music.
Thanks for the tip!
Yes,the background music is a distraction, especially when trying to digest the information.
Nahh. the music is fine…
can i hv rock music? no no babara streisand
98% of the videos with background music don’t need it or it detracts from the video and information presented. This is a topic not needing distractions.
You are a breath of fresh air! Thank you for being blunt and offering hard truths. So many people just want to hear what they want to hear. This video tells you what you need to hear.
She is right on time for the NICER Forgery Proof Interdiction Living Trust. And the Counterfeit Free Latin Law 33-year reform crime interdiction administration.
This is one of the best videos I’ve seen on this topic. It’s surprising how much misinformation is out there, even from attorneys. You know your stuff!!!
Most informative video on RLT I have seen on TH-cam!
Thank you ma'am. I'm also an attorney, but i practice criminal law and haven't heard all of this since law school 23 years ago. You did an amazing job with this video.
L va
❤
Great video / background music not distracting, as agree with others you, did an amazing job.
This was very informative. My wife chooses not to really be interested/informed of such matters. I'll try get her to watch this as I am now the lead generation on my side but both of her parents are into their 90s and there is a IRT involved on that side.
Thanks for taking the time to present this
Can you ask that your property be sold upon your death and have certain percentage go to certain beneficiaries?
Need to mention a little more about bank accounts and investment accounts. For instance safety deposit boxes at banks have their own beneficiaries and separate rules from the bank and the trusts. And POD acts within trusts. These kind of things too
Thank you. Very helpful. Music was somewhat distracting.
With my home in RLT, how do I pay insurance, utility bills and maintenance repair.
At 9:15 min, you will also need the “power of attorney” document
Can one have both: a Revocable Trust (with a Pour-Over Will), and a Will with an Asset Protection Trust (mentioned at 31:01-31:21)?
Excellent presentation.Clearly STATED!
Very informative video though. Thank you for the information. Extremely helpful and most needed currently. I appreciate what you are doing. 😊
Thank you for explaining everything so eloquently and easy to understand. My question is, do the beneficiary’s have access to read the trustee or is that only accessible to the trustee’s?
Excellent advice and well presented. I had a question regarding putting my home in a trust. You had mentioned that the home should be put in the name of the trust. Years ago, I was advised that my insurance company would not cover my home unless it was in my name. Checking with their underwriting department, I was also advised that I could keep my name on the policy but would need to put the trust name on as an ‘Interested Party’. Thoughts on this?
You make it so easy to listen to you
Why do we need to put bank accounts in the trust? I thought if our bank has a designated beneficiary, they will automatically be able to get thr money wothout going to probate?
What if the owner of the Trust and the Beneficiary both die, how do the remaining family members access anything?
The forgery proof legalese lawyers list alternatives in a NICER reform.
Very good video but please stop the background music so we can hear better.
Agree : )
How hard is it to make changes in revocable trust down the road and would one need an attorney every time change is made
Buy your documents online & then you can change them as needed for free. All you need to do is get them notarized again if you make changes. Suze Orman sells these “must have documents” known as a Will, Revocable Trust, Living Will & Durable Power of Attorney. There’s so many companies online that sell a them as a 4 part bundle as well.
Thank you for the information can we purchase the whole administration from you to avoid the billable hours?
Thank you for the information
Trusts, Living Trusts, wills, etc. aren't worth the paper they are written on. In OKC, OK. There's a HUGE Billboard saying "Where there's a WILL, WE CAN BREAK IT!" Stickum and Con'em Law Firm AND IT IS TRUE!!! Any inheritance document CAN be contested IN COURT, and rubbed with enough MONEY, it can be struck-down. Trust and Estate attorneys LIVE to get in a court room. THEY always WIN and YOU (the inheritor) always pay the fees which are generally fixed by the state you live in and the size of the estate (in dollars) but it will probably cost you $10,000 to go to court, win, lose or draw. Much more in some places. Then 10 to 50% of the value of the estate IF YOU WIN! I'm in the middle of this RIGHT NOW with my late Parent's estate. Their "Trust Attorney" is getting maybe 5 times as much a month (or much more!) than I AM for "administration fees" and the "TRUST" is for MY EXCLUSIVE BENEFIT as there is no one else left alive in our family! I can't even FIND OUT HOW MUCH he is getting!!!
GREEDY lawyers.
Look to see if there is an accounting requirement law. Many states allow the beneficiary to demand an accounting of activity from the trustee.
I have heard some terrible stories when attorneys control the trust funds to an older adult child.
😊
😊😊😊😊
3:50 min, She discusses on Washington State “revocable living trusts”.
27:21 for avoiding probate. NOT getting “creditor protection”
Durable power of attorney.....can you add by amendment to revocal living trust? Or separate page document like will?
30:00 you need lifetime documents: “pour over will”. A “WILL” , a durable power of attorney for finance & health, beneficiary designation - how assets are paid out like 401’ks
how about a pour over will? How does that interact with the trust?
Love the music and the beauty and knowledge
Very good information. Music super annoying.
Thanks so much, Ma’am! You’re exceptional.
Bank want short affidavit what clauses need to be in certificate or affidavit for bank account?
21:03 Please explain annuity accts? Do not place in “revocable trust” ?
@ 10:20 min, For privacy reasons with tax inquiries etc, Do not list yr name on the TRUST
Any and all death tax should be repealed or abolished.
Why?
@@richardbryanesq Because we are taxed too much already.
@@richardbryanesqenjoy paying yer hard earned $ to have it flushed in toilet.😂
This is not the forum for your comment. Contact the appropriate agency in your area to voice your concerns.
My question is as follows let’s say I’ve been with someone for the last 8-9 years we’ve lived together for most of that time. Would placing my home in a revocable trust keep that person from putting any type of claim on my house?
I'm not a lawyer but you should Google "common law marriage" because you living with your partner probably already gives them legal rights. ALL my attorney friends say anyone can file a suit/ claim against pretty much anyone and it must be answered by that person, in this case you, in the court where it was filed. Even if it's an obvious false claim to you, it can't go unanswered or you lose 1st round. Maybe being creative, like renting the property from the trust might create enough separation but as she said there is no asset protection from creditors... Good luck. I'd pay a local attorney for specific advice, I think it's called limited scope representation legal counsel. Unbundling service
And possession is 9 tenths...of the law, they would be living there, most likely would stay, and would have main claim to the house in my non professional opinion
I am not a lawyer but I would put that person as a beneficiary of $1.00 only to show he is not forgotten but your wishes are $1.00. And your kids as beneficiary's of the house, etc. Even so, check out if he would have any claim as common law. I have a trust for my house. My Dad had his house in a revocable living trust also and the 3 of us sold and split the money without having to pay any inheritance taxes. It is worth the effort and a great final gift to your family.
I have a friend who has been living as a wife with an 80 year old man for about 30-40 years. He has reminded her that she is NOT a common law wife because his first wife never got a divorce. His will leaves everything to his sons, including the small condominium they’ve lived in all this time. Does she have any options?
@@andreagibson7355 Please check your specific State Law, or check with an Attorney from the State you reside in. In some States, the people listed in the legal will are the only ones who may challenge the will.
Amazing explanation. Very helpful. Thank you.
Thank you for educating us! It helps me to understand about Trust /Estate planning. How much will cost to do a Trust and Estate planning?
If myself and my children are on the home note and there is also a real estate trust naming those children as beneficiaries of the Trust, will Medicare still be able to take this asset for nursing care?
26:04 But if the trust can create create an irrevocable trust, couldn't those provisions also create asset protection?
28:59 UPDATE: okay, yes, possibly
Good morning! Could you please explain about partnership health care at work it’s very confusing me about disrespect. Please make me a little clearly. Thank you!
From Florida
Thank you Lynn, this info was very helpful☑
Hi
Your presentation is very clear. It contains fundamental issues.
Do you have or recomend any attoney firms doing same job as you in oklahoma?
Thank you so much for this. I learned so much. Can someone use your firm even if they live in another state?
Thanks again!
What would you recommend for a couple who spends 6 months out of the year in one state and 6 months in another and own homes in both? Legal resident in one. Ty! Great video!
Outstanding Commentary!!! Priceless!!! Thank You!!!
What if beneficiary is another grantor trust, is that ok?
we have checking , saving and a pension house car and rv. do we put the pension and bank accounts in the rlt?
15:44 👍🏼place home in “revocable “. NOT retirement accts, Not 401K bcuz u have beneficiaries ( & irs rules)
I have an irrevocable trust for the ALL CAPITALIZED NAME. My children and grandchildren are the beneficiaries and certificate holders. How can I use this trust to get my family a house in Washington State?
Buy it in the name of your trust
How do I put the car I just bought in the revokable trust?
How is a revocable living trust better than simple beneficiary designations? Both avoid probate. I would think that a revocable living trust is better if you have young dependants who you want to pass your assets to.
Some things cannot have a beneficiary assigned. Directly held stock, directly owned companies among others. The trust also allows you do dole out money over time if you want.
@@TheGreaterGrog However, mutual funds and ETFs can have beneficiary designations.
If I own a property in North Carolina and another property in Puerto Rico USA. will I be able to include the Puerto Rico property under the same revocable trust ? Or I will need a separate revocable living trust in Puerto Rico?
I just started watching your video. Thank you for the information. Can a living trust also include business shares? My brother and I own a business together. Both of us are not married and we need to have something in writing so if something happens to either of us the other gets the other half of the business.
We are in the same boat, NICER arrives around Thanksgiving with a forgery proof interdiction living trust, permission ledger power of attorney, and Schedule A counterfeit free LLC, cost a Prebate Nickel and worth every dollar, to avoid the Probate Dime or Trust Probate Litigation Quarter to a Dollar. Our greedy trustee changed our parents trust costing a million in billable litigation dollars.
So much food for thought thank you for your guidance …
Just curious. Can a named beneficiary on IRA or 401K in most current date inherit those retirement accounts
and overwritten named beneficiary shown on
either the Will or revocable living trust
that was previously prepared long time ago.
Thank you in advance for your help.
That is very helpful tips thanks for sharing keep it up good work God bless That is great idea thanks for sharing again.
When a spouse dies A WILL has an “asset protection trust” So when in probate, this protects 50-100% assets At 38:52 min.
Do I need to have a will too if I have a revocable living trust?
Re:Camp le Jeune: my late husband is a member of this lawsuit. I have a revocable trust. They are telling me I will be assigned a probate attorney. I can’t reach them on the phone.,and they haven’t responded to my text. Why must this go thru probate? What should I do? Thank you.
,
If your not married but purchased the home together should you both do a trust separately?
Great informative presentation thank you
What’s the difference between RLT and Transfer Upon Death? And does whoever takes over my properties, do they have to pay new taxes on the properties value ?
TOD or POD is generally specific to a single financial institution, and is an agreement between you and them. A trust encompasses many other things. If the only asset you have is a bank or investment account, then setting up TOD is a lot simpler than setting up a trust.
Great question for an attorney. With a vehicle and a house my mom and bought together we titled them "With Right of Suvivorship" . No estate tax or probate because both of were owners of assets.
Great video. Thanks for the advice
What are business trusts ?
I gave a firm 3,500.00 a few years ago for a revocable L.T. but i keep getting letters from the attorneys every year asking me to renew @ 150.00 ? I thought it was a one time deal ! I never renewed , does that mean it's canceled ?
Question it is a capital gain taxes on properties on the Revocable living Trust . At the time to be executed ?
Hello, How do you get the Consultation Certificate.
What else you can used to fund your trust other than just money.," Can we add or transfer our membership units from our LLC's as well our share from our corporations ?
How do I claim my free consultation?
Please address the issue of nursing home costs and protection.
There are some people out there who say to put your house in a LLC and put the LLC in the trust to limit liability. Thoughts on this?
Can your children present a PDF copy if original not found.
Do their copies have to have notary stamp?
Thank you ! Clear and concise recommendations!
I don't have any other assests besides my home, which is in an RLT with my son as the Trustee and beneficiary. My pension and Social Security end upon my death. I have a separate Durable Power of Attorney that is not in the trust. Do I really need a will?
How do I know if I set up one and I don't remember where do I start to look and how do I get there
How do I know if I have one started in the past and can't remember
Any help from the community would be awesome
Do you need a trust if you have a POD on accounts, a survivorship deed, and beneficiary designations on other accounts? What stops a spouse from spending all the assets instead of going to the children in a revocable trust?
You need a NICER FEDS Forgery Proof Prebate Trust Administration to avoid the title thieves who steal our wealth when we are vulnerable, with a 33-year reformed title holding RLT and Schedule C Counterfeit Free LLC if you own a business, arriving around Super Bowl Sunday.
I would like a consultation if possible I don't know the laws and live in PA my mom died in 2019
If we buy, sell, trade within the trust are we taxed?
Thanks for sharing videos ❤
Your a great Lawyer hope to see you on the NICER side.
Where you been hiding out?
is a trust a good thing to have if you some way get hurt and are stuck into a hospital or nursnibg home for a long time and have only on Medicare ?
Do you mecessarily have to have an attorney to draft a legal Living Trust in Virginia?
If I have properties in different counties can I have 2 different revocable living trusts?
What state is the best state to have create our trust. If we don't have much money yet where is the best place to set a trust.
Ask an attorney but generally you don’t get to choose. Where you live when you form the trust is the state it will be recorded in. If you move to a new state you may need to redo the trust or change some wording/provisions. You want it to be a legal and valid document in the state you are residing in at death.
We made a revocable living trust in South Carolina and we are now moving to Virginia.Is that a problem?
How much should a trust cost?
If you place businesses under your trust can you write off your attorney fees ?
So on your schedule of assets, do you re-issue the schedule every time there is a change (like selling a car or buying a new one) do you annotate it on the original s hefule, or complete a new schedule of assets?
Can a trust have a trust for charity as a secondary beneficiary?.
Thanks
Very informative! Thank you so much for this content! Such a beautiful lady as well !!
Do they Minus the Social Security check she gets Monthly from the Amount the Elder Home Charges plus what’s left out of her Edward Jones Inheritance account to take care of Mom
How do I legally make a revokable living trust.
How do we get the free consultation?
are online revocable trust worth it and valid in court?
Don't do it yourself it cost 25% in Litigation court hire a NICER authorized Administration Lawyer to include the dozens of provisions to protect us when we're vulnerable from Estate Plan forgers, Trust Fraud, and financial elder abuse.
Does this goes for any state Texas.
My only son has Multiple Sclerosis, he is 40 y/o, he receives disability income. Can he become a Trustee when I die?