Should You Set Up a Trust? Estate Planning 101

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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
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[@kburgess6678]

Clearest explanation about trusts I've heard in months. Thank you.

[@realsoul2350]

Thanks!

[@deirdrethompson4508]

Your delivery is clear along with your tone. I’ve learned so much from you. Thank you and I will continue following you for more valuable information.

[@AubryTurner]

Good information. Thanks for this.

[@MsTwilightSpeaks]

Thank You!!

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You have definitely been a godsend. Thank you for ur charity of knowledge 💜

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[@DaiLeeKnoX]

Thanks for this video !

[@paulsaville8393]

Excellent, simplified explanation. Thank you!

[@prudentmom]

Very informative and brief 👍🏾

[@consciousself5375]

Thank you for the info and I love the blonde. Change is great & knowledge is gold🙌🏽🙌🏽

[@christophersimmonsbigrednc9964]

Great info! Thank you.

[@rudene75]

I will be establishing a trust and will give more thought to irrevocable or revocable trusts along with who will be the trustee. Thanks for the valuable information.

[@anonomous7936]

Thankyou for speaking plainly

[@Parthsean]

Watched the first video and subbbed!

[@mosesmack2762]

What a stud. Never fails to explain

[@transcend3145]

Good info.
Talk about one member trustee & grantor

[@kacolorado]

Great way to keep it at a 30,000ft view and still concise. Trusts can get very complicated, very quick. I’d argue most people really don’t need one, until later in life. And the reason is because a lot of accounts have a transfer on death law that bypasses probate. Also, many people move homes (probably their largest asset in a trust). Every time you amend your trust, that’s an attorney billing you to change it.

[@seatruth5737]

You'd be wrong about everybody doesn't need a trust. If you have children or a spouse - you need a trust.

[@kaydiemama868]

Check you out with the new “do” it’s so cool! Thanks for providing practical and helpful information AND doing it in style!

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[@Ashbunny86]

TY! I’m currently signing up for my benefits and I want to set my twin nephews up for success no matter what!

[@robz.3225]

You nailed. Well done.

[@robz.3225]

You could give powers of attorney for health care and financial. Also I think the estate tax Isn’t a problem for more people.

[@frankgarrison4496]

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[@TrueHarvestProperties]

What do you think about using trusts instead LLCs for business?

[@nephewsouledout]

Are there more favorable states to file trusts and estates in?

[@danadane2314]

Can you purchase a home or car under a trust?

[@jvolstad]

I have most of my estate going to charity. That includes my traditional IRA.

[@Yahbklyn]

Question, My mother is the executive of my grandmother's estate which is primarily air property. There is the house that is on the Homestead that is dilapidated unlivable. I want to rehabilitate the house via getting alone to do so. Am I jeopardizing my future by doing that being that the house is considered on the homestead

[@lenoxlane]

Hello I'm a single mom of 1 who is 28. Should I do a revocable trust or a living will.

[@Twinzma]

If one of the spouses passes away, and moves from their home, does the living trust have to be redone again?

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[@mayrasilva5968]

What is a living trust?

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[@combatdouglas1306]

What happened to your head?

[@frankgarrison4496]

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[@nogoogle6349]

Go to an ATTORNEY if you need a TRUST.
The only person you should speak to is an ATTORNEY.

[@frankgarrison4496]

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[@LoveConquerz]

Not true your bank can help establish a trust