The Power of Off: A Book Review
12:29
Powers of Appointment Gone Wrong
15:11
Пікірлер
@curtiseasterling741
@curtiseasterling741 20 сағат бұрын
My mother Mary Nelson of East Chicago Indiana passed away 30 years ago or so and my sister Traci and easterling has this included me in😊 I'm looking for an attorney in East Chicago to take it on pro bono or contingency get it back in probate Court my phone number is
@JohnHorton-fr5jj
@JohnHorton-fr5jj 6 күн бұрын
Example: Day 1: 88 year old father makes 64 year old girlfriend a POD on his million dollar bank account. Day 2: Girlfriend has 88 year old father killed. Day 3: Girlfriend brings death certificate to the bank to claim her million dollars. Banks are very reluctant to discuss what happened to this money with the 88 year old man's children so they can sue the bank for fraudulent conveyance based on the 88 year old man's lack of mental capacity to make a POD designation. On the other hand, the bank can just keep the money and lie to the children saying that the bank gave the million dollars to the unnamed beneficiary.
@eyBuDDy6217
@eyBuDDy6217 24 күн бұрын
Permission to come ashore 🏴‍☠️
@bradl2636
@bradl2636 24 күн бұрын
Is Texas an APT State?
@bradl2636
@bradl2636 24 күн бұрын
643 Trusts. A total SCAM. Run a mile.
@zesqcpa3
@zesqcpa3 29 күн бұрын
Informative. Thank you.
@BennyJohnsonTV-z5b
@BennyJohnsonTV-z5b Ай бұрын
This was super helpful! On another note, I can’t withdraw USDT from my SAFEPAL wallet. My seed phrase is (price mixed cargo human energy brown draw salmon knife path biology police). Any tips?
@itstufayeldm
@itstufayeldm Ай бұрын
You are uploading very well in your KZbin channel but your video has some SEO problem due to which you are not getting good results from your KZbin channel if you want I can give you some free tips to solve SEO problem
@itstufayeldm
@itstufayeldm 2 ай бұрын
I watch your videos and you make very nice videos.
@RaffiPrincian
@RaffiPrincian 2 ай бұрын
Using chat gpt 4.o nov 2024: A non-grantor trust cannot typically “defer” taxes in the sense that taxes on its income need to be paid annually. However, there are some ways that it can minimize immediate tax liabilities: 1. Distribution of Income: Non-grantor trusts can distribute income to beneficiaries. This can shift the tax burden from the trust (which often has higher tax rates) to beneficiaries, who may be in lower tax brackets. 2. Accumulation of Income: If income is accumulated in the trust rather than distributed, the trust itself is responsible for paying taxes on that income. This doesn’t defer taxes, but it can help control when and how income is taxed if strategically used. 3. Investment in Tax-Deferred Vehicles: A trust can invest in tax-deferred vehicles, like certain annuities or municipal bonds. This won’t eliminate taxes but can defer them until the income is realized. 4. Capital Gains: Trusts can also realize capital gains, which may be subject to lower tax rates if held for the long term. 5. Charitable Contributions: Non-grantor trusts that make charitable contributions may be able to take deductions for these contributions, depending on the terms of the trust.
@itstufayeldm
@itstufayeldm 2 ай бұрын
nice video
@itstufayeldm
@itstufayeldm 2 ай бұрын
nice video
@CarmenQuincy-g2h
@CarmenQuincy-g2h 3 ай бұрын
Lopez Jeffrey Robinson Dorothy Lee Timothy
@FaradayDave-x2s
@FaradayDave-x2s 3 ай бұрын
Brown Elizabeth White Maria Perez Jessica
@CommonsAnsel-s9z
@CommonsAnsel-s9z 3 ай бұрын
Johnson Eric Lewis David Wilson Frank
@VincentAnnabelle-l4l
@VincentAnnabelle-l4l 3 ай бұрын
Rodriguez Charles Hall Edward Walker Elizabeth
@LeopoldCyril-v5p
@LeopoldCyril-v5p 3 ай бұрын
Brown Robert Wilson Dorothy Gonzalez Dorothy
@KakulyHatun-d8v
@KakulyHatun-d8v 4 ай бұрын
Garcia Elizabeth Brown Amy Thompson Anthony
@kuelezavega8709
@kuelezavega8709 4 ай бұрын
.
@HarringtonWebb-l5d
@HarringtonWebb-l5d 4 ай бұрын
Martin Sharon Gonzalez Timothy Moore Melissa
@RicEBerris
@RicEBerris 4 ай бұрын
Any update on Wyoming charging order for single member llc at this time? Thanks
@RhodesKing-q4r
@RhodesKing-q4r 4 ай бұрын
Miller Karen Lopez Ruth Thomas Sarah
@PriceTina
@PriceTina 4 ай бұрын
Wilson Maria Wilson Lisa Lopez Daniel
@MorrisonOscar-u6l
@MorrisonOscar-u6l 4 ай бұрын
White Robert Taylor Joseph Jackson Shirley
@Uncledisheveled
@Uncledisheveled 5 ай бұрын
This answers nothing
@WithoutRecourseUCC
@WithoutRecourseUCC 5 ай бұрын
Thank you for this episode. Best Regards
@LeteishaBrow
@LeteishaBrow 6 ай бұрын
Dont like it get the fuck out then
@deeneirowilliams9479
@deeneirowilliams9479 7 ай бұрын
Just Totally, Disrespected The African, In America!!!🤷🙏👉⚖️🤔✌️
@shadowlutz
@shadowlutz 7 ай бұрын
What if a child’s father dies and that father was remarried and the father has established paternity by the state and is currently under an order to pay child support, can the custodial parent go after their estate?
@ramoeneg7874
@ramoeneg7874 7 ай бұрын
That's right attorneys, protect those jobs. AI is trying to turn u guys into glorified court clerks.😂😂😂😂
@Kavyaali99
@Kavyaali99 8 ай бұрын
In Alabama, I was told that I need to undergo gender reassignment surgery. I do want to have the surgery, but I can't afford it. I have to pay for college and also for the surgery, and it's not the way I had hoped to do it. I want to finish college and still be able to go to medical school.
@johngrafton6868
@johngrafton6868 8 ай бұрын
When I die, my daughter is POD on bank accounts. Why should I worry about past bills?
@lilyvonz1854
@lilyvonz1854 5 ай бұрын
Because in some states the creditors take precedence over the recipient. So long story short she would become personally liable for your bills up to the amount that was in that account. Talk to your attorney
@tristanthedarkstar
@tristanthedarkstar 8 ай бұрын
if someone takes an image and it is altered significantly by AI does it not cease to be their likeness? I believe it was found that if it is altered significantly or is considered sufficiently "transformative" it can be used or am I wrong? As an example: If I make an AI influencer on instragram based on let's say actress Emma Watson, but with a different name and an AI has generated an avatar inspired by Emma Watson... with significant alterations: changes to the nose, different eye color, changes to jawline, significant body changes, different hair color, etc--though someone may look at it and say it reminds them of Emma Watson or maybe it looks like her, it nevertheless has been altered into something else or transformed at least. And then that person uses the AI to then sell naked photos of this AI influencer...is that a legit cause of action or otherwise something to be sued over? They are not claiming to be her and the differences are significant.
@poopertrooperz
@poopertrooperz 8 ай бұрын
Basically, Japan will rob you of your hard earned money
@mastersbusinessalliancetrust
@mastersbusinessalliancetrust 8 ай бұрын
Would love to get on the show and explain how the IRS code and trust law really works.
@ActecOrg
@ActecOrg 8 ай бұрын
If this is your expertise, please learn more about becoming a Fellow of the College at actec.org/membership. This series' content and presenters are byproducts of ACTEC's professional programs during national meetings.
@onewiselady6412
@onewiselady6412 2 күн бұрын
Brendon !!! 😂
@jcepri
@jcepri 9 ай бұрын
My sister was the main caretaker for my 90+ year old father who created the will when he was 93 year old. He told me she would threaten to leave him care for himself if he didn't leave her more than me and my siblings, so he did. He told me she would get in his face and scream at him. But how can you prove it? He's dead, and so is my argument. I tried to record him telling be about it unknowingly so I could report abuse, but he wouldn't have gone on the record, even if I had called a social worker. The bottom line is, my family is destroyed because of this. No one talks to each other. We ALL went separate ways.
@JoshuaNolt
@JoshuaNolt 9 ай бұрын
Does it only work for celebrities
@SharkVisionStudio
@SharkVisionStudio 9 ай бұрын
for the mannerisms and such things- are you saying that if i put on a skit similarly to SNL in a state that has this statute protecting mannerisms i cant make money off my skit? How does that work? And just general image protection question- if i take a picture of a famous person and sell it to the tabloids like a paparazzi is that still legal, and if so whats the difference between a photo and an artistic rendition? ive seen people get into wars over whats legal when an artist sells a picture they painted and the artist gets a DMCA or something of that effect. How can a tabloid sell images in a magazine but an artist cant sell a painting?
@aaronbell497
@aaronbell497 10 ай бұрын
If that is all she experienced, she has been through nothing. Pennsylvania's courts are in the 1930s. It's very bad here.
@parisevony2
@parisevony2 10 ай бұрын
How does this affect Texas state law? That's what I searched
@BEASTALLEYESONME
@BEASTALLEYESONME 10 ай бұрын
It's f*** up or should I say sad how ppl or even your own blood. THE TRUSTOR, 😎🦾 WHICH IS I. With the help of God I will manage to get everything that was lost n taken from me and thankful for achieving process my goals as a framing construction worker building foundation 😎🦾🏗️🛠️
@BEASTALLEYESONME
@BEASTALLEYESONME 10 ай бұрын
I will like to get my information regarding this video, I HAVE BEEN MY OWN PERSONAL INVESTIGATION, AS A CRIMINAL JUSTICE COLLEGE GRADUATED 2 YRS
@AlexShantyOldLawModel
@AlexShantyOldLawModel 10 ай бұрын
Can you add you provisions to the Traditional Law Model Interdiction Trust with registered DPOA to avoid health care agent crime?
@AlexShantyOldLawModel
@AlexShantyOldLawModel 10 ай бұрын
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@JayButler-e3x
@JayButler-e3x 10 ай бұрын
Regarding the ACTEC - The American College of Trust and Estate Counsel “Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift Trusts” Around 4:20 into your video you stated, “Some of these structures have been theoretically copyrighted over multiple years.” Response: When one verifies the copyright, which has been available in the public domain for decades, it is not theoretical. Around 4:25 you stated, “There are claims that there are tens of thousands of these out there in existence.” Response: Would you care to say that to the faces of the more than 60,000 clients who have and use them? Around 4:30 you stated “They claim that attorneys and accountants and other folks have worked on these types of structures.” Response: Attorneys drafted the instruments and enrolled agents, accountants and tax attorneys file the 1041 tax returns. Around 4:50 you stated “You can either completely avoid or at least defer capital gains tax.” Response: Perhaps you should have read the entirety of IRC § 643 wherein, for example, subsection (a)(3) Capital gains and losses “Gains from the sale or exchange of capital assets shall be excluded to the extent that such gains are allocated to corpus and are not (A) paid, credited, or required to be distributed to any beneficiary during the taxable year, or (B) paid, permanently set aside, or to be used for the purposes specified in section 642(c).” Around 5:00 you stated “The argument is made that if you set one of these trusts up, creditors can’t get to it, even if you set it up for yourself or if you’re the one primarily funding it.” Response: You changed from commenting on a non-grantor trusts with spendthrift provisions to grantor trusts which are not afforded the same protections. This is deceptive and misleading at best. Around 5:25 you stated “If you’re in a special state, what we call an Asset Protection Trust jurisdiction, an APT jurisdiction….” Response: Properly drafted Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift Trusts are not formed under state law, but are created under your “right to contract” as enshrined in Article 1, Section 10 of the United States Constitution. You changed the subject in your argument, again, and talked about trusts formed under state law and not under contract law. Around 5:44 you discuss “If you set-up a trust for your yourself, you are not protected from creditors.” Response: The said Trusts in question are not set-up by yourself, for yourself or your own benefit. You are making arguments that have nothing to do with the topic at hand. Around 5:55 your stated “What if your parents set up the trust, but you’re the one funding it?” Response: Doing so would violate arm’s length rules or the Laws of Attribution and, again, have absolutely nothing to do with a non-grantor trust which is not self-settled, which was supposedly the point of your video. Around 6:01 you stated “You can only protect other people and/or third parties when you set up the trust.” Response: The Trustee holds legal title while the Beneficiary holds equitable title, which is why (among other reasons) in a properly drafted non-grantor irrevocable trust, both the Trustee and the Beneficiary are protected from judgment creditors as neither parties have both legal and equitable title. Thank you for validating the efficacy of the said Trust - despite the incorrect application of the argument. Around 6:40 you stated “If those assets are subject to the rights of creditors, it’s not a non-grantor trust. It’s a grantor trust, meaning you’re paying taxes on it.” Response: “Why are you discussing Grantor Trusts in a video which is supposed to shred the efficacy of non-grantor trusts? Your arguments have nothing to do with the very subject matter you purport to discuss? Around 6:52 you stated “Creditor protection comes when you fund and set-up a trust for somebody else.” Response: No-shit Sherlock. Through minutes 7-9 your parroting IRS Memorandum AM 2023-006 like an echo-chamber. Response: You are alluding to § 61(a) which defines “gross taxable income” and § 63(a) which defines “taxable income, after deductions”. You then JUMP to section § 643 (a)(3) and others in an attempt to invalidate their unambiguous language all the while skipping the wording at the very beginning of § 643 which reads, and I quote: § 643. Definitions applicable to subparts A, B, C, and D (a) Distributable net income For purposes of this part, the term ‘‘distributable net income’’ means, with respect to any taxable year, the taxable income of the estate or trust computed with the following modifications- What part of MODIFICATIONS to the previous definitions in the code eludes you? Around 8:33 you stated “What DNI (Distributable Net Income) is telling us - what § 643 is telling us - is whether this capital gains tax, or that other type of taxable income, whether is should be taxed at the trust level or the beneficiary level.” Response: Exactly! The said monies are not taxable to the trust and are (basically) only taxable to the beneficiary to the extent that the beneficiary receives a cash distribution from the trust. Around 9:38 you stated, “Here’s the problem for the people playing the audit lottery.” Response: You make assumptive and presumptive statements with other people’s intentions based on arguments that having nothing whatsoever to do with the very topic you are purporting to cover. Around 9:42 you stated, “Not only could the IRS find you…” Response: This is fear porn! Not only do you FAIL to state “what it is” the IRS would allegedly be seeking to find someone for, nor how a properly drafted “Non-Grantor, Irrevocable, Complex, Discretionary, Spendthrift Trust” fails to comply with any section of the Internal Revenue Code, you chastise your viewers “as if” they are already doing something which is somehow illegal and unlawful. Around 9:42 you state, “Whether (the Trust) is correct or not, it's possible you will show up on that list (with the IRS) and their could be not only back taxes owed, but potentially some large penalties and significant interest.” Response: So, now you’re claiming there is “a list” the IRS is compiling for people who legally and lawfully make use of the IRC to their advantage? Not that I would put the IRS past doing this, but where is your evidence for such a claim? You don’t provide any. Around 10:30 you asked “GPT… Can a non-grantor trust be used to defer income tax? YES!” Response: You go on to speak of a Grantor Retained Annuity Trust (or GRAT) to prove your argument that Chat GPT was wrong, but this too is a grantor trust and NOT a non-grantor trust. Around 11:15 you stated, “If you do your own research, it’s very likely you’re going to get the wrong answer.” Response: You sound like the discredited lame-stream media. "Don’t research things for yourself, don’t study, OBEY, and do what we tell you." People are smarter and far more awake than you give them credit. CONCLUSION: "Logic is an enemy and the truth is a menace." 1.) Don’t believe that properly formed trusts with spendthrift provisions work -> because self-settled grantor trusts designed for your own benefit may not protect you. 2.) Don’t believe that non-grantor trusts could help you to reduce or eliminate tax liabilities -> because GRANTOR trusts don’t do that. 3.) Don’t do your own research by reading and understanding the IRC (Internal Revenue Code) correctly like Chat GPT did -> because my non-sensical answer surrounding a grantor trust, which was irrelevant to the discussion at hand, is all you need to know to feel scared.
@ThePike57
@ThePike57 10 ай бұрын
What a phenomenal rebuttal. Well done.
@mastersbusinessalliancetrust
@mastersbusinessalliancetrust 8 ай бұрын
As a fellow distributor of these trusts, you saved me a lot of needed effort in rebutting another fear mongering video from yet another “expert” trying to sell his own services. Well done.
@IntelligentBanker_JMR
@IntelligentBanker_JMR 8 ай бұрын
I know he's seeing these comments. Shout out to Nelson Nash. But especially S/o to Nelson 165.
@100mangroper
@100mangroper 10 ай бұрын
lol
@MrChuckwagon55
@MrChuckwagon55 11 ай бұрын
What happens to the POD money if the beneficiary child dies before the mother? Does it go back to the mother?
@lialuvyaa
@lialuvyaa 11 ай бұрын
i love this video, thank you soo much🫶🏽 7:30
@JudyHaley-h6r
@JudyHaley-h6r 11 ай бұрын
Can an inherited IRA go into a special needs trust
@AlexShantyOldLawModel
@AlexShantyOldLawModel 11 ай бұрын
We want to avoid dysmorphic corporate trustee thieves with forgery proof NICER Premium Legal Instruments. Your older clients approve NICER recorded titles, Arbiter Monitored pink slip distribution, Mentored Titles, and Delivered inheritance and interdiction Legacy wealth transfer plan.