FYI a Plan without NICER FEDS Prebate or Probate Latin Law Crime Interdiction Administration is a steering wheel without a car. Clients install a Title Holding RLT SOP to fund, record, defend, validate and certify Schedule C Counterfeit Free LLC. Dispatching Law and Guilory Inheritance 837PC Citizen Responders to arrest trusted legal advisor warned, Ledger monitored, and allied legal professional Trust Guardian exposed financial elder abusing domestic terrorist Trust forgers. inventory, appraise, mentor grantor, coach trustees, referee grantee, transfer, distribute, settle in a pro bono trust reading.
@dermnc3904Ай бұрын
More sessions like these !! With real life examples for the 10 , 20 , 50 M estates
@TheManOfTheHourEveryHourАй бұрын
Flagged for promoting money laundering 😂😂😂
@IAmFrankieA2 ай бұрын
You guys are awesome! Thank you for sharing this!!!
@stefanodolomas25362 ай бұрын
You guys are great
@ericchen12052 ай бұрын
Good video. The key point is that with the A-B revocable trust structure, the bypass B trust won't get step-up on cost basis when the surviving spouse passes away, but I see one aspect not mentioned in the video - the Bypass B trust is an irrevocable trust and all appreciation and growth after the 1st spouse die will be exempted from the estate tax when the 2nd spouse die. Though the cost basis is not stepped up, but saving 40% estate tax I think beats the capital gain tax on on the growth and appreciation, make sense? Of course you can assume entire assets without AB trust splitting is below the estate tax exemption amount by the time the 2nd spouse passes away, but that is for small estate size and hoping the government won't further changing the law the reduce the exemption from the 7 millions (after 2025 sunset) to like 1 million as Biden suggested. Plus people now usually structure their living trust with disclaimer option to allow them to decide how much if any to disclaim into B trust anyway for added flexibility.
@srikanthk57693 ай бұрын
One of the best i ever heard about estate planning
@living.in.sandiego4 ай бұрын
Great information
@JoseGutierrez-vz4tj4 ай бұрын
siyoestoyesperando.esahayudaqremeresco.comopersonadelaterseraHedadqremeayudenporqreamis67an̈ostodabihatrabajandoparaelplehadorqrelehetrabajado21an̈oshiyoteniendomas700enpresahitodoslosmiyonesqremeacaparadoelgobiernofrandedelsegurososialelfederalAyaRenhiyotodabihatrabajandoporqrehochosientosmedancomoRetiradoyoboyaunahofisinahinomedanunarespuestatodoelgobiernoseanbilentatadomiderechosumanosyonopuedocasileerapenasmedefiendoconlopoqritoqreaprendi6mesesaprendienelejersitodeelsalvadorporqreandabacomosoldadohidespuesqresalimeagarrolagerriyaqrehibahaprendersilaunicamisionerasalirconvidaluegomevinedemipaisdespuesqreterminolagerranoabiyanadaenmipaisposgerratodomundoteniaarmassedidicabanharobarlopoqritoqreconsegihaenunnegosiow.qretenihaunminisuperperomehasaltabanastatresbesesalasemanaporesoestoyaqribengoaqrimemetoatrabajarparamantenerhamifamilihaperoganabapocoperoyoprehocupadon odormihadesiayonoqrierosercargadelgobiernoyotengoqresalirhadelanteenestepaishimirentenihautelefonochikitodecrikekpaga25hutelefo40dolareshiconesoenpeseamensajiarhigarreunaexperiensihaqreresibidetodoelmundolajenteqremehayudoacserhin duarabeshi c resiperotodoloqreetrabajadonomelianpagadoporqrekayienenunabolade5rande
Using the irrevocable trust as the solution to reduce estate tax may not be worth the ongoing admin trouble (filing tax return on the irrevocable trust), the cost of corporate trustee, and the high income tax brackets for the assets in the irrevocable trust.
@kennethguilory5 ай бұрын
We the clients are fed up with high-net-worth inheritance thieves who change our documents when we're too vulnerable to reach out for help. So we will hire NICER authorized Administration Lawyers who defend families with the forgery proof NICER validated and certified administration 33-year reformed Latin Law Model Interdiction Trust. Arriving in a few months to avoid financial elder abuse.
@JenniferTyler-n9w5 ай бұрын
Do unto others
@AlexShantyOldLawModel5 ай бұрын
We the Grantors, Legals, and Law thank the Ethical Estate Planners who Caveated the Trust is used by inheritance thieves to steal Grantees Legacies. Distinguishing themselves in September among their peers advancing their careers to Notary Index Crime Enforcement Registry Authorized Forgery Proof Administration Lawyers. Elevating the profession to Pro Bono backup Global Prebate Probate Arbiter Trust Advisors earning 850% more than Estate Planners, permission ledger interdicting Financial Elder Abusers. In the spirit of Civics, Civility, and Collaboration with Clients Coaching on Empire College School of Law Pragmatic KZbin Posts. Adding dozens of security provisions to plan, record, fund, appoint guardians for minors, prevent conservatorships, draft medical directives and NICER forgery proof permission ledger validated interdiction Trust, monitor, warn trace detect, dispatch Sherries and NICER to respond to and 837PC restrain Trust forgers, transfer, distribute, and settle peacekeeping administrations. With histories most relevant Legal Niches FinCEN Validated and NiCER Certified Hollywood Style Trust Readings,
@AlexShantyOldLawModel8 ай бұрын
Please consider putting clients needs ahead of your own needs installing NICER Traditional Law with Permission Ledger Allied Legal Professionals in July to install the 33 year Reformed Law Crime interdiction Administration. In July to forgery proof inheritance and legacy wealth transfer for average Administrations to Billionaires estates. To protect vulnerable seniors and Special needs children with Notary Index Crime Enforcement Regulators. NICER Collaboration with FinCEN Financial Crime Enforcement network FinCEC.
@IlonaJosiane Жыл бұрын
Thank you for the video!!! We learn a lot from you! Thank you!
@marguithalocks9874 Жыл бұрын
Marguitha Locks
@AlexShantyOldLawModel5 ай бұрын
Marguilory Rocks!
@oldtimer427 Жыл бұрын
Dudes a scammer and POS. This is hilarious !!
@knpstrr Жыл бұрын
So less than $25M-$26M we can use legal zoom
@AlexShantyOldLawModel5 ай бұрын
No please don’t greedy trustees and thieves use these to steal our wealth when we’re vulnerable, hire a Prebate Probate Arbiter Trust Advisor. They put their clients needs ahead of their own with a Nickel or Dime solution to the Estate Plan crime and Litigation Quarter.
@knpstrr Жыл бұрын
I like the idea of a long term legacy where money is used to enhance the lives of descendants. Where even low interest loans could be taken and paid back to help heirs get ahead in life (school, housing, business) but not have them feel entitled and retire at 30, never really working a day. That isn't healthy.
@jvolstad Жыл бұрын
I'm leaving most of my estate to charity. Even now I have started.
@AlexShantyOldLawModel5 ай бұрын
So are we!
@romanhut2917 Жыл бұрын
You arise yo kids to be hard working . Show them how hard you worked for that home . Teach them the value of owning something out right .so they will hold what you’ve let them in high regard .
@anthonyeaster362 Жыл бұрын
🤝📈
@alliesteamc35462 жыл бұрын
May we ask what is the difference between “estate of David X” versus “david trust” vs “ david living trust” after the grantor dies how does one refer to what the deceased person person left?
@deborahramaphala90562 жыл бұрын
Pls do more u tube video which are structured what to fo to open the trust how to structure
@bruce79922 жыл бұрын
I am 60 - thanks for the council
@deleoora45412 жыл бұрын
What property doesnt go through probate court?
@faramarzmokri91362 жыл бұрын
I was in a family meeting that the 5 family members with substantial wealth were discussing how to set up a structured fund so that after all the family members are passed away their fund continue to support a group of select individuals and or families with financial need by lending them money without interest in return of a simple honorary and promissory note that if and when they stand on their feet and start earning money to return the money to the fund and if they can without any obligation to help one or more needy individuals or families the same way they were help when they needed to come out of poverty to improve their chances of success in their lives. All of the family members unanimously voted that they did not want to give to charities that the executives work for salaries and bonuses ( like good will executives ) . What would be the way for this family to structure a trust fund that after all the beneficiaries are passed away the fund will continue to provide for the needed individuals or families chosen by a trusted guardian( s ) that could work for the fund on voluntary basis without asking any compensations? I thought to share this story to get ideas. assed the fumoney
@philipingram16672 жыл бұрын
I agree about having an independent non interested fiduciary - three sons in my family (I am #2) and oldest had power of attorney - wanted to settle old scores that he felt was part of the process. Also took Dad from his home state (with 3 living siblings) back to brother's state and put him in retirement home - Dad knew no one for the last three years - other than my brother and his family. Sad what happens - could have been handled better with a non family member calling the shots in my view.
@marycoffey24492 жыл бұрын
There really is no right or wrong issue because I have seen situations where there was only one involved and the accountant and attorneys fought and would not give up. I have seen strangers be representatives and never talk too the one that suppose too get the inheritance. I have seen people say they love there children and give them nothing. I have seen people inherit trust and want the money so the attorney gives them 10 percent and the attorney gets 90 percent. Take this advice too heart. Give it too the person before you die otherwise the greedy ones will come. And never treat your children like there not worth your money. Your children are apart of you. When you die your giving it too yourself because there your flesh.
@arbiewebbjr1686 Жыл бұрын
I wanted to be legal representative of my late mother’s estate. Every single sibling agreed except one. I ran out of money and quit.
@Robert-xv9ge2 жыл бұрын
So leaving the a "legacy" means force your kids to enter into business they may not want to...such as leaving properties and forcing them all to cooperate in a rental business so they can get smaller amounts? Why not just write your will that would allow anyone who wants the property(s) to buy them at a discount from their siblings. Then those who want to have a legacy, do and those who don't won't. Rarely a good idea to PUSH your ideology on anyone, including your own grown kids.
@loveyliv9888 Жыл бұрын
Exactly. Money doesn't change people it shows who they truly are. If you raised them right you shouldn't stress about what they will do with it. People are waking up, life IS NOT about struggling & hard work, unless you want it to be, that's your choice..don't push it on your children my goodness
@TMAG6262 жыл бұрын
Thank you for this. We had a great experience when your firm did our Family Trust and daughter's Health Care POA.
@PakiNewsNetwork2 жыл бұрын
You've become my personal hero, Sir.
@Burps___2 жыл бұрын
Attorneys love keeping their fingers in the family funds by “legacy” plans. Their nightmare is exactly what is described here: the kids come to town and leave with their portion of the assets, never to be involved with the local lawyer again.
@drott1502 жыл бұрын
Exactly. And most ordinary people don't leave a fortune behind big enough to ruin their kid's lives, especially if they end up in a nursing home, which most do in the end (and eats up their estate before they die). The sense of value, responsibility and wisdom your kids will have as adults will - _or will not_ - be imparted to them as children by their parents before they become adults. You can't structure those things into an estate plan once you're an aging parent. Your kids will have those qualities instilled within or they will not. No lawyers and their parasitic fees required.
@shelleysedwick5 ай бұрын
It’s clear from your comment above you’ve never actually seen how much an inheritance can kill a young adults work drive. It’s pretty sad. This is a good video to start the inheritance conversation.
@shelleysedwick5 ай бұрын
Thank you for a thought provoking video. This is precisely what happened to a family member who inherited money at a young age.
@Burps___5 ай бұрын
@@shelleysedwick it’s clear from your comment that you don’t know me.
@lucybellescott75312 жыл бұрын
3:28 is important!
@goldengalsclazy2 жыл бұрын
I like your tie. Where'd you buy it? Please let me know & thanks, for this video! It's great advice!
@tom_olofsson2 жыл бұрын
Dana, what is the net worth range of your clients? This sounds like high net worth and ultra high net worth planning.
@randyhilger91142 жыл бұрын
My brother and sister took all my dads money and got a shady lawyer to exclude out of everything now i have to fight them to try and get my share my dad died 5 weeks ago.he had alzheimers etc.
@stephaniec.25202 жыл бұрын
Thank you for this; it was thought provoking and of value. Sorry if name icon comes up 2x. Computer glitch we don't know how to fix.
@ladawnemalone29552 жыл бұрын
Can a trust be formed after a lawsuit recovery
@dtom11452 жыл бұрын
When I was young the goal was to provide for my children in the event my wife and I passed. This meant money for education, healthcare and living expenses until they became of age. As we got older we saw our children evolve into hard working, responsible adults and so they are entitled to our assets when we pass. They are responsible for managing the assets for the grandkids. Anything that is left to grandkids is not done until they are 30 and have had the opportunity to show themselves. as responsible, hard working adults.
@helmuttdvm2 жыл бұрын
Your thoughts are very helpful. Especially avoiding our offspring becoming ‘trust fund babies’.
@Robert-xv9ge2 жыл бұрын
If that is truly a fear, then you didn't raise or teach your kids correctly.
@e-spy2 жыл бұрын
Wow, that was so good! thank you!
@cheatednomore64302 жыл бұрын
Thank you for the information. I am so appreciative of your video. I would only like to add a thought of concern that I have regarding choosing not to designate any money for one's successful grown children & maybe designate grandchildren and their children only. A catastrophic long term illness or accident can leave one's grown children in a possibly perilous financial position, which in turn can cause a chain of events of severe financial struggle. I can only speak for myself, but for this reason, I would leave atleast a decent/ worthwhile sum of money to my successful grown children. I look forward to looking into more of your advice on various financial estate planning topics.
@drott1502 жыл бұрын
If you can't trust your own children, then you have failed as a parent.
@trackmastersdj2 жыл бұрын
How long can a Trust litigation (probate) case remain in pre-trial/discovery stage?
@ludwig63322 жыл бұрын
I want to know what is the tax rate of assets in a trust. Is income inside a trust the same regardless of the type of trust? Anyone?
@kylebacc2 жыл бұрын
40% above about 13k. Less under. Same for all trusts but there are deductions for charity, etc. Not the whole story though. Can pass out income in same year and be taxed at beneficiary's ordinary income rate. Not legal advice.
@k.c.themarketer11663 жыл бұрын
Great video! Very Informative! If you want help growing your channel I think I can be of service! I sent you an email
@martyminer8283 жыл бұрын
We as grandparents to out of schoolers, are NOW thinking the same way. We have given to our one child's family and feel as though they expect us to help them retire at the same age we did...LOL. I think NOT.....They need to pay their own way yet and teach their own kids how to accomplish what they want to be in life...its NOT a free ride.....We have our OWN Charities that we have supported for years, and enjoy doing so....We are NOT looking to our family to care for us in our Old Age....We plan on taking care of ourselves, so as NOT to be a burden on them.....It's STILL our life AND we plan on enjoying it too the END!....Surprise! 😘 SMOOCHES. 😘
@little_mrb4 жыл бұрын
Hi This is a great man who practices estate planning for 34 years. Thank you for sharing your valuable recommendations. I know a lawyer who practices well estate planning www.bainslawoffices.com/
@stephen51474 жыл бұрын
"Planning for a lifetime" kinda got upended by the SECURE Act.
@weshoover9865 жыл бұрын
Very wise recommendations; definitely helped reframe the purpose of an estate. Thank you!