How long does a trust last?
1:49
6 ай бұрын
Estate Planning Horror Story #2.
3:23
Пікірлер
@diogoramiro3987
@diogoramiro3987 40 минут бұрын
so this means... that they can't come after the home because is owned by a trust? I'm new trying to understand this because I want to do this. leaning now
@joefran619
@joefran619 13 сағат бұрын
Our brother died, so we had to clear out his apartment. We took his cable equipment back to the cable company. The cable company said his cable bill needed to be paid. My sister told them Go F*ck yourself.
@VegasD702
@VegasD702 14 сағат бұрын
What about as a protection against liens and confiscation by law enforcement?
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 16 сағат бұрын
Puke we don’t want Lawyers who do their Will Jobs Well. We want NICER Authorized Forgery Proof Administration Lawyers who distinguishes themselves among their peers advancing their careers to Prebate Probate Arbiter Trust Advisors who does a Great Job defending families from Inheritance and Legacy wealth transfer Financial Elder Abusers starting around September.
@Oldskoolmiamihistory
@Oldskoolmiamihistory 17 сағат бұрын
Need more info
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq Күн бұрын
Sign #1. He’s an Estate Planner instead of Administrator who records, monitors, arbiters, funds, amends, defends, distributes, and settles permission validation ledger forgery proof inheritance and legacy wealth transfers, with free consultations, amendments and FinCEN Validated, NICER Certified Pro Bono Hollywood style Trust Readings, dispatching Citizens and Sheriffs to arrest permission ledger exposed financial elder abusing quit claim jumping title deed thieves.
@thebingbongman
@thebingbongman Күн бұрын
What is this video about you moron
@fearlesscaper
@fearlesscaper 2 күн бұрын
You just contradicted yourself. lol You say he isnt responsible to pay the debts of the estates . Gathering the assets, determining the debt, PAYING THE DEBTS ???????
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 2 күн бұрын
Good morning we like your style but a greedy trustee stole our inheritance because our Estate Planner only did it well. We need Law School Grads like Empire College School of Law who does a fantastic job at inheritance and Legacy wealth transfers, distributions, and settling Administrations during a Pro Bono Hollywood Style Trust Reading.
@ocean1233
@ocean1233 3 күн бұрын
It's NOT THAT SIMPLE
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 4 күн бұрын
We do not need estate planners who do estate planning Well and runs like a chicken when their Estate Plan cost 25% in Litigation. We need NICER Latin Law Permission Validation Ledger Interdiction Trust Administrators who do complete Prebate Nickel Administrations Fantastic. Instead of Probate Dime Administrations Well. Can you recommend anyone closer to New York than Empire College School of Law Graduates in California so we don’t have to use Zoom Meetings in September.
@XRPgeneration
@XRPgeneration 5 күн бұрын
Can you also sketch the landscape for trusts and LLSs outside of the US? Let's say offshore?
@trentrent3
@trentrent3 5 күн бұрын
Very helpful.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 6 күн бұрын
We don’t need Lawyers who do Estate Planning WELL and run like chickens when they cost 25% in Litigation. We need NICER Authorized Pro Bono backup Global Prebate System Arbiter Trust Advisors. Who put their clients needs ahead of their own and caveat the Estate Plan Trust is broken and do Administration Services GREAT. To change the Legal Industry to interdict Financial Elder Abusers. With histories most relevant Legal Niche, Notary Index Crime Enforcement Registry Coaching and Pragmatics across Estate Planners and Empire College School of Law KZbin Posts.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 8 күн бұрын
Excellent information even from an Estate Planner who hasn’t yet distinguished himself among his peers advancing his career to a FinCEN Validated forgery proof and NICER Authorized counterfeit free Pro Bono backup Global Prebate System Arbiter Trust Advisor. Earning 850% more than an Estate Planner defending families from Estate Plan forgers and no plan counterfeiters. With the Latin Law Structured Added services including NICER Permission Validation Ledger Interdiction upgraded Living Trust going remote in September.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 8 күн бұрын
We want the RLT credited and upgraded to interdict inheritance thieves who use it to victimize Grantors and steal steal Grantees legacies starting in September. We want the FinCEN Validated forgery proof NICER Certified counterfeit free Latin Law structured permission validation ledger Interdiction Trust. From the Pro Bono backup Global Prebate System Arbiter Trust Advisors please. Grantor Parents will happily pay a Prebate Nickel or Grantee Beneficiaries a Probate Dime to avoid the Estate Plan Trust Crime and 25% Litigation Quarter.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 10 күн бұрын
Your older Fellows and Pragmatic Clients agree. They also say don’t get the Estate Plan Financial Elder Abusers and Trust thieves use to steal your clients homes. You’ll want to credit your older clients forgeable estate plans towards a forgery proof counterfeit free Latin Law Model permission validation ledger interdiction trust Prebate System complete administration. Costing Grantors a Prebate Nickel or Grantees a Probate Dime. For dozens of security services above and beyond the Estate Plan arriving in September. When NICER Global Prebate System connects millions of Jobs in Justice defending families from Estate Plan forgers and no plan counterfeiters. With the Notary Index Crime Enforcement Registry Team of Millions of Pro Bono backup Prebate System Advisors. So your clients can move and you can retire with Fiduciary Peace of mind. Your fellows will be happy to complete your administrations for free to enroll the next generation of Prebate or probate clients.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 10 күн бұрын
Although we appreciate your honesty your Pragmatic Clients disagree, inheritance and Legacy thieves use these to steal our legacies when we’re vulnerable. Plus a Trust has dozen of other benefits like appointing guardians for minors, preventing Conservatorships with included DPOA, includes medical directives, forgery proofs inheritances, counterfeit frees Legacies, and appoints a Global Team of Prebate Trust Advisors to protect clients from quit claim jumping financial elder abusing title deed thieves. So the Latin Law Model Interdiction Trust has dozens of services above and beyond the Estate Plan. And Prebate Nickel or NICER Probate Dime beats the no plan counterfeiters and Estate Plan Forgers Litigation Quarter.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 10 күн бұрын
Good morning your senior Legals and Pragmatic Clients are recommending a forgery proof warrantee deed, defended in the Notary Index Crime Enforcement Registry. To Prebate System permission validation ledger avoid quit claim jumping title deed thieves with a counterfeit free Latin Law Model Interdiction Trust. After they distinguished themselves among their peers advancing their careers to NICER approved Prebate Trust Advisors. Earning 850% more than Estate Planners, avoiding the Estate Plan Litigation Quarter with a NICER Prebate Nickel or Probate Dime. Backing a Team of millions of Global Prebate Advisors so clients can move and Legals can retire with Fiduciary Peace of Mind.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 10 күн бұрын
Good morning Citizens Law and Legals are sick and tired of Estate Plan Financial Elder Abusers, so they’re installing millions of Jobs in Justice to fix it. Legals will distinguish themselves among their peers advancing their careers to Notary Index Crime Enforcement Registry authorized Prebate System Arbiter Trust Advisors, earning 850% more than Estate Planners. Installing the Latin Law Model Interdiction Trust Permission Validation Ledger Forgery Proof Inheritance and Legacy Wealth Transfer, Fundings, Amendments, Distributions and Settled Administrations. Parents pay a Prebate Nickel or Grantees pay a Probate Dime to avoid the Estate Plan Crime and Quarter 25% Litigation. Elevating the profession and credibility with histories most relevant Legal Niche, NICER coaching and pragmatics across Estate Planners and Empire College School of Law KZbin Posts.
@jorgevelasquez9955
@jorgevelasquez9955 10 күн бұрын
Can you use your IRA for a trust and are there any tax benefits? Avoid differed taxes?
@heavenlybites7177
@heavenlybites7177 10 күн бұрын
Great video! Are you familiar with Illinois law? I named an executor who is also beneficiary in my will. Does that take care of his ability to sell my condo and avoid probate? I also have him as beneficiary on my bank accounts. Will these avoid probate or should I go to TOD or a revocable trust as you mentioned? I don't have alot really at all except for the possible profit on my condo
@alijaffery7735
@alijaffery7735 10 күн бұрын
How do I avoid them having to pay property taxes? Lets say they aren’t earning enough money to pay the property tax bill.
@jorgevelasquez9955
@jorgevelasquez9955 13 күн бұрын
say you make 50,000 on that charitable asset for year 1...How is that taxed?
@CMSLawFirmLLC
@CMSLawFirmLLC 12 күн бұрын
Taxed as investment income (essentially) and reported on a k1.
@thecarlitosshow7687
@thecarlitosshow7687 13 күн бұрын
Will the owner of the property get tax reassessed if he puts a non relative as the main trustee in a living trust before the trustor dies?
@CMSLawFirmLLC
@CMSLawFirmLLC 12 күн бұрын
Depends on the state. I'd check with an attorney in your state to make sure (most of the time, no, so long as beneficiary remains owner).
@jonlee6114
@jonlee6114 17 күн бұрын
What a truly horrible disservice you’re doing here, spreading misinformation and talking your own book.
@CMSLawFirmLLC
@CMSLawFirmLLC 14 күн бұрын
I didn't mention a book I don't think. I don't have a book... that's why I'm sure I didn't mention a book. Cheers.
@jonlee6114
@jonlee6114 14 күн бұрын
@@CMSLawFirmLLC “Talking your own book” is a well-known phrase 🙄 that means giving biased opinions to sell your own product/service.
@jonlee6114
@jonlee6114 17 күн бұрын
Since Medicaid Asset Protection Trusts are perfectly legal, could you clarify why you label them a scam? Also, how is a life insurance policy with a long-term care rider cheaper when $1 million policies can cost around $10,000 annually over decades? Please explain.
@CMSLawFirmLLC
@CMSLawFirmLLC 14 күн бұрын
I think I did a good job of explaining it in the video - which is over 6 years old at this point - but I don't remember specifically what I've said. I've since made other videos on medicaid trusts - I'd encourage you to check those out. Thanks for the thoughts - appreciate you.
@jonlee6114
@jonlee6114 14 күн бұрын
@@CMSLawFirmLLC Since you forgot why you called it a “scam”, I’ll refresh your memory: 1. **Assets Out of Your Name**: Yes, you need to transfer assets into the trust, which means relinquishing direct control. This step is crucial for protecting these assets and qualifying for Medicaid. With proper planning, the risks can be managed effectively. 2. **Usage Restrictions**: The trust has specific rules on how assets can be used, but these rules ensure compliance with Medicaid. Proper legal advice can help navigate these restrictions without much hassle. 3. **Five-Year Look-Back Period**: The five-year look-back period is standard to prevent last-minute asset transfers. It encourages early planning, which is not fraud when done correctly. It’s about being proactive and compliant with Medicaid rules. 4. **Cost and Complexity**: While setting up a Medicaid trust can be expensive (around $10,000), dismissing it as a scam ignores its substantial benefits. These trusts can protect significant assets from being spent on long-term care. 5. **Your Alternative Recommendations**: Long-term care insurance and life insurance with a long-term care rider are viable alternatives but come with high costs, especially for those over 70. These policies often end up being more expensive than setting up a Medicaid trust. Medicaid trusts require careful planning and come with some costs, but they are a legitimate and effective tool for asset protection. Your alternatives, though valid, can be prohibitively expensive for older individuals. The flaw in dismissing Medicaid trusts outright is that it oversimplifies their benefits and the strategic planning they require.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 17 күн бұрын
Good morning thank you for your honesty, anonymity thieves steal Legacies with LLCs when we hide from widows and orphans and run from slip and falls. Inheritance thieves steal our homes with RLTs, and Estate Planners run like chickens when it cost 25% in Litigation. Get a Forgery Proof Latin Law Model Interdiction Trust. With Permission Ledgers to avoid Estate Plan Forgers and No Plan Counterfeiters. Validation and Certification avoids crime with an Interdiction Trust Advisor trained by Empire College School of Law Pragmatic Ancestor Client Elder Grantor Grandparents Pragmatic Posts.
@marlysmilligan3015
@marlysmilligan3015 17 күн бұрын
Thank you
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 17 күн бұрын
Good morning welcome back! Get a forgery proof Permission Ledger Latin Law Model Interdiction Trust. With a NICER Authorized Global Inheritance Crime Enforcement Network Pro Bono Backup Fiduciary Security Interdiction Trust Advisor. Trained by Empire College School of Law KZbin Posts to Permission Defend, Registry Record Grantors and Grantees, Ledger Monitor, FinCEN Validate, and NICER Certify crime free inheritance and legacy wealth transfer, funding, amendments, distribution, and settled administrations to avoid Financial Elder Abuse. NICER CAVEAT inventory, appraise, gift small expensive items and weapons legally before they march.
@alexthompson9876
@alexthompson9876 20 күн бұрын
It’s a good thing I saw this I almost went over 😅
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
You're welcome! :)
@MelissaCWilliamskidsinbiz1
@MelissaCWilliamskidsinbiz1 20 күн бұрын
Can someone set up a dba of your sole proprietorship or llc change the address and gain control of the businesses?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
No. They could set up a separate account as a dba with the same name... but your name is on your account.
@robyee3325
@robyee3325 20 күн бұрын
What about irrevocable trust? Does it makes sense to have more than one irrevocable trust?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
It definitely can. It just depends on what you're trying to do...
@deborahwhit118
@deborahwhit118 21 күн бұрын
That is a lie. If i sell the house the money still is mine unless i die.
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
If you give your house to your kids it is no longer your house... that's what we're talking about here.
@BlueNEXUSGaming
@BlueNEXUSGaming 22 күн бұрын
Obvious question: What is the exception you mentioned involving wanting to have multiple revokable living trusts? PS: Remember to update this video with a URL directing people to that video response that you mentioned you would do regarding this topic.
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
If married and had a lot of separate property that might be a good idea. If you had a business and you wanted it handled a specific way, privately, or with a different trustee, it might be a good idea.
@BlueNEXUSGaming
@BlueNEXUSGaming 18 күн бұрын
@@CMSLawFirmLLC You're doing amazing work with all these videos, keep up the amazing work!
@BlindSquirrel425
@BlindSquirrel425 22 күн бұрын
Ridin’ with Biden 2024! 💙🇺🇸⚡️
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
good to know... :)
@andremckenzie7338
@andremckenzie7338 22 күн бұрын
Question, let's say I have a trust that was created in the United States and also have a property in Jamaica, can I put that international property in the trust that was created in the United States?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
I'd advise against it until you talk to a Jamaican attorney. The rules in different countries can be VERY different with BIG tax consequences. The key is to learn what each country's laws are and make decisions from there.
@BlackStallionGT
@BlackStallionGT 22 күн бұрын
If someone worked for a corporation, say a church.. and early on in their career, they made a will, with a lawyer having the church as a client... and the church gives itself a large portion, like 40 percent... would that qualify as duress?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
Probably not. Did the church somehow pressure the person to give the pledge the money (like "if you don't do this you're fired")? That's duress. People give to their church all the time. Wouldn't necessarily be a red flag for me.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 23 күн бұрын
Since the power of attorney is the most dangerous document in the world initialed by inheritance thieves to steal our legacies. Please put your clients needs ahead of your own and Caveat the Archaic Estate Plan opens the door to inheritance thieves who steal clients homes. And please make sure our legal documents are FinCEN Validated NICER Certified with the NICER approved Global Prebate System Arbiter Advisors. We want our wealth transfers Permission Defended, Registry Recorded, Ledger Monitored, US Treasury Financial Crime Enforcement Network Validated and Notary Index Certification Enforcement Registry Certified. To avoid the inheritance and legacy wealth transfer, distribution, and settled Administration Thieves.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 24 күн бұрын
Good morning Mr. Small Ancestor Client Elder Grantor Grandparents Citizens, Legals, and Law Caveat we don’t need lawyers doing Archaic Estate Planning well. We need Global Pro Bono backup Permission Ledger Interdiction Administration Advisors transferring titles, distributing inheritance and legacies, and settling administrations and doing it great. To permission defend, registry Record, Ledger Monitor, FinCEN Validate, and NICER Certify our Successors. We the Clients want you to prevent Archaic Estate Plan Financial Elder Abusing Trust, Will, and Power of Attorney Title Deed Thieves. Who are changing documents when we are vulnerable to steal our homes costing 25% in Litigation. So we want the Successor Client Heir Grantee Beneficiaries structured administration services on Empire College School of Law Pragmatic Posts.
@VirginiaBluesOG
@VirginiaBluesOG 24 күн бұрын
What if they committed POA ABUSE and are hoarding the death certificate from the only POD Disignation. The bank account was setup without my valid address or knowledge and they knew damn well I have no valid Id(the health department). I might have to move forward with a wrongful death claim on my mother if this is what happens over at Wells Fargo
@julielemoine3954
@julielemoine3954 24 күн бұрын
POA won’t help you at any point after someone dies. “POA” can only be used until that persons last breath. You need to an “Executor of Estate” or “Personal Representative”. Is there anyone that was court appointed to be executor or a PR?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
You can get a death certificate from the state. So that shouldn't stop you.
@VirginiaBluesOG
@VirginiaBluesOG 19 күн бұрын
@@CMSLawFirmLLC what if they are gatekeeping dmv services lawyer up right
@VirginiaBluesOG
@VirginiaBluesOG 19 күн бұрын
The state violated my rights I rather file a lawsuit that will have a better payout any ideas
@Windfall999
@Windfall999 26 күн бұрын
Think and Grow Rich- Napoleon Hills Slight Edge- [Jeff Olson?] Money Master the Game- Tony Robins Rich Dad Poor Dad- Robert T. Kiyosaki Go Giver- Bob Burg
@Windfall999
@Windfall999 26 күн бұрын
1st video: Life Insurance and Disability Insurance. (check) [I see the pieces going into place already]
@Windfall999
@Windfall999 26 күн бұрын
Im starting at the beginning of Chris's videos and Im going to binge
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
lol - there's a lot of good stuff in there!
@Windfall999
@Windfall999 26 күн бұрын
I just need your help ASAP?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
You in WA state? That's the only place I'm licensed.
@robindennis544
@robindennis544 28 күн бұрын
If the revocable trust is a joint trust in a non-community property state does that mean the LLC is then a multi member LLC since the revocable trust is disregarded for tax purposes and therefore the LLC is own 50/50 by husband and wife?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
No. The trust is disregarded for tax purposes, not for ownership purposes. It's still a single member LLC. Just like if you are married and have a "single member LLC" created while married, it's technically community property and thus owned 50/50 - but still treated as a single member LLC.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 28 күн бұрын
We don’t care about hiding from widows and orphans we want to hide from anonymity thieves. So we’re getting real property protection from inheritance thieves. With the forgery proof NICER Permission Validation Ledger Latin Law Model recorded monitored, and certified interdiction Trust.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 28 күн бұрын
Thanks for the advise we’re getting the NICER forgery proof global Trust Advisor’s Latin Law Model Interdiction Trust to avoid financial elder abusing Trust forgers.
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 28 күн бұрын
Since greedy trustees avoids your advice we need a service team to Permission Defend, Registry Record, Ledger Monitor, FinCEN Validate, and NICER certify the forgery proof Latin Law Model Interdiction Trust. In an alternative to state administration costing Grantor Parents a Prebate Nickel or Grantee Beneficiaries a Probate Dime. To avoid the Trust Litigation Quarter, Estate Plan Financial Elder Abuse, and Trust Fraud.
@VirginiaBluesOG
@VirginiaBluesOG 24 күн бұрын
Yep
@VirginiaBluesOG
@VirginiaBluesOG 24 күн бұрын
I knew I was onto something a bunch of Fraudsters
@JudgeCommitee-ck5wq
@JudgeCommitee-ck5wq 28 күн бұрын
Dear Mr. Small what do we do when our Estate Planner promises to avoid probate, doesn’t use the NICER Permission Ledger Validated and Certified Interdiction Trust, Trust Litigation cost 25%, and our Estate Planner runs like a Chicken?
@CMSLawFirmLLC
@CMSLawFirmLLC 19 күн бұрын
I'd contact a different lawyer to try to fix the situation, I guess.