How to Set Up a Charitable Trust!
18:22
Living Trust COST in 2024 and WHY?
44:22
Tax Loss Harvesting: What is it?
20:22
Prop 19 California: What is it?
48:10
Пікірлер
@EstatePlanVictim
@EstatePlanVictim Күн бұрын
837PC Citizens and Sheriffs will arrest NICER exposed forgers, counterfeiters, dishonest scammers, spammers, and estate planners.
@EstatePlanVictim
@EstatePlanVictim Күн бұрын
Clients who know say a Dynasty Trust will be used to steal Grantees Legacies, unless we hire a NICER approved Forgery Proof Inheritance Administration Lawyer. Who upgrades the Estate Plan Trust National Institute of Certified Estate Planners ethically caveated failed. Clients advocate Notary Index Crime Enforcement Regulatory 33-year reformed Financial Elder Abuse Defense Network Arbiter Interdiction Trust, to County Fund, NICER Record, Arbiter Monitor, Trust Guardian validate, and Trusted Advisor certify a Latin Law Crime Interdiction Complete Administration, at a Prebate Nickel or NICER Probate to avoid crime and Quarter Litigation.
@EstatePlanVictim
@EstatePlanVictim Күн бұрын
thanks
@EstatePlanVictim
@EstatePlanVictim Күн бұрын
Congrats Rabalais is up to 9 mistakes that cost parent's estates 50% in Billable Litigation Hours. While the $8000.00 Estate Planners who promised peace of mind refuses to help with the $9000.00 administration, or 5% to protect vulnerable seniors and defend grantees legacies during the trip. Clients who know what we don't know want Notary Index Crime Enforcement Regulatory's 33-year reformed Financial Elder Abuse Defense Network. To upgrade the Estate Plan Trust National Institute of Estate Planners bravely caveated failed. We want dozens of provisions to arrest NICER exposed inheritance and legacy wealth transfer thieves.
@StevenLiSanDiego
@StevenLiSanDiego Күн бұрын
Thank you for this and all the other videos; with the upcoming reduction of estate tax limits; we're nearing that level and dusting off old volumes of asset transfers to minimize estate taxes Starting to do annual gifting now just to get the top off and Keep It Simple. Finished off the SNT for our adult son and considering starting to fund that with annual gifting. Question remains our rental property and desire to help daughter with her house, but unsure how to get that going while optimizing the tax consequences :D
@EstatePlanVictim
@EstatePlanVictim Күн бұрын
Good morning, Clients who know what we don't Know want more features advantages and benefits at a fair market price to fund, record, monitor, validate, and certify Inheritances. Now that National Institute of Certified Estate Planners who bravely caveated the Estate Plan Trust is broken, ask Alexa Katz and Ali Shanty and you'll get one answer. Notary Index Crime Enforcement Regulatory 33-year reform Financial Elder Abuse Defense Network fixes what we don't know. 837PC Citizens and Sheriffs will arrest Trust warned, Permission Ledger Tracked, and NICER exposed forgers, counterfeiters, and dishonest Scammers, Spammers, and Estate Planners.
@TheK9Shepherd
@TheK9Shepherd 2 күн бұрын
Since my wife and I have a minor child, if I make my brother the executor of the trust. Can there be language in the trust that says once the minor child is age of majority, they will then become the executor?
@CunninghamLegal
@CunninghamLegal Күн бұрын
Yes. This is a provision that can be incorporated into the living trust centered estate plan.
@TheK9Shepherd
@TheK9Shepherd 3 күн бұрын
Sorry. I'm nitpicking here 🙂 At time stamp of 27:35 where you talk about the difference between 1.5 mil and 200k is 300k. You said "taxes go up $3000k or more" When it should be; The new property taxes will go "up TO" $3000k or more. The way you formed the phase makes it sound like your new taxes will be an additional $3000k from what they are now. Then really, the new taxes are now $3000k or more. I know, nitpicking (sorry) :)
@CunninghamLegal
@CunninghamLegal 2 күн бұрын
Thank you for your comment. In the example, the Base Year” value increased by $300K, resulting in $3K more in property taxes per year.
@PermissionTrustPioneer
@PermissionTrustPioneer 3 күн бұрын
The Estate Plan Trust National Institute of Certified Estate Planners ethically caveated failed cost our parent's estate 50% in billable litigation hours, and the $8000.00 Estate Planner who promised peace of mind refused to help. I'll happily pay the Parents Prebate Nickel to spare our Kids the NICER Probate Dime or Estate Plan Crime and Quarter to 50% in Litigation Dollars. When NICER approved Forgery Proof Inheritance Administration Lawyers arrive in a few months from Empire College School of Law, Tree of Life Law Firm, and C/L, should they choose to accept caveating the Estate Plan failed. And deliver 100 times mor value with NICER Forgery Proof Arbiter Monitored Inheritance Administration.
@EstatePlanVictim
@EstatePlanVictim 3 күн бұрын
Clients are waking up to the reality there are dozens of services in a Notary Index Crime Enforcement Regulatory 33-year reformed Forgery Proof Inheritance Administration. Including adding the LLC to a Latin Law Arbiter Interdiction Trust to County Fund, NICER Record, Arbiter Monitor, Trust Guardian Validate, and Trusted Advisor certify inheritance and legacy wealth Inventory, appraisal, appointing guardians for minors, preventing conservatorships, medical directives, mentor grantors, coach Trustees, referee grantees, Transfer, distribute, about a 15 step Settled Administrations, and a Hollywood style Pro Bono Trust Reading, with NICER 837PC Citizens and Sheriffs arresting thieves.
@PermissionTrustPioneer
@PermissionTrustPioneer 3 күн бұрын
Parents will pay NICER who puts Legals and Lawyers needs ahead of their own 1/5 and Forgery Proof Inheritance Administration Lawyers 4/5 of a Prebate Nickel. To spare our Kids a NICER Probate dime to avoid the Estate Plan Quarter to 50% in billable litigation hours. Clients advocate Lawyers pay Podcasters and Trust Guardian Paralegals $1500.00 for estates up to one million and $2500.00 over one million in appreciation for defending each family from Estate Plan forgers. Using 1/5 for team's medical plan. Paying 1 LDA Trust Guardian $1000.00 to $1500.00, 1 Notary Trust Guardian $750,00 to $1000.00 and 2 Witness Trust Guardians $500.00 to $750.00 each.
@PermissionTrustPioneer
@PermissionTrustPioneer 3 күн бұрын
Please add a complete Notary Index Crime Enforcement Regulatory 33-year reformed Forgery Proof Inheritance Trust Administration to avoid the Estate Plan Trust National Institute of Certified Estate Planners Bravely caveated failed.
@PermissionTrustPioneer
@PermissionTrustPioneer 3 күн бұрын
thanks
@PermissionTrustPioneer
@PermissionTrustPioneer 3 күн бұрын
NICER needs you on the front line in their fight against financial elder abuse in a 33-year reformed inheritance and legacy wealth transfer.
@PermissionTrustPioneer
@PermissionTrustPioneer 3 күн бұрын
Why are Estate Planners stuck on Funding costing us 50% in billable litigation hours? When NICER approved Forgery Proof Administration Lawyers County Fund, NICER Record, Arbiter Monitor. Trust Guardian Validate, and Trust Advisor's Certify Counterfeit Free Amendments. And Trust warn, Permission Ledger Track, and NICER expose Will forgers, Trust counterfeiters, and Power of Attorney embezzlers. We want NICER 837PC Citizens and Sheriffs on-call to arrest Quit Claim Jumping, Financial Elder Abusing, Title deed Thieves? At a Prebate Nickel or NICER Probate Dime to avoid the Estate Plan Trust National Institute of Certified Estate Planners bravely caveated Failed?
@thachnnguyen
@thachnnguyen 3 күн бұрын
One is crazy to retire in CA. I live in San Jose, CA. They tax you to death. They find every which way to get money from you. They being the state and local governments. Health care ain't that great, and very expensive. If you own a house, look at what the property taxes are, despite prop 13 (because they slap all kinds of fees to your property). $1000 a month just to pay property taxes! Water, garbage, electricity costs? Just look at the bills. Sales/use tax is like almost 10% now. Gas tax is among the highest in the nation. CA is more like you come to make your money, then when you have enough, go somewhere else to retire (like Southeast Asia).
@CunninghamLegal
@CunninghamLegal 2 күн бұрын
Thank you for your comment. Retiring in California is not for everyone. It sounds like you are headed to SE Asia! Before you retire outside of California you should make sure you get your legal affairs in order for your US assets before moving.
@gigidramirez
@gigidramirez 3 күн бұрын
What would happen if a beneficiary wants to own a property (a Los Angeles county rental which the beneficiary has resided at for 30 years) that is in a trust and is going to be hers anyway, but that beneficiary wants to buy that property for herself ($230K is in agreement but property is worth $550K - a fixer) and add that money for their mother's care in the current trust? What are the ramifications for the beneficiary property tax wise and other financial issues if any? And for the trustee who handles the trust besides paying capital gains on that sale and the withholding amount? Thank you !
@CunninghamLegal
@CunninghamLegal 2 күн бұрын
There is a lot in this question and there is insufficient data to give you a real answer. The issues are whether the property is reassessed when purchased. If you are the current income beneficiary, then the answer is likely no. If you are not the current income beneficiary (it looks like it could be your mother) then the property would be reassessed at its fair market value - whatever the assessor says that is. Whether there is a capital gain depends on basis and whether the gain is exempt under IRC Section 121. **this is not legal advice** You need legal advice on this. Feel free to reach out to use if you aren’t already represented: www.cunninghamlegal.com/california-law-offices/contact/
@markjeghers4408
@markjeghers4408 3 күн бұрын
No absolutely not. This state is psychotic and corrupted Beyond repair.
@sundance2005
@sundance2005 4 күн бұрын
I have been in CA for about 35 years and love it. I am now retired and have looked at retiring out of CA but I think what I have seen here the best place to stay is here in N. California. My only complaint is the Newsom and the CPUC (in criminals in bed with the power company's) that are constantly attacking the cit of CA with increased costs in one way or another, oh I for got organized crime by the name of PG&E. Great video.
@ConcernCitizen-w1y
@ConcernCitizen-w1y 4 күн бұрын
Thanks
@ConcernCitizen-w1y
@ConcernCitizen-w1y 4 күн бұрын
Great information, now that NICEP ethically caveated the estate plan trust failed we want the NICER TRUST Latin Law Arbiter Interdiction Administration alternative to Probate. At a Prebate Nickel to spare our kids the NICER Probate Dime and Trust Litigation Quarter to 50% in billable litigation hours. With NICER 837PC Citizens and Sheriffs on-call to arrest Trust Warned, Permission Ledger tracked and NICER exposed forgers, counterfeiters, and Trust embezzling greedy trustees and thieves.
@cptcosmo
@cptcosmo 5 күн бұрын
Typical scum move by mafia government.
@ninamoreno8116
@ninamoreno8116 5 күн бұрын
❤ this. Thank you for solidifying my desire to remain in Northern CA. I'm 62 and intend to retire at 67. I am more concerned that my retirement funds will outlive me, and I will not enjoy my retirement for the 23 years I anticipate I get to enjoy it.
@JackHarkey
@JackHarkey 5 күн бұрын
Gonzalez Mary Lee David Lee Helen
@junwang4272
@junwang4272 6 күн бұрын
How about Fed tax? Even without CA Sate tax, we still need to pay Fed tax, right?
@CunninghamLegal
@CunninghamLegal 3 күн бұрын
You are correct. You are still subject to Federal income tax!
@Flygal5
@Flygal5 6 күн бұрын
This would be better if you could stick to the subject. The legal and financial aspects of staying in CA. Talking about the weather and all the parks etc is just fluff
@yaright4709
@yaright4709 6 күн бұрын
Under prop 13 the tax is supposed to go up only 2% of your last years Tax bill but that is a lie. People vote yes on bonds and now I pay an extra $800 a year. They say the money is for schools but that is what property tax is for in the first place.
@valerienail9196
@valerienail9196 6 күн бұрын
My sister retired from a California school district. When she moved out of state to Idaho after she retired, the tax professionals said she still owed California taxes, but she also had to pay Idaho taxes. Can you explain this?
@CunninghamLegal
@CunninghamLegal 3 күн бұрын
Under the U.S. Supreme Court case "Hughes v. Oklahoma" (1979) and the "Pension Source Tax Act" (4 U.S.C. § 114) (1996) states can't tax non-residents on their state pension income. This law was created after lobbying efforts and applies to pensions from both private companies and government jobs. So, if someone has a California school pension but moves to Idaho, they shouldn't have to pay California state income taxes on that pension. The pension IS subject to Idaho income taxes.
@valerienail9196
@valerienail9196 6 күн бұрын
Question? do I still owe California state taxes after moving out of California if I am collecting a pension from the university of California Medical Center?
@CunninghamLegal
@CunninghamLegal 3 күн бұрын
The U.S. Supreme Court case "Hughes v. Oklahoma" (1979) set a principle and the 1996 federal law called the "Pension Source Tax Act" (4 U.S.C. § 114) means that states can't tax non-residents on their state pension income. This law was created after lobbying efforts and applies to pensions from both private companies and government jobs. So, if someone has a UC state pension but moves to another state, they shouldn't have to pay California state income taxes on that pension.
@yaright4709
@yaright4709 6 күн бұрын
Under prop 13 the tax is supposed to go up only 2% of your last years Tax bill but that is a lie. People vote yes on bonds and now I pay an extra $800 a year. They say the money is for schools but that is what property tax is for in the first place.
@CunninghamLegal
@CunninghamLegal 3 күн бұрын
You have identified the three ways that property can be taxed: 1% of assessed (or base year value); parcel (or flat) taxes; and the $800 you mention which is additional “ad valorem” taxes that are based on “base year” value if the people have voted in a tax increase in that particular district or geographic area.
@PermissionTrustPioneer
@PermissionTrustPioneer 7 күн бұрын
A Trust with an advanced degree in Inheritance Administration Trusted Advisor should cost 5 to 10% of an Estate if you caveat the Estate Plan Trust failed like National Institute of Certified Estate Planners bravely did. To add the dozens of steps to County Fund, NICER Record, Arbiter Monitor, Trust Guardian Validate, and Legalese Trusted Advisor Certify inheritance and legacy wealth transfers. Dispatching NICER 837PC Citizens and Sheriffs to arrest forgers, counterfeiters, and embezzlers who victimize vulnerable seniors and steal grantees legacies.
@JuliaPie-p3c
@JuliaPie-p3c 7 күн бұрын
My dad's home was left to me and it will be my primary residence and so there won't be a reassessment. But what if later on I want to turn it into a rental property? I'm guessing that will trigger a reassessment?
@CunninghamLegal
@CunninghamLegal 3 күн бұрын
Assuming your father passed away February 15, 2021, or later, you might not face a tax reassessment due to the "parent-to-child transfer" rule, which allows children to inherit property without increasing property taxes, as long as specific conditions are met. However, if you later change the inherited home into a rental property, it will no longer qualify as your primary residence. Under Proposition 19, the tax reassessment exclusion only applies if the property remains the child’s primary residence. Once it becomes a rental, the property taxes likely will go up.
@JuliaPie-p3c
@JuliaPie-p3c 2 күн бұрын
@@CunninghamLegal Thank you sir 🙏
@ohmyhellx
@ohmyhellx 8 күн бұрын
Excellent intel. Thanks for sharing! I followed the elimination of the parent to grandchild exclusion but not this sequel re: porting property tax base! Wow.
@karentiong5545
@karentiong5545 9 күн бұрын
Is it possible that California can have tax free food and groceries like other states?
@CunninghamLegal
@CunninghamLegal 8 күн бұрын
California already offers partial relief in this area. The state exempts most groceries from sales tax, but there are exceptions. For example, prepared foods (like deli items or restaurant meals) and some beverages (such as alcohol or sodas) are subject to sales tax.
@victoriapurvis3402
@victoriapurvis3402 10 күн бұрын
Ty for the videos
@Slava65
@Slava65 10 күн бұрын
Hi, I transfered my house to my two children, can I undo it ? Can my children transfer my house back to me? I steel paying my home morgage.....so I can do the revocable living trust.....😊
@TrustVictim-f6y
@TrustVictim-f6y 10 күн бұрын
It can cost us every cent we own if we don't hire Notary Index Crime Enforcement Regulatory Approved Forgery Proof Legalese Administration Lawyers. To Fund, Record, Monitor, Validate, Certify, Amend, appoint guardians for minors, avoid conservatorships, prepare medical directives, protect vulnerable grantors, mentor trustees, referee grantees, inventory, appraise, transfer, distribute, and about a hundred steps until we settle our inheritance administrations to avoid legacy wealth transfer thieves. With a Hollywood style Trust Reading. With a Prebate Nickel to spare our Kids a NICER Probate Dime so our Children, Drew Barrymore and Sher's heirs get their shares.
@carl9729
@carl9729 11 күн бұрын
here is my take on all of this, enjoy the money you made over the years and after your death what ever you left behind those who received it should be great full no matter how little or a lot it is. Why worry about what happened to material things after your death? Life’s short enjoy it, paying these guys to avoid tax is a waste of time and energy
@craig8638
@craig8638 11 күн бұрын
I’m glad they eliminated it. Had all these people not living at homes with extremely low property taxes sitting on them with no incentive to sell.
@DKLGalactus5
@DKLGalactus5 11 күн бұрын
Proporty taxes are out of control.
@TrustGuardian
@TrustGuardian 12 күн бұрын
Good evening, I'm a 73-year-old Trustee for a large Administration concern National Institute of Certified Estate Planners caveated the Estate Plan Trust Failed. I counted dozens of Legalese Administration steps missing after Funding. Can you Include Notary Index Crime Enforcement Regulatory to Record, Arbiter Monitor, Mentor Grantors, Referee Grantees, Trust Guardian Validate, Forgery Proof Trust Administrator Certify a Complete Inheritance Administration? Including dispatching NICER 837PC Citizens and Sheriffs on-call to arrest Title Thieves, and Transfer, Distribute, and Settle an Inheritance with a Hollywood style Trust Reading?
@LegaleseWarrior-w4i
@LegaleseWarrior-w4i 12 күн бұрын
Pragmatic Clients advocate millions of jobs in justice in Notary Index Crime Enforcement Regulatory's fight against Financial Elder Abuse.
@LegaleseWarrior-w4i
@LegaleseWarrior-w4i 12 күн бұрын
Good morning will you follow National Institute of Certified Estate Planners who bravely caveated the Estate Plan Trust Failed. So, Clients can replace the Estate Plan with the NICER Latin Law 33-year reformed Forgery Proof Legalese Inheritance Administration?
@edrosiak
@edrosiak 12 күн бұрын
California’s continual TAXATION GREED is unmatched….
@lauramaimone7001
@lauramaimone7001 12 күн бұрын
I enjoyed this video very much. I am looking for an answer that I didn't find in it. Prop 19 completely upended my family's estate planning that with had in place for 25 years. The most egregious, I am inheriting my mom's primary residence condo after she passes, it was going to be my primary source of income from renting it out. I can't claim it as my primary residence because the house I live in now is also going to transfer to me upon her passing. Any thoughts?
@CunninghamLegal
@CunninghamLegal 9 күн бұрын
This is a tough one. There are considerations other than property taxes. Assuming you get an adjusted cost basis on the property after your mom’s passing, the depreciation available to you as an owner may negate the higher property taxes. Of course, if you do not get an adjusted cost basis at your mom’s passing and the property is reassessed, that is the worst of both worlds. We’d be happy to meet with you about this is you are not already represented by a lawyer with respect to this issue. www.cunninghamlegal.com/california-law-offices/contact/
@TrustRuss-r1t
@TrustRuss-r1t 13 күн бұрын
Thank you National Institute of Certified Estate Planners for bravely and ethically caveating the Estate Plan Trust Failed so we can add a complete Inheritance Administration to avoid Financial Elder Abusing quit claim jumping Title Deed Thieves.
@TrustRuss-r1t
@TrustRuss-r1t 13 күн бұрын
Ok we get it, can you add a complete inheritance administration to County Fund, Notary Index Crime Enforcement Regulatory Record, Arbiter Monitor, Trust Guardians Validate, Forgery Proof Legalese Inheritance Administrator Certified, inventory, appraisal, transfer, distribute, yearly checkups, and settle with a 33-year reformed Latin Law Permission Ledger Arbiter Interdiction Trust Reading. So Drew Barrymore and Sher's Heirs get their shares?
@maggies123
@maggies123 15 күн бұрын
I have a trust with you but it was registered as a sale in the assessor office. Fix it please. I already contacted your office several times and the only things they told me is that is how the assessor office registered it. I'm telling you that is not correct what the assessor is doing and place a sale for $9 dollars and a new assessor price to my property.
@sharonsimmons5630
@sharonsimmons5630 15 күн бұрын
Its a critical investment for the Attorney !
@TrustRuss-r1t
@TrustRuss-r1t 13 күн бұрын
People don't realize an inheritance administration has about a hundred of steps we don't see and that's why National Institute of Certified Estate Planners bravely and ethically caveated the Estate Plan Trust failed.
@TrustVictim-f6y
@TrustVictim-f6y 10 күн бұрын
@@TrustRuss-r1t We are waking up to that reality after our parents estate cost 50% in billable litigation hours, and the $8000.00 estate planner who promised peace of mind refused to help because he used the fee to keep his Santa Cruz Ca office lights on.
@keithmachado-pp6fv
@keithmachado-pp6fv 15 күн бұрын
Good video. FYI anyone with an S&P 500 fund owns Nvidia.