I am waiting on the video titled “How to know you are talking to a nitwit attorney.” That would be the most educational and useful video of all.
@virginiamoss70453 ай бұрын
Yeah, it won't be an attorney that will tell you how to know. Forgive me; I have yet to have a positive interaction with a lawyer and I'm 75 years old.
@LTVoyager3 ай бұрын
@@virginiamoss7045 I have had a few, but these were mostly with patent attorneys.
@AlumniQuad3 жыл бұрын
8:08 Who gets the things you leave behind (equal, percentages, grandchildren, specific assets to particular people)? 9:05 Who should serve as executor or trustee? 9:44 Who to handle medical decisions when you are incapacitated? (medical power of attorney) 10:10 Who is going to handle your money when you are incapacitated? (financial power of attorney) 10:38 Passing property to surviving spouses? Use a trust? 11:55 Do any heirs need inheritance managed? Leaving property to minors requires special handling. 13:19 Avoiding tax, sheltering assets from assisted living expenses 15:00 Divorce-proofing inheritances 15:50 Use will or revocable living trust? Probate avoidance? 17:21 State what is most important to you (from above) 19:10 Save complicated issues for last (e.g., what happens if all named heirs pass away before will probated/trust assets distributed?)
@dalenerussell195 Жыл бұрын
In a nutshell. Thanks.
@michelinelavoie20864 жыл бұрын
I wish you were in Florida so we could go see you.
@michelejones27542 жыл бұрын
I just happened to come across your videos. They are super helpful. Thank you so much!
@vincentchaffee4 ай бұрын
Nice shirt!
@dianearrington66663 ай бұрын
I need to go to court first to have my portfolio’s assets unfrozen.
@CraigMcDonald12343 жыл бұрын
Thank you Mr.Rabalais for your 360+ videos; I think I'm on about #60.
@callahanheatherb3 жыл бұрын
Thanks very very much for all your videos. So helpful to a concerned daughter and caregiver worried about taking best care of my folks.
@virginiamoss70453 ай бұрын
To go in unprepared makes you a mark for being taken advantage of. They will have you paying for lots of stuff you don't need because you won't know any different. I'm sure there are a few lawyers out there who would not take advantage, but how does anyone know? Be in a position to advocate for yourself. This is true for most professionals you pay money to.
@HellaBella2 жыл бұрын
Awesome info! I am 27 but I have paid off my home and have some cash in the bank. I am not married, so I guess I will leave everything to my mom in the event of my demise. She worked hard to give me a great life and it’s her I owe everything to. In the event I get married I will change my estate planning to reflect my spouse as beneficiary. I got overwhelmed after reading about wills and trusts. I am in north Alabama and really think I just need some basics done. Thanks for the no nonsense guide. Just subscribed to your channel.
@jannarkiewicz63311 ай бұрын
If you've paid off your house -- you'll have a line of stable great guys :-) Trust me... Too many women with 50K of credit card debt out there.
@ABab-jf2jb3 жыл бұрын
Thanks for the videos, very educational. We have no children. Can you cover topics on childless people? Thanks
@virginiamoss70453 ай бұрын
Also, on orphan elders with no family or younger friends or anyone to trust.
@daquytx81393 жыл бұрын
Thank you so much for this video.
@SusieAspen Жыл бұрын
My mom went to an attorney for a will. She kept insisting on putting her house in the will. She had her house in a recorded beneficiary deed. The reason for the attorney was to validate my statement that the beneficiary deed will invalidate the will, which only had her house in it. At the end of her time with the attorney, they called me and put me on speaker. The attorney said he didn't know about such things about the deed, and drew up a will for her and charged her about $1000 for filling in a form that included wrong first names of heirs! The attorney was informed that his bill would not be paid in lieu of not reporting him to the bar. The daughters ended up sharing the house through the beneficiary deed in the end.
@jannarkiewicz63311 ай бұрын
You cannot threaten. Very legally dangerous.
@marystilwell74184 жыл бұрын
Excellent info...being prepared going in most probably contributes to a better working relationship...thanks.
@americasestateplanninglawy19464 жыл бұрын
Well said MS 😎
@gracerodgers89523 жыл бұрын
Even though I can write my will on a post-it at this point, I still found this helpful.
@jannarkiewicz63311 ай бұрын
I'm paying attention. I need to prep for our 1 hour meeting :-) Give me time to get it right.
@bobwest61743 жыл бұрын
I sure wish you were here in central Texas! Great videos, thank you
@dalenerussell195 Жыл бұрын
Thank you.
@alicia2885 Жыл бұрын
Hello, thanks for your help! A lawyer sent us a form of many pages asking personal details without meeting us, previous to the meeting. I do not like this aproach. I think we will not go with that attorney? Thanks! Ali
@rosemariealmero12143 жыл бұрын
Hi Mr. Rabelais, I would like to know that when I die, and my mortgage isn’t fully paid , what can I do now so my children will know what to do to keep the house?
@justjacqueline20044 жыл бұрын
A real wake up call to me,thanks.
@americasestateplanninglawy19464 жыл бұрын
Hope it helped M des S 👍
@rodneyrubright26182 жыл бұрын
Great Video!
@dennisjager42552 жыл бұрын
Thanks for the information. Understandable, informative, free.... Are you sure that you are an attorney??
@SniperLogic2 жыл бұрын
After 29 years he’s probably mostly retired and just giving back a bit with these vids. Good on him, aye?
@evelynporter63492 жыл бұрын
He makes money on KZbin based on subscribers and how many views he receives.
@ronaldreisner5134 жыл бұрын
good info as usual. thanks
@americasestateplanninglawy19464 жыл бұрын
Good to hear RR 👍
@dorothyellis23123 жыл бұрын
Thank you!
@Uainebmd3 жыл бұрын
I always say everyone is normal until you get to know them. :D
@gcraig00012 жыл бұрын
I like the information you present, but with all due respect I find the presentations to be much too wordy, such that each presentation could probably be cut by half or even more.
@virginiamoss70453 ай бұрын
And to speak more slowly would help. Still, it better than reading from a script.
@SniperLogic2 жыл бұрын
If you’re unsure what you’re net worth is from day to day because of investments and seesaw markets, leave percentages.
@allstatemademehomele4 жыл бұрын
How familiar are you with a S. Dakota Trust? The advantage of having your Trust where the jurisdiction is in S. Dakota know matter what state you reside in.
@georgestreng3 жыл бұрын
Every “grown-up” in Peanuts spoke that way.
@haomasapien1272Ай бұрын
After my suicide attempt, five or six years ago, I realized that my sudden death would have left my family with a lot of confusing logistics to sort out. Since then it has been a priority of mine to organize my documents and things so that an unexpected death would not be a hassle for them.
@m109rider19564 жыл бұрын
My independent thinking widowed mom-in-law has recently announced to her two children, (my sweet wife & her brother) that her debt-free property has been deeded to them equally, so it is not going to be "anything they need to worry about." A local atty who updated her will did this. We live in Ga so it's not like driving downtown in her sleepy Oklahoma town to his office in the morning. Recording her deed - making children owners - doesn't this unwittingly create for them a step-up in basis upon mom's death? It's beautiful residence lake property, likely 400k plus conservatively. No debt-Low basis. They built w/ cash in the late 80's. She announced nothing else changed & all is the same. Translation: Everything else she owns is in mom's name = Hello probate! The LRT is essential to prevent my wife (& her brother) the certainty of probate. Her mom is 83 & the knucklehead atty, in my opinion, just sees this as a will-based planning solution,. Q? Can titling the deed now INTO a LRT, getting the property OUT of the children's names, solve the step-up in basis she inadvertently has created? I wonder how many good-hearted folk have made decisions to solve a problem but unknowingly stepped into landmine of an unintended consequence? Enjoy each of your videos! Maybe worth a discussion?
@HB-yq8gy2 жыл бұрын
Sounds like you know more than Nitwit's attorney.
@michelinelavoie20864 жыл бұрын
This is what most people know about estate planning.......
@stephenhines27952 жыл бұрын
Are u ok have not seen u in a while
@slimdawgwoof4 жыл бұрын
Slammed the like.
@americasestateplanninglawy19464 жыл бұрын
Could hear the smash from here 👊
@eclairtreo3 жыл бұрын
Me too! And new sub here.
@slickdog21003 жыл бұрын
You should change the name of this video. The people who need to hear it won't click because of the title.
@loreneRa3 жыл бұрын
Just a suggestion: If there were less stories and more content you’d have more time to touch upon the pros and cons of Wills vs Trusts.
@PeterRaiblaisАй бұрын
Please don't show us how to write our own legal documents they cost 50% in Billable Litigation Hours.
@hoihoover9292 жыл бұрын
I am a widow. I don't have any children. My siblings are scattered around the world. My problem is I don't have any body I can trust. Am I cynical? YES.
@virginiamoss70453 ай бұрын
Same here. We are what they are calling orphan elders and there are a whole lot of us. Even if we have trusted friends, they are all our age and likely to pass before us. With the younger generation often opting to have no children, there will be much more of this problem to come. So far I have found no answers.
@michelinelavoie20864 жыл бұрын
Children...we have a problem with that as there are children on both sides......
@2901nc4 жыл бұрын
All the more reason to have a discussion with an estate planning attorney! And then a good discussion with children about what your wishes are. And listen to their concerns.
@Hello-yo3zo3 жыл бұрын
We’re unable to get rid of our deeded timeshare. How can we avoid our grown children from inheriting it because it’s actually a liability and not an asset is what we realized. Should we include it in our will or trust at all to clearly state that they shall NOT inherit the timeshare?
@rhondalewis45193 жыл бұрын
I'm in the same situation , help
@lukemuir14434 жыл бұрын
You have great imformation! I can hardly listen because you repeat the same thing for over and over. How many different ways can u say it,I feel like a child or you think we are stupid!
@heeaekim14 жыл бұрын
So not. Ice of you sayi g. When something is important you have to say over and over.
@virginiamoss70453 ай бұрын
Speak for yourself; sorry you take this as talking down to you. This is complex information; just like learning anything, repetition is the way it goes in and stays in. I wish he might speak more slowly; you might think he speaks too slow. Remember, it's free information; appreciate that.
@williamhusseyjr11433 жыл бұрын
3:05
@williamhusseyjr11433 жыл бұрын
All jokes aside. Your videos have educated me far and beyond what I expected any online research ever could - my father passed away only weeks ago. My half sister , like myself, is an alternate beneficiary to ALL assets if the primary beneficiary predeceased our father. Well - she didn't. This person is expected to 'disperse' in equal portions however is under no obligation to do so. Your videos on the Probate process and ALL different scenarios associated with the matter has me binge watching -
@dks138274 жыл бұрын
I am a nitwit and you have offended me !!!! Not !!!!