Six Revocable Living Trust Mistakes

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America's Estate Planning Lawyers

America's Estate Planning Lawyers

Күн бұрын

Пікірлер: 69
@PlainenglishTrustvictim
@PlainenglishTrustvictim 3 ай бұрын
Are you going to keep adding up the Plain English Estate Plan mistakes that cost us our inheritance or join Citizens, Law, and fellow Pro Bono Backup Legalese Administration Lawyers. Defending families with the NICER 33-YEAR reformed Latin Law Permission Ledger Arbiter Interdiction Trust?
@LegaleseWarrior-w4i
@LegaleseWarrior-w4i 4 ай бұрын
Would you agree with Notary Index Crime Enforcement Response that the a Financial Elder Abuse Defense System is needed to avoid the Estate Plan mistakes costing our family 50% in Trust Litigation?
@judithschuch5281
@judithschuch5281 3 ай бұрын
Paul - love the vault idea. Do you have any further information on the tech used to set up that type of secure hold?
@LegaleseAdvocate
@LegaleseAdvocate 2 ай бұрын
The Vault is the Forgery Proof NICER Interdiction Living Trust using the Latin Law Crime Interdiction Administration to arrest anyone tampering with a NICER County funded, NICER Recorded, arbiter interdicted, validated, and certified inheritance and legacy wealth transfer.
@EstatePlanTrustVictims
@EstatePlanTrustVictims Ай бұрын
@@LegaleseAdvocateour greedy trustee stole our inheritance and the estate planner who promised peace of mind ran from the plan.
@paulrobbins8237
@paulrobbins8237 10 ай бұрын
To further safeguard one's property ( which is often the biggest part of an estate) you create a Quit Claim Deed in the name of the Trust rwith instructions to file it with County Recorder and a Pour Over Will which simplifies the necessary Probate.
@gailgreif4417
@gailgreif4417 10 ай бұрын
The lack of funding was a mistake my parents made, but only for one asset. I did have to go through probate in another state on the other side of the country to get those assets retitled to the trust. It was painful at a time that I was grieving terribly and not at my best. And it wasn’t cheap. And the estate attorney wasn’t thrilled since she’d given my parents written instructions on how to handle everything! I have taken note and learned this lesson up close! It definitely added a hassle factor!
@KennethGuilory-w8q
@KennethGuilory-w8q 4 ай бұрын
Funding is just one of dozens of steps in a complete administration to transfer, distribute, and settle inheritances and legacies without the crime so Grantors will happily pay a Notary Index Crime Enforcement Network Prebate Nickel and Grantees a Probate Dime to avoid the Estate Plan Dollar or Quarter on the Dollar Litigation.
@LegaleseWarrior-w4i
@LegaleseWarrior-w4i 21 күн бұрын
Your Parents didn't make the mistake, unless they tried to do it themselves, we need Trusted Advisors whe fund, record, monitor, validate, and certify a NICER FEDS Forgery Proof Title Holding Trust.
@SKWDMDYT
@SKWDMDYT 10 ай бұрын
And the number one question I have, is it too late to set up an irrevocable trust and get the five-year look back going if your mother is 96 years old? My father died five years ago, and they have a revocable trust. It’s only then that I realized their estate really isn’t protected. And I ask this because only recently I discovered that the five-year look back is prorated 20% per year. So if I could set up an irrevocable trust and even if my mother makes it to 97 before entering a nursing home, doesn’t this, save me 1/5 of the value of her house? if my mother should go into a nursing home, she may or may not have enough money to pay for the care before having to sell the house. I assume if she only lives to 99 she might have enough money before selling the house. Additionally, I am wondering what the law is in New York regarding a care giving adult child living in the house for the last five years and asking them to leave the house if our mother ends up in a nursing home. 33:55
@victorialarkin5802
@victorialarkin5802 6 ай бұрын
Mom is 92 & dementia memory care revocable trust paying 12K monthly applying for Medicaid worried about living in property same situation was question answered? I'm 65 facing this alone
@jensheahan7522
@jensheahan7522 10 ай бұрын
you really are my favorite estate planning attorney EVERYWHERE ANYWHERE i wish u could help me
@melissamccarty8122
@melissamccarty8122 10 ай бұрын
In MS our Trust Code requires that we make publication to creditors (like in a Probate) for creditor claims to be made to the Trustee if the Trust owns real property. So now there’s at least a 90 delay in asset distribution in Mississippi.
@NewLyfe-q9e
@NewLyfe-q9e 3 ай бұрын
Yes, sir man indeed has been a nightmare as nobody in the attorneys office, or anything else will give me the necessary information
@dianesmith4232
@dianesmith4232 10 ай бұрын
My husband and I do not agree on our trust. If both of I got into a wreck and both died which trust would be legal?
@loismarvin7222
@loismarvin7222 10 ай бұрын
Thank you for such valuable information!😊
@JRMoritz
@JRMoritz 10 ай бұрын
Your video’s are great. I have not seen them all but the one’s I have watched are on point. Here is my question: We have a Trust done here in FL and need to make some changes to beneficiaries due to health circumstances. The law firm wants a lot of money to do that. Can we do an addendum and have it notarized? Thanks JR
@traceygale
@traceygale 10 ай бұрын
I would like to have more info on Medicaid payback in Nevada in regards to Retirement accounts, Ira, 401 etc.
@stevenwarner7348
@stevenwarner7348 5 ай бұрын
I really like the note about "Successor Trustee" take his time after my passing. I've been working on selling my house so If my Son does some staging for the real estate sale he could increase the property value by 200K. Maybe this doesn't matter but not sure. I am working on this myself but not sure how long I can sustain the "sell the house" effort. A most excellent "agent" continues to be helpful. ~ all good. I hope to be "homeless". I could see that. No problemo. (off on my motorcycle and a tent ~ chasing the warm weather, oh yea). Thank you again.
@R.McDowall
@R.McDowall 10 ай бұрын
What if a trust has been created without your expert input and having stumbled on these videos the creator of the trust realizes that his trust documents are woefully inadequate? How is this best resolved?
@macoeur1122
@macoeur1122 10 ай бұрын
After seeing my sister and brother's behavior as co-trustees, and having heard stories from others about how easy it is for even generally "responsible" adult "children" to rationalize "creative accounting" in their favor, I will definitely be making use of a corporate trustee. My dad laid out trustee compensation intructions in his trust and they "said" they were foregoing compensation only to turn around and "pay themselves" far more via displacing a significant chunk of their tax burden on to my other sister and me. My father would be so disappointed in them.
@retharoberts9154
@retharoberts9154 10 ай бұрын
I truly enjoyed you. Thank you
@retharoberts9154
@retharoberts9154 10 ай бұрын
When do you do these live streams. I don't want to miss any.
@myton008
@myton008 7 ай бұрын
You can designate per stirpes in a TOD
@karenlee9146
@karenlee9146 10 ай бұрын
I have a cemetery plot in my name, does the title need to go into a trust?
@SniperUSMC
@SniperUSMC 4 ай бұрын
What could go wrong with POD and/or TOD? Well, if you have a crooked family member they will get (trick) the person who has the TOD or POD to sign a power of attorney, then place everything in their own name and exclude the rest of the family.
@VictimizedSenior-x8f
@VictimizedSenior-x8f 2 ай бұрын
Wow your right on spot, the Notary Index Crime Enforcement Regulatory 33-year reform Forgery Proof Interdiction Living Trust with the Latin Law Crime Interdiction Administration fixes that. Along with Will, Trust, and LLC forgers, counterfeiters, and embezzler, look for Estate Planners who distinguish themselves among their peers advancing their careers to County Fund, NICER Record, Arbiter Interdict, Trust Guardian Validate, and Trusted Advisor certify Rightful Heirs. Inventory, appraise, transfer, distribute and settle administrations with NICER 837PC Citizens and Sheriffs on call to arrest inheritance and legacy thieves.
@kristyl8358
@kristyl8358 9 ай бұрын
Do you have a book for us to purchase? It’s very good info but I would like a book to reference back to. Thanks for sharing
@benildatagle1967
@benildatagle1967 10 ай бұрын
How do you waive bond as an administrator in NJ
@LegacyLewis-gt8ru
@LegacyLewis-gt8ru 10 ай бұрын
🌷😌🙏🏽 THANK YOU SO VERY MUCH for this in-depth discussion on trusts. Wow! Really, really APPRECIATE YOU!!!
@merriegiles5922
@merriegiles5922 10 ай бұрын
Even cars have to be moved to the trust via DMV to avoid probate? I thought as long as you put the decision of what to do in the trust, the vehicle itself did not have to reference the living trust (EEK)
@MzMel-2023
@MzMel-2023 10 ай бұрын
Thank you for your consistency, it's much appreciated. 📚🌎📚
@danbutler7708
@danbutler7708 9 ай бұрын
Where do I find the information to contact you perhaps I'm illiterate but I did not find it on the KZbin website or the foot of your note please help
@mrs.happydog584
@mrs.happydog584 10 ай бұрын
How do you locate a Will if you know there was one but it’s no appeared for 8 months?
@NewLyfe-q9e
@NewLyfe-q9e 3 ай бұрын
Lol I hear you clearly
@VictimizedSenior-x8f
@VictimizedSenior-x8f 2 ай бұрын
Be patient the Please, the Estate Plan Trust is being replaced with 837PC Citizens and Sheriffs on-call to arrest Notary Index Crime Enforcement Regulatory Interdiction Living Trust warned, permission ledger monitored, and NICER exposed, Will, Trust, and LLC forgers, counterfeiters, and embezzlers around the Holydays to protect vulnerable seniors from financial elder abusing quit claim jumping title deed thieves. Eith Trusted Interdiction Living Trust Advisors, and Allied Legal Professional Trust Guardians to inventory, appraise, transfer, distribute, and settle administrations with a Hollywood Style Pro Bono Trust Reading.
@wellyahknow
@wellyahknow 10 ай бұрын
please, have at least one of your colleagues get in contact with me, i have sent numerous request to HELP with NIGHTMARE after my father has died a year ago, thank you
@NewLyfe-q9e
@NewLyfe-q9e 3 ай бұрын
I do not trust my broker any longer
@LegaleseAdvocate
@LegaleseAdvocate 2 ай бұрын
I only trust NICER approved Interdiction Living Trust Administration Lawyers who put their client's needs ahead of their own with forgery proof legal documents, a Permission Ledger DPOA, and Schedule A counterfeit free LLC.
@EstatePlanTrustVictims
@EstatePlanTrustVictims Ай бұрын
I don’t trust estate planners especially after their Trust ruined our family.
@stevenwarner7348
@stevenwarner7348 5 ай бұрын
I am 70 years old with a 26 year old son who is doing well. Real Estate (my home) is my only Asset. Gotta have a plan. It could not be more simple. I think that I am blessed by this. So I guess a Will. - I hope that people that I know at the town office will help with this. Then set up the MOST SIMPLE RLT that I can. Just deed the house over to the new RLT, name my son as Successor Trustee. name my son as Beneficiary, etc. So skip the POA stuff. No probate. I have a heart condition. So I expect to just have the lights out event. You know, just a quick event. Absolutely no one else really matters. Maybe one of those letters for my son to open with "suggestions." But probably not. ~~~ Just getting my fbMP game tuned up to sell what I can now. Currently into motorcycles. Yep! Gonna RIDE WITH BIDEN ! ~those Fox News Zombies (republikkkans) ~~~ Super Yuck.... Thanks so much for this. 👍
@steveking8548
@steveking8548 10 ай бұрын
If you put your traditional IRA into your revocable living trust, it is the same as cashing out your IRA and you will owe income taxes on the full amount. You need to use the beneficiary designation as the video discusses.
@loghanditheimperialdiehard8876
@loghanditheimperialdiehard8876 8 ай бұрын
The influx bruh
@bettyaranzazu9480
@bettyaranzazu9480 8 ай бұрын
Too complicated
@MaMa-qh4dy
@MaMa-qh4dy 10 ай бұрын
These videos are way too long to watch. I hope you can shorten them up in the future because you have great info to convey. It's just that most viewers don't have 1+ hour to spend watching any video. Just trying to be helpful, not critical. Many thanks for what you do.
@highguys
@highguys 10 ай бұрын
If you want the information then you’ll listen- no matter the length of the video. Be grateful that this info is even available for free consumption.
@MzMel-2023
@MzMel-2023 10 ай бұрын
People make time and prioritize what they find to be of most importance to them.🤔💯😶💯😉
@MaMa-qh4dy
@MaMa-qh4dy 10 ай бұрын
@@highguys My time is money !!!!
@johndsargent7591
@johndsargent7591 10 ай бұрын
Great review. Thanks for sharing.
@robkocol5664
@robkocol5664 10 ай бұрын
I'd rather not spend a minimum of $250/hr just for a consultation. Sometimes "Free" is worth the price you pay.
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