5 Quick and Easy Steps to Fund Your Living Trust

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The importance and benefits of forming a living trust is clear: No time or money spent on probate, knowing that your wishes are protected in a legally binding document, and keeping your estate out of public record after your passing (just to name a few).
How do you know if your living trust is set up correctly and ready to take effect in the event of your passing?
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
800.706.4741
AndersonAdviso...
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

[@TobyMathis]

Have questions about this video? Sign up for a free consultation to get your questions answered by the professionals. aba.link/c04d71

[@kathrynmancarella6506]

thank you... EVERYONE NEEDS THIS INFO. Governments own the schools, they only teach what they want us to know. THANK YOU!!!! I need to speak with you. I left you a message on fb. Its the weekend, I plan to call on Monday. Enjoy your weekend!!

[@lisettestevenson9826]

What is my sons last name is different then mine?

[@williamsbrunt1242]

Too+qqqqqqqq+q+qq+qq+q+++++++++ b

[@angai65]

How much is your living thrust fees, with 2 homes

[@tinavu1130]

@@lisettestevenson9826good luck

[@theexecutivefarmer4327]

This is so stressful, I’ve just decided to live forever

[@bryceharper446]

Have you dealt with social security stuff yet!? They confuse us on purpose.

[@jill9646]

Lol. 🤣

[@scottixander5335]

😳

[@ralphweber2522]

😂

[@jujuapple6706]

The problem is no one lives forever!

[@marcsantamaria4097]

I'm a lawyer and took estate planning classes, but your presentation is just as informative. Thanks!

[@FredFlintstone21]

Thanks for taking the time to educate us of all the variables in setting up a rock solid trust! Very well done sir! 👍👍😎😎

[@boo3406]

Clear and concise explanations of living trusts. Love it!

[@vivianmadisonmahoney9457]

The Best....much much better than the ones I paid $2,600.00 to.

[@kukurei]

How do i create a trust that runs for generations. Example just touch half the dividends of a mutual fund?

[@CarmenBIGPRESSURECaBoom]

I really do appreciate this great, valuable and beneficial information and I really do appreciate how you deliver this information with such ease and this helps for me to digest and understand the information much better. You’re really fabulous in your craft. Thank you so much! 👌🏾💯

[@BVaughanfulk]

As a EMT, we do not have time to go through purses or glove boxes. Our job is to get you to a doctor as fast as possible. Anyone who asks anything. We don’t say anything unless they present the paperwork

[@Gruene2010]

True. But in my experience, the EMT has the personal belongings when possible, hands it to ER staff, and they get info from personal belongings- or police.

[@wompol7117]

anyone with a DPA should have it on their medical bracelet (or electronic copies immediately available)

[@keithjones7269]

This presentation is very informative and helpful if you have no knowledge of what a trust is. Listening to it 3-4 times is good.

[@DebSherr]

Excellent information on Living Trusts, I thank you for the education. I'm curious to know the result of the Tweety Pie figure. As a collector of similar items, I would definitely know the difference between the actual toy and the one purchased on ebay. Did the siblings reach a shared custody agreement? 🐥

[@shalomraboya8704]

All of the legal stuff is so confusing, but having a living trust is so important. I wish you guys were in Maryland, my home state, because these presentation was so clear and informative. I understand so much more now...thank you! If you have a referral in or near Bethesda, Maryland you can share, I would be very grateful. Thanks for a great presentation!

[@meritholdingllc123]

Shalom, I live in PA and I use Anderson for my personal businesses (WY LLCs) and also used them to help set up a trust and LLC for my parents in SC. Unless your personality, style of learning, and level of trust mandates you meet with someone in person, you should be fine working with Anderson via phone and email. I've never met anyone in person there.

[@truthseeker8399]

Thank you so much for this insight! I am a subscriber of this blog and I have learned so much from it! I did my estate planning in 2015 after I lost my husband of 41 years! I can’t claim I understood what I was doing! This helps me in reviewing the plan in case I need to change anything. Thanks again!!!!🙏🏽

[@TobyMathis]

I'm sorry for your loss. It's great that you're revisiting your estate plan now to ensure it aligns with your current needs and wishes.

[@michelepaine8480]

Thank You!!! The best video explaining the Trusts and how they work. Ever.

[@Aboriginal_baby]

Thank you so very much for your efforts, this was really thorough and I learned a lot.

[@TobyMathis]

Hi Native baby, I appreciate you taking time to comment and am glad you liked the video and found the content useful. Be sure to subscribe, if you haven’t yet, because we’re releasing helpful videos a couple of times a week.

[@a.s.r.3661]

Another great explanation. You have a gift. I could listen to you speak for hours and hours. Thank you.

[@TobyMathis]

Thank you, we greatly appreciate your words! Please consider subscribing to the channel for more great content.

[@MrThefatheroftheyear]

Not solely in Trusts, but in delivery as well, you sir are a master of both crafts. Easily Top 1%. Such splendid work. You have my gratitude for your effort and time.

[@TobyMathis]

Thank you for watching and your kind words!

[@debbiethomasen4835]

Pp

[@regularamerican8446]

@@TobyMathis can you do trust in texas

[@amandajohnson7225]

This is a DYNAMIC presentation. You come with a different flavor. I can clearly tell & confidently know you know your stuff. That's what you give off. I'm in financial services, and I refer clients out all the time. There's a number of things that I've never heard of from the individuals I refer my clients to. Thanks

[@cosmictechlady]

Thank you for your videos. Just want to make sure that if my husband's parents will be doing an irrevocable trust, but still need to make the rental property an LLC, would you create the trust first, then change the LLC ownership to the trust?

[@SeaOtter65]

How much it cost and to maintain

[@LeTran-cd4yg]

Thank you for this presentation. It is so important to educate for this Living Trust LLC

[@JāmiSun]

This is the greatest channel in the history of youtube

[@AfrikQ10]

Right fund the trust. Insurances and real properties go to the trust as well. Very good programs for assets.

[@Yvonne-]

Do you have insurance recommendatuons?

[@rosegonz4476]

Very informative and nicely put together for the viewer. Great presentation. Thanks so much. God bless!

[@yagga8885]

Agree and you’re amazing as always. One thing though, if the LLC is a professional corporation, you probably should put your interest in the trust in the event your share is being sold to others in the professional practice. Heard of a doctor who didn’t and his practice went through probate. By the time estate was closed, the patients had already move on, practice was no longer valuable and other members lost interest in buying his membership interest.

[@reciebrown4941]

Hello. I am just now seeing this video. I think this will be good for me. I have been ill off and on so I am trying to make different types of arrangements. I have 2 sons and so far 2 grandchildren. I have no one in my family I can trust not even my own mother ( She 79 right now - Long Story that involves my DNA test). I would trust my oldest child instead of the youngest child. I am learning much with this video. I don't have much but I have been saving more since I am older and closer to retirement. I am so glad I came across this video. Thank you so much. T.

[@TobyMathis]

Glad it was helpful! Thank you for watching!

[@marilynstoneberger6411]

I found this video extremely beneficial. Thank You Toby. Love the examples you use.

[@TobyMathis]

Glad it was helpful!

[@nidaluna5833]

That’s really true. I did that to my dad, Thank you for reminding me.

[@mr.n.exclusive3606]

The question I have and cannot seem to get a straight answer is once I have my living trust documents together signed and notarized (which I have a living trust and residential land trust through Anderson) do I need to physically go amd get the trust deeded with the state of California. If so, where would I need to go to get it recorded? -Napolean

[@TobyMathis]

Hi Napolean, great question. We highly recommend you attend our next Tax Tuesday where you can have your questions answered directly by CPAs, EAs, and tax experts. You can register today: aba.link/tobytaxtues

[@stuartfishkin4509]

If married and all assets are held jointly, and all assets have designated beneficiaries and alternative beneficiaries, isn’t that ok?

[@cesterly4668]

Can also put cars into MT LLC,layered over NM LLCwith beneficiaries.

[@ileyoruba6884]

Coming across this information is mind blowing

[@a.hassanbey5942]

Boom, boom, boom!!! Thanks so much. Extremely useful presentation!!

[@thoughtsfromathenasreality]

Thank you for the information. A trustee can steal the money so that's not a smart way to make the trustee a family member I know a guy who's uncle is stealing the house his Dad left for him. .Besides it causes fights in the family. When it com's to money, people can. become greedy.

[@davidparsons5918]

This is great news good job guy's I wish you the best in the world we live in today anyways thank you for your videos.

[@reneepulliam8423]

I didn’t know anything about Trusts. Thank you sir.🔥🔥🔥🔥🔥🔥

[@cliffhregis]

Thanks for doing this, much appreciated.

[@sappir26]

What if the Trustee passes away before all the assets of a deseased person's Living Trust is distributed to the beneficiary/ies?

[@granbwaprop7162]

I so appreciate the way you are explaining this info... very clear and prompt. I want to know more

[@TobyMathis]

Thank you! Please subscribe to the Anderson Advisors channel or visit www. AndersonAdvisors.com for more tax and asset protection strategies.

[@cliffhregis]

Sak pase!

[@bginc2849]

probate notice is good also, living trust remedy is to liquidate to close accounts revoke underwriters,

[@billythompson962]

*The best thing to be on every wise individual's mind or list is to invest in different streams of income that is not depended on the government to generate funds*

[@jeffreyscott1092]

Investing in Crypto now is very cool now especially with the current rise in the market now .

[@jamesandy642]

I wanted to trade Crypto but got confused by the fluctuations in price

[@whatsapp5512]

I got referred to Mr Charles a week ago, and I invested $5,100 I have already made $15,700 can't wait to withdraw in two weeks.

[@billythompson962]

@Steve John His availability is on WhatsApp👇

[@billythompson962]

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[@boopeepv]

How about if a property of the grantor is under a contract to sell that says it's payable in a few years. Can that be put under a trust so that the trust can still keep collecting the balance so that it goes into the trust even when grantor already passed away?

[@carmenross1077]

How to go about doing this living trust?

[@TobyMathis]

Hi Carmen, thank you for leaving your comment. You can request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Go here to get all set up! ---------> aba.link/tobyss

[@TobyMathis]

You can use a living trust for your primary residence, but you would not be able to have the anonymity. We generally like land trusts better for rental properties and a primary residence for clients that want to be as anonymous as possible.

[@jeffleinard4519]

Hello Toby, is there a minimum amount that you should have to ser up a living trust. My family members and I are trying to help my a relative set up their estate

[@bhermann7281]

Great question!

[@goshenkahde5553]

I wondered why individuals always complain of lacking funds whereas there are multiple Stock to trade at the moment and Create a Financial Regular stability.

[@betrandfidelis8986]

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[@bobbyholan2489]

My Major Income were generated in Bitcoin trade which I found more interested.

[@briannabella1940]

@@bobbyholan2489 hello I'm interested in Trading bitcoin but I wasn't able to Understand how it's work. I Have Bitcoin on my Coinbase portfolio.

[@maleekgreg3782]

Trading bitcoin was my next Advance in Live after retiring from work.

[@audberychloe2357]

@@maleekgreg3782 wow it's really awesome I will appreciate if I could get an experience in using Bitcoin Account.

[@davidmsamuel]

This was enormously useful. Should cyber assets (eg: digital photographs or intellectual property) be included in the trust?

[@TobyMathis]

Yes. Creating a plan for digital accounts, whether or not they are financial in their nature, will make it easier for your loved ones to retrieve and secure these assets after you pass away. Estate planning for your digital assets eliminates the need for your loved ones to track down passwords and gives the beneficiaries of your estate the legal right to your passwords. Additionally, when dealing with online financial accounts, estate planning for digital assets protect income that your digital assets can generate such as royalty rights or revenues from an online business.

[@rinihaque2946]

If you have some rental properties in one member Sole proprietorship LLC then do you just need to create assignment on that llc and say i am transferring 100% this llc interest into the living trust and on the living trust and you are done? if you do this is you don’t have to take each property out of existing LLC and prepare a separate deed for each properties and record those properties individually under the trust name? or you have absolutely take all properties out of llc and re-record them under the trust ?

[@patrickcerv4847]

How about if have property overseas in Europe and the United States can both go into living trust to?

[@MikeHawk-zh3yl]

If I leave funds in a trust for my son to get paid on a month basis after I pass, he gets married , 3 years later they divorce. Will she get a monthly portion of what he gets from the trust for the rest of her life?

[@TobyMathis]

We would need a lot more facts to suss this out, but generally if the funds are kept separate and there is a solid prenuptial agreement, then no the divorced spouse would not have direct rights to the trust funds.

[@robhunley5085]

Would putting an automobile in the trust open you up for a law suit in the case of an at-fault accident?

[@stratfindersmusic2875]

Can I sue an executrix of a will who did not distribute the funds to me, per instructions in the will, and instead spent the money on a car for herself and college education for herself? Is there a statute of limitations for a civil suit?

[@Celticcross688]

Helpful. thank you.

[@charadean9855]

Do youhave a book on how to do these trust and all you tell us about it and page's in it you can make copies of so we will no what to do

[@eastwestpicayune8200]

Very informative. You have discussed transferring ownership of LLC to a living trust. I just created an LLC with the living trust as a member. Do I transfer the property (which is currently under the trust) to the LLC? Will this cause probate issues later?

[@ruthscheib1474]

Can I get ahold of u for help. I want a trust for my children. Where can I go. I live in Port Huron Michigan. 48060. I am 75 and I need to get this . Plz help.

[@staeyou1806]

I think it’s better create a land trust and make the llc the beneficiary

[@toiyeuKL]

Thank you for the presentation. I get nervous as I watch it. So much to do to plan it right. So many questions due to my circumstances. How do I consult with you?

[@triciaroy7591]

I live in Canada, do you work in the USA only? Thank you. Patricia Roy

[@TsetsiStoyanova]

Can you do Cestique trust videos please!!! We all have them setup at birth!!!

[@allenmurray8376]

Hi Tsetsi!

[@DIAMONDGIRL57]

So thoroughly explained!! Thank you!

[@pointbreak333]

how do you see the debtor creditor status? how to transfer from debot to creditor? What kind of trust do you use?

[@dans8927]

Actual 5 steps begins at 13:05

[@guidingchangesllc.2911]

Thank you😂😂

[@loekiemorales]

Thank you for the useful info. Do you do the putting up Trust also for persons, not Americans, living outside the USA?

[@maryannkomo3077]

I have the same concern. I earned assets here in America, we don't have kids, I have no family other than my husband's family, I may have some cousins here but we are not super close. Anyway, can I do living trust for my niece and siblings living outside US??

[@mjg112504]

Your information is so valuable. How do I find a trustworthy attorney to process the necessary paperwork in Wayne County, Michigan??

[@TobyMathis]

We do operate in Michigan, are you interested in a free consultation?

[@rickeyalyles7609]

What if the house in your name those homes go in living trust right?

[@innaalex9156]

What about, if you have only one beneficiary and inside of living trast, just put your beneficiary in the deed of your hous? Is that double? Thank you.

[@TobyMathis]

There are so many other consideration than just a home. Health, end of life, burial/cremation - to name a few. Plus, if you put a child on your home, you could lose your capital gain exclusion, step up in basis, homestead, and the home is also on the hook for any liabilities they may incur at any time (even while you are alive).

[@lizv3634]

I have two kids who are very different from each other but equally trustworthy in their own way and close to me. They are also close to each other. I don’t want to leave the living trust to both. Could I have a family foundation with assets in it that one controls and the living trust for the other to manage? Have you seen a similar situation to this?

[@btpuppy2]

What do you do if you are in he middle of a 3 year car lease and die? What do your heirs do then? Leased from Honda.

[@Lady_in_Waiting]

My rich aunt had a trust and when she died, a relative put it in court because she wants to prevent the checks from going out to everyone, because she thinks she can get another living relatives share when they die, therefore holding up everyone from getting their inheritance. How did she do this? and after the 6 months can she still hold this up somehow? We cannot figure out how she managed to do this with a trust.

[@SAZ-3500D]

That’s pretty messed up. It’s pretty lame how people will screw their family over for money...

[@staeyou1806]

It’s probably because she had a Will too

[@Lady_in_Waiting]

@@staeyou1806 she was allotted a certain amount, but thought she'd get another person's share if they died. Horrible person. Turns out I got all of it due to 2 deaths, I was next in line, so she never got any more of it.

[@takecare4697]

Pour-Over-Will ?? Blow often should I update my Living Will?

[@TobyMathis]

A pour-over will serves as a safety net to ensure that the deceased's property ends up under the living trust's ownership upon their passing. A living will is a different document that stipulates your end-of-life wishes. A living will typically only needs to be updated if your end-of-life preferences change.

[@skyshardqueen7278]

42:42 @TonyMathis Do you have any videos on what the institution of trusted friends is? I’d like to learn more about this. Thanks

[@dks13827]

What about term life insurance policies ? My grown kids are the beneficiaries......what would be the issue there ?

[@TobyMathis]

The same issues that apply to whole life policies will also apply to term policies. Generally, you will want to name your trust as the contingent beneficiary (after your spouse) if you have minor children. The trust will then manage the money for the benefit of the minor beneficiaries. For adult beneficiaries, there could be a number of reasons you do not want to give them a lump sum payment. For example, their creditors can access those funds to pay off debt if received personally, but cannot access the funds if paid to the trust. Or, if the individual has problems with substance abuse, the trust can include mechanisms that require successful completion of a rehabilitation program before any proceeds are paid out. Anderson estate planning attorneys will work with you on your personal situation to make sure you get the result you need.

[@morrjones]

this is awesome and scarry at the same time, how can I get you help? and what is the cost for setting up my living trust, I live in GA.

[@TobyMathis]

We offer free consultations to go over prices, are you interested?

[@JezkaMarie89]

Once I draft my documents, how do I file it? County Clerk? Does it have to be notarized or anything?

[@TobyMathis]

Hi, we recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.

[@gloworm6387]

What if all you have is maybe SSDI & work LLOA (long term leave of absence) pay in a savings account that only amounts to $200 / $400? How do you fund a living trust for distribution of, say, your apartment furniture, DVDs, if you have a silver coin collection, et.?

[@buckholz7]

Can you specify personal property by location instead of listing it? Such as:. All items in my house go to my daughter?

[@truthministries77]

Any consulting for Idaho? I have approved 1099as and a trustee and when I'm done with my purchases I'll have 20 percent of each left over and will need to create my foreign Grantor trust. I already got my estate ein the other day then got confused with the 1041 info and 1041 nr but working my way through it slowly. I think I might seek help setting it up correctly before these funds become available to me the beneficiary

[@TobyMathis]

Hello, we have five physical offices located in Nevada, Wyoming, and Washington and we operate virtually in all 50 states. andersonadvisors.com/locations/

[@susannemurray5211]

@@TobyMathis Hello Mr. Mathis, just watched your video, could you recommend someone in Florida, Volusia County where's I could get a good living trust. Thank you so much Susanne murray

[@garbo8962]

My 96 year old mother died recently and never had her house in her will due to she was afraid if she placed it in my alcoholic brothers name and he got into a serious accident she might loose the house. The other children all have our own homes and want the house that my brother lived in with our mom for 75 years to go to him. He is disabled so my sister got a signed & notarized paper saying our sister is in charge . Dopes down in Philadelphia City hall first gave her the wrong form, second trip gave her a different form for us to have notarized, third trip new & correct forms that we got notarized then on return trip told her to hire a !awyer. Every time she goes to center city it's a two hour round trip drive and $25 to 35 for parking. Amazing how many people that steal pay checks from city of Philadelphia have no clue how to do their job. We all thought that our mother put her house in my brothers name after our father died.

[@moitan434]

I would like to make a living trust..! Where canI get one..!

[@TobyMathis]

We offer free strategy session to help those like yourself get started. Let us know if you are interested 👍

[@jetlag4fun]

Thx for these very helpful & informative videos. QUESTION: Would you still recommend a Living Trust - if we only have 1 child? Thx!!

[@tsnow5445]

Living in a TriState area, is it critical that the Trustee lives/works in my state of residency?

[@TobyMathis]

No, the trustee being domiciled in your home state is not a requirement to be a trustee. Proximity may make it easier if something were to ever happen to you but they are not required to be domiciled in the same state as you in order to be the trustee for your trust.

[@jeanna7851]

So will it still be better to have a living trust if all you actually have is tangible personal property? No house, car, real estate etc.

[@troule9t971]

Can you create a living trust LLC with 6 people shareing a group of assets equally with trusts protections?

[@MarcusLeepapi]

I fell of my sofa with the bird $3.95!!!!!!!!! God Bless that family!!!!!!!!

[@mr.provencio792]

is the bird ok?

[@dks13827]

Usually, 2 sisters will spend 10K each for lawyers !!!! Dumb bird !!!!

[@warrentoles3127]

What is a "good faith and credit estate" ?

[@iangoddard57]

Toby if you have outstanding mortgage on the property you cannot have a living trust on it. For information to all. Any thoughts on this. Other than push hard to get it paid off asap.

[@TobyMathis]

You can move a mortgaged property into a living trust and the bank cannot call the note due. The Garn-St. Germain Act, 12 USC § 1701 (j)-3, and the corresponding regulations prevent a lender from calling a loan when a borrower transfers residential real estate of less than five dwelling units to a revocable trust.

[@XtoriezNovel]

What if the owner of the Trust and the Beneficiary both die, how do the remaining family members access anything? My dad was a paralegal and wrote the Trust. He passed away leaving me the beneficiary, but I don't know how to transfer his car to my brother. And what if I pass away? How does my brother get the house, etc.?

[@TobyMathis]

Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/tobyss

[@ABab-jf2jb]

Thank you for the info. Do you have estate planning attorneys in Georgia that we can use to set up a living trust?

[@AsiaticWorldTv]

Practical explanation to this all really appreciate it!

[@TobyMathis]

You're very welcome! We appreciate you being part of our amazing audience!

[@chriscampanella2971]

What about a irrevokable trust. Will it make one judgment proof. What is the average price to set up this trust.

[@ArleneGray-du9kf]

Is a transcript of this available ?

[@leesteal4458]

Subscribed. Valuable info.

[@TobyMathis]

Thanks and welcome to the community!

[@museumofdrawing965]

My biggest question is transfer of ownership of assets to the living trust a taxable event? I cant imagine it would work at all if so. In canada asset transfers are taxable events. 30% gone.

[@TobyMathis]

If you are located in Canada, we can not answer that, unfortunately.

[@dman10000000]

Hello, Can you use an assignment to transfer real estate, brokerage accounts and LLCs to your irrevocable trust without changing the deed at the courthouse?

[@cornelbuckley]

I would like to know the same also. Do you have to go to the local city office of deeds, bank accounts, etc and change the name on all official documents, to the name of the living trust?

[@pinschrunner]

No EMT is authorized to go through wallets purses or glove boxes. Maybe wallet. They are saving your life. The hospital can find the rest

[@sachastayswi]

Hi Toby, our Anderson Living Trust does not have the magic wand provision in it. It says we transfer $10?

[@TobyMathis]

Hi there! For personalized assistance regarding your Anderson Living Trust, please reach out to our team at 800.706.4741. We'll be happy to help you with any questions or concerns you have regarding your trust and its provisions.

[@shel629]

If you transfer everything, how can you manage what you own while you live? I would not like a trust controlling my assets in all my decisions.

[@thetroopergirl2710]

How does a Living Trust and a Last Will and Testament work with Survivorship benifits and joint tennacy with survivorship? Is there anything that can protect the heirs?

[@noaheinstein2369]

The Trooper Girl, another counselor at the same firm emphasizes your point. A living trust allows you to stipulate that your heir must establish what’s called a “separate property” trust before receiving the funds. This way the spouses of your heirs cannot own the benefit (money) that you intend for your heir only. Lets say it bluntly: It means your “no good, greedy, conniving son in law” can’t get his hands on the funds because your trust leaves it only to your daughter’s trust. Your trust can require that she sets up such a Separate Property trust for herself before receiving a nickel from your trust.

[@rinihaque2946]

asking the question again If you have some rental properties in one member Sole proprietorship LLC then do you just need to create assignment on that llc and say i am transferring 100% this llc interest into the living trust and on the living trust and you are done? if you do this is you don’t have to take each property out of existing LLC and prepare a separate deed for each properties and record those properties individually under the trust name? or you have absolutely take all properties out of llc and re-record them under the trust ?

[@TobyMathis]

You explained it correctly. If title is in the LLC name, you only need to transfer upper ownership in the LLC (called membership) into the living trust.

[@rinihaque2946]

@@TobyMathis assignment only enough ? title transfer to the trustee name recording not needed or just do title transfer and keep it with the trust document?

[@shaunandrews2912]

Do you know how to monetize- accessing your Cestui Que Vie Trust?

[@NWynn-vh8ji]

So once you've typed up the Certification of trust and the Assignment of Property. Do you have to get those notarized as well?

[@bukbukforever4934]

Dah!

[@rickeyalyles7609]

That was rude. We didnt learn about trust in college . We wasnt born knowing everything

[@NWynn-vh8ji]

@@rickeyalyles7609 notice I didn't respond to them. I don't give energy to assholes or ignorance.

[@jeanlasek8755]

How do I find an attorney to set up a living trust?

[@TobyMathis]

Our company can help you set one up! Look over our website to learn more andersonadvisors.com/

[@kristensorensen2219]

A testamentry or bypass trust is a different creature because it doesn't just go on beyond the life of the spouse. Now we have revocable living trusts to avoid probate but that doesn't transfer property in the same way as a generation skipping trust.

[@ednaanderson4837]

This is extremely helpful. Do you do living trust in Florida?

[@TobyMathis]

Yes we do, would you like a link to a free strategy session?

[@debraray2086]

I would like a link for a Florida Trust.

[@debraray2086]

A strategy session.