Keep more videos like this coming please. The more in depth and detailed they are the more helpful they are.
@ShahzainAli-tl8sk Жыл бұрын
Usually, I never comment on videos, but your video is so convincing that I become unable to stop myself from doing something about it. You’re doing a great job Man, Keep it up.
@trinhttruong2 жыл бұрын
I have watched numerous trust videos, and you video was the most concise, comprehensible, and enjoyable. Thank you so mcuh
@d.s.27414 жыл бұрын
Thank you Nicole; the inclusion of the slides with the pertinent text concurrently visible in the background as you spoke, made this video much easier to consult than other productions on KZbin.
@SMETaxandFinance5 жыл бұрын
Excellent video, very informative. I am a trust and estate practitioner in England and I’m going to use this simplified information to help my clients understand how trusts work. Thank you!
@TheResultsCatalyst5 жыл бұрын
That's awesome!
@stevenmeek97562 ай бұрын
Best explanation I've heard thus far, thank you.
@EstatePlanTrustVictims24 күн бұрын
Don’t forget the Trust is just the first step in a complete inheritance administration to avoid the estate plan that cost my family a million dollars, when the estate planner who promised peace of mind ran from the plan.
@roberth94414 жыл бұрын
You are a brilliant communicator! I learned more in this brief video than I did pulling an all nighter last night researching different sites online last night....Thank you.
@FamilyAgingLawCenter4 жыл бұрын
That's awesome to hear! I try to make the complex easy to understand. Good to know it's working.
@sharonmoody1041 Жыл бұрын
😂
@chillywilly33972 жыл бұрын
Great information and you explained the process very well. Thank you. I look forward to watching more of your videos.
@gracetruexbby Жыл бұрын
This was such a great high level overview of the concept of a trust. Thank you for sharing.
@Supbhan5 жыл бұрын
Thank you so much! I'm sitting for the July 2019 bar exam and Barbri did a horrible job on their trusts section. This cleared up so much! Thumbs up!
@FamilyAgingLawCenter5 жыл бұрын
You're welcome! It's amazing how few attorneys really even understand these basics. Glad to know it helped your understanding for the bar exam - AND GOOD LUCK!!!! You'll do great.
@WaitingToC3 жыл бұрын
Did you pass?
@Marysiewert4 жыл бұрын
I took notes, thank you for clarity on the basics of Trusts! No probate! I now can explain exactly what I want my rule book to say with the help of my lawyer. I am loving the idea of TRUST automatically shifting control for me and my spouse if we get sick or upon death. God bless you!
@unkophil5 жыл бұрын
Thank you so much for this! I really like how you went over everything that's not protected with beneficiary designations
@untenableposition30573 жыл бұрын
This is excellent. I'm not even all the way through and I'm so glad I found and am watching it. You break things down in an easily digestible way. I'm a lawyer, but not an estate lawyer, and I wish all lawyers were capable of this kind of presentation.
@giovanni09084 жыл бұрын
Thank you so much for explaining this in such an easy way. This really helped me because I'm interested in going to law school to become a lawyer who specializes in trusts!
@lilbabytears3 жыл бұрын
This lovely lady explained this SO concise and simply I could cry. I took a wills and trusts class and I had a basic understanding of it in general, and though I liked my teacher so much she convoluted things a bit for me. I dont think I fully understood the materials. This was explained so well that a ten year old would be able to understand it. THANK YOU so much.
@PeterRaiblais3 ай бұрын
Don’t forget to add the Legalese Administration Lawyers forgery proof NICER Permission Ledger Arbiter Interdiction Trust complete super complex administration. To avoid the plain English Estate Plan mistakes costing our parents estate 50% in Billable Litigation Hours.
@albireo-d1b5 ай бұрын
Well I arrived at this video by accident as I was investigating financial investment trusts but I've learned about another type of trust that I've been pondering for a while as I need to put something tangible in place before its too late, even just a simple will. I was unfortunately mesmerized throughout by the beautiful styling of this ladies hair, pure class. Hopefully I'll not be sued for saying that as I'll have no assets to put in my trust if that happens 😢
@lindsayhengehold53412 жыл бұрын
It’s vital to set up a proper estate whether it is an revocable trust or irrevocable trust and a living will.
@StevenMRA3 жыл бұрын
I am a 51 year old retired veteran who is now a 2L in law school. I am currently taking my T&E class, and this was very helpful. You really break it down in easy to understand terms and with good explanations. Thank you for making this.
@FamilyAgingLawCenter3 жыл бұрын
That's great to hear! I know I would have appreciated this simpler approach when I was in law school. Just remember: this is for "real life" - not exam purposes, LOL
@StevenMRA3 жыл бұрын
@@FamilyAgingLawCenter Lol - an excellent and relevant point (real life v. exams). I plan (and pretty much have a job waiting for me) to work in the DA's office in Alaska (where I was stationed and still have a house) - and I mention that because this isn't going to be my "field of expertise" - but, that said, having an experienced and articulate attorney break it down so that even a layperson (or, worse, a law student, lol) can understand, was very helpful. I wish you the best in your practice and look forward to seeing more of your videos to help me better understand this important aspect of the law. Thanks for your reply and your kind wishes.
@FamilyAgingLawCenter3 жыл бұрын
@@StevenMRA I was a prosector as my first job out of law school! Wishing you the best. It is great experience no matter what you eventually do.
@StevenMRA3 жыл бұрын
@@FamilyAgingLawCenter To add: I retired from the military and gave great thought to what I wanted to do. For brevity I'll keep this short: 1) I wanted a job that elevated my life. 2) I wanted a job that would help financially secure my future. 3) I wanted a job that when I came home at night if I told my wife what I had done that day that she would look at me with pride and think "this is the man I married" I then picked "Working the DA's office" - and we plan to return to Alaska (our home) and that will be my second career until I finally "really retire." I thank you for your kind words, and as my 2L year closes I now know "I'm going to make it" - and, yes, I am also very hopeful as to my future and glad I have made this journey. Thanks again for making this video - and I'll keep an eye out for more that might fill my brain with useful knowledge. Be well.
@mohammadpourheydarian58772 жыл бұрын
Excellent presentation. Slow talker so can be followed. Talks for people not for herself. No waste of time on irrelevant materials. Well planned in advance . Teach a business law course in a college. Thank you.
@youvasquez6 жыл бұрын
very informative and thorough. she comes cross like a friend or a person next door.
@TheResultsCatalyst5 жыл бұрын
The best kind of compliment!
@Best-Intention4 жыл бұрын
Thanks for explaining it plain and simple. Helped me a lot with my Real Estate course.
@honeyb5217 Жыл бұрын
Excellent easy to understand presentation. Thank you.
@cedriclloyd5571 Жыл бұрын
Very informative. Thank you
@jrpeet11 ай бұрын
Helpful and appreciated
@Rubi_09024 жыл бұрын
Love the way you stress how IMPORTANT it is to do these trust details. Thank you
@troy50073 жыл бұрын
She is LIEING To you Gloria, try to wake yourself up. Your so called estate has NEVER being recorded or registered on the land properly. YOU was Removed from owning anything from 1933 and all people born after 1933. This Lady is tell everyone LIES and the people watching this nonsense , has no clue that they are being LIED too. I hope you educate your self, so you don't fall victim of the FRAUD by deception this lady is committing against all the viewers that trust what she is saying?????? Their is a few more trusts but she will never tell you what they are??? including but not limited to, as their are many Trusts - #1. forms of Trust is a Business Trust. #2. forms of Trust is called a Constitutional Business Trust, The U.S. Constitution is a Business TRUST and all U.S citizens are Beneficiaries of said Constitutional Trust agreement. With in a Trust you have protected rights, per what is said in the Trust agreement. ALL Amendments are trust protected agreements, i.e. 1st Amendment to protect Free Speech etc.. 2nd Amendment , The protected right to defend yourself and family against Tyrannical Corporate government etc. 3rd Amendment Protect rights within said Trust agreement as written etc... 4th Amendment Protected trust agreement rights etc. etc. etc. etc. #3. form of Trust is called The Federal Reserve Trust agreement, and ALL U.S. Citizens are beneficiaries of said FEDERAL RESERVE Business Trust, because in 1933 the federal reserve made a deal with all future people, allowing ALL people born after 1933 to Offset - write off - Discharge ALL Public Debts including but not limited to all bank Loans, all bills, all mortgages, all public debt. The PUBLIC = Incorporated STATE, Incorporated Federal Government, incorporated CITY, incorporated SCHOOL DISTRICT, incorporate Territory etc. etc. etc. , as ALL Corporate citizens are OWNED by the federal reserve as per The Name from the Birth Certificate that is STOLEN Identity ( aka Borne Identity - simply Google search ' Are we owned by government ??? ' search result = Us citizens are owned by The United States Federal reserve, a note in the stock exchange, being traded as a commodity. THE BIRTH CERTIFICATE IS A Federal Reserve BANK NOTE, a debt collateral, held in a Constitutional Business trust , which ENSLAVES all U.S. Citizens as Corporate Debt Collateral ) 14th Amendment states - 1.1 Public Debt Clause. Fourteenth Amendment, Section 4: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. SHALL NOT BE QUESTIONED??????? Why is that???? it is because , if the Federal Government answers to the question of WHO is Liable for the National Debt, The Federal corporate Government would have to admit to ENSLAVING ALL PEOPLES or Citizens of THIS LAND and world wide lands?? Slavery or Involuntary servitude was abolished in January 1st 1863 , Ratified on December 6th 1863??? Look it up. This guy takes a lot about TAXES??, but never tells you that TAXES are a VOLUNTARY PAYMENT PROGRAM. I challenge anyone to prove to yourself that YOU own any form of TAXES?? STATE ( = corporation ) Income taxes, Federal ( = Corporation ) incomes taxes, estate TAXES on personal property, etc. etc. any tax you can think of, prove to your self that you own Taxes of any kind? show yourself the so called Law?? When Corporations do NOT make laws, they create corporate Rules, Acts, regulations, statues that fall under Colorable Law = Colorable law is Corporate Rules and Regulations masquerading as LAW, in fact colorable law is not LAW. PEOPLE YOU CAN NOT CONTINUE GOING THROUGH LIFE , NOT UNDERSTANDING WHAT THE f IS GOING ON???????????? DO SOME RESEARCH ON THE TOPICS MENTIONED IN THIS COMMENT, for your OWN Benefit???? Enjoy your days being FREE if you even stand up to the Bullies in your lives ......... LOL?
@Rubi_09023 жыл бұрын
Wow! I did not read your longass reply!!
@vanmalaphongsavan5512 жыл бұрын
Thank you very much your expertise in trust experiences and helping those not understanding will help my clients turn to ask and orientation in our workshop...
@koukimonzta3 жыл бұрын
Thank you for all these informations for all of us misinformed or partially informed.
@PeterRaiblais3 ай бұрын
Don’t forget this is just the first step out of about a hundred in a complete Legalese Administration.
@frankll55644 жыл бұрын
Great piece! You make it so easy to understand. Thanks
@eg_ak845 жыл бұрын
Had to watch the video twice. I was hypnotized by the eyes in the first video and forgot what I was doing for a minute.
@randyc7545 жыл бұрын
That was a SUPERB intro. Lots of questions answered for me. Thanks!!
@jhennesay2 жыл бұрын
Thank you for this breakdown. The information provided in this simplified overview was helpful as I look at how to protect the family and the future of the family in my absence, hopefully down the road a loooong way.
@veronicaduarte18995 жыл бұрын
Thank you for the great explanation!
@ernie5482 жыл бұрын
Been there. It's a good thing. There is a lot they assume and don't tell you. Later can become quite complex and painful. A lot of 'if this happens....'. I'll still get one, just with a lot more details in it. A lot.
@RichHernandezEnt Жыл бұрын
This was actually very helpful!
@jonathonburnett72925 жыл бұрын
Oh my god this was incredibly helpful and the analogy/metaphorical references helped greatly thank you!
@FamilyAgingLawCenter5 жыл бұрын
Love it! Thanks for letting me know!
@candyapplez34383 жыл бұрын
Lawyers will always always come up with a list of reasons to get an irrevocable trust. The truth is is that they just want the fees to change it when you need to change it. Revocable has worked very well for me. Because I can switch anything out with out the cost of a lawyer.
@johnchristopher203 жыл бұрын
And it an be switched by any creditor by taking you to court.
@SuccessIsInProgress2 жыл бұрын
@@johnchristopher20 lol Truth. Love the statement you made and how simple you made the difference between the 2 😂
@wiseguyst Жыл бұрын
The best alternative is a family limited partnership
@AlexShantyOldLawModel Жыл бұрын
That is why I’m getting the ancestor built crime free inheritance plan installed and serviced by arbiter interdiction Fiduciary Security Allied Legal Professional inheritance system in July at a one time fee of a Prebate nickel on the gross estate value to spare my children the Probate dime to avoid the quarter DIY Trust litigation cost.
@AlexShantyOldLawModel7 ай бұрын
And so can inheritance thieves so we use forgery proof Fiduciary Security Allied Legal Professionals who protect seniors and minors with a forgery proof permission validation Interdiction Living Trust Crime Restraint Inheritance Administration. With 70 to 100 safety steps to avoid the DIY document thieves.
@stefbowie4 жыл бұрын
This was soooo helpful and simplified! Great job! Please keep them coming...
@kokololpo7774 жыл бұрын
Thank you. Clearly explained. Love short useful videos like this. It was great
@robin62903 жыл бұрын
Thank you! You just gave me more info than I got from my lawyer when I created an irrevocable trust. I need more info on funding it and I had no idea the trustee has to pay taxes on the trust.
@joeyung41334 жыл бұрын
Thank you for the excellent video and really like the way you explained in clear, simple terms and the importance of funding the trust.
@JC-ef5bs5 жыл бұрын
This was extremely helpful , thank you for the clarity !!
@FamilyAgingLawCenter5 жыл бұрын
So glad you think it was helpful! Thank you for letting us know.
@i_am_powerballinrich11193 жыл бұрын
Very impressive video. Much more success to you in 2021
@momofmush5 жыл бұрын
Thank you, the first video I've come accross that explains things clearly and simply. Wished you were based out of NJ.
@FamilyAgingLawCenter5 жыл бұрын
Thank you! It's always my goal to be clear!
@louisakeddell16285 жыл бұрын
Thank you! This is incredibly helpful!
@troy50073 жыл бұрын
SHE IS LIEING to you, it is sad to see that people commenting have NO CLUE , what they are listening to, and refuse to do their own research to verify that she or any so called Trust lawyer is telling you the truth, The Blind leading the Blind as they say.... ?? THEIR is NO estate Trust that protects one's estate because YOUR so called estate has NEVER been recorded or registered properly on the land. How can you verify this information shared, by looking at your Property tax bill and the Fictitious name on said property tax bill. #.1 pay attention to how many acres you pay tax on? Land is property, if you see ZERO acres of land that you are paying taxes on, that is a MASSIVE red flag? . #2. The name as written on your Property tax information is NOT YOU another MASSIVE RED FLAG. Your FULL LEGAL NAME includes in the following order... Your Given Name and your last name. Your given name is your first and middle name IS your given name, then your Last/fathers name. Does not matter if you are married or single. So for example, Your displayed name is Louisa Keddell, now if your name was written in all caps e.g. LOUISA KEDDELL - this all caps description is not you, it is a fictitious name created by someone else, and it is fraud against you. If you have a middle name? lets say your middle name is Clair?
@bankerssilvermoon4 жыл бұрын
Thank you for the simplified explanation. The trustee we are dealing with did not do anything she was supposed to do and now we are close to having to go to chancery court.
@sandraortiz-yang62115 жыл бұрын
very helpful information and clearly explain...thanks!
@mettadata4 жыл бұрын
Great overview and communication skills. Much appreciated. I may need to call your firm now!
@johnshields86895 жыл бұрын
This is an eye opener, thank you!
@joeycmore3 жыл бұрын
Thanks for the awesome, simplified overview. After watching numerous videos to acquire info, this one definitely clarified the most info. May I suggest for the future you identify jurisdiction and how broad your info applies geographically? States and countries vary widely I've now learned.
@FamilyAgingLawCenter Жыл бұрын
This information is generally applicable to how trusts work in the United States. That being said, I would never advise anyone to try to draft a trust themselves or to do it online without specific legal advice from someone qualified in their state.
@jamesbrean800410 ай бұрын
I just got into estate planning and business I have a book on economics and took a class at community college
@arkadandfortuna1582 Жыл бұрын
Is there a video that illustrates how to fund the fishbowl? With examples? Still somewhat confusing
@KGB13155 жыл бұрын
Depreciation of assets, can a trust help with that or are there some other procedures?
@ingeborg5435 жыл бұрын
great information, need to learn more ! Thank you !
@FamilyAgingLawCenter5 жыл бұрын
Thank you!
@monalouise69965 жыл бұрын
This was very helpful. Thank you!
@TheResultsCatalyst5 жыл бұрын
Good to hear! You're welcome.
@trackmastersdj3 жыл бұрын
In a case where a fraudulent Trust was created through Undue Influence & Lack of Capacity: Let's say the document is determined to be VOID by the court and the valid pre-existing Trust is accepted as the correct one. How do the beneficiaries then collect their rightful inheritance? Does the probate judge order the stolen assets to be returned and distributed according to the valid Trust document terms? How does that work? It gets extremely complicated when there's a 'bad Trustee' who is adversarial towards the beneficiaries and steals all the Trust assets.
@karenhenderson54767 ай бұрын
Very informative...thank you!
@chrisblackrealestate4 жыл бұрын
Great Video! Thanks so much for sharing. I am planning to refocus my real estate sales business toward selling estates. I have found that the beneficiaries are the most appreciative of all my client types and I really enjoy helping them. I am offering three options: 1. Cash purchase 2. Realtor Services 3. Renovation Services to increase purchase price. What other services do you see that your clients would benefit from when inheriting real estate either through a trust or a will? Thanks so much! - Chris Black, Assoc. Broker (Serving DE-PA-MD)
@filipinasantos27696 жыл бұрын
me and my dad own a house 1/3 for him and 2/3 for me thats the partition on the dead or the tittle owner, he make an revocable living trust, he make my brother and sisters as his beneficiaries im not mention or included on his trust, now can i refinance the property for renovations?
@FamilyAgingLawCenter6 жыл бұрын
This is a complex situation, you need to talk to an attorney.
@TheAlfadork8084 жыл бұрын
Beautiful! The info was awesome also.
@janetpattison84745 жыл бұрын
Thanks for this info.....You state, A revocable living trust DOES not provide asset protection, & this is a problem for some, but I have no idea what you're talking about, w/ "asset protection".
@ursulamurtagh69692 жыл бұрын
If a person who has got a lot of Health Care Issues including a wheelchair user and is planning to buy a wheelchair van for the PA to drive, How do I go about getting it?
@Bmywudt2 Жыл бұрын
What identification will the bank require if an individual is the a trustee of a trust?
@macoppy65712 жыл бұрын
I'm having difficulty concentrating on your message because the audio is over modulated and clipping. Couldn't get past 1:25. I hope you try again, your delivery has good energy. 👍
@ncvman6 жыл бұрын
This is great thanks. Love your hair and look. You look like Jessica Biel or rather she looks like you. Pretty.
@duckgirl213 жыл бұрын
Thanks! Nice presentation!
@avpr1c Жыл бұрын
What is the best solution for middle class asset protection? Irrevocable Trusts seem to be the solution but is an LLC or something else better?
@lilyscandiuzzi71684 жыл бұрын
Wonderful information. Thank you!
@gdog63533 жыл бұрын
Bravo! :-) what a vibrant super smart super lovely lady! 🙌
@marilynsmedberg-gobbett17835 жыл бұрын
When it comes to second marriages with 3 daughters on one side and one daughter on the other, what is the best type of trust for protection for my one daughter,? I come to the marriage with more assets and I want to protect my one daughter's interests. Very good material in the video. Look forward to your comment. Thanks
@TheResultsCatalyst5 жыл бұрын
We often do separate trusts that are fully funded for situations like these. Of course, you need specific legal advice from a competent attorney in this field for the "right" answer for you.
@alcapone120006 жыл бұрын
hello your video is very interesting and easy to understand the initial process of a trust. I have a couple question if you could clarify, my appreciation in advance. 1. I read that in a Irrevocable living trust changes are not allowed. Is that true? So, if I have a property in this kind of trust, I can not sell the property or make any change to it? what kind of restrictions are included in this kind of trust? 2. If husband and wife do a trust can they be the trustee of each other in a revocable or irrevocable living trust? Can one be the beneficiary of the other?
@FamilyAgingLawCenter5 жыл бұрын
In some types of irrevocable trusts, you can make changes. This is a specialty area that attorneys like myself can help in. Spouses can be each other's beneficiaries, but it needs to be set up properly if you are trying to achieve asset protection.
@williammoopo9811 Жыл бұрын
Thank you for your erabolete vidio, very benefitial to your audience
@eleon67373 жыл бұрын
Thank you for this. This helped a lot!
@haroldd69544 жыл бұрын
This was Excellent!
@FamilyAgingLawCenter4 жыл бұрын
So glad you think so!
@jamiekeedy85773 жыл бұрын
Great video, very informative but the only thing that makes me nervous is not being able to manage my own assets and money that are in the trust? Is it true that someone else manages the accounts in an irrevocable trust?
@ruth87565 жыл бұрын
Thanks so much! Very important and helpful information! !
@FamilyAgingLawCenter5 жыл бұрын
I'm so glad you found it helpful!
@keithwalker72454 жыл бұрын
Thanks as I have a living will and benificiaries but now I’m thinking of doing a trust post death
@dks138274 жыл бұрын
Do a trust, now. Avoid probate unless you love lawyers, judges, and endless delays.
@bellarue79935 жыл бұрын
If there are two people in a trust and they can not come to an agreement such as in selling or not selling a property, how is the decision made? Who can "break the tie"?
@phillandillan2 жыл бұрын
So im in a situation here. My grandpa own half a house in Arizona and put the house in his trust to give to his family. Now he has passed and the other owners of the house claim they own 100% of the house now. Is that possible?
@serafinaserafina2193 жыл бұрын
Greetings, from Atlanta! What about vehicles? Can we put our cars into an irrevocable trust?
@orinocoproductions59944 ай бұрын
I want to make a trust with a clause that it will change according to my will when I pass. The reason is I want to be the beneficiary whilst alive (property trust/holding trust) but upon my death, I would want to change it. So, do I go for the revokable trust then? For now?
@hueholla5 жыл бұрын
Thank you! This was extremely helpful
@drumsmith2153 жыл бұрын
Very helpful video..thank you.
@rafdecc5 жыл бұрын
STATE OF NEW JERSEY WOULD NOT ALLOW ME TO PUT MY VEHICLES INTO MY TRUST; I.E. MY NAME, TRUST??? HOW DO I DO THIS??
@r.arabian30565 жыл бұрын
Appreciate the video and the way you presented it. But.... 401K and IRA beneficiary designations allow for a rollover and conversion to a death IRA which keep it from being taxed at a higher rate, no? Life insurance I agree should go to the trustee of the trust but I would caution not planning for high tax at a lump sum distribution...
@FamilyAgingLawCenter3 жыл бұрын
The distinction is in whether or not the trust is a qualified designated beneficiary for IRS tax purposes, and whether it allows for the trustee to choose a conduit or accumulation trust, or even bypass altogether. These are obviously quite advanced topics, but the point is the trust can actually be a very important part of receiving even qualified funds.
@jvolstad6 жыл бұрын
I have most of my CD's set up with a payable on death clause. The cash is going to a charity I support. I do have some money set aside for my brothers. I also have a corporate executor through my bank. Speaking of trusts, I am a co-trustee for my Mom's Estate. Unfortunately, the distribution is not going smoothly. One beneficiary is upset about the amount of money that she is receiving, another beneficiary has his money in a spendthrift trust where he only receives so much per month.
@garydevlin53254 жыл бұрын
Great job....very helpful👍
@jlpaints3 жыл бұрын
Excellent vlog!
@Montery126 жыл бұрын
I understand that "funding the trust" is important as beneficiaries would gain from it. I do not understand why would a home that is worth 500,000 would not be an asset listed in a trust. Please explain.
@FamilyAgingLawCenter5 жыл бұрын
In Michigan, a home held in a trust is not an exempt asset for Medicaid.
@richardmcnally599810 ай бұрын
That was outstanding.
@FamilyAgingLawCenter10 ай бұрын
Thank you!
@CemeteryGates0073 жыл бұрын
can i change an irrevocable trust, to a revocable trust at another time?
@susietran4749 Жыл бұрын
I'm lives in State of California , I would like to purchase Trust 101 please
@u235u235u2352 жыл бұрын
can you create a living irrevocable trust with a bank account number already established with say $10k deposited, the trustee and beneficiary established and all the rules of the trust (e.g. pay out annuity style to beneficiary between age 30 and 67) already established so upon death the will just deposits the money into the already established trust bank/routing account number?
@autumnbaby21072 жыл бұрын
Do I have to include my spouse as a grantor if I want to have my own, individual trust?
@RightWingCon815 жыл бұрын
Great video. I’m a soon to be attorney who is interested in doing this as part of his practice. Great simplified information. I’ve been getting really detailed info but it’s good to be reminded and reenforced with basics.
@FamilyAgingLawCenter5 жыл бұрын
I'm glad you're trying to learn. So many attorneys that "do this" don't even really understand it. Be different!
@carolconnors394 жыл бұрын
How can we tell if my mother had a trust? My brother is the executor of her estate and refuses to share any information or provide paperwork. Also, If my mother’s IRA and bank accounts only have my brother listed as the beneficiary does that mean he gets to keep the money or does it go to part of the estate I’m not sure and I am not sure how to find out.Thank you for your time
@dks138274 жыл бұрын
You need a lawyer now to write a letter to the jerk brother. You must see all the info. All that money goes to your brother, yes. But he is supposed to divide it with you.
@jor6042 жыл бұрын
Welcome to my world! My older sister works for an attorney and she had my parent’s Trust “updated” a few months before my Father passed away. She had my brother’s name removed from the Trust so he wouldn’t lose his inheritance to the bankruptcy case that he was currently involved in where he lived out of state. Her boss, the attorney had no idea that my Father no longer had the capacity to make sound decisions, since his office was 4hrs away. To make a long story short, she had control of everything, she laughed at my copy of his will stating it meant nothing! I did receive a few items, mostly things that no one else wanted. My three boys have been told by their Grandpa that they were going to receive certain things when he passes, they received junk no one else wanted. My siblings had been discussing things for months behind my back, unfortunately they are now dead to me. I work with several people who have went through the same exact thing. Same story with different people.
@GAMEoVIDZ Жыл бұрын
You might talk to an attorney. I went through probate today and they asked if there had been recent changes and if my dad was in sound mind when he set up the trust. I’m sorry that this has happened to you.
@1luckyccmom3 жыл бұрын
So helpful. Thank you !
@jamesearly7183 жыл бұрын
Can I get a flow-chart and recommend re-recording/re-master the audio?
@jamesearly7183 жыл бұрын
Can I have a trust formed, fund it with a savings account, and what limitations are placed on use of accounts and assets inside the irrevocable trust?
@marialanza72233 жыл бұрын
Hello! What does provide asset protection during your lifetime?
@krosecans3 жыл бұрын
How do I become an executive agent in the trust that was created at my birth between me and the federal government?
@ThePeanut9953 ай бұрын
what if you already had a will made but now would prefer to to have a living trust. Can you have both? I prefer the house to not go through probate as my invalid sister is living there and would like her to remain as she is one of the 3 beneficiaries.
@FamilyAgingLawCenter3 ай бұрын
In almost all instances, even when you have a trust, you also have a will. However, it is usually a specific type of will called a "pour over will." This is something to discuss with your attorney!