Why The Rich Put EVERYTHING In Their Living Trust

[@bluesoverlord]

Be careful who you get as a trustee. My parents got a family friend from church who is a lawyer (and supposedly a righteous man) to do their trust. I was the trustee at first, but I found out later that this got changed to the lawyer. The document had my father’s signature which looked like chicken scratch and meandered down the page before falling off. He was in no condition to sign. Looking back, my mother had onset of dementia by then, but there was her signature as well. The effect? As trustee, he charged between $4000-5000 per month to write 4-5 checks “managing” their estate. He sold their house, and I’m still not sure where all that money went. And so for what’s left, it would cost more in lawyer fees to go after him than worth it. And this was just one of more than 20 clients he had on the books every month. How can he answer to God that he was fair in his business dealings?

[@fairydust1615]

You should report them to the state bar of your respective state! The state bar may want to look intimidated his books.

[@MrNanah38]

You believe in God but he doesn't, that's why you got tricked. Sorry.

[@kennethabbott3856]

To answer your question about him answering to God: he, obviously, doesn't believe there is one. To add a bit to my original take: There are, without doubt, thousands of charlatans who publicly espouse Christianity because it gives them credibility with people that they view as gullible, easily manipulated, and an easy source of profit. To their credit, they will likely continue to profess their beliefs even when caught blatantly violating them. One has to maintain the proper appearance in order to continue the con.

[@tyblock2k]

I'm so sorry about your situation. I really hope that you get everything you lost back. No one should have to go through that.

[@neckbone3943]

Kind of like the Joel Osteens of the world.

[@Krunch2020]

Put real estate in a trust. Use Transfer on Death or Pay on Death accounts at brokerages and banks. Use beneficiaries on IRA’s and 401k accounts. If your family situation includes divorce, step children, or other complex family situations then everything needs to be in a trust.

[@audreyl704]

thanks

[@crazycdn8327]

Even better put real estate in an anonymous LLC from Wyoming or Nevada which owns the LLC created in the state the asset resides. No one can easily get your name. The trust can then give power over the anonymous LLC.

[@Zmap6191]

​@@crazycdn8327 you actually need a TX series LLCs as you don't have to file each year for each LLC. You get the same annonimity and charging order protections and save a lot on yearly filing costs. Other attorneys live WY or NV LLCs because they can charge you for the yearly filing fees. I have this set up in my Trust for all my LT, STRs and Primary real estate.

[@lingreen5043]

@@crazycdn8327won’t the corporate transparency act remove any anonymity?

[@danielarivas3377]

Do you have any idea how much I will need to pay? approximately to an attorney to put a small house on a trust?

[@mikeshaw4610]

My dad recently passed away and had a trust but also had a few things not in the trust. The trust defiantly makes things easier than probate for anyone one the fence.

[@sw_t7383]

What sort of trust did he set up if you don't mind sharing?

[@mikeshaw4610]

@@sw_t7383 his was irrevocable but per my understanding revocable would have worked the same.

[@douglasscovil3447]

Some things do not belong in the Trust, like IRAs and 401Ks.

[@9liveslisa]

This video was very helpful. I had a revocable living trust drawn up after my father left me a house and some money. I was told I should get one, but no one (friends, family, etc.) really gave me a good explanation as to why I needed to get one. So I hired a large well-known law firm in a major city. I thought they would explain it all to me because my knowledge was really zero. I walked out after several visits with them still not really understanding why it was important. I was clueless. I am divorced with no kids, and now I am retired. I just accepted that I did what was necessary and after I'm dead it will all fall out the way it is going to. Basically everything is going to a world charity. The Trust is pretty simple. I have a fiduciary who will step in should I become incapacitated or die. I also asked them to be the executor. But what I learned from you is how the Trust is not recorded anywhere (I wondered about that), though my bank and investment people have noted that I have a Trust. My Trustee has retired, so it looks like I need to get that changed in the Trust. One question I have before I do that is "Should I not have my fiduciary also be the executor? Should I get someone else to do it like maybe an attorney?" Not put all my eggs into one basket.

[@llee2096]

Leave it all to me... You can transfer most of it now... You can trust me more then any of these lawyers 😊 😊

[@ftft98]

No, don’t make your trust lawyer also the trustee of your trust. My aunt was alone when she died. She appointed her trust lawyer as her sole trustee, and that lawyer stole money from her trust, just because he could. There was no additional trustee to monitor his actions. I only found out about that because of a special issue that involved me.

[@igoodkid334]

all the information is online. How can you not know what a trust is before going to throw money at attorneys? Read

[@9liveslisa]

@@igoodkid334 Well aren't you special? I don't know about you, but i have a lot of knowledge, but I don't know everything. And I'm wise enough to know it. You just sound like a punk kid/adult who thinks he knows a lot and knows nothing. At least I have the wisdom to know the difference. Good luck to you.

[@llee2096]

@@9liveslisa everything is going to a world charity? Oh my... You can't find a few people struggling in this country who would benefit from a little windfall. Sad. Leaving your money to people that are greedy vultures. Seriously isn't there people along your life time that you liked and treated you well ? Or are you just too lazy to write a list find their information and leave them all something instead.

[@iamalphalim]

11:16 Wow, “if you get sober, you unlock this million-dollar inheritance” is great motivation and a chance for a parent to help their troubled kid from beyond the grave

[@KA-x2]

And then once they have the money and no purpose to their life they will spend it all on drugs. A better way is what my friend's grandparents did and that was a list of expectations for life and you unlock bonuses for graduating college, getting married, buying a house, having children (all in the right order) etc

[@KA-x2]

@@robyee3325 lol you never know these days! 2 yr old boy at my niece's daycare gets dressed up like a girl by his parents. I doubt he made that decision on his own. When I was 2 I thought I was a dinosaur

[@rongeorge574]

I'm dealing with one of those cases now. The lady was rich, and only heir was on drugs, so she said she would inherit everything if she would be sober, but she wasn't. Her estate was worth millions. The attornies sold all the real estate to peanuts to their friends, and the grandaughter got $150. seriously

[@p9a9r21]

I have been recommending and promoting trusts (personal / business) in lieu of prenups for decades.

[@charlesschenck2354]

Can you give me more details how a trust would work in a prenup situation?

[@p9a9r21]

@@charlesschenck2354 I'm not an attorney so you should consult a competent trust council for the particulars of your situation. That being said I can talk about how just after I got engaged to my second wife I spoke to a lawyer about protecting my assets in the event my proposed 2nd marriage didn't work. We discussed prenuptial agreements in some detail. But my lawyers view that given the courts in our then domicile were having extensive litigation over prenups he considered them not the best option. However since I had accumulated significant financial and real property assets and had no outstanding debts/ mortgages a series of trusts and LLCs would provide a much better legal structure. I didn't have any children so my mother, sister brother and my nieces and nephews became successor beneficiaries to various trusts. I didn't have to discuss these financial arrangements with my then fiance in detail but I did let her know I was putting things in order before our marriage. As a precaution my lawyer set up a separate trust for my soon to be second wife with $50k in cash and a paid up life insurance policy. My lawyer wanted to be very sure if he had to disclose these arrangements to a court later my wife wouldn't appear to have been left out and had her own trust. When my second wife filed for divorce her attorney was certain I had assets that could be included in the marital estate. My attorney described the surprise on her lawyer's (a female) when there was very little marital property to divide. Even the judge in the divorce proceeding was skeptical about the small amount of marital property given my 1040s.

[@michaelblazin4093]

A living trust is completely accessible to your spouse. It provides no litigation protection or direction. Maybe the poster is talking about irrevocable trusts. They might work, but any use of community assets to support the irrevocable trust leaves vulnerable points. Irrevocable trusts with the grantor as the beneficiary have many, many places to screw up.

[@Fishman362]

Having worked at a bank and dealt with trusts at a very basic level i can honestly say they are a nightmare because everything is dictated by the trust so if its not specific and well done then it makes getting everything in order an absolute nightmare.

[@utube7917]

I am the trustee of 2 different trusts and while i had a couple banks who didnt have much experience with trusts, i had zero issues

[@jeremiahanderson1159]

I love the simple summary on this one 9:30 with the easy approach to estate planning if you don't have a plan the state has a plan for you and nobody wants that plan lol

[@JohnLee-db9zt]

This was very well done and informative. Going through estate planning myself, I looked into another estate planning lawyer and his group on KZbin. Found out his group wanted $5k for living trust + required $70 per month for their “deluxe” plan for free legal advice you won’t need. Sorry that’s what I call fleecing a client without actually helping the client. Found a local lawyer who’d do my living trust plus couple of LLC for a little over $3k. The other would have charged me $10k for living trust and couple of LLCs. It’s a lot of legal jargon you have to familiarize yourself with, but it’s not rocket science. Don’t get taken advantage of setting up your estate plan by these not so ethical lawyers on KZbin.

[@nysteelhorse]

Wish I had seen comments like this before putting out that kind of money. (I did it last year.) And they're are a few strategies they'll use that my own regular attorney wasn't aware of. Now I have to be sure to take advantage of every service they offer as often as I can!

[@wendywhite2642]

Thanks

[@skeezix8156]

I over here sweating it because this administration has a tax proposal on the table that would do away with trusts.

[@howtoinvest4yourself241]

Are you referring to the lawyers the Mark is referring people to or a lawyer you found on your own that was fleecing you?(or tried to fleece you)

[@myravictoria8784]

This is just trying to get business lol

[@ClubOceanBlue22]

Let them all think it's going to the state and the church, that way the beneficiaries will be careful to keep you alive

[@davidcopperfieldsny]

My grandmother had a trust. My aunt almost self appointed herself the trustee. She was in a position of power. You can call it elder abuse. When my grandmother was 96, my aunt had her sign over her Florida property to her in front of a notary. This was against my grandmothers wishes. My grandma, who had slight dementia toward the end, was a little paranoid that people wanted her money. When my grandmother died, my aunt took the property, immediately sold it. The trust didn't help anything. We could have sued but didn't.

[@Funtimes900]

What would you suggest to help fix this ?

[@samgibson684]

Sue

[@audreyl704]

OK

[@davidcopperfieldsny]

@@samgibson684 legal fees and just simply the terrible emotional stress involved when suing oftentimes makes it unfeasible.

[@griver007able]

Let God or fate take care of your aunt.

[@lonerhino3229]

True. An inheritance can cause huge problems. I am in the midst of receiving my parents inheritance. What you said about some not being ready is on the spot too. A living trust is a good tool not available in every country, like Spain. Take advantage of it.

[@kap_g]

This was so helpful! I’m excited to share these points with my very stubborn dad. Thank you😊

[@ColKurtzknew]

Two minutes in and this has the feel of one of those extended infomercials.

[@POLYMATHSORTA]

welcome to small business youtube channels. duh

[@darbyohara]

Yup. No real info here

[@LilyWasHereMB]

That's called The Internet

[@siilksecret167]

True... Too much convincing. Why not just share the info?? Those adults who want it will take it!

[@andrewrivera4029]

My wife and I are a bit nomadic in retirement, we’ve got a trust in our state of residence but do not plan to live here the rest of our lives. Do we need to move the trust to every state we move to in the US? What happens if we move abroad?

[@audreyl704]

offshore trust

[@michaelblazin4093]

You trust should be in your state of residence. I don’t think it is a necessity, but you have to return anytime that you want to make a change. A new lawyer in new state is going to want you to get a new trust. He is not going to accept someone else’s document. Offshore? That is really problematic. That has got to trigger litigation. I doubt any US account manager will accept that trust document after the grantor’s death without a judge’s signature and a specific order to comply.

[@ThrowBackZone]

Controversial opinion: If you don't have a trust, you're basically saying you don't care about your family's future. 😬

[@RaymondSell]

Screw them!!

[@annamartino5681]

Interesting topic of the Trusts and Estates. Please make a Video which compares Trust Fund Taxes with Individual Taxes and at least explain at which level of assets it is financially beneficial to set up the Trust Fund (and describe the differences for each type of Trust and reasons to set it up and what goals does each type of Trust helps achieving). Please also outline which typical assets should be going into which types of Trusts and which assets should never be put in the Trust from a Tax Perspective. Thank you in advance.

[@janellewiseman345]

Anna this information would help me to understand

[@mikeuptegrove]

Sounded more like a sales pitch than it was really useful to us. I’d have preferred more ideas and less, “general”, options that, “are possible”. I would’ve preferred to hear solid recommendations or common recommendations that come about when looking into each of the provisions you talked about. I think smart, core, ideas about best tactics would’ve been more useful. Everyone already knows the stuff you guys said. It was just more generalizations. Tactics and how it actually works would’ve been more useful. Like why or how does it keep the state and fed from taking things from you? Cause the bottom line is, and we’re all seeing this as Americans, legal documents, like the constitution for example, aren’t even protected. We live in a banana republic with criminal activist judges and their criminal public employee minions making it all up as they go.

[@brucetopey8071]

Also the failed attempts at comedy, & the girly inappropriate laughter was not only distracting, but annoying.

[@Madison7807]

A sales pitch with repeated generalities...

[@user-dm5mr1dp3h]

I have worked with these guys to set up my trust. Straight forward, easy to understand, and my attorney and I had good communication throughout. 👍

[@donakmeemanage2217]

How much cost if you do not mind?

[@SSneaks1515]

?

[@ravivdesai]

Who usually ends up as a trustee? Is it a family member or a lawyer. Do they charge to administer this and what are the fees like ?

[@bridgetdimambro1887]

PROP 19 ICalifornia in 2021! The trust is not going to help you. My parents put everything in a living trust and the California State and County put out laws, which were candy coated with "you are going to help these people", and they did not. They are collecting the monies for general funds in California to pay their pension which they lost under Gruesome!

[@adrianob.965]

What if you leave everything to one person, is a will enough, do you still need to go through probate/to court if there aren't multiple people to fight over? Thanks

[@scotttovey]

$2000 is not affordable for someone on Social Security Income. When SSI is involved, the recipient is not allowed to save more than $2000. That greatly limits what one can save money for.

[@lori-annefay4138]

I concur, so in this case I'm thinking a do it yourself might be better than nothing. Notarized including the power of attorney to kick in if you are incapacitated. And directives filed with your doctor regarding your health. I mean what else can you do?

[@deannab8890]

That was very long for tiny amount of content

[@dannytetreault]

P.S. Your video editor is amazing. Incredible quality work!

[@qhuizatlantis8484]

This is so convincing that I wanna make a trust at 26 (time of writing) even though I got no kids nor family yet

[@jongonegone1262]

i just need somebody to pick up my tent off main st. !!!

[@JoeGiz64]

Hi guys, great learning session and new subscriber! I’ve been trying to get a basic understanding of how a living trust works for months. You both nailed it!

[@flavius3896]

If I pay for a trust, do I have to go back and keep paying for updates? What if I want to make a simple change? Can I change my own document at home?

[@PorscheSpeedster-kz6nc]

Be careful to ensure the lawyer does not construct the plan that requires you to keep going back to maintain the plan and they’ll want $1000 per repeat visit. Even names that need to remove revocable from them… Just value bulling and siphoning off your money!

[@Oldplace-xc7pb]

Good tip

[@crazycdn8327]

It does need to be kept updated. If it’s say untouched for a decade lawyers could tear it apart. But it should be super cheap with no updates being made. I think I pay $40-50 every two years.

[@NyamburaES]

Just make sure that the person you intend to be the beneficially is the trust manager otherwise, the lawyer will find a way to help themselves with your hard earned lifetime resources.

[@GuiloryGranteeGrandkid]

We tried that and our greedy trustee changed it costing 50% in billable litigation hours, we needed a NICER approved Trusted Advisor who would have mentored grantors, monitored trustees, and refereed grantees.

[@80ztrip7]

Interesting. I never really understood Trust's but I'm hoping when I finish this video I'll have at least an understanding of them.

[@user_abcxyzz]

A trust assigns your assets upon death so they don't have to go to probate court which can cost money and take a while. You can be even more specific such as how or what your trusty can do. Even after death you can control your assets! That's advanced stuff and will require an estate lawyer

[@AscendedAngel]

Thank you for providing a simple practical solution.

[@marycain5668]

That is crazy advice from the get-go! Because I had to take my two siblings to probate court with a trust as they were not above board with their distribution of expenses, their explanations of where the money was going and what they were going to do with it, and we were all named in that trust to have it in fact divided by 3 that's a little naive to say that you don't have to go to probate.😮 And don't forget navigating from the grave is real.

[@igoodkid334]

You mentioned it would be a good idea To have a will, in addition to a trust, but you didn’t say why. Why would I need a will in addition to a trust?

[@GuiloryGranteeGrandkid]

Estate planners include a pour over will because they are too cheap and lazy to make yearly checkup to add Real Estate purchases. You need an Inheritance Administration Lawyer who adds the services needed to do the job the right way, with a NICER Permission Ledger Interdiction Living Trust.

[@loucinci3922]

Enjoyed the video. Thanks for sharing

[@abelgebremichael2384]

When will you start estate planning in Virginia?

[@happyinapa]

Nolo Press has a great boilerplate Living revocable living trust that walks you through all the decision points/fill-in-blanks. It’s the way to go for fairly simple estate planning

[@GuiloryGranteeGrandkid]

Also used by inheritance thieves when we're vulnerable to change and steal everything we own.

[@happyinapa]

Attorneys use boiler plate, fill-in-the-blank forms. It’s no big deal.

[@GuiloryGranteeGrandkid]

NICER approve trusted advisors use the same documents with about a hundred Inheritance Security Provisions to protect us when we're vulnerable and defend our grantees legacies from inheritance and legacy wealth transfer thieves.

[@kmi4u]

Great informative information and video. Do you guys handle international clients etc. ?

[@rongeorge574]

this is nonsense, they then fight over the trust, and the attorneys take all the money

[@frankieb7867]

*Irrevocable* Initial Trustee can live within the TRUST. Own the vehicle as a Copyright; therefore, no need for an attorney.

[@Cassander314]

Only tell your friends about it, guys like these that offer you an “in” are not your friends and there isn’t even any point in asking “what do they get out of it”

[@brucehanson8481]

Can a nursing home go after a personal brokerage account, 401K, and life insurance? Can they be protected if they're to be left to a Trust?

[@tonymartinez5885]

Great information, as always!!

[@deoman99]

how much does it cost for having a living trust and what are the recurring costs

[@leelastoma5809]

Usually around 1,500 - 2,000thousand. Once you appoint a trustee usually a family member there is no incurring cost. If you assign an attorney there could be.

[@tealkerberus748]

One thing I am certain of: if I die before my ex does, he will challenge my will purely because his legal expenses in that endeavour would be paid by my estate and that would reduce how much I had left to my children. I'm stuck at the moment, but as soon as I can sell my current house I intend to put everything I own into some sort of trust so that when I die it will already all belong to my kids and he can't mess with it.

[@geo92184]

Learning from comments more than from video itself.

[@longwoodcurrencytrading]

Thank you both for your insights into this aspect of life. Critical stuff for sure.

[@Cassander314]

Understand the system and file everything yourself

[@johntynio3416]

They never say where to get the "Estate" in the first place to leave to someone! Why is that? Just like financial planners, they never say where to get the money in the first place to invest! Crazy! Thanks!

[@samuelphillian1286]

Work

[@bootstrapstylerich]

How much does it cost for a lawyer to MAINTAIN the living trust per year that cost you $1,595.00 to set-up?

[@rafdecc]

DOES THE TRUST PAY TAXES AND IF SO WHEN? WHAT IS THE ROLE OF THE TRUSTEE/ DIRECTOR OF THE TRUST

[@j10001]

This really should have been addressed, even briefly, in this video

[@oneshowoneservant]

that depends on how the trust creator set it up. free game: read your states constitutions if you wish to see the people's trust.

[@tam6011]

Trust does pay taxes

[@janoginski5557]

No tax is paid on assets held in Trust by the Trustee/s. Only when any asset is realised. And when I’m here, you do not need an attorney or lawyer to set up a Trust.

[@optioncoachjohn]

No, the living trust pays no taxes, rather the Trustor pays any taxes the trust owes each year. The trust is a pass through entity, meaning tax responsibility passes to the creator of the trust. The IRS instructs the Trustor to not even mention the trust and to file taxes as if the trust didn’t exist. The Trustor files and pays or receives tax’s or refunds directly on their personal taxes.

[@boblais2700]

Thank you, Gentlemen! Much appreciated!

[@douglasscovil3447]

a RLT is only Revocable while you're alive. when you die, it automatically becomes Irrevocable.

[@PragmaticClient-w5c]

NICEP caveated the RLT fails NICER Interdiction Living Trust is forgery proof.

[@cookt8]

Played? Absolutely. Makes perfect sense when corruption is rampant.

[@Cassander314]

Pay nobody to “manage it”

[@bluesoverlord]

This is true, 1000%!

[@jpncompany6275]

If they are not financially educated and disciplined money can hurt them. But in my case the surviving spouse (grandma) is 78, has no financial experience, trusts complete strangers implicitly, and may be experiencing age related dementia. After my father died in an accident , an attorney and business owner, significant assets passed to her and my two kids. She has a living trust. Be aware there are some legal "loopholes" to pass assets to children without any tax or restrictions. Lawyers generally will not advise you to do it because they might be viewed as unethical, and it doesn't make them money by selling trusts but it can be done.

[@vicwiseman6038]

I didn’t buy life insurance because I know I am going to die, I bought it because I don’t know when. You only need life insurance if you have people that rely on your income; that’s it. Oh and $2k is not 1/100 of the cost of life insurance (at least in my case). $2k would cover 5 yrs of premium payments for me and considering most people only need up to 30 years of life insurance, you are looking at at least 1/10 the cost of life insurance, a far cry from 1/100.

[@jevanswslife]

How can I get a list of credit protection strategies discussed at 00:14:30 of the video? I'm in the process of refining my estate plan and I am considering Main Street to help.

[@iamvelvetelvis]

I cant afford 3k is there a diy way

[@GuiloryGranteeGrandkid]

$8000.00 only got us the paperwork that cost my family a million dollars in Trust Probate, get a NICER Prebate Nickel to spare our kids the NICER Probate Dime, or Trust Litigation Quarter to 50% in billable litigation hours. Make payments if you have to it's worth every Penney a DIY Trust change ruined our family.

[@peterfreeman3317]

A “will” won’t cut it. Just about everyone should have a trust.

[@audreyl704]

trust has a will -- you have to get a trust and will

[@atn2666]

Are trusts only available in the US?

[@TomL2025]

I have a rental property, can I set up a living trust?

[@genevieveelaine221]

Can't people do the trust on their own?

[@GuiloryGranteeGrandkid]

We can draft it ourselves, but there are dozens of security steps you need a NICER approved forgery proof inheritance administration Lawyer to write in, our parents estate cost 50% in billable Litigation without NICER Inheritance Security System approved Trusted Advisors. They are held to the highest degree of competence putting clients' needs ahead of their own.

[@Metaphysics-for-life]

This was so useful, thank you!

[@Anthony_February]

There isn’t anything about a trust that makes it less likely to be the subject of family disputes

[@GuiloryGranteeGrandkid]

Your right unless we hire a NICER Approved Forgery Proof Inheritance Administration Lawyer who mentors grantors, monitors trustees, and referees grantees, funds, records, defends, validates, and certifies rightful heirs.

[@eb-pi1pv]

The Living Trust is not protected against LTC & Medicaid, though, if LTC comes with 5 years of establishing the Trust. Beyond 5 years, they can't touch it.

[@stronzer59]

it is not permitted for the peasantry to climb the social Order, those at the Top set the Rules thus allowing themselves total control of the program. Be Happy with FA and their random offerings of freedoms all of which cost lots of dosh.

[@leroymorris6036]

Thanks for the great info.

[@kyotoben610]

In Hawaii, should an attorney that does estate planning better to use or you?

[@dennykeaton9701]

Yes

[@Venus_19786]

Is my Living trust is changeable within my life span? Who is the best person to make trustee? As Jack Nicholson said in Joker movie, haba haba haba whom you trust!

[@ela111961]

Seriously helpful. Seriously mportant. Seriously paying attention to their details. But mixing it too much comedy loses my concentration to pay attention. :(

[@franklinwill22]

What do you mean trust must be funded?

[@kfelix2934]

Placing assets in the Trust maninly homes, real estate, things of big value or have strict regulations like your Steya AUG , Planes, etc....

[@myravictoria8784]

The cost of the trust is expensive for people that are not rich.

[@PragmaticClient-w5c]

It cost our family a million in Trust Probate.

[@mikeshaw4610]

Question: Do you suggest putting personal vehicles in the trust. I have heard it both ways and the main reason, given, for not putting vehicles in the trust is should you have an accident it opens the whole trust if an injured party decides to sue. If the vehicle is owned personally then the trust, supposedly, is safe from any lawsuit.

[@michaelblazin4093]

Liability is not really a driver. Prior to the grantor’s death. all assets are accessible. After death, the likely path is quick disposition of the vehicles. Depending on your state, maybe the specific state process is easier outside the trust. In my case, I have vehicles in two states and the beneficiary in a third state. I felt disposition of the vehicles from the trust would likely be easier.

[@joeuwest489]

Out standing info

[@OldsmobileCutlassSupremeConver]

Better hurry up and give the money Away! It's becoming worthless.

[@brendanrovan9139]

Great advice. Thanks.

[@jorgecolocho8852]

Mark how are you , great information. Question? I have a living trust done about 20 yrs ago my kids are adults the house and biz I had in the trust are gone. I have a new home now and small biz LLC single member. Is my living trust still active or I could updated , what would be my next step now Thank you

[@bluesky973]

Make sure the new home is in the name of the trust.

[@sumathenge3]

What do you mean by your house is gone?

[@donatospoony]

Great video .

[@franklinwill22]

How to execute trust that is already drafted?

[@brendacunningham5070]

Thank You For This Information 💚💚💚💚🦅🦅🦅🦅

[@dannytetreault]

Do you service Canadians? Referral Victoria, BC.

[@mchaudry9811]

My father said never trust 3 professionals: doctors, lawyers and mechanics. Do you own research and make your own living trust. Most of these guys are bloodsuckers.

[@RaymondSell]

👍👍

[@lisamata6243]

Thank you for this video

[@cutecuteoldold]

TQ gentlemen God bless you

[@Jackstraw911]

My aunt and uncle had a very expensive trust set up, in the end it did nothing to help them………….

[@lLeon44-g7j]

Your guest said "We want to make this affordable to everyone", I doubt he meant it. I am a disabled vet on a fixed income there is no way I can pay a lawyer 2 grand, I dont have a $100 in the bank. but I do own a house, a car... I need to do this to save my wife and son trouble down the road... PLEASE help.

[@GuiloryGranteeGrandkid]

Make payments to a NICER approved Inheritance Administration Lawyer if you have to when they arrive around Thanksgiving. Trust Probate cost my family a million dollars when the $8000.00 Estate Planner Ran from the Plan. Because he didn't charge enough for all the behind doors services needed in a complete inheritance and legacy wealth transfer.

[@RaymondSell]

Did you hear 👂 that Pin drop?! 👈

[@JoshSpace]

Is it true that the amount that can be used as a write-off from a CRT donation is limited to 60% of our previous year’s AGI?

[@crazycdn8327]

Maybe pay for professional advice instead of asking strangers on YT?

[@JoshSpace]

@@crazycdn8327 he is.

[@twilahixon2456]

Thank you so much!

[@prudence_business]

Yessss 100%! Love this video.❤🎉

[@hullbruce]

I often wonder how top level investors are able to become millionaires off investing. I have about $700k to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

[@andbeyondd]

Would you please let me know who the consultant is who helped you with your investment and, if it's okay with you, how I might get in contact with them?

[@roberttheodoregeorge]

If your ultimate goal is riches, then invest. But, if you want to build a long-term, profitable plan, get advice from a financial counsellor.

[@MackTrainingAcademy]

alot of great information!

[@a.d.b535]

$2k for a single person and 1 heir?

[@shawnm2405]

Right? Too much. You can find for 1k most of the time in NYC area. Half that in non cities.

[@707fv]

That is steep. I've seen it for much less

[@keishyradean6496]

Yes do one on taxes

[@jeffreyharrison4045]

Thank you!

[@apricotcomputers3943]

I'm signing up

[@PragmaticClient-w5c]

How did that work for you? There are a hundred steps in a complex administration thee guys know nothing about.

[@LuisAlfonsoGarciaSegundo]

Why you don’t offer this for Virginia?

[@Justaguywithtruth]

Commonwealth State😎👍

[@Parismiami2012]

Do you have to fold a trust in the state of FL?

[@RaymondSell]

What?

[@Parismiami2012]

@@RaymondSell sorry I meant file not fold