Will vs Trust l The Difference Between a Will and a Trust

[@ayerslaw]

If you'd like to set up a Legal Strategy Session, click her to be taken to my calendar: www.andrewmayers.com/reports/scheduling.cfm

[@user-ch4ex3yy4l]

AFTER WATCHING Quite a few lawyers vid's on the subject, this man seems like he is the most straight forward and honest . He is succinct, he does not add a bunch of stuff to confuse you. I'll likey give him a call asap.

[@ayerslaw]

Thank you for the kind words! I appreciate them!

[@jimmoravec1326]

Easy to understand, clear voice to the point and very professional

[@Sentimentalist0923]

Thank you for explaining in layman’s terms!

[@ayerslaw]

You're welcome. I'm glad the video was helpful for you.

[@cchico41]

this is great. what if someone has a will and a trust? is the executor required to provide both documents to their beneficiaries after the person passes?

[@ayerslaw]

Whether they need to provide either document really depends on whether the beneficiary is listed in the document. The will normally is filed with the probate court, so it's accessible to all, but a trust does not necessarily need to be provided to all family members. I would suggest talking to an attorney in the state where the trust is located to see whether it needs to be provided or not.

[@user-ch4ex3yy4l]

Can a person set up a phone call from any state?

[@ayerslaw]

I'm happy to talk to people from any state, but if you're in a state where I'm not admitted to practice law, I am unable to draft a will or trust for you, but I can see if I have a referral for you in that state.

[@rajbeekie7124]

Clear and to the point. Are you related to Glenn Ayers. Before he died, he drafted my will.

[@ayerslaw]

Thanks for the kind words. I'm not related to Glen as far as I know.

[@rajbeekie7124]

@@ayerslaw Glenn was my friend and classmate. He practiced in Minneapolis. On relooking at how he spelt his last name you are probably not related. His spelling was Ayres. I probably have dyslexia and don't even know it.

[@ayerslaw]

@@rajbeekie7124 If he spelled it differently, then it's probably a good indication we aren't related, but it's interesting how we run into coincidences like that throughout life.

[@jackiemansfield8325]

Should I put my only asset, my house, in a trust or make a holographic will is enough?

[@ayerslaw]

This is a pretty common question, but it's one that really will be determined based on your goals for your estate planning and where you live. So I would suggest you speak to a local attorney about which option makes sense for you (and if you're in MN, CT, NJ or NY, I'm happy to speak with you further about your question).

[@chefdave2910]

Crazy how some dumb tiktok vid gets 1 mil views and anything about finance gets nothing.

[@ayerslaw]

If I was a better dancer, I'd be over on TikTok, but alas, I'm here on KZbin trying to help folks out with estate planning and business law.

[@samanthacharlton4123]

​@@ayerslaw Financial "shorts/reels" have been picking up speed lately! Maybe dip your toe in. I'm in financial services ( not as well-versed in estate planning ) and I keep thinking I'll get involved somehow

[@ayerslaw]

@@samanthacharlton4123 It's always a possibility, but I've also found that the folks who watch my videos prefer the longer form and more information vs. the short hit of a short/reel.

[@samanthacharlton4123]

@@ayerslaw Yeah, I see that side, too. I know I prefer long 👌

[@jdmjdm2094]

@@samanthacharlton4123 lol

[@Kind-b2f]

Problems are wheels don't hold crap these lawyers no how to contest them so becareful it's sll the about the money trust sine it over b4 you die so the vultures don't get there hands on it

[@victoriakehres1901]

Please use auto correct spell..

[@moserruya805]

make sure you talk to an attorney, they always need money.