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Do you have a GOOD Living Trust?
Рет қаралды 1,764
Күн бұрынExplore living trust 101 in our video! Do you have a good living trust? What is a living trust? Understand living trust asset protection, revocable living trusts, and living trust vs will comparisons. Let's demystify trusts together! 👉 Book a Call at www.cunningham... for estate planning, living trusts, and how to create a living trust.
"Dive into 'Living Trust 101' with our comprehensive video: 'Is your trust a good living trust?'. We'll guide you through key aspects of living trust asset protection, the specifics of revocable living trusts, and the crucial differences between a living trust and a will. Learn what a living trust is, why it matters, and how it can secure your assets and ensure a smooth inheritance process. Join us as we demystify the world of trusts, providing you the insights you need to make informed decisions about your estate planning. Don't miss out!"
👉 Book a Call at www.cunningham... to learn how to make a living trust, avoid California estate tax, and talk to a family trust lawyer.
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@tulsatom4307 5 ай бұрын
* Question: at 31:32 you state that, “the assets need to go into the name of the TRUSTEE”, * Is it in the name of the [ ] Trustee ?, or the [ ] Trust ?
@CunninghamLegal 5 ай бұрын
It’s both. If David Brown has a living trust named the Brown Trust that was created on March 15, 2024, title to a bank account will read “David Brown, trustee of the Brown Trust dated March 15, 2024.” For real property, we normally see people take title as “David Brown, trustee or successor trustee of the Brown Trust dated May 15, 2024, and any amendments thereto.”
@wompol7117 5 ай бұрын
what about complex trusts with affiliated ILT?
@CunninghamLegal 5 ай бұрын
Complex Trusts are, by definition, irrevocable trusts. Living trusts are revocable while the creator/grantor is living. These are completely different trusts!
Toby Mathis Esq | Tax Planning & Asset Protection
Рет қаралды 59 М.