Should You Set Up a Trust? Estate Planning 101

  Рет қаралды 31,860

Karlton Dennis

Karlton Dennis

Күн бұрын

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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
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Пікірлер: 46
@kburgess6678
@kburgess6678 Жыл бұрын
Clearest explanation about trusts I've heard in months. Thank you.
@iLadon616
@iLadon616 Жыл бұрын
You have definitely been a godsend. Thank you for ur charity of knowledge 💜
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@Ashbunny86
@Ashbunny86 10 ай бұрын
TY! I’m currently signing up for my benefits and I want to set my twin nephews up for success no matter what!
@deirdrethompson4508
@deirdrethompson4508 Жыл бұрын
Your delivery is clear along with your tone. I’ve learned so much from you. Thank you and I will continue following you for more valuable information.
@kacolorado
@kacolorado Жыл бұрын
Great way to keep it at a 30,000ft view and still concise. Trusts can get very complicated, very quick. I’d argue most people really don’t need one, until later in life. And the reason is because a lot of accounts have a transfer on death law that bypasses probate. Also, many people move homes (probably their largest asset in a trust). Every time you amend your trust, that’s an attorney billing you to change it.
@seatruth5737
@seatruth5737 5 ай бұрын
You'd be wrong about everybody doesn't need a trust. If you have children or a spouse - you need a trust.
@anonomous7936
@anonomous7936 Жыл бұрын
Thankyou for speaking plainly
@paulsaville8393
@paulsaville8393 Жыл бұрын
Excellent, simplified explanation. Thank you!
@mosesmack2762
@mosesmack2762 Жыл бұрын
What a stud. Never fails to explain
@rudene75
@rudene75 Жыл бұрын
I will be establishing a trust and will give more thought to irrevocable or revocable trusts along with who will be the trustee. Thanks for the valuable information.
@consciousself5375
@consciousself5375 Жыл бұрын
Thank you for the info and I love the blonde. Change is great & knowledge is gold🙌🏽🙌🏽
@realsoul2350
@realsoul2350 Жыл бұрын
Thanks!
@danadane2314
@danadane2314 Жыл бұрын
Can you purchase a home or car under a trust?
@prudentmom
@prudentmom Жыл бұрын
Very informative and brief 👍🏾
@kaydiemama868
@kaydiemama868 Жыл бұрын
Check you out with the new “do” it’s so cool! Thanks for providing practical and helpful information AND doing it in style!
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@transcend3145
@transcend3145 Жыл бұрын
Good info. Talk about one member trustee & grantor
@MsTwilightSpeaks
@MsTwilightSpeaks Жыл бұрын
Thank You!!
@Parthsean
@Parthsean Жыл бұрын
Watched the first video and subbbed!
@christophersimmonsbigrednc9964
@christophersimmonsbigrednc9964 Жыл бұрын
Great info! Thank you.
@AubryTurner
@AubryTurner Жыл бұрын
Good information. Thanks for this.
@robz.3225
@robz.3225 Жыл бұрын
You nailed. Well done.
@robz.3225
@robz.3225 Жыл бұрын
You could give powers of attorney for health care and financial. Also I think the estate tax Isn’t a problem for more people.
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@jvolstad
@jvolstad Жыл бұрын
I have most of my estate going to charity. That includes my traditional IRA.
@DaiLeeKnoX
@DaiLeeKnoX Жыл бұрын
Thanks for this video !
@Yahbklyn
@Yahbklyn Жыл бұрын
Question, My mother is the executive of my grandmother's estate which is primarily air property. There is the house that is on the Homestead that is dilapidated unlivable. I want to rehabilitate the house via getting alone to do so. Am I jeopardizing my future by doing that being that the house is considered on the homestead
@lenoxlane
@lenoxlane 10 ай бұрын
Hello I'm a single mom of 1 who is 28. Should I do a revocable trust or a living will.
@TrueHarvestProperties
@TrueHarvestProperties Жыл бұрын
What do you think about using trusts instead LLCs for business?
@nephewsouledout
@nephewsouledout Жыл бұрын
Are there more favorable states to file trusts and estates in?
@Twinzma
@Twinzma Жыл бұрын
If one of the spouses passes away, and moves from their home, does the living trust have to be redone again?
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@mayrasilva5968
@mayrasilva5968 Жыл бұрын
What is a living trust?
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@YKAYNJ
@YKAYNJ Жыл бұрын
🙏🏾🙏🏾🙏🏾
@themindexperiencesofnadirs1944
@themindexperiencesofnadirs1944 Жыл бұрын
👏🏾👏🏾👏🏾😎👍🏾
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@nogoogle6349
@nogoogle6349 Жыл бұрын
Go to an ATTORNEY if you need a TRUST. The only person you should speak to is an ATTORNEY.
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
@LoveConquerz
@LoveConquerz Жыл бұрын
Not true your bank can help establish a trust
@combatdouglas1306
@combatdouglas1306 Жыл бұрын
What happened to your head?
@frankgarrison4496
@frankgarrison4496 Жыл бұрын
kzfaq.info/get/bejne/gpxjfqqU2rPHn40.html
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