You could have made this so much simpler and saved me the time. Just deliver it straight.
@bobpadrick77183 жыл бұрын
I am an estate planning attorney - I'm SO stealing this concept of DIS-advantages for my next talk!
@missedfortune3 жыл бұрын
Awesome! Glad it helps!
@Atclav4 ай бұрын
It’s just sarcasm can’t steal sarcasm.
@DIYBIGMAN Жыл бұрын
Sounds like a living trust is the way to go
@dinorizo5385 Жыл бұрын
I Think it is too..
@Methodical2Ай бұрын
Yep. No wills for me.
@mhunter65211 ай бұрын
This was actually confusing for someone who is not familiar with this law, jargon and then for me to think upside down backwards about it… Oh, gosh… But thank you 😊
@sellonamazon34902 жыл бұрын
As a lay person, You are confusing the heck out of an otherwise simple strategy. I suggest you speak to lawyers this way and spell out the advantages to the lay person.
@growsinhouseherbiculturali11002 жыл бұрын
Really??
@nashdrifter3629 Жыл бұрын
I'm thinking you are using the term "lay person" as a code weird for something else...... ha Are you really saying this confused you?
@margaretmeaker2830 Жыл бұрын
Are u serious. ??? Surely not... u must be joking
@letitiafullofjoy Жыл бұрын
Sarcasm for sarcasm
@jesset87632 ай бұрын
……. Don’t call him surley
@mandi2094 сағат бұрын
Thank you so much for the education!
@jeromegarcia53962 жыл бұрын
Very great teacher, well planned and delivery of the message wow, I'm not very smart, and I understood this so much more than a whole day of researching this... 👍
@missedfortune2 жыл бұрын
Glad it was helpful and thanks for tuning in!
@leewilson1368 Жыл бұрын
Thank you Sir, for an entertaining take on this confusing subject
@missedfortune Жыл бұрын
Very welcome
@billwashington2014 Жыл бұрын
Who on earth wants to make their assets public and on the public record? If the heirs get upset, too bad so sad for them. Most heirs are clueless and think only about themselves and what they can get out of the deceased. My private trust is ongoing into perpetuity. I’ve seen heirs squander every penny left to them and then end up broke and homeless. A will, heck no. Living Trusts are the smart way to go. Any possible liabilities or liens can be addressed before anyone is deceased, including being debt free and insurance.
@FadyDizzle Жыл бұрын
Are there any disadvantages to set up a living trust and transfer your house at initiation, especially for younger adults? Any tax considerations for that transfer (i.e. moving deed into name of trust - does that make it look like a sale to pay tax on)?
@JaniceHylton6 ай бұрын
Thank you for this content. Clear, precise, and to the point!!
@missedfortune5 ай бұрын
Glad it was helpful!
@manojamin60942 ай бұрын
Daaaamn…you are so funny and intelligent 😂😂
@missedfortune2 ай бұрын
Check out our channel to enjoy more!
@daivonclark51517 ай бұрын
How is this confusing? its actually kinda funny 😂
@zanelesithole46693 ай бұрын
I enjoyed the humor of this video.. lol.. it forced me to think which was fun..😄
@missedfortune2 ай бұрын
Glad to hear it!
@nashdrifter3629 Жыл бұрын
Brilliant learning method. Unfortunately now days you'd lose a bunch of people if they didn't use a trust and spoon feed the facts straight forward to them. Lol Look at some of these comments. haha Good job and thank you for the information sir.
@missedfortune Жыл бұрын
Thanks for watching!
@jamescurry1920 Жыл бұрын
Awesome content. Going to get this Living Trust in place. Thank you.
@missedfortune Жыл бұрын
Glad it was helpful!
@Larjlove2 жыл бұрын
You had me in the beginning, was really trying to figure out the disadvantages besides your 1st example. Cleaver to say the least
@dr.helenw4891 Жыл бұрын
I got halfway into the video thinking, “wait, is this reverse psychology in play?!”
@clytriftg2 жыл бұрын
Lame clickbait. Not at all helpful for people that have already watched dozens of videos on the advantages.
@jaws7794 Жыл бұрын
as soon as he said keep it private.and less real estate tax. Im going to set up my living trust. Thanks I think. LOL😶🌫
@godsloveforthegrievingwido7688 Жыл бұрын
Thanks so much for your information I appreciate it I have a question I recently lost my husband and am now doing a spouses petition we did not have a trust or a will do you have any advice on where to go from here so that I can advise others not go down this road thanks again
@ochicoloto3524 Жыл бұрын
😄😄you got me with your "disadvantages". nice content! An attorney once advised me that a Trust is not necessary in Texas unless you have over 1M in assets or you have out of state assets. do you agree?
@timothybancroft6579 Жыл бұрын
Confusing but great!
@trigama3 Жыл бұрын
This is the way
@joeblow44992 ай бұрын
Thank you. Good info.
@missedfortune2 ай бұрын
Thank you for watching! Check out our channel to learn more!
@SeattleJCB Жыл бұрын
Clever Sir 👏👍 living trust is a must I see or better options! I really need to start looking into getting a Living Trust
@rtovar912 жыл бұрын
"dis-advantage" requires too much thinking. Great speech but using the negative to explain? My brain is too smooth to understand. I'll just keep million under bed.
@booboo6134 Жыл бұрын
This is so helpful. Thank you for sharing and simplifying this process
@amesornish12322 жыл бұрын
And at at 14:03 mins the pitch comes . I'm out
@kezonmcneill3 жыл бұрын
Awesome coverage as always. 💪🏾
@missedfortune3 жыл бұрын
More to come!
@rojoann21483 жыл бұрын
Very informative 👍 Thanks Dough
@missedfortune3 жыл бұрын
Glad it was helpful!
@Methodical2Ай бұрын
Can you put all you savings and 401K in a living trust to keep the beneficiary(s) from having to draw it down in I believe 10 years now and pay taxes to the IRS?
@SaralinaLove2 жыл бұрын
Do yiu have any videos on asset protection trusts and them being the agent for llc's? Thanks!
@wheelie6423 жыл бұрын
i'm confused , You said a living Trust will preserve the family love and you said it will destroy family love.. which is it?
@kauigirl8082 жыл бұрын
LOL! No idea
@jackadamz3 Жыл бұрын
You two are high. He sums it all up at 12:30
@everlastinglife59789 ай бұрын
I thought this video would actually give me some of the negatives. Trust lawyers have lead me to believe that trusts are perfect and nothing can go wrong. I feel like I'm being lied to but I don't know how yet.
@FisherMan-g2z9 күн бұрын
The negatives are they are easy to forge by greedy Trustees and Inheritance and Legacy thieves costing 50% in Litigation while Estate Planners who promised peace of mind refused to help. So we'll get NICER approved permission validation Trust Administration Lawyers to install services instead of easy to forge Estate Plans.
@reycfd7753 Жыл бұрын
Amazing! Thanks.
@kauigirl8082 жыл бұрын
All my financial accounts have beneficiary on it so I'm not sure why I need a trust.
@tysonwilburn65552 жыл бұрын
Very clever!
@BlvdBenny5 ай бұрын
I see what you did here! 😂 sad it completely went over some heads 🤦♂️
@ronwest590911 ай бұрын
GREAT CONTENT dg
@prelitigation1 Жыл бұрын
😂😂 loved it 👍🏼👍🏼. You got a new subscriber
@missedfortune Жыл бұрын
Welcome aboard!
@juanaviles7164 Жыл бұрын
Awesome information
@dinorizo5385 Жыл бұрын
I still go For the Living Trust though ..
@Pln07103 жыл бұрын
Thank you , very informative.
@missedfortune3 жыл бұрын
Glad it was helpful!
@margaritaconde948411 ай бұрын
I understand much better now that you put it backwards🤗now l can do my living trust 👌
@TrustVictim15 күн бұрын
Get an administration Lawyer who installs security not an estate planner who installs Litigation.
@ksmith2852 Жыл бұрын
Timely? It is time consuming. There are executor fees, 18 months, marshalling of assets, and tons of expenses for the estate attorney.
@kauigirl8082 жыл бұрын
Suggest a Living Trust because it destroys or preserves the love of a family? I'm so confused!!!
@jackadamz3 Жыл бұрын
Then don’t listen to this high.
@Epic4Evr1990 Жыл бұрын
So with a FAMILY TRUST, if any of the members is sued, the money will be snatched from the FAMILY TRUST?
@corinnminyard4859 Жыл бұрын
I only have a house that I’d like to leave my kids but I am still paying on it , my husband has past away and I don’t owe anyone anything! Would a living trust make it possible for me to leave my children my house? Thank you! Corinn
@MrsNsf7411 ай бұрын
In same situation, did you get help?
@sofiaarango4606 Жыл бұрын
Hi. Many thanks for your video, it was very well explained and I got a lot of useful information. Also, you look and talk like Phil from Modern Family 😅
@sandersshameka31 Жыл бұрын
He is too funny😂😂😂
@brenchomsky3515 Жыл бұрын
Why not a REVOCABLE LIVING TRUST ?
@MLG88726 Жыл бұрын
DAMN IRS!! WHAT THE HELL!!
@ceebecks2 жыл бұрын
The dis-advantage advantages of a living trust. 🤣🤣🤣🤣🤣
@annemariedixon76832 жыл бұрын
Do you help people reclaim their Cest De Que Vi trust funds?
@yensonnguyen5819 Жыл бұрын
Super
@rastadog007 Жыл бұрын
What about UIL's?
@FisherMan-g2z9 күн бұрын
The disadvantages are NICER Citizens and Sheriffs on call to arrest Interdiction Trust warned, Notary Index Crime Enforcement Regulatory Permission Validation Ledger traced, and Arbiter Trust Advisors Registry exposed Inheritance and legacy wealth transfer thieves.😊
@mrwhipper21 Жыл бұрын
Clear as mud.
@donaredcomet3040 Жыл бұрын
Lol. Enjoyed your video.
@deplorable2767 Жыл бұрын
What a confusing and weird way of explaining things, are you for real?
@rontaylor97362 ай бұрын
Disadvantage advantages, lol 😂. Smoke and mirrors
@dougwainwright1457 Жыл бұрын
So what you are saying is get a living trust.
@purepearls2013 Жыл бұрын
Trusts are more headaches. Unless you have millions and millions. No point just get a will.
@johnensslen Жыл бұрын
What about you don't have a family? My real family that knows me is my church family. I do not have significant other neither I prefer my church to inherit my estate My house my vehicle and whatever but do not want it sold until a year after my death. If ever do get a significant other . They will inherit anything other than assets I have no children neither
@vidadenomades5737 Жыл бұрын
Like any lawyer, you get a simple theme and complicated as much as you can. I watch because you where supposed to say the disadvantages. Come on, be clear. If you cannot, then do not make the vídeo.
@mitchellyukon5757 Жыл бұрын
I get dizzy watching his hands
@oneluvblk Жыл бұрын
IDGAF...u da man...
@mikestirewalt5193 Жыл бұрын
I hate listening to hot dog vendors.
@gloriasmith10744 ай бұрын
Very confusing foolishness. No thank you.
@JasonStevenson72Ай бұрын
Being ironic, isn't helpful...
@TrustVictim15 күн бұрын
Neither do Estate Planners who promised peace of mind and refused to help when their mistakes cost 50% in Litigation and related costs.
@Savingusnow5 ай бұрын
Worst video in 9 years of watching KZfaq.
@TrustVictim15 күн бұрын
No Anderson Advisors are the worst opening the door to anonymity thieves to hide from widows and orphans!
@MalikEL3339 ай бұрын
Sly talker 😂😂
@markpillori Жыл бұрын
This is silly clickbait
@senebobo10076 ай бұрын
😂
@Vicflash2 жыл бұрын
Blah blah for 2 minutes and say nothing valuable
@jackieagauthier3 ай бұрын
However, I was patient enough to listen through that and I got to the important pieces that I needed to hear
@mshah7652 Жыл бұрын
What the helll i just watched? Is this guy serious.. u want ur assets to be public? N thats disadvantages what is this guy smoking... i wana smoke... living trust is the best.... u can put conditions on who gets what on what conditions
@silver6054 Жыл бұрын
Did you watch all the way? He makes it clear that he is really presenting the advantages (by showing how bad the opposite is). Stupid approach IMO, but otherwise sound