How to Put Property Into a TRUST

Webull

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[MaryOlson]

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

[williambrockjr]

I have a mentally challenged brother who receives ssi. I put my property into a trust so that if I pass away right now, he will inherit my estate without disrupting his only means of income. I rest better knowing that he will have a place to live and not have to worry about him being taken advantage of.

[Raymondjohn]

The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people—at least in California, where I currently reside—are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!

[heleneberkrdn]

Thank you 🙏
I’m going to have to listen to this about a 1000 times!!!

[dr.vthomas]

You have just taught me everything I wanted to know about what I can do with a trust and how to use it. Thanks 😊😊

[georgebasonathan]

I'm so happy I made productive decisions about my finances that changed my life forever, hoping to retire next year.. Investment should always be on any creative man's heart for success in life

[Greggsberdard]

No financial institution should be allowed to own 40% or more of the single family homes. This recession is paving a way for a monopoly on homes to further rid of the middle class. It would be wise for most Americans to not sell their homes if they're able to.I want to buy houses cheap in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some say they make a lot, others warn the market is risky. Advice?

[m.weston]

Or do a beneficiary title on your vehicle naming who it goes to at your death, or a beneficiary deed for your home, keeping it out of a Trust, or putting your life insurance policy as listing the beneficiaries in order of who gets what percentage. If the person that dies owes a lot of money, they will go after the trust to satisfy the debt. But when your vehicles have a beneficiary title and your life insurance lists the beneficiaries, and your paid for home has a beneficiary deed, and your bank accounts have a POD (paid on death form filled out), then the trust will not have a whole lot in it to sue if a debt is owed by the person who died. All of this you can do your self, depending on your states laws or companies you deal with function. If your deep in debt and put everything in the trust, your family will probably not get much. Protecting your assets individually with beneficiaries is also a way to go.

[faiek]

The best way to transfer property into a trust with out having to pay trust donation tax which is sky high is to register a company and make the trust the owner of the company. Transfer property into the company paying only the normal transfer duty and no trust donation tax. That’s how we do it in South Africa as trust donation tax is 20 percent of that value of the property.

[superfluous]

Wow! Been searching for exactly THIS for 3 hrs. Great stuff!

[kimmyk]

If you put a vehicle boat etc into the trust with your home and you cause say a wreck that you get sued over they can attach other items in trust. My attorney told me along time ago separate your home in its own trust

[rachaelbratsch]

Wow, this video is so incredibly detailed. Such a great amount of quality information. Thank you very much!!!

[LOVERGEIST]

i dig that guitar on the wall!
thanks for the video... wanting to put my moms house into a trust

[PatrickLloyd-]

I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

[andrewmaccaskey]

Wow lots of good information here! Thanks so very much for sharing

[MsElaine]

At least in GA the trustee MUST be listed first on the deed. BTW work with the tax assessor to bridge home stead exemption.

[schonique]

Thanks for making sense & opening my eyes!

[kinrogers]

THANK YOU! Exception video! I'm sharing your everyone I can think of.

[IAT]

If a vehicle is placed into a trust with a home and property as well and the vehicle is involved in an accident are the other assets in the trust at risk from litigation.

[healthfullivingify]

A-Z fantastic on using trusts. Thank you, Business Guy. Wow.