What is a Living Trust and How Do I Set One Up?

Living trusts, you hear the phrase often, but what does it do for you? Well, we will be explaining this and more in our video.

Where the traditional will fails, living trusts step up to the plate.

Toby Mathis explains the details of living trusts and offers several examples of when they may come in handy. By taking the time to learn about trusts, you are taking steps to protect your loved ones.

How can you ensure that all your assets are going to the individuals you want them to go to? If they do go to that person, how can you ensure that the assets are being used in a way that you approve of?

What does remarriage mean for your children in the event of your passing?

Who will be making the decisions for you if you could not make them for yourself?

The answer to these questions is a living trust. Stay tuned till the end to learn why this is the answer to such complicated questions that affect most people regardless of status.

Many Individuals create living trusts for various reasons, so that's more reason for you to learn if you should be doing the same. Implementing this can make all the difference, so taking time to understand it now is crucial.

In this video, we will be breaking down the importance of living trusts and how you can set one up.

🚀 Ready To Take Your Business To The Next Level & Get A Detailed Risk Assessment To Help Protect Your Personal and Business Assets From Lawsuits?

---------------------------------------------------------------------------------------------------------
SUBSCRIBE

~~~~

FREE REAL ESTATE INVESTMENT STRATEGY SESSION

FREE TAX & ASSET PROTECTION WORKSHOP

TAX TUESDAY LIVE

OTHER ANDERSON ADVISOR EVENTS

Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.

~~~~

FINANCIAL PLANNING & TAX RESOURCES

~~~~

FOLLOW US:

~~~~

CONTACT US
Phone: [phone]
Fax: [phone]

ABOUT TOBY MATHIS

---------------------------------------------------------------------------------------------------------
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. of the information contained herein without seeking professional legal advice.

#trust #estateplanning #livingtrust

[Instkarma]

Thank you for such a cogent explanation. I’m spending a lot of money but I’m not the type to do those bundled programs . This stuff is intricate and complicated. My brother is an attorney and he insisted I do a living trust rather than a will. This guy explained it way better!

[johnnysalazar]

This Dude is very honest and full of knowledge....An HONEST attorney one could TRUST.... Thank you Toby!

[karinarivas]

Wish I had this video 15 years ago! Great info. Love the level of detail and examples. Thank you for posting!

[johnhenderson]

I’m a recent beneficiary of a trust and also need to establish a trust of my own. I’ve been researching and find this video very helpful. Answered a number of questions I had. Very informative 👍

[bluffmasterhara]

Before today i was unaware of a living trust, I saw an earlier video of yours on it and came to this one, you have really opened my eyes. I see so clearly now of what needs to be done.
Thank you for the information, i really appreciate it!

[Keva]

Hello Toby. I’m a first time viewer. I just ran across your Living Trust 101 video by chance. Wasn’t even looking for it but I so need this information. Thank you so much for your sincerity and honesty. I can tell you care about your clients. My family is in a really bad situation. My ex-husband whom I am separated from, has fallen under bad health and now on dialysis. He fails to get a living trust done although, we have all agreed as a family, himself as well, to put one in place to protect the home and family should the unthinkable happen. Because of his continued decline and lack of personal care, my sons and I are concerned he won’t make it before he gets his affairs in order. Therefore, I am the chosen one to get it done. He will sign whatever documents needed to get a living trust in place. He’s just not going to go out and do the research and the foot work. I have to do the foot work and get it all in place. He’s paying a pre-paid legal service to do this but he hasn’t taken any action even though we have pleaded with him and he’s promised to do it. 😟🙄 What do I need to do to get the ball rolling? I really feel a sense of urgency in my situation. I need to have a living trust in place within the next couple of months. Is this a case where I just need the appropriate forms and documents to fill out or do I need a certified legal service to complete this task? I believe I would really appreciate working with you. Eagerly looking forward to your feedback.

[kenny]

All the information I needed to make the decision to do a living trust. Thank you for sharing.

[patrickhampton]

That was very helpful information that I was looking for everyone say I need a living trust but never explain what it was but you just did. Thank you

[wcmed]

Thank you for staying on point, being concise and easy to understand!

[_stndstrng_]

Toby and his Team Thanks Toby for all the honest straight forward information.

[brianchristopher]

Thankyou for taking the time to lay all this out for me brother.

[AprilLife]

Thank you for educating us and your time

[labookings]

Toby, thank you. This was very informative.

[CodeMom]

Wow! Blown away! Thank you so much. I didn’t know about H.E.M.S. I feel so much wiser after this videos. Will be sharing this with my family. Thank you again for this comprehensive guide.

[ethelperry]

Thank YOU for refreshing my memory of my LT. 👍👵🐢👋

[charnell]

You are definitely my go-to for information on a Living Trust. My daughter encouraged me to do this. I'm married, but she handles all my affairs.

[wolfpack]

Thank you Toby…Awesome Information. Your explanation of what needs to happen is easily understood.

[kellychase]

EXCELLENT VIDEO TOBY!!!
Really Objective and Professional.
Thank You So Much.-:)))

[chelin]

Easy to understand and your message has been received.

[romyd]

Hi Toby, excellent video! I’m a Realtor and one of the specialties I’m developing is Probate Real Estate. I’m making myself available to anyone who’s going through one of the most difficult times in their life. But the one advice I give people is to set up a living trust so their heirs can avoid Probate because of time and money. I give them an example of a $1M estate in CA, the heirs will pay $46K in attorney and personal representative fees plus court filing fees. Time wise a probate process will take 9 mos to a year before the heirs actually see the money they’re getting. Even with that the #1 reason I think folks don’t set up a living trust (besides not understanding what it does) is the upfront cost to set up the living trust, at least $4K. Even though $4K is less than $46K, no one has $4K laying around. How do you overcome this objection and are there estate attorneys out there working out some kind of deal to help clients? Thanks so much!