10 Reasons Why You NEED a Trust

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[jenniferasalcedo]

Mark, keep being you. Your humor resonates with a ton of adults and makes it easily enjoyable to watch for a whole hour while EDUCATING us!

Thank you for teaching us. You have my business for the RLT!

[tracythrowerconyers]

I had to be facing major brain surgery before I made time to get a trust, and I'm an attorney. Don't be me! Get this done. It's not hard and it's what all the grown ups are doing!

[dtom]

As an executor for someone's will and as a successor trustee for my sister I have seen first hand the differences between a traditional will and revokable living trust. The will requires probate court, lawyers and time, usually 6 - 12 months before the will can be executed, if it is not contested. The trust is just the opposite. No probate, no lawyers except for house closings and some legal questions. The successor trustee can carryout the instructions in the trust immediately and the trust can not be contested. Another significant benefit of a trust comes if you own property in multiple states; no probate in another state, no more lawyers, no out of state court! The trust should be structured for the disposition of the major assets (house, rentals, antiques, art, stock...) and not every little nicknak you own. It should also be used to identify all beneficiaries and what should happen should any beneficary die so the assets can be passed on to your wishes. In most states, you do not need to put your car into the trust since one person/one car can be handled outside the trust by the successor trustee. Financial investments do not need to go into the trust, instead they should be designated as TOD with named primary and secondary beneficiaries. When setting up a trust be sure to also have a power of attorney in place should you become incapacitated. It is also good to have a living will and healthcare proxy to state your healthcare needs at end of life.

[Southcharlotteservices]

Thanks for honesty and insight. Much appreciated and unexpected. Great info that my family sincerely needed. God Bless!

[AwesomelyFaulted]

Alot of your viewers actually love the aggressive approach. Honestly, with my adult adhd, and dark humor.. You're probably the only professional who can grab my attention enough to take these important topics seriously. I'm absolutely serious. Adults with ADHD.. Tend to not take these topics as seriously as they should! (me included)!

It's a tough topic for anyone, but it's soooo incredibly easy to blow off for some of us. Lmao. Q

[StarBellySneetch]

That was intelligent to show sensitivity to those afraid of the subject. Yea it’s sales, but you didn’t have to do that. Well done 👏👏👏

[wompol]

where should we create our trust? does the state matter? how to put an llc in the trust so we can be managing member to have control???

[TheNurseArtist]

Im here for it! Like you read my "questions" list. yeyah

[hermanrodriguez]

Having a MMLLC, how do these concepts apply to the individuals? Each member can structure this way? Our business is filed as an S-CORP.

[blessedgirl]

I can see that you really love what you do. I'm still trying to figure out my life's purpose. I keep picking the wrong things. I enjoyed this video and learned a lot.

[hango]

Good information and everyone need to have a trust!! Keep up good work sir

[rpalmerbyers]

In the state of Nebraska, if you have a Trust and leave the bulk of your possessions (House), to your child as a gift, is that the best strategy? Or, should it not be left as a gift?

[CRpatriot]

Like playing Russian roulette with those kids either you’re in or you’re out of the the living trust 😂😂

[CRpatriot]

❤❤❤❤🙏🙏🙏🙏🙏
It’s allll good bring it on. Let’s learn 👍👏🏼🙏🤩🥰🥰🥰
Living trust are very important because as a Probate real estate agent, I see the reasons why everyone needed a living trust, but unfortunately, didn’t get it 😳😱🤦🏻‍♀️🙄

[brendaguadagnoli]

How long does it take to do this Trust from beginning ? How long must you have this trust before it goes into effect ?

[eugenevaganov]

In which state do you usually open trusts?

[FaedraBridalShorts]

would you still be able to pull the equities out of your home for any reason if it was put in a trust? And how does that effect your homeowner tax filings?

[gillianparkinson]

How does a trust protect my things i a prolong nasty divorces where things are a mess...

[ukiahsguitarsolos]

I had an attorney, who is now deceased, who prepared a warranty deed transferring my home to my living trust. He said to have my successor trustee record it after I die. If it's recorded prior, he said it would probably raise my real estate taxes. In Florida we have a 'save our homes' provision in the state constitution that says our real estate taxes can't go up more than 3% a year on our personal residence as long as we own the home. If a transfer is recorded, they might try to cancel the grandfathered-in real estate tax benefit that I currently enjoy. What is your take on that? Is there any problem in having my successor trustee record the deed upon my death?

[relaxandchill]

Can you do a video on multiple cds on at same time