5 Quick and Easy Steps to Fund Your Living Trust

Тәжірибелік нұсқаулар және стиль

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The importance and benefits of forming a living trust is clear: No time or money spent on probate, knowing that your wishes are protected in a legally binding document, and keeping your estate out of public record after your passing (just to name a few).
How do you know if your living trust is set up correctly and ready to take effect in the event of your passing?
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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.
800.706.4741
AndersonAdvisors.com
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.

Пікірлер: 309

  • @TobyMathis
    @TobyMathis2 жыл бұрын

    Have questions about this video? Sign up for a free consultation to get your questions answered by the professionals. aba.link/c04d71

  • @kathrynmancarella6506

    @kathrynmancarella6506

    2 жыл бұрын

    thank you... EVERYONE NEEDS THIS INFO. Governments own the schools, they only teach what they want us to know. THANK YOU!!!! I need to speak with you. I left you a message on fb. Its the weekend, I plan to call on Monday. Enjoy your weekend!!

  • @lisettestevenson9826

    @lisettestevenson9826

    2 жыл бұрын

    What is my sons last name is different then mine?

  • @williamsbrunt1242

    @williamsbrunt1242

    Жыл бұрын

    Too+qqqqqqqq+q+qq+qq+q+++++++++ b

  • @angai65

    @angai65

    Жыл бұрын

    How much is your living thrust fees, with 2 homes

  • @theexecutivefarmer4327
    @theexecutivefarmer43272 жыл бұрын

    This is so stressful, I’ve just decided to live forever

  • @bryceharper446

    @bryceharper446

    2 жыл бұрын

    Have you dealt with social security stuff yet!? They confuse us on purpose.

  • @jill9646

    @jill9646

    2 жыл бұрын

    Lol. 🤣

  • @scottixander5335

    @scottixander5335

    Жыл бұрын

    😳

  • @ralphweber2522

    @ralphweber2522

    Жыл бұрын

    😂

  • @jujuapple6706

    @jujuapple6706

    Жыл бұрын

    The problem is no one lives forever!

  • @marcsantamaria4097
    @marcsantamaria40972 жыл бұрын

    I'm a lawyer and took estate planning classes, but your presentation is just as informative. Thanks!

  • @FredFlintstone21
    @FredFlintstone214 жыл бұрын

    Thanks for taking the time to educate us of all the variables in setting up a rock solid trust! Very well done sir! 👍👍😎😎

  • @michelepaine8480
    @michelepaine84803 жыл бұрын

    Thank You!!! The best video explaining the Trusts and how they work. Ever.

  • @boo3406
    @boo34064 жыл бұрын

    Clear and concise explanations of living trusts. Love it!

  • @vivianmadisonmahoney9457

    @vivianmadisonmahoney9457

    2 жыл бұрын

    The Best....much much better than the ones I paid $2,600.00 to.

  • @BVaughanfulk
    @BVaughanfulk3 жыл бұрын

    As a EMT, we do not have time to go through purses or glove boxes. Our job is to get you to a doctor as fast as possible. Anyone who asks anything. We don’t say anything unless they present the paperwork

  • @Gruene2010

    @Gruene2010

    5 ай бұрын

    True. But in my experience, the EMT has the personal belongings when possible, hands it to ER staff, and they get info from personal belongings- or police.

  • @wompol7117

    @wompol7117

    2 ай бұрын

    anyone with a DPA should have it on their medical bracelet (or electronic copies immediately available)

  • @keithjones7269
    @keithjones7269 Жыл бұрын

    This presentation is very informative and helpful if you have no knowledge of what a trust is. Listening to it 3-4 times is good.

  • @amandajohnson7225
    @amandajohnson7225 Жыл бұрын

    This is a DYNAMIC presentation. You come with a different flavor. I can clearly tell & confidently know you know your stuff. That's what you give off. I'm in financial services, and I refer clients out all the time. There's a number of things that I've never heard of from the individuals I refer my clients to. Thanks

  • @CarmenBIGPRESSURECaBoom
    @CarmenBIGPRESSURECaBoom Жыл бұрын

    I really do appreciate this great, valuable and beneficial information and I really do appreciate how you deliver this information with such ease and this helps for me to digest and understand the information much better. You’re really fabulous in your craft. Thank you so much! 👌🏾💯

  • @nidaluna5833
    @nidaluna58332 жыл бұрын

    That’s really true. I did that to my dad, Thank you for reminding me.

  • @LeTran-cd4yg
    @LeTran-cd4yg3 жыл бұрын

    Thank you for this presentation. It is so important to educate for this Living Trust LLC

  • @Aboriginal_baby
    @Aboriginal_baby5 жыл бұрын

    Thank you so very much for your efforts, this was really thorough and I learned a lot.

  • @TobyMathis

    @TobyMathis

    5 жыл бұрын

    Hi Native baby, I appreciate you taking time to comment and am glad you liked the video and found the content useful. Be sure to subscribe, if you haven’t yet, because we’re releasing helpful videos a couple of times a week.

  • @a.hassanbey5942
    @a.hassanbey59423 жыл бұрын

    Boom, boom, boom!!! Thanks so much. Extremely useful presentation!!

  • @cliffhregis
    @cliffhregis3 жыл бұрын

    Thanks for doing this, much appreciated.

  • @a.s.r.3661
    @a.s.r.3661 Жыл бұрын

    Another great explanation. You have a gift. I could listen to you speak for hours and hours. Thank you.

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Thank you, we greatly appreciate your words! Please consider subscribing to the channel for more great content.

  • @davidparsons5918
    @davidparsons59186 жыл бұрын

    This is great news good job guy's I wish you the best in the world we live in today anyways thank you for your videos.

  • @rosegonz4476
    @rosegonz4476 Жыл бұрын

    Very informative and nicely put together for the viewer. Great presentation. Thanks so much. God bless!

  • @reneepulliam8423
    @reneepulliam8423 Жыл бұрын

    I didn’t know anything about Trusts. Thank you sir.🔥🔥🔥🔥🔥🔥

  • @kukurei
    @kukurei Жыл бұрын

    How do i create a trust that runs for generations. Example just touch half the dividends of a mutual fund?

  • @JamiSun
    @JamiSun Жыл бұрын

    This is the greatest channel in the history of youtube

  • @truthseeker8399
    @truthseeker83993 ай бұрын

    Thank you so much for this insight! I am a subscriber of this blog and I have learned so much from it! I did my estate planning in 2015 after I lost my husband of 41 years! I can’t claim I understood what I was doing! This helps me in reviewing the plan in case I need to change anything. Thanks again!!!!🙏🏽

  • @TobyMathis

    @TobyMathis

    3 ай бұрын

    I'm sorry for your loss. It's great that you're revisiting your estate plan now to ensure it aligns with your current needs and wishes.

  • @ileyoruba6884
    @ileyoruba68842 жыл бұрын

    Coming across this information is mind blowing

  • @granbwaprop7162
    @granbwaprop71625 жыл бұрын

    I so appreciate the way you are explaining this info... very clear and prompt. I want to know more

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Thank you! Please subscribe to the Anderson Advisors channel or visit www. AndersonAdvisors.com for more tax and asset protection strategies.

  • @cliffhregis

    @cliffhregis

    3 жыл бұрын

    Sak pase!

  • @marilynstoneberger6411
    @marilynstoneberger6411 Жыл бұрын

    I found this video extremely beneficial. Thank You Toby. Love the examples you use.

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Glad it was helpful!

  • @cosmictechlady
    @cosmictechlady2 жыл бұрын

    Thank you for your videos. Just want to make sure that if my husband's parents will be doing an irrevocable trust, but still need to make the rental property an LLC, would you create the trust first, then change the LLC ownership to the trust?

  • @MrThefatheroftheyear
    @MrThefatheroftheyear Жыл бұрын

    Not solely in Trusts, but in delivery as well, you sir are a master of both crafts. Easily Top 1%. Such splendid work. You have my gratitude for your effort and time.

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Thank you for watching and your kind words!

  • @debbiethomasen4835

    @debbiethomasen4835

    Жыл бұрын

    Pp

  • @regularamerican8446

    @regularamerican8446

    Жыл бұрын

    @@TobyMathis can you do trust in texas

  • @DebSherr
    @DebSherr2 жыл бұрын

    Excellent information on Living Trusts, I thank you for the education. I'm curious to know the result of the Tweety Pie figure. As a collector of similar items, I would definitely know the difference between the actual toy and the one purchased on ebay. Did the siblings reach a shared custody agreement? 🐥

  • @Celticcross688
    @Celticcross6882 жыл бұрын

    Helpful. thank you.

  • @yagga8885
    @yagga888511 ай бұрын

    Agree and you’re amazing as always. One thing though, if the LLC is a professional corporation, you probably should put your interest in the trust in the event your share is being sold to others in the professional practice. Heard of a doctor who didn’t and his practice went through probate. By the time estate was closed, the patients had already move on, practice was no longer valuable and other members lost interest in buying his membership interest.

  • @shalomraboya8704
    @shalomraboya87048 жыл бұрын

    All of the legal stuff is so confusing, but having a living trust is so important. I wish you guys were in Maryland, my home state, because these presentation was so clear and informative. I understand so much more now...thank you! If you have a referral in or near Bethesda, Maryland you can share, I would be very grateful. Thanks for a great presentation!

  • @meritholdingllc123

    @meritholdingllc123

    4 жыл бұрын

    Shalom, I live in PA and I use Anderson for my personal businesses (WY LLCs) and also used them to help set up a trust and LLC for my parents in SC. Unless your personality, style of learning, and level of trust mandates you meet with someone in person, you should be fine working with Anderson via phone and email. I've never met anyone in person there.

  • @bginc2849
    @bginc28493 жыл бұрын

    probate notice is good also, living trust remedy is to liquidate to close accounts revoke underwriters,

  • @DIAMONDGIRL57
    @DIAMONDGIRL576 жыл бұрын

    So thoroughly explained!! Thank you!

  • @listenup1166
    @listenup1166 Жыл бұрын

    Great detailed explanation. I learned a lot.

  • @ABab-jf2jb
    @ABab-jf2jb Жыл бұрын

    Thank you for the info. Do you have estate planning attorneys in Georgia that we can use to set up a living trust?

  • @loekiemorales
    @loekiemorales3 жыл бұрын

    Thank you for the useful info. Do you do the putting up Trust also for persons, not Americans, living outside the USA?

  • @maryannkomo3077

    @maryannkomo3077

    Жыл бұрын

    I have the same concern. I earned assets here in America, we don't have kids, I have no family other than my husband's family, I may have some cousins here but we are not super close. Anyway, can I do living trust for my niece and siblings living outside US??

  • @jetlag4fun
    @jetlag4fun Жыл бұрын

    Thx for these very helpful & informative videos. QUESTION: Would you still recommend a Living Trust - if we only have 1 child? Thx!!

  • @reciebrown4941
    @reciebrown4941 Жыл бұрын

    Hello. I am just now seeing this video. I think this will be good for me. I have been ill off and on so I am trying to make different types of arrangements. I have 2 sons and so far 2 grandchildren. I have no one in my family I can trust not even my own mother ( She 79 right now - Long Story that involves my DNA test). I would trust my oldest child instead of the youngest child. I am learning much with this video. I don't have much but I have been saving more since I am older and closer to retirement. I am so glad I came across this video. Thank you so much. T.

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Glad it was helpful! Thank you for watching!

  • @homerwatts7358
    @homerwatts73583 жыл бұрын

    Great information,thanks

  • @AfrikQ10
    @AfrikQ102 жыл бұрын

    Right fund the trust. Insurances and real properties go to the trust as well. Very good programs for assets.

  • @Yvonne-

    @Yvonne-

    Жыл бұрын

    Do you have insurance recommendatuons?

  • @rinihaque2946
    @rinihaque29462 жыл бұрын

    If you have some rental properties in one member Sole proprietorship LLC then do you just need to create assignment on that llc and say i am transferring 100% this llc interest into the living trust and on the living trust and you are done? if you do this is you don’t have to take each property out of existing LLC and prepare a separate deed for each properties and record those properties individually under the trust name? or you have absolutely take all properties out of llc and re-record them under the trust ?

  • @maalat
    @maalat4 жыл бұрын

    Thank you.

  • @leesteal4458
    @leesteal44582 жыл бұрын

    Subscribed. Valuable info.

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    Thanks and welcome to the community!

  • @vivianmadisonmahoney9457
    @vivianmadisonmahoney94572 жыл бұрын

    Lol...my brother is my kid's uncle Willie. Right On!!

  • @PowlinManuel
    @PowlinManuel5 жыл бұрын

    I learned a lot! Recommend to all!

  • @boopeepv
    @boopeepv2 жыл бұрын

    How about if a property of the grantor is under a contract to sell that says it's payable in a few years. Can that be put under a trust so that the trust can still keep collecting the balance so that it goes into the trust even when grantor already passed away?

  • @pointbreak333
    @pointbreak3332 жыл бұрын

    how do you see the debtor creditor status? how to transfer from debot to creditor? What kind of trust do you use?

  • @AsiaticWorldTv
    @AsiaticWorldTv2 жыл бұрын

    Practical explanation to this all really appreciate it!

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    You're very welcome! We appreciate you being part of our amazing audience!

  • @cesterly4668
    @cesterly4668 Жыл бұрын

    Can also put cars into MT LLC,layered over NM LLCwith beneficiaries.

  • @patrickcerv4847
    @patrickcerv48472 жыл бұрын

    How about if have property overseas in Europe and the United States can both go into living trust to?

  • @whitebird357
    @whitebird3579 ай бұрын

    Good stuff. Thanks.

  • @elizabethvillalobos4504
    @elizabethvillalobos4504 Жыл бұрын

    Listening from Alaska

  • @toiyeuKL
    @toiyeuKL2 жыл бұрын

    Thank you for the presentation. I get nervous as I watch it. So much to do to plan it right. So many questions due to my circumstances. How do I consult with you?

  • @triciaroy7591

    @triciaroy7591

    2 жыл бұрын

    I live in Canada, do you work in the USA only? Thank you. Patricia Roy

  • @SeaOtter65
    @SeaOtter65 Жыл бұрын

    How much it cost and to maintain

  • @warrentoles3127
    @warrentoles31273 жыл бұрын

    What is a "good faith and credit estate" ?

  • @davidmsamuel
    @davidmsamuel Жыл бұрын

    This was enormously useful. Should cyber assets (eg: digital photographs or intellectual property) be included in the trust?

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Yes. Creating a plan for digital accounts, whether or not they are financial in their nature, will make it easier for your loved ones to retrieve and secure these assets after you pass away. Estate planning for your digital assets eliminates the need for your loved ones to track down passwords and gives the beneficiaries of your estate the legal right to your passwords. Additionally, when dealing with online financial accounts, estate planning for digital assets protect income that your digital assets can generate such as royalty rights or revenues from an online business.

  • @sleddy01
    @sleddy014 жыл бұрын

    It is a shame you have to know the magical things to do to prevent the IRS from taking half.

  • @gloworm6387
    @gloworm6387 Жыл бұрын

    What if all you have is maybe SSDI & work LLOA (long term leave of absence) pay in a savings account that only amounts to $200 / $400? How do you fund a living trust for distribution of, say, your apartment furniture, DVDs, if you have a silver coin collection, et.?

  • @SuperBullyone
    @SuperBullyone4 жыл бұрын

    this is an excellent video.

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Thank you John

  • @Michelle-ul4ll

    @Michelle-ul4ll

    2 жыл бұрын

    Hi Toby I’m in Canada, do you know of anyone here who could help collapse and pay off the debt of a Cestui Que vie trust and create a private trust (LLC) where remainder might transfer and have it set up with all your points in your video? Ideally keeping principle, living off interest and set up my kids as the successors? I would appreciate any info. Thank you, Michelle

  • @thoughtsfromathenasreality
    @thoughtsfromathenasreality2 жыл бұрын

    Thank you for the information. A trustee can steal the money so that's not a smart way to make the trustee a family member I know a guy who's uncle is stealing the house his Dad left for him. .Besides it causes fights in the family. When it com's to money, people can. become greedy.

  • @charadean9855
    @charadean98552 жыл бұрын

    Do youhave a book on how to do these trust and all you tell us about it and page's in it you can make copies of so we will no what to do

  • @skyshardqueen7278
    @skyshardqueen72788 ай бұрын

    42:42 @TonyMathis Do you have any videos on what the institution of trusted friends is? I’d like to learn more about this. Thanks

  • @btpuppy2
    @btpuppy22 жыл бұрын

    What do you do if you are in he middle of a 3 year car lease and die? What do your heirs do then? Leased from Honda.

  • @jeffleinard4519
    @jeffleinard45192 жыл бұрын

    Hello Toby, is there a minimum amount that you should have to ser up a living trust. My family members and I are trying to help my a relative set up their estate

  • @bhermann7281

    @bhermann7281

    Жыл бұрын

    Great question!

  • @kingbb1
    @kingbb1 Жыл бұрын

    Should the trust also be done in Wyoming?

  • @rickeyalyles7609
    @rickeyalyles76093 жыл бұрын

    What if the house in your name those homes go in living trust right?

  • @shaunandrews2912
    @shaunandrews2912 Жыл бұрын

    Do you know how to monetize- accessing your Cestui Que Vie Trust?

  • @catherinefrancis5827
    @catherinefrancis5827 Жыл бұрын

    Great information❤❤

  • @sappir26
    @sappir262 жыл бұрын

    What if the Trustee passes away before all the assets of a deseased person's Living Trust is distributed to the beneficiary/ies?

  • @paulinebennett6244
    @paulinebennett6244 Жыл бұрын

    Toby this was so informative, I live in Canada do you have any contacts in Canada . Also what happen if you have a spouse and assets are in both our names, do we need two living trust? I love your channel.

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Hello Pauline, unfortunately we do not have contacts in Canada.

  • @stuartfishkin4509
    @stuartfishkin4509 Жыл бұрын

    If married and all assets are held jointly, and all assets have designated beneficiaries and alternative beneficiaries, isn’t that ok?

  • @buckholz7
    @buckholz7 Жыл бұрын

    Can you specify personal property by location instead of listing it? Such as:. All items in my house go to my daughter?

  • @mjg112504
    @mjg1125042 жыл бұрын

    Your information is so valuable. How do I find a trustworthy attorney to process the necessary paperwork in Wayne County, Michigan??

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    We do operate in Michigan, are you interested in a free consultation?

  • @morrjones
    @morrjones2 жыл бұрын

    this is awesome and scarry at the same time, how can I get you help? and what is the cost for setting up my living trust, I live in GA.

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    We offer free consultations to go over prices, are you interested?

  • @garbo8962
    @garbo8962 Жыл бұрын

    My 96 year old mother died recently and never had her house in her will due to she was afraid if she placed it in my alcoholic brothers name and he got into a serious accident she might loose the house. The other children all have our own homes and want the house that my brother lived in with our mom for 75 years to go to him. He is disabled so my sister got a signed & notarized paper saying our sister is in charge . Dopes down in Philadelphia City hall first gave her the wrong form, second trip gave her a different form for us to have notarized, third trip new & correct forms that we got notarized then on return trip told her to hire a !awyer. Every time she goes to center city it's a two hour round trip drive and $25 to 35 for parking. Amazing how many people that steal pay checks from city of Philadelphia have no clue how to do their job. We all thought that our mother put her house in my brothers name after our father died.

  • @MarcusLeepapi
    @MarcusLeepapi6 жыл бұрын

    I fell of my sofa with the bird $3.95!!!!!!!!! God Bless that family!!!!!!!!

  • @mr.provencio792

    @mr.provencio792

    5 жыл бұрын

    is the bird ok?

  • @dks13827

    @dks13827

    4 жыл бұрын

    Usually, 2 sisters will spend 10K each for lawyers !!!! Dumb bird !!!!

  • @robhunley5085
    @robhunley5085 Жыл бұрын

    Would putting an automobile in the trust open you up for a law suit in the case of an at-fault accident?

  • @troule9t971
    @troule9t9716 жыл бұрын

    Can you create a living trust LLC with 6 people shareing a group of assets equally with trusts protections?

  • @buckmaster7185
    @buckmaster7185 Жыл бұрын

    Can one make an irrevocable will like they do a trust?

  • @eastwestpicayune8200
    @eastwestpicayune8200 Жыл бұрын

    Very informative. You have discussed transferring ownership of LLC to a living trust. I just created an LLC with the living trust as a member. Do I transfer the property (which is currently under the trust) to the LLC? Will this cause probate issues later?

  • @ruthscheib1474

    @ruthscheib1474

    Жыл бұрын

    Can I get ahold of u for help. I want a trust for my children. Where can I go. I live in Port Huron Michigan. 48060. I am 75 and I need to get this . Plz help.

  • @staeyou1806

    @staeyou1806

    10 ай бұрын

    I think it’s better create a land trust and make the llc the beneficiary

  • @markherrington9422
    @markherrington94222 жыл бұрын

    I live in a hime I built that is in my nonprofit ministry can I put the ministry in my trust thanks do you set up Georgia trust

  • @jeanna7851
    @jeanna7851 Жыл бұрын

    So will it still be better to have a living trust if all you actually have is tangible personal property? No house, car, real estate etc.

  • @billythompson962
    @billythompson9622 жыл бұрын

    *The best thing to be on every wise individual's mind or list is to invest in different streams of income that is not depended on the government to generate funds*

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    @jeffreyscott1092

    2 жыл бұрын

    Investing in Crypto now is very cool now especially with the current rise in the market now .

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    @jamesandy642

    2 жыл бұрын

    I wanted to trade Crypto but got confused by the fluctuations in price

  • @whatsapp5512

    @whatsapp5512

    2 жыл бұрын

    I got referred to Mr Charles a week ago, and I invested $5,100 I have already made $15,700 can't wait to withdraw in two weeks.

  • @billythompson962

    @billythompson962

    2 жыл бұрын

    @Steve John His availability is on WhatsApp👇

  • @billythompson962

    @billythompson962

    2 жыл бұрын

    ➕①⑦⑥0⑧③③⑤⑨0④

  • @dks13827
    @dks138274 жыл бұрын

    What about term life insurance policies ? My grown kids are the beneficiaries......what would be the issue there ?

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    The same issues that apply to whole life policies will also apply to term policies. Generally, you will want to name your trust as the contingent beneficiary (after your spouse) if you have minor children. The trust will then manage the money for the benefit of the minor beneficiaries. For adult beneficiaries, there could be a number of reasons you do not want to give them a lump sum payment. For example, their creditors can access those funds to pay off debt if received personally, but cannot access the funds if paid to the trust. Or, if the individual has problems with substance abuse, the trust can include mechanisms that require successful completion of a rehabilitation program before any proceeds are paid out. Anderson estate planning attorneys will work with you on your personal situation to make sure you get the result you need.

  • @dans8927
    @dans8927 Жыл бұрын

    Actual 5 steps begins at 13:05

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    @guidingchangesllc.2911

    Жыл бұрын

    Thank you😂😂

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    @goshenkahde55533 жыл бұрын

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    @betrandfidelis8986

    3 жыл бұрын

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    @bobbyholan2489

    3 жыл бұрын

    My Major Income were generated in Bitcoin trade which I found more interested.

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    @briannabella1940

    3 жыл бұрын

    @@bobbyholan2489 hello I'm interested in Trading bitcoin but I wasn't able to Understand how it's work. I Have Bitcoin on my Coinbase portfolio.

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    @maleekgreg3782

    3 жыл бұрын

    Trading bitcoin was my next Advance in Live after retiring from work.

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    @audberychloe2357

    3 жыл бұрын

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  • @paulhemond1514
    @paulhemond1514 Жыл бұрын

    Amen!

  • @TsetsiStoyanova
    @TsetsiStoyanova2 жыл бұрын

    Can you do Cestique trust videos please!!! We all have them setup at birth!!!

  • @allenmurray8376

    @allenmurray8376

    Жыл бұрын

    Hi Tsetsi!

  • @innaalex9156
    @innaalex91562 жыл бұрын

    What about, if you have only one beneficiary and inside of living trast, just put your beneficiary in the deed of your hous? Is that double? Thank you.

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    There are so many other consideration than just a home. Health, end of life, burial/cremation - to name a few. Plus, if you put a child on your home, you could lose your capital gain exclusion, step up in basis, homestead, and the home is also on the hook for any liabilities they may incur at any time (even while you are alive).

  • @pinschrunner
    @pinschrunner2 жыл бұрын

    No EMT is authorized to go through wallets purses or glove boxes. Maybe wallet. They are saving your life. The hospital can find the rest

  • @chriscampanella2971
    @chriscampanella2971 Жыл бұрын

    What about a irrevokable trust. Will it make one judgment proof. What is the average price to set up this trust.

  • @accurate2028
    @accurate20282 жыл бұрын

    Can a beneficiary person be named as the trust's title?

  • @ArleneGray-du9kf
    @ArleneGray-du9kfАй бұрын

    Is a transcript of this available ?

  • @rinihaque2946
    @rinihaque29462 жыл бұрын

    asking the question again If you have some rental properties in one member Sole proprietorship LLC then do you just need to create assignment on that llc and say i am transferring 100% this llc interest into the living trust and on the living trust and you are done? if you do this is you don’t have to take each property out of existing LLC and prepare a separate deed for each properties and record those properties individually under the trust name? or you have absolutely take all properties out of llc and re-record them under the trust ?

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    You explained it correctly. If title is in the LLC name, you only need to transfer upper ownership in the LLC (called membership) into the living trust.

  • @rinihaque2946

    @rinihaque2946

    2 жыл бұрын

    @@TobyMathis assignment only enough ? title transfer to the trustee name recording not needed or just do title transfer and keep it with the trust document?

  • @iangoddard57
    @iangoddard575 ай бұрын

    Toby if you have outstanding mortgage on the property you cannot have a living trust on it. For information to all. Any thoughts on this. Other than push hard to get it paid off asap.

  • @TobyMathis

    @TobyMathis

    5 ай бұрын

    You can move a mortgaged property into a living trust and the bank cannot call the note due. The Garn-St. Germain Act, 12 USC § 1701 (j)-3, and the corresponding regulations prevent a lender from calling a loan when a borrower transfers residential real estate of less than five dwelling units to a revocable trust.

  • @elizabethcantu9128
    @elizabethcantu91283 жыл бұрын

    How many people can be in living trust

  • @museumofdrawing965
    @museumofdrawing9652 жыл бұрын

    My biggest question is transfer of ownership of assets to the living trust a taxable event? I cant imagine it would work at all if so. In canada asset transfers are taxable events. 30% gone.

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    If you are located in Canada, we can not answer that, unfortunately.

  • @shel629
    @shel629 Жыл бұрын

    If you transfer everything, how can you manage what you own while you live? I would not like a trust controlling my assets in all my decisions.

  • @takecare4697
    @takecare46972 жыл бұрын

    Pour-Over-Will ?? Blow often should I update my Living Will?

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    A pour-over will serves as a safety net to ensure that the deceased's property ends up under the living trust's ownership upon their passing. A living will is a different document that stipulates your end-of-life wishes. A living will typically only needs to be updated if your end-of-life preferences change.

  • @lizv3634
    @lizv36347 ай бұрын

    I have two kids who are very different from each other but equally trustworthy in their own way and close to me. They are also close to each other. I don’t want to leave the living trust to both. Could I have a family foundation with assets in it that one controls and the living trust for the other to manage? Have you seen a similar situation to this?

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