Have questions about this video? Sign up for a free consultation to get your questions answered by professionals. aba.link/8dc586

@Keva33

2 жыл бұрын

Hello there Toby. When’s your next ALL DAY FREE LIVESTREAM on RE & ASSET Protection?

@judygerwing3426

Жыл бұрын

Ł 0:42 So if I have property and I need help and I need to return it what would I do to hire your company to help me

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!

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

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

@afarouk3712

Жыл бұрын

Lol

@bobhmail7161

4 ай бұрын

Great plug 👎

@bobhmail7161

4 ай бұрын

Definitely much easier to listen to other KZread content providers regarding these matters. I wish these type of said content providers would leave ALL of their what if or for instances examples out of their explanations. Process, process, process, what can't humans get this? He started off great but there it went back down the tangential rabbit hole. Get to the point. 1. Costs (Who MUST & MAY generate the living trust professionally or personally?) 2. Governing authority (What makes it a legal recognized document IAW state codes or laws?) 3. Approval process (Who splashes their holy water on it and says its legit?) 4. Sustainment once completed (How must it be maintained by the trustee?)

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 👍

@TobyMathis

3 ай бұрын

Glad it was helpful!

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!

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.

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

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

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

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

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

@TobyMathis

2 жыл бұрын

Thank YOU for taking the time to watch our content!

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.

Thank you for educating us and your time

@TobyMathis

2 жыл бұрын

It is always a pleasure to educate others!

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

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

@TobyMathis

2 жыл бұрын

We are glad you enjoyed it!

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

@TobyMathis

Жыл бұрын

Glad you think so! Thanks for watching!

Toby, thank you. This was very informative.

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.

@TobyMathis

2 ай бұрын

You got this =)

Great details on Living Trusts!

SpoT On! ~ Great Overview Toby!

I love your video, I would like to learn more how to set up a living trust with you. Awesome info 👌

@TobyMathis

Жыл бұрын

Hi Tina, Thanks for watching! You can request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. You can go to this link to set it up! -----------> aba.link/tobyss

Easy to understand and your message has been received.

Thank you so much for your time to post this value video.

@TobyMathis

2 жыл бұрын

That is kind of you to say, thank you!

Great info, thanks!

Great video ! Thank you so much 🙏

@TobyMathis

4 ай бұрын

Glad it was helpful!

Great information!!!! Thanks for sharing

@TobyMathis

2 жыл бұрын

Thanks for watching!

@MikeM-co6dm

2 жыл бұрын

@@TobyMathis Where are you guys located ? Do you service TX residents?

Toby thank you very much for this wonderful information You said that you would make more videos for us would you make a video on what I have to have in order to have full say on what can be done to my wife only with my consent if she ends up in the hospital and how I can set up a medical directive for end of life decisions

Thank you for the video. I have a question. I had an attorney draw up a trust for me. But it does not say living trust. Is there a difference?

Hello Toby, I just watched the video and it is quit an eye opener great detailed info thank you for sharing such valuable information I know I need to act now for protection.

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!

@Fr1nc3sc41

2 жыл бұрын

Offer to pay the $4K for them in exchange for a clause that stipulates their repayment at a modest interest rate, say prime plus 1%, in addition to 2% of the value of the remaining estate once the debts are fully paid. It's way to help them and to build an additional line of business for your own estate.

@kenlewis2253

2 жыл бұрын

@@Fr1nc3sc41 great idea! One could literally get hundreds of homes/clients lined up this way.

@onelove1329

21 күн бұрын

Where did you get the $4K figures to set up a living trust?

My parents have very insufficient wills. Recently, I have been assigned POA for Finances for both my mother and father. My sister overseas healthcare. I will be one of three beneficiaries of their meager estate. After watching this, it’s clear they need a living trust. I’ve discussed this with my parents and they would like me to act on their behalf as POA to establish the trust, and they would like me to be the trustee. What thoughts might you have to help guide me toward best practices?

@TobyMathis

2 жыл бұрын

Hello, we would like to direct you to andersonadvisors.com/ss/ where you can sign up for a free 45-minute consultation. In this session, you will meet with a professional who will be able to answer your questions regarding this topic.

I like you!! Thank you for being yourself.

Thanks for this information…it is badly needed in a time like this where it you have an elderly parent then their property can be protected from state nursing and assisted living facilities liening up their property.

@TobyMathis

Ай бұрын

Glad you enjoyed the video, and best of luck in your situation.

Thanks for all the great info! How do I protect my half share from a joint trust?

Toby, do you have to register your LivingWell with a lawyer or a notary so it becomes a stamped legal document I live in BC Canada thanks for this great information

Thank you

At 17:02 of the video, you said, "I have to make sure that I fund it...." What exactly does it mean to fund the Trust?

Like your info!!

Wonderful section! Thank you! I’m wondering what cost is involved. And do you handle trusts?

@TobyMathis

Жыл бұрын

Thank you for watching the content and we do handle trust! andersonadvisors.com/products-and-services/

Thank you sir

@TobyMathis

4 ай бұрын

Thank you for your kind words! I really appreciate your support.

thank you for this, you just sold me, i have learned so much from this video! i will be moving to southern California soon. is your company located in southern California or do you know any referrals in the area?

@TobyMathis

2 жыл бұрын

Glad it was helpful! Thank you for your question. We work with a network of attorneys across the US to ensure that our documents are legally enforceable and actionable in all 50 states.

The average person can’t afford 2500-7500 for a living trust . Now wonder so many get stuck paying out so much .

I thank you for the information on the trustee we live in Pennsylvania where would i get this paperwork for a living trust i only have a house that i want to leave to my brother and if he passes 1st i would leave to my other brother and how much does it cost to make a living trust

Greatest living trust video ever. Wishing I could get access to your service? Thanks.

@TobyMathis

2 жыл бұрын

Just say the word and we will send you a link to register for a free strategy session to go over plans and prices.

@crysledezama3085

Жыл бұрын

@@TobyMathis can you send me the link please.

@TobyMathis

Жыл бұрын

@@crysledezama3085 andersonadvisors.com/ss/

thank u thank u very good xplain

@TobyMathis

Жыл бұрын

Glad it was helpful!

awesome. thank you very much.

@TobyMathis

Жыл бұрын

Glad you liked it! Thank you for watching our content.

Every home and every American needs a Trust and a LLC at a minimum. Wake up everyone and make it a priority. Pay No Taxes!

@Run4Ever77

2 жыл бұрын

Can you please explain how those would result in "Paying No Taxes"?? My understanding is that taxes apply to both LLCs and Trusts. But my understanding is limited. Thanks!

@tubro007

2 жыл бұрын

@@Run4Ever77 A trust doesnt avoid taxes but everyone needs the other aspects. I would think an llc has tax benefits.

wife deceased, one sibling. I have given power of attorney to the sibling. Will the power of attorney have a negative affect on a living trust and need to be changed?

great stuff

Can a wind turbine contract and easement with annual payments be put into a living trust, and how do you fund that?

Hey Toby, just a thought, how do you expect a legacy to carry on and on. Shouldn't one of the terms of the Trust (legacy) be that whatever money is used should be returned back to the Trust with interest. Your comments please

Does Living Trust protect from Elder Law or Nursing Home Care.

My home is in a trust established by my now deceased dad: can I still put my home in my own living trust since I am a direct inheritor to the property?

The mention of Life Insurance intrigues me. Do you have a video on how you can make the Trust a beneficiary for the insurance. Please give the link

@tubro007

2 жыл бұрын

You just name the trust as bene on the life ins company form.

@FaridaSultanaIchoosesuccess

2 жыл бұрын

@JoeDago says I just have to name the Trust as the beneficiary, Toby can I have your comments please. JoeDago , thank you so much for your reply.

If I buy a $1 million dollar insurance policy, I can have the policy paid to the trust upon my death right? I'm wondering if the money once paid to the trust, could then be invested in the S&P 500 and then small monthly payments from those invested funds could be distributed to my surviving family members?

Interesting video 👍🏽 Question… if I have shares Can that be put into the trust…??

@tubro007

2 жыл бұрын

anyting

Thank you 🙏🏽

@TobyMathis

2 жыл бұрын

Thank you for watching!

If I have single member LLC's, would I want to make my living trust the single member now? How could ownership of those LLC's (including LLC assests) be covered under the living trust?

@TobyMathis

2 жыл бұрын

Yes. A living trust owns its assets through its trustee. So if you are trustee, you would own the membership interest "John Smith, Trustee, of the Smith Family Trust" and that is the same as the living trust owning.

@alvenatgolden1781

2 жыл бұрын

How many people can be the trustee can list more than one in case one dies you have several listed to takes ones place in the event. They die.

Avalanche of info . Note taking necessary. I’m just thinking: more money, more problems. And how much money does it cost me to set all this up? It feels like at every further step of success in business , there is someone else waiting with their hand out.

Death Doulas can assist people with their pre-care planning, most Dr.s don't know anything about the paperwork.

my dad passed away and had a living trust now my mom is trustee is there anything as a benificiary i need to do, or just trust the process

Can a living trust be set up in dual States to cover kids if death occurs? We presently live in California and will retire to Nevada owing rental houses in Henderson.

@TobyMathis

2 жыл бұрын

Generally a Living Trust will be established in the state in which you are domiciled. You could create it based on the rules and laws of NV if you would prefer but generally it would not be split between the states.

In listening to several of yours and other videos, there has never been any mention of Transfer on Death. How does that play into it? Doesn't that avoid probate?

@TobyMathis

Жыл бұрын

Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby

Can the trustee of a living will just take the money and ignore the will?

If im going to be on a living trust on my fathers home do i need to provide my own w2 form's or pay stubs?

@TobyMathis

Ай бұрын

Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Visit: aba.link/8dc586

Hi Toby are you part of any legal employer plan network e.g metlife?

Important

My property is already in a trust that my dad established: can I still put my home into MY living trust since I am the direct inheritor to the property?

@TobyMathis

2 жыл бұрын

Would you like to ask your question on our podcast Tax Tuesday andersonadvisors.com/tax-tuesdays-questions/

gday mate does this stuff work in australia, cheers

I am interested in more information on this Living trust .

@TobyMathis

Жыл бұрын

Then be sure to check out our other videos on the subject.

I think I didnt heard the how to, so can you please tell me how where i go to do it????

@tubro007

2 жыл бұрын

online diy or an estate attorney.

I’m in California. I wanted establish a living trust as soon as I get my inheritance. How does one pick a firm to do this? Obviously cost is one aspect but what else should I look for?

@TobyMathis

Жыл бұрын

Anderson can help you establish a living trust, we offer free strategy sessions to help you understand what we can do for your long term goals. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.

Do I require an Estate Lawyer to do the Living Trust or can any lawyer do it?

@tubro007

2 жыл бұрын

You can do it yourself, so anyone.

@sethtenrec

2 жыл бұрын

Yup, you can do it yourself. Just a little learning.

@julieburkhardt61

Жыл бұрын

just don't use these guys.

@jasonluckett9187

Жыл бұрын

@@julieburkhardt61 why not them?

@julieburkhardt61

Жыл бұрын

@@jasonluckett9187 taking way too long, not very responsive, they got big and don't seem to care about the average person.

my 89 dad does have a living trust has property which already goes to each of his kid me being one .. he wants to give turn over my property, so I can do what I want with this property... how can this be done? purchased for70k in the 70' s small balance 38k Value 850k

What is/are differences between a Living Trust and Wills? Does it means if there is a living trust in place, you do away with Will? Yes/No

@TobyMathis

2 жыл бұрын

We would like to direct you to andersonadvisors.com/ss/ where you can sign up for a free 45-minute consultation. In this session, you will meet with a professional who will be able to answer your questions regarding this topic.

@tubro007

2 жыл бұрын

yup

How do you expect a client to transfer personal information to create a living trust?

Honor with thank you our land business started how long time starting your business I waiting for your Decision please everything I do

Do you have a book that I can use to set up all of this and forms and how to use them ready to buy please let me know

@TobyMathis

2 жыл бұрын

The partners here at Anderson Business Advisors have all written books that are helpful on this topic. If you are looking to get into asset protection, you may wish to read Asset Protection for Real Estate Professionals, by Clint Coons. You are also welcome to reach out to us here at Anderson Business Advisors for a consultation and we would be happy to assist you.

My friend recently inherited 70k. Is that enough for him to put into a living trust for himself? Is there a minimum amount to create a living trust in CA? Thanks.

@TobyMathis

2 жыл бұрын

There is never a minimum amount for a trust. Anyone can benefit from the living trust as it contains provisions for incapacity, healthcare, end of life decisions, memorial instructions, burial/cremation, gifting as well as the trust itself which laws out how to distribute or hold assets.

What is the difference between revocable and irrevocable living trust?

@TobyMathis

2 жыл бұрын

Living Trusts are always revocable until one of the grantor passes.

@crjohnfelton9649

2 жыл бұрын

@@TobyMathis i need help

@TobyMathis

2 жыл бұрын

@@crjohnfelton9649 How may we assist you?

Can I have a living trust for my house which is my only asset?

If I am setting up a real estate brokerage should I set it up in the state that I am doing business in or should I set it up in Wyoming. what is the best way to do this and keep it as anonymous as possible. I plan o setting up a Living Trust, LLCs, and Corporations down the road but I need to get an LLC up so I can have a business. Thank you!

@TobyMathis

2 жыл бұрын

Typically you will want to set the active business up in the state in which you are doing business. With an active business, such as a real estate broker, generally your biggest concern is not anonymity as you are dealing with the public and portraying yourself as the owner. We would encourage you to reach out to Anderson Advisors and set up a meeting with one of our senior advisors to discuss strategies and structures that might work for you.

@richardbeaty5661

2 жыл бұрын

@@TobyMathis I will do that, I have a lot of expenses setting up my brokerage and need to get my brokerage setup but didn't want to go about it the wrong way and do something irreversible before I set up Everything with you guys.

I used a quit claim to add my daughter’s name to house property. But I am still paying mortgage payments . If I died unexpectedly how does that work? Could she sell the property to pay off mortgage and keep proceeds? Or have to get the balance financed in her own name? Or either or?

@TobyMathis

2 жыл бұрын

Consider asking your question on Tax Tuesday for a quicker answer andersonadvisors.com/tax-tuesdays-questions/

Can you recommend someone in Houston Texas to prepare a Living Trust

@TobyMathis

11 ай бұрын

Anderson Business Advisors would be more than happy to help you establish a living trust. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.

Fantastic overview. Does a living trust also protect from Medicare discovery?

@TobyMathis

8 ай бұрын

I do not believe so.

@churchillcoins8519

8 ай бұрын

@@TobyMathis thank you. Is there any trust irrevocable that does protect from Medicare Discovery?

Is Living Trust different from RVLT

The trustee and beneficiary ,can it be the same person?

I trust you

@TobyMathis

Жыл бұрын

Thank you so much, we try our best to provide the best possible content!

What is the time frame for an investor to put someone's estate into a living trust?

@TobyMathis

9 ай бұрын

It can be done in as little as a day - just involves the transfer of assets. So the answer depends on the type of assets and how many (or how much). Living Trusts are simple to funds - but funding is required to avoid probate.

@Empress_Dominique

9 ай бұрын

Thank you! What is the time frame for an investor to put someone that's dealing with a foreclosure into a life estate?@@TobyMathis

Hello Mr Mathis, I need to do a living trust. I do however would love to know approx cost which I know it depends on the extent of the trust. Just an approx please. Thank you K. DeCandia

@TobyMathis

Жыл бұрын

Hey Kathy! Thank you for your question. Go to this link and one of our trusted advisors will be happy to help! --------> andersonadvisors.com/living-trusts/

Why put bank accounts in the trust if they have designated beneficiary? Wouldn't the money go straight to them if one is listed without going to probate?

@TobyMathis

8 ай бұрын

Great question. There are several reasons, but the most important is lack of control of the funds once you pass (i.e. the beneficiary gets the money regardless of whether they have creditors, health issues, addictions, going through a divorce, etc.). That said, it does avoid probate. Better than nothing.

What's the cost to establish a living trust?

@TobyMathis

2 жыл бұрын

we do not give pricing over the internet as there are too many variables, but $2500 - $7500 is the range for a comprehensive estate planning document such as a living trust.

No my farm is go to son. But I wanted to give him it now so he does not go thru the crap I going thru now. So I don't have to were about it because it would be already done.

Like to set up consultation. Thanks!

@TobyMathis

Жыл бұрын

Here is a link to help you andersonadvisors.com/ss/

How is it that some Lawyers say you don’t need a living trust especially if you have a very modest home…my lawyer told me to do a Will instead of a living trust. He said a living trust is for people who have over a million dollars worth of properties therefore a living trust doesn’t make sense for me to get he said it’s lawyers way of making money off people for something that’s not necessary, I’m confused why is this happening? lawyers can’t even agree on this matter! I don’t know what to believe anymore.

How to do

Toby, I am an American living in Europe. I do not own any real estate in the USA, but I have my investment accounts there. I also own property in different countries. How can I trust help me create a plan for the future? I have one child who is currently a minor.

@TobyMathis

Жыл бұрын

Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby

how do i set up a perpetual land trust for my family?

@TobyMathis

4 ай бұрын

Setting up a perpetual land trust for your family involves a few key steps to ensure it aligns with your goals and needs. To discuss the specifics and tailor the strategy to your situation, I recommend scheduling a free strategy session with my team. Visit: aba.link/8dc586

Insurable interest to 3rd party?? What's that ?