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Living Trusts 101 in 12 Minutes or Less

59K views · May 30, 2025 · Education

Comments · 39

  • @alexpuzankov8453 · 1 month ago

    Thank!

  • @daveclawson5185 · 1 year ago

    Thanks again fellas ❤

    3

  • @richbrown369 · 1 year ago

    My parents revokable trust worked when the last one passed on but a lawyer was involved and he recorded some documents at the county recorder...so much for privacy hahaha.

    8

  • @homeoftheben · 1 year ago

    Any advice or differences for those of us in Louisiana? Wanting to get started, but every reference and resource seems to start with a "Not for Louisiana" disclaimer

  • @aw45334 · 1 year ago

    What would protect my assets?  I have an revocable living trust. What else would I need in an add to it to asset protection?

    3

  • @WilliamMurphy-b6v · 6 months ago

    A trust is more private.  More opportunity for someone  (your follow-on trusree) who decides to scam you after you are dead.  Many people are honest until their price and opportunity permits them drain your trust for their advantage and not the best interests of the maker of the trust.  So sometimes oversight by a judge may be a good thing though it lengthens the time to get your estate distributed.  How do you ensure the follow-on trustee will follow you instructions from the grave?

  • @vajhuamsibluag · 5 months ago

    In my opinion, it simply means that other people outside of the family, want to share the treasures of the deceased person(s).

  • @CarlKettler · 1 year ago

    If financial accounts are set up with "Transfer on Death", those assets pass directly to whoever is named on the account documents. Also bypasses probate, and without needing to have a trust.

    9

  • @MikeVantyne · 1 year ago

    What if you have a will?

    3

  • @WalterPine · 8 months ago

    Totally disappointed they opened a trust but they failed to confirm the property description so now I have to find a title  company to correct it. I found these people on YouTube big mistake if I was you I’ll choose someone else.

    2

  • @reneeREMichigan · 1 year ago

    What if all accounts are TOD or have beneficiaries?? Is that enough?

    2

  • @gaurav7911 · 11 months ago

    Hi Mark, I want to create a RLT , can my wife and I create one single trust ?<br><br>Or should we create separate trusts ?<br><br>Because there are a few assets that are jointly owned by me and my wife, but also there are some that are just owned by me

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