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How To Put Assets Into A Trust (Living Trust And Land Trusts)

737K views · Aug 15, 2024 · Education

Comments · 496

  • @ClintCoons · 2 years ago (edited) · pinned

    Would you like to learn more about transferring assets into a trust? Schedule a free consultation here: <a href="https://aba.link/ofv">https://aba.link/ofv</a>

    102

  • @davidGomez-vc8ck · 8 months ago

    Thanks! &nbsp; Now I&apos;m more confused than I was before watching this video. &nbsp;Being 83 years old has made me very cautious and distrustful. &nbsp;😢

    23

  • @kinosantiago4235 · 9 months ago

    Make this simple for every day person

    24

  • @detroitgator1 · 1 year ago

    Yeah, this guy is all over the place. &nbsp;People who do something for a living have trouble taking a step back and being able to explain to those who do not have a clue what any of this means. &nbsp;Happened to my folks. &nbsp;Set up a trust but didn’t put the assets in to the trust. &nbsp;They died and I had to take it all to probate. &nbsp;They wasted a couple grand creating the trust, and I still had to go to probate. &nbsp;Find someone who knows your assets and situation and have them walk you thru it all

    215

  • @timloer5419 · 10 months ago

    Make sure if your with your parent setting up a trust and you are named as a trustee, that you are co owner and have co purchased the trust which makes you a client of the trust writer, then when your parent dies the writing firm can’t claim that you’re not a client. This is especially important in the case of blended family beneficiaries. In this way the writing firm has to answer to YOU! As a client which should carry more legal power than a ( non-client) trustee.

    27

  • @kendurham1964 · 9 months ago

    Back to the rhyme of the riddle in the middle of the relaxed forest

    5

  • @malindadenlinger882 · 1 year ago

    I wish I understood this more❤

    41

  • @sacredrain7757 · 1 year ago

    What a wake up call! &nbsp;Im so grateful to you for making these videos that point out how clueless I have been. The fact that I find it hard to wrap my head around on first encounter highlights my need to hire a lawyer to set up my estate properly. I thought I was done by just making a will for my house and bank account. I had no idea how exposed I am and how badly I have set up my beneficiary.

    24

  • @coffeedonutsandhomer653 · 1 year ago

    Unless it is an “irrevocable” trust Medicaid can still get at it for nursing home level of care. Also, if you get sued personally the property can still be an asset if the Probate Judge allows it…unless it is in an irrevocable trust.

    80

  • @simplip4934 · 1 year ago

    Hello, thank you, Clint, so much for this invaluable lesson! I was confused by the naming &quot;the title of the trust.&quot; &nbsp;I am so grateful for this lesson.

    14

  • @Lemnmot10 · 1 year ago

    i am so happy i came upon your account

    10

  • @jcblazak6356 · 1 year ago

    I will need to hear this again

    12

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