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I believe you forgot to include the link to the referenced article.

As the grantor, grantee & trustee, can another beneficiary be added? And can one use money in the trust as a normal savings account if needed to?

Hey Ms. Baler, regarding a trust.. (can one just add the would be beneficiary as a joint account holder to say ones own savings /checking account.. to avoid being taxed as well and have immediate access to those monies, if one passed away.)....???? I do understand now.. The trust allows one to get public benefits.. if needed. Thanks for explaining that.

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Thanks for the video. Can I still get tax benefit on the interest paid by me for the mortgage on the home owned by my Revocable Living Trust?

Fascinating information; wow! Thanks Brittany for sharing this high value research that has applicability for our families.

Excellent information, nothing like dealing with a true professional...our attorney took us thru court although we have Family trust...

Should you just gift 100k to each of the 5 kids and file 709 or set up Irrevocable trust? Both have the 5 year medicaid look back but gifting has no trustee paperwork or taxes.

Revocable Trust will benefit me and my daughter if correct.

Great information...What happens if the home is gifted to a beneficiary?

With millions of Jobs in Justice for Allied Legal Professionals protecting Grantors when we're vulnerable and Grantees Legacies when we're not around.

No thank you these are too easy to forge and steal everything we own, Contact us when you're NICER approved to install and services their 33-year reformed Forgery Proof Latin Law Permission Ledger Arbiter Interdiction Trust complete administration.

Abolish cap gains tax! It’s a scam

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Mmom had a will with my father Ricky Norman 12y

Good video. If a spouse owns the home all by themselves (including on deed) and then does a Will giving it to a cousin or friend, does anything in the Homestead Law say the surviving spouse or children to 21 get it. I know they are protected against creditors, but do they get to own or use the house if the owner didn't Will it to them? I am excluding whether the Elective Share law may let spouse use the real estate. So, does spouse or children ALWAYS get to use the Homestead????? In Mass. Mass law is confusing .

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Would the mortgage be changed to the name of the trust and will it still report on my credit? If I file bankruptcy, would that affect my mortgage if it's in the trust?

63 yo, childless F, just got married, and want to know if the revocable living trust is appropriate for me to protect my house from stepchildren. Spouse wants to live in the house until he dies.

My dad died left me executor of estate he had a girlfriend who hasn't been seen in years but her name is listed as joint owner we didn't know. What can I do to get it in my name?

Thanks for the insight! Too many people are blind sided by the Medicaid look back period we really appreciate you getting the word out.

Ok, but why would I need that? Not explained.

Homeowner insurance when adding "trust" the policy increase?

Medicaid and Nursing Homes have a 5 year look back policy for what they call asset recovery. They can put a lean on your home for reimbursement of payments for your long term care and health expenses even if you transfer the title to someone else, (like a family member), or put your home in a revocable trust. Placing your home in a trust at least 6 years Before the need for Nursing Home placement can help to prevent such leans. Setting up an Irrevocable Trust Fund for nursing home and long term care can also help prevent having a Government or nursing home lean on your house.

Many, many years ago, before I was born, my aunt and uncle were killed in an accident. My uncle either died at the scene or shortly after he arrived at the hospital. He had a will that left everything to my aunt but made no provisions for his underaged children. She died 3 days later without a will and with 5 minor children, the youngest of whom was only 2 or 3. That meant that estate couldn't be settled until he turned 21. Basically they couldn't use any of ny aunt and uncle's money and had to go on welfare plus contributions from the extended family. My parents' wills always included the requirement that the beneficiary must survive them by 30 days, else there was another beneficiary, plus providing a guardian for me. Other people's parents threw big parties or bought them a new car when they turned 21. My parents took me to the lawyer to write my will. They also had to redo theirs to reflect that I was of age and didn't need a guardian. And please go to a lawyer to draw up your will. Don't do it yourself or use one of those will kits you see online. You have no idea how much money lawyers make fighting those wills in court. Many of them don't even meet the most minimal legal standards for a valid will.

I have already heard great things about you from Attorney Sue Sayward!

Seems like a lot of trouble and work solely to avoid probate. Wouldn't that mitigate against it?

I need to understand this option.

Here to support you

8f it's not a "Private Express Trust created under the common law and within a foreign jurisdiction" I'm not interested. Any "Trust formed under or within the jurisdiction of the statutory policies of the [District of Columbia] is still subject to legislative enactments. See Blacks Law Dictionary 4th edition.

This video on last-minute gifting and estate taxes was super informative! It's a confusing topic, so I appreciate you breaking it down so clearly. For someone like me who isn't a legal expert, are there any red flags to watch out for that might indicate needing to speak with an estate planning attorney? I run a dream interpretation channel, and I'm always curious about how people deal with anxieties around the future in their dreams. Do you think there's a connection between people's financial worries and the types of dreams they have? This is exactly the kind of practical legal advice video I've been looking for. Great job! Liked and subscribed.

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Be very careful about refinancing. Apparently my mother-in-law did that. The house was pulled out of the trust but never put back in. We didn't find out till about 10 years later. She was still alive but we had to pay the attorney to update the trust and pull the house back in. So just double/triple check. 🙂

Excellent advice and video, thanks!

Thank you, Very clear and helpful.

Thinks you for being as Clare as you cood I gass but that's involovotrust🎉❤ godddess😊

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The amount should be adjusted for inflation. 100k in 1990 is equal to 207k in 2021. You earned nothing.

Happy Holidays to all! Thank you for the great videos!

I am 77 years old I don't have a landline anymore because it was shut off Verizon

If it is written in an irrevocable trust” trustee has “unlimited authority” , is that enough for true unlimited authority?

Regarding what you found about Lincoln declaring Thanksgiving a national holiday: This was, as I understand it, an action full of significance. 1863 was in the midst of the Civil War. Thanksgiving was celebrated in many localities at that time, but there was no sense of it being a a national ritual. Lincoln hoped that by declaring it a national holiday, it would provide a little bit of a sense that "we all do this together, North and South," a glue that might do its small part in binding the nation together.

Thanks for the info. I'm going to set a goal of 4,501 calories!

Happy Thanksgiving 🦃❤️

I’m new to this world and I work for a small wealth management company. We don’t have in house counsel. My question is for a irrevocable grantors trust and when the firm is Trustee, who signs the agreement paperwork? The grantor or the beneficiary of the trust?

Very helpful information. Thank you.

It sounds like Massachusetts has it right. It would de-incentivize people to murder their families and friends. Besides first-degree murder is the most serious crime one can commit and usually is punishable by life in prison or execution which would render they're goods useless because if you're in prison you cannot go to the bank and more than likely they will not come to you. So 👍 Massachusetts

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Thanks. Very informative, and is good news for us MA residents.

That was more of a commercial for her law firm than giving anybody information. Cause she didn't give any information.