Wills and Trusts Explained

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  • Опубліковано 1 гру 2024

КОМЕНТАРІ • 65

  • @eazzflame
    @eazzflame Рік тому +3

    Your videos are very helpful.. I'm not a lawyer but I'm working remotely for a law firm in MD as client specialist/receptionist.your examples of scenarios are familiar and relates to the kinds of inquries I get from clients. It helps me understand better their situation so I can relay it correctly with our attorneys. Thank you!

  • @baldeagle242
    @baldeagle242 2 роки тому +2

    I know a lot of these videos are a few years old but... THANK YOU! You have earned a new sub!

  • @Financial_fitness_lady
    @Financial_fitness_lady Рік тому +2

    You explained all this really well! I feel like I could actually go in to someone the set up my estate plan/will/trust/POA etc and understand what they're talking about and ensure it's set up the way I want. Thank you!

  • @IlonaJosiane
    @IlonaJosiane Рік тому +1

    I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.

  • @maverickjacksonexecutivedi7569
    @maverickjacksonexecutivedi7569 3 роки тому +3

    Wow impressive! Powerful video with great information. We are never to old to learn. Thank you for sharing this.

  • @dani323
    @dani323 Рік тому

    Thank you so much! These are great educational videos to those of us without the legal language, and knowing. You empower us to walk into this situations not to be taken advantage of; knowledge IS power. Finally, encouraging to get our paperwork together that our legal needs are in order; not decided by a corrupted judge in Court. Thank you for your honesty!

  • @americasestateplanninglawy1946
    @americasestateplanninglawy1946  4 роки тому +5

    UA-cam would only permit me to reference five other videos during this video, so where I said I was linking a video, I could not. Enjoy and thanks!

  • @K5310
    @K5310 Рік тому

    Hi , when Testator writes up a will and part of that in the will it to designate a guardian, then do Testator has to fill out another form to ask the curt to appoint the guardian BEFORE the Testator deceased or decapitated ??

  • @vincebarista111
    @vincebarista111 Рік тому

    Thank you Paul for this really well laid out and clear explanation! My question is, if we have a living trust do we still need to have a will? Or to paraphrase - in what cases would people still want to write a will even though they have created a living trust? Thank you! Vanja

  • @shamat9988
    @shamat9988 4 роки тому +3

    Thank you! This is helpful for my law school class.

    • @allythabit5175
      @allythabit5175 4 роки тому

      Sorry may u help this question can a trustee be a beneficiary

    • @PonchoNugen
      @PonchoNugen 2 роки тому

      @@allythabit5175
      Yes

  • @2901nc
    @2901nc 4 роки тому +1

    Excellent, understandable place to start!

  • @MYlearning-f7l
    @MYlearning-f7l Рік тому

    Excellent video!

  • @sfmommyof3boys
    @sfmommyof3boys 2 роки тому +3

    Do you need a Will/living trust for bank accounts?

  • @Stay_Loose407
    @Stay_Loose407 3 роки тому +2

    My grandparents got old money and my dad is a banker. Looks like my inheritance is looking slim to nothing.

  • @jadler10
    @jadler10 Рік тому

    Who holds/protects the will. Should it be kept in a vault to prevent someone, even the executor from altering illegally?

  • @johnb9710
    @johnb9710 Рік тому

    Hello,
    What is the difference between successor beneficiary and contingent beneficiary and secondary beneficiary?

  • @TheMCHERRADI
    @TheMCHERRADI 2 роки тому

    What is the first step to take and who to contact if your husband or wife dies and how long it takes. Thanks

  • @waltjames9988
    @waltjames9988 2 роки тому

    Do you still need to probate your assets if property is set up through a lady bird, and the rest is through beneficiaries listed

  • @quinnkirsop
    @quinnkirsop 4 роки тому +1

    Very thorough and helpful. Thanks Paul!

  • @sharkgon2386
    @sharkgon2386 3 роки тому +1

    I wish you be here in Dallas to where I can visit your office for a personal study of how would be accommodated my own personal situation.

  • @CharlesAvilaMeasInst
    @CharlesAvilaMeasInst Рік тому

    That was very helpful, hank you so much!

  • @davinaalleyne6079
    @davinaalleyne6079 4 роки тому +1

    Thank you for this important information. I'm going to need some more advise on the matter.

  • @dennisbarr7592
    @dennisbarr7592 Рік тому

    Well done!

  • @bjlong4452
    @bjlong4452 3 роки тому

    Thank you. I will be watching many more of you videos.

  • @MOHAMMADIBRAHIM-bp6xn
    @MOHAMMADIBRAHIM-bp6xn 10 місяців тому

    Thank you for the info, Sir.

  • @phineasj.whoopee1786
    @phineasj.whoopee1786 2 місяці тому

    You are a good guy, thank you

  • @strategicservices9906
    @strategicservices9906 3 роки тому +1

    Do I need to go to lawyer for will to be done in Iowa? I am single with no relatives.

  • @sharkgon2386
    @sharkgon2386 3 роки тому +1

    Thank you very much for your educational video, this make easy to communicate and understand the language with the professional to be able to get the best help.

  • @jasonfurnas4748
    @jasonfurnas4748 2 роки тому

    Thanks for the video

  • @InLawsAttic
    @InLawsAttic Рік тому

    Thank you so much.

  • @jasonsmith3982
    @jasonsmith3982 2 роки тому

    So if an attorney isn't listening and I do an Appointment of fiduciary and I appoint him as a fiduciary debtor because he is causing an injury to me and won't listen. And he gets suspended for 2 years. What happens?

  • @Asun888
    @Asun888 4 роки тому

    Thank you so much. This is easy to understand. Clear explanations. I wish you are in Florida.

  • @ChadWardenPS3
    @ChadWardenPS3 4 роки тому

    Explaining a hard subject very easily. Well done

  • @waynejohnson6488
    @waynejohnson6488 2 роки тому

    Should you keep making house payments on a Land contract after death or should you wait until the will comes out

  • @nancikrukowski5238
    @nancikrukowski5238 3 роки тому +1

    How much should I be prepared to pay for a lawyer to handle mine and my husbands will and or trust. We are both in our 60s snd have two children

    • @andrewmaina8422
      @andrewmaina8422 3 роки тому

      Good question. I think most importantly, have you decided who will be or would be the Trustee? From what I’m seeing, having a Will might lead to a lengthy court process if the kids disagree on it. And having a Trust puts all your assets in the hands of someone you wholly and completely trust (no word pun intended) to treat your both hard earned assets as their very own and to always look out for the interests of your kids like they we’re their kids.
      I think once you’ve figured that out, the fees of paying a lawyer would be rightly justified.

  • @sherrireid1384
    @sherrireid1384 4 роки тому +1

    Very well explained and very helpful!

  • @bswami1
    @bswami1 4 роки тому

    Thank you for the fantastic videos from Redmond, WA. Helpful to learn these before talking to my financial advisors.

  • @EC4400
    @EC4400 4 роки тому

    Wow! Very informative. Thank you so much

  • @cinthyamoore884
    @cinthyamoore884 3 роки тому

    Thank you so much. This helps a lot

  • @perecarl12
    @perecarl12 Рік тому

    If a father wills assets to a son does that override ownership to the surviving wife?

  • @allythabit5175
    @allythabit5175 4 роки тому

    Thenk yhu am from tanzania a fourth year law students am just asking you can a trustee be beneficiary?

  • @jadenicholls237
    @jadenicholls237 11 місяців тому

    What happens if a grandparent leaves an inheritance to their grandchildren but that individual dies before they come of age to inherit

  • @日照戊子
    @日照戊子 4 роки тому

    thank you for your videos!

  • @oncoi1
    @oncoi1 3 роки тому

    can you help . me and my mom is the caregiver to this lady name carol and she plan to buy a house and in the trust she her brother and my mom. and my mom take care of her for 9 years . and last week this past away and she dont buy the hause so is the money that suppose to buy the house all go to her brother or what ? and in the trust said 50 percent goes to her brother and 50 percents goes to my mom

  • @rain7096
    @rain7096 2 роки тому +1

    👍

  • @jasonsmith3982
    @jasonsmith3982 2 роки тому

    So a legal death is not the same as someone's natural death. For example, in a marriage, there is death do us part. Meaning: someone's going to die on paper by the execution of a document. Would this be a legal death?

  • @henryprovencal4933
    @henryprovencal4933 8 місяців тому

    The speed talking you did to explain your stuff gave me a headache. I was exhausted by the end of it. Wow!!!!

  • @ImreSuha
    @ImreSuha Рік тому

    Testamentary trust goes through probate , so not really a good idea

  • @DD-bn2mx
    @DD-bn2mx 3 роки тому

    he was going to simplify wills and then he goes off on the extended beginning lol

  • @AWayOfLiving84
    @AWayOfLiving84 Рік тому

    👣

  • @zachhaughawout4260
    @zachhaughawout4260 2 роки тому

    Iomiik

  • @sandraevert3273
    @sandraevert3273 2 роки тому

    Couple makes a trust the wife dies her will cuz everything to the husband the husband makes a new will different than what to trust is he he doesn't want he wants to change the trust but he doesn't make a new trust he just makes no will does that new will bring the newest legal document cause the trust made under the couple before the wife died void

  • @rocman883
    @rocman883 2 роки тому

    You talk to much, get to the point sand quite Babbling on and on my friend. You have great information but you’re just babbling on and on over nothing.

  • @sfmommyof3boys
    @sfmommyof3boys 2 роки тому

    What about bank accounts?