Family Trust Explained | Why or Why You Shouldn't Use One

[@ryanm7171]

Great video. Can you please do one more specifically on Qualified Disability Trusts? Also, can you describe the type of expenses and possibly estimate the fees to maintain a testamentary trust?

[@damilolaawokiyesi7828]

Thank you. This video was simple and easy to understand.

[@yungwun55]

As an llqp licensed being in ontario, this video is well done and refreshing.

[@harupii-yo3lq]

I am reviewing for an ALU exam. This is really helpful.

[@mike330i]

Thanks for the video. Saves me a trip to a CPA or estate lawyer.

[@robertd333]

I was told you can't be ALL 3 in a Trust...only 2 out of the 3? Interesting. Thanks for the video.

[@maryrembijas9879]

Does the executor have total control? Giving more to one beneficiary than the other?

[@JackyKuk]

Good question, while yes and executor is also liable for any unfair distributions

[@azamarabear]

Wow great content thanks a lot😮

[@retireAnyAge]

Great content!

[@tk956351]

Appreciate the info!

[@arkadandfortuna1582]

Sounds like great information with good intent but I wish there was a post that explains this in plain English with plain English examples and not financial jargon where by only financial industry individuals understand it. I have yet to come across a UA-cam post that explains it that way.

[@JackyKuk]

funny becase most viewers say the opposite!

[@patrickLenouvel]

Very good video

[@gyoung4597]

Great video!!

[@azamarabear]

Approximately what would be the minimum amount of money in order for a person to consider setting up a trust

[@JackyKuk]

No minimum its about if you need to exert control or not

[@designbyhazema]

thank you!

[@JohnPham2015]

So will family trust protect my real estate from CA property 19 ?

[@JackyKuk]

Whats ca prop 19?

[@ahamedularefin9426]

Thanks

[@gabriellabenko8800]

I need to renew my will . Because the video is so great, can you do it for us. We live in Ontario. How much is the cost.?

[@JackyKuk]

Unfortunately we are not lawyers we dont draft will!

[@fredhooshi4294]

how to register a family trust?

[@JackyKuk]

It's set up via lawyers

[@christianduval9067]

With the business we have......we also have (2) family trust.....

[@christianduval9067]

Cost $25 000 to implement thru lawyer and CPA......but save $$$$$$$$$$

[@Justenjoylifenow]

Great video!