Well…she is not wrong! Listen to this video.👇

Here are a few alternatives: • Instead of putting your war•rant•ty deed in a trust, get the patent on your land. Then put the actual grant deed into a bullet-proof irrevocable trust. Not all attorneys are honest and some will find ways to puncture weak trusts. • Joint tenancy = 2 or more tenants/renters. Do you want to be a landowner or live in a home to which the state holds superior title and therefore can evict? • Instead of life insurance, build a business with leverage and put it into a trust for beneficiaries. • Instead of post-mortem probate, force probate while you’re still kicking, with everything in trust so you exit the stage as you entered it - with nothing. And, yes, you’ll be happy and so will your beneficiaries.

Thank you. 😊

THIS is what should be taught in schools. Instead we get 2SLGBTQIA+ horseshit.

Ignoring the F-bombs, listen to this gal as she explains the best way to protect your home investment w a Revocable Living Trust. 🤔🌵🍻☠️🇺🇸

Yes. 👍

Before anyone does this, look up irrevocable trust vs revocable trust. It makes a big difference.

Have a beneficiary on your bank and financial accounts.

It is the best thing you can do to protect your assets, just make sure you have an experienced attorney to guide you because not everything should be in a trust. You also need to make sure you have a proper trustee to execute the trust correctly. If your successor trustee is also a beneficiary it could cause issues that make court inevitable.

Oh ffs sake, all you have to do is put everything into a TOD - Transfer on Death, and no probate. You put it in a trust, and well, y’all the trust will be responsible for the taxes (yes - not you), and y’all just need to look at the tax rates on a trust - it’s unfathomable! Can y’all stop paying attorneys to rape you or what?

Help Abolish the California Death Tax! Proposition 19 of 2020! YOUR TRUST WILL NOT PROTECT YOUR HEIRS! There is an exemption or partial exemption. But you only qualify if you are inheriting your parent’s primary residence. The exemption applies to the heirs NOT THE PROPERTY!!! Pro tip: give the house to the child that will stay and live in it. Because if the other one sells and cashes out the exemption is reduced! The exemption comes with many hoops to jump through. Example: move in within a year’s time. If you have to follow a job to another state, you will risk losing the Prop 19 exemption… You can get the exemption form at the County Assesor’s Office. BOE-19-P The form is filled out after the parent dies. It’s a change in the California’s Constitution so you will not find it in the Probate Code! Here for California’s Constitution ARTICLE XIII A [TAX LIMITATION] [SECTION SEC. 2.1.  C For the bad parts of Prop 19. It is causing some people to lose their homes. Go to California Law—-California Constitution—to ARTICLE XIII A [TAX LIMITATION] [SECTION SEC. 2.1.  C Proposition 58 of 1986 is gone! It was replaced by proposition 19 of 2020! For more information on how Prop 19 is different than Prop 58 Here is the Board of Equalization’s website. Here For the Petition Go to

Sound advice. ANYONE WITH FAMILY that has hard assets should have them designated or titled (as appropriately --- different methods for different assets) to pass them without probate.

@grok, what are the income requirements or asset values for such trusts? What are the costs of establishing and maintaining such trusts? Is the information presented in the video both true and correct?

it has to be a irrevocable trust. If it is revocable it is still yours and if you were to be put in a nursing home paid by medicaid they will take it in asset recovery.

I have to wonder if that is even possible now. Too bad we didn't know about it 20 years ago.

@Patriot_4ever19 She is spot on

@NobodymrRobert

put everything in that trust, house , cars, jewelry anytime of value . about the only thing you can not put in the trust are retirement accounts, 401, IRA.

That why I have a living trust i own nothing and pay no tax 😎

Pretty sure you mean an irrevocable trust. An irrevocable trust has a clawback period. So if you end up in a nursing home the state can clawback the trust and the nursing home gets your assets. In an irrevocable trust you best trust your kids 😳 just saying

One can exit out of the IRS. We are not: An employee of the Government Living in the 10 square miles of foreign land known as Washington DC A corporation: All caps name Take care of your body & don't pay health insurance (scam) Do not vape, weed, pres crip tion$, smoke

Going through probate now and it is horrible.

Here's even better advice: Be smart enough to STAY SINGLE - and avoid ALL of that BS to begin with!

@grok what happens when the house is sold at some point - is there a tax to pay on the sale of the house that is different compared to the tax paid if the house stayed in a personal name?

Life insurance proceeds are tax free, no reason to put in trust

No. Buy Bitcoin and multi-sig the disbursement. Zero middle-men involved. The future is now.

@BilltwWilliam Great advice. And for free!

We need do to a trust. We only own one home. That's it. No savings, no extra cars(just one that is not paid off) no extra land, etc. My spouse does have life insurance on us all and thats it. But we want to give the home to our kids. Limited on income, how can we manage to do this if we simply can't afford an attorney.

I think we'll be doing a Trust very soon.

@Gitmo99 5 = 43215

This is awesome

I worked 30 years to have nothing except a bike guitar and computer.

This is exactly what we did a few months ago.

Informative

@grok Make me a list of these smart things that need to be done. Include instruction for Missouri home owners.

rights of survivorship can complicate if beneficiary is in bankruptcy and has creditors putting liens on property. I know.

Been preaching this for 30 years; not only what she says, but all along your 30 year journey, you legally avoid paying taxes! Learn the Law; Apply the Law!