10 Reasons Why You NEED a Trust 

I had to be facing major brain surgery before I made time to get a trust, and I'm an attorney. Don't be me! Get this done. It's not hard and it's what all the grown ups are doing!

Mark, keep being you. Your humor resonates with a ton of adults and makes it easily enjoyable to watch for a whole hour while EDUCATING us! Thank you for teaching us. You have my business for the RLT!

As an executor for someone's will and as a successor trustee for my sister I have seen first hand the differences between a traditional will and revokable living trust. The will requires probate court, lawyers and time, usually 6 - 12 months before the will can be executed, if it is not contested. The trust is just the opposite. No probate, no lawyers except for house closings and some legal questions. The successor trustee can carryout the instructions in the trust immediately and the trust can not be contested. Another significant benefit of a trust comes if you own property in multiple states; no probate in another state, no more lawyers, no out of state court! The trust should be structured for the disposition of the major assets (house, rentals, antiques, art, stock...) and not every little nicknak you own. It should also be used to identify all beneficiaries and what should happen should any beneficary die so the assets can be passed on to your wishes. In most states, you do not need to put your car into the trust since one person/one car can be handled outside the trust by the successor trustee. Financial investments do not need to go into the trust, instead they should be designated as TOD with named primary and secondary beneficiaries. When setting up a trust be sure to also have a power of attorney in place should you become incapacitated. It is also good to have a living will and healthcare proxy to state your healthcare needs at end of life.

Thanks for honesty and insight. Much appreciated and unexpected. Great info that my family sincerely needed. God Bless!

I love learning with you.

Alot of your viewers actually love the aggressive approach. Honestly, with my adult adhd, and dark humor.. You're probably the only professional who can grab my attention enough to take these important topics seriously. I'm absolutely serious. Adults with ADHD.. Tend to not take these topics as seriously as they should! (me included)! It's a tough topic for anyone, but it's soooo incredibly easy to blow off for some of us. Lmao. Q

Good information and everyone need to have a trust!! Keep up good work sir

Im here for it! Like you read my "questions" list. yeyah

Great info!!💪🏽💪🏽

That was intelligent to show sensitivity to those afraid of the subject. Yea it’s sales, but you didn’t have to do that. Well done 👏👏👏

Great video. Thanks!

Love the info

Like playing Russian roulette with those kids either you’re in or you’re out of the the living trust 😂😂

Good video!

I can see that you really love what you do. I'm still trying to figure out my life's purpose. I keep picking the wrong things. I enjoyed this video and learned a lot.

where should we create our trust? does the state matter? how to put an llc in the trust so we can be managing member to have control???

❤❤❤❤🙏🙏🙏🙏🙏 It’s allll good bring it on. Let’s learn 👍👏🏼🙏🤩🥰🥰🥰 Living trust are very important because as a Probate real estate agent, I see the reasons why everyone needed a living trust, but unfortunately, didn’t get it 😳😱🤦🏻‍♀️🙄

would you still be able to pull the equities out of your home for any reason if it was put in a trust? And how does that effect your homeowner tax filings?

Does your HSA have to form an LLC in order to put your stocks & crypto in? Can you put stocks in there to?

In which state do you usually open trusts?

Having a MMLLC, how do these concepts apply to the individuals? Each member can structure this way? Our business is filed as an S-CORP.

I need this , few seem to know this info

Dude how did you use to connect your ipad to your screen?

In the state of Nebraska, if you have a Trust and leave the bulk of your possessions (House), to your child as a gift, is that the best strategy? Or, should it not be left as a gift?

Will a Beneficiary Deed bypass the Probate?

Awwww man I missed the calendar 📆

We have 1

Can you do a video on multiple cds on at same time

I had an attorney, who is now deceased, who prepared a warranty deed transferring my home to my living trust. He said to have my successor trustee record it after I die. If it's recorded prior, he said it would probably raise my real estate taxes. In Florida we have a 'save our homes' provision in the state constitution that says our real estate taxes can't go up more than 3% a year on our personal residence as long as we own the home. If a transfer is recorded, they might try to cancel the grandfathered-in real estate tax benefit that I currently enjoy. What is your take on that? Is there any problem in having my successor trustee record the deed upon my death?

Appreciate you sir. essential information, delivered in a light-hearted manner.

Any one has a list summarized?

How long does it take to do this Trust from beginning ? How long must you have this trust before it goes into effect ?

❤

I am a partner of three LLC . How Can I create a trust for all my business when I just one of the ownership ?

@Mark Kholer I recently opened a ROTH IRA Checkbook with DIRECTED IRA and KKOS. The ROTH IRA owns the Roth IRA LLC. Can I still put thud inside my trust? Thanks

How does a trust protect my things i a prolong nasty divorces where things are a mess...

confused once you started to draw

What kind of trust? Express Trust, Common Law Trust, Living Trust.... ?

I want a free book. Lol

😊

My mom does not own real estate and her only assets are her checking account and 2 small insurance policies, does she need a trust or just a simple will?

Who can prepare a trust? Or who do we go to to set us up?

Well how do i start this trust, any recommendations?

Thank God you have a sense of humor... That's what I love about you!!! Keep the humor... even about death... If you can laugh in the face of death.... death might just stay away from you.

What’s an assault rifle? I’m only familiar with sporting rifles! I’ve never seen a rifle assault anyone! Trust are good for machine guns! They sound nicer than these assault weapons you speak of!!!

I found your utube tonight....so confused...have sole prop small business with sch c since 86....help.

Not sure if you say this yet, for a trust should we have a EIN?

My fear is I don’t have enough assets to concern myself with a trust. Do you offer consultation calls?

Can my 17 year old buddy set up him a trust?

A law firm can't be owned by a marital trust unless both spouses are lawyers? I believe this is true in at least some states.

Wow so many scam comments

We still do not have OUR TRIFECTA HELLO AND we paid good cash for our tax stuff and STILL 4 weeks later we have HEARD NOTHING and still no help! You talk a lot of talk which is starting to sound cheap without action on your end for our tax return - we call it the put off been there had it done to us and now we see you guys do the same thing great giving people hopium with NO results f-ing sad and pissed!@!!

You talk waaaayyyyy too much. Just get to the points.

Despite the economic downturn, I'm so happy. I have been earning $40,000 returns from my $8,000 investment every 12days