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citadellawfirm · 1 month
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Mastering Estate Planning: Avoid Probate in Arizona Avoiding Mistakes
https://clfusa.com/estate-planning/avoid-probate-in-arizona-avoiding-mistakes/
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legacyassuranceplan · 6 months
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Is probate public? Are you concerned about privacy? Better watch this! #estateplanning #legacyassuranceplan #revocabletrust #avoidprobate https://youtu.be/UVwG8b10Myo
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Family Trust Package
Family trust packages are used for tax planning, estate planning, asset protection, and other financial planning purposes. At Monday Morning Trust, our legal document assistants will guide you through the process of creating a comprehensive trust, ensuring the protection and transfer of your assets to future generations. Get peace of mind by contacting us today.
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20westlegal · 2 years
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We all want the best for our children and grandchildren, and we want to help ensure that they are well taken care of if something happens to us, should the need ever arise.
But in most situations and potential risks, transferring ownership of a home directly to your adult children as a means of "poor man's estate planning" is almost never a good idea.
With that said, there are certainly exceptions to these rules. So if you're thinking about transferring your house outright to an adult child (or children), you should schedule a free consultation with us first. We'll discuss your situation and provide recommendations based on your specific needs and wishes.
We will help you plan for your future by protecting and managing not only your home but all of your family's wealth and assets while also enabling you to better afford whatever long-term healthcare services you might require.
Schedule a Family Wealth Planning Session with us now! https://bit.ly/schedulewitherica
#transferringhome #homeownership #familyhome #assetmanagement #avoidprobate #probate #medicaid #home #familywealthplanningsession #sudburyhomes #sudburyfamilies #sudburfamilies #sudburyattorney #sudburylawfirm #estateplanninglawyer #ericaendyke #20westlegal
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kayprism · 6 years
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Look! at age 21 the late great #rapper @macmiller knew to get a #trust to protect his #assets. A Trust. How many #hiphop #rappers of Color have one?? A trust supercedes a will every time. #macmiller #tomorrowisnotpromised #doitnow #protectyourassets #dontwait #avoidprobate #rapper or not!!! https://www.instagram.com/p/Bn0KQvhhnh5/?utm_source=ig_tumblr_share&igshid=7wtxd58f2zii
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gordillolawfirm · 3 years
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Getting a will or living trust is going to be one of the most important things you ever do for your family.
But it can also be confusing and frustrating because there are so many different kinds of wills, trusts, and other legal documents that each serve a specific purpose. And if you have any assets (like real estate or investments) outside of what’s in your name, then getting this right is even more critical.
In this video, I am going to help you figure that out by telling you four key things you can do with a trust that you cannot do with a will.
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sabinedillon · 3 years
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A useful tool to keep the family finances stable, and to potentially get some welcome tax relief, is for mom or dad to pass the deed to the family home to the kids or grandkids while maintaining a life estate. This way, the kids already own the home and it doesn't have to go through probate, but mom/dad retain the legal right to live at home for the rest of their lives. #sabinedillonhomes #growth #familyassets #trustfund #avoidprobate (at Redwood City, California) https://www.instagram.com/p/CPn45P3BePL/?utm_medium=tumblr
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blogannaqueentuttus · 5 years
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I cannot stress the importance of having a living trust to avoid probate court! Many people avoid getting a trust for lack of knowledge and the cost! Please don't put off getting a Trust!!!! Contact me for more information or questions! #trust #family #avoidprobate #AnnaQueenTutt #probaterealestate #lacourthouse #probatecourt #probaterealtor #realtorlife #QueenTuttRealEstate (at Los Angeles Cnty Probate Attorney) https://www.instagram.com/p/Bv2USGvlYnU/?utm_source=ig_tumblr_share&igshid=1vhny6m6vkd4i
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dawnestate-blog · 6 years
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Throwback Thursday! Probate Listing in Park Hill Heights should ready to be sold in New Year. Probate properties like this one are often delayed because of family disagreements. If you get a Living Trust your estate will go as planned versus a long court process. #throwbackthursday #probatedelays #propertyforsale #getalivingtrust #avoidprobate #probatepropertiesrequirepatience
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dawnestate-blog · 6 years
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Shine on Wednesday! An Important Question from the Battered Not Broken Luncheon: What can I do to avoid Probate? Create a LivingTrust and make sure it has 4 components. 1. The LivingTrust. 2. The Pour-Over-Will. 3. The Health Directive. 4. The Power of Attorney. Get your house 🏡 n order. #livingtrust #luncheon #speakingtruth #womenonthemove #shineonwednesday #avoidprobate Get the book #ProbateParalysisAnalysis
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20westlegal · 2 years
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Did you know that transferring ownership of your house to your child during your lifetime usually isn’t the best idea? 
We all want our children to be set up for success. But transferring ownership of your home to your adult child during your lifetime may seem like a smart move, but it’s actually a huge mistake that can lead to horrible consequences for everyone involved. 
Here are the 3 reasons why transferring your homeownership to your child is a bad idea. Check out the link below!
#transferringhome #homeownership #familyhome #assetmanagement #avoidprobate #probate #medicaid #home #familywealthplanning #lifeandlegacyplanning #sudburyhomes #sudburyfamilies #sudburyattorney #sudburylawfirm #estateplanninglawyer #ericaendyke #20westlegal
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gordillolawfirm · 2 years
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Probate is a legal process that can take months or even years to complete. And that’s the last thing you likely want your loved ones to endure in the immediate aftermath of your death.
Your assets will require slightly more advanced levels of planning to ensure your loved ones can immediately access them without the need for any court proceedings if something happens to you. The primary estate planning tool for this purpose are trusts.
Trusts are a popular estate planning tool for avoiding probate. Although there are various types of trust, the most commonly used trust for probate avoidance is a revocable living trust, also called a “living trust.”
A living trust is a legal document that lets you distribute your assets to people and organizations after you die. With a revocable living trust, you act as your own trustee during your lifetime, and then you name someone as a “successor trustee” to take over management of the trust when you die or in the event of your incapacity.
Although a living trust can be an ideal way to pass your wealth and assets to your loved ones, each family’s circumstances are different. The best way to determine which estate planning strategies are best suited for your situation is to meet with your local Personal Family Lawyer®.
#probate #avoidprobate #livingtrust #trusts #estateplanningstrategy #estateplanning #lifeandlegacyplanning #lasvegasestateplanning #lasvegasfamily #lasvegaslawfirm #lasvegaslawyer #EstatePlanningLawyer #greggordillo #gordillolawfirm
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