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Have questions about this video? Sign up for a free consultation to get your questions answered by the professionals. https://aba.link/3pb What is a living trust, and how does it work? Clint Coons, Esq. will be going over the various factors that make up a living trust and its function in estate planning. We'll also discuss the advantages and disadvantages of a living trust, and provide examples of how a living trust might be used. "Why do I need a living trust?" 0:14 Living trusts are simple yet complicated pieces of paper that many find themselves stumbling over. A living trust is a legal document that allows you to transfer ownership of your property to yourself as a trustee. This means that instead of directly owning your assets, they’re held by an entity that legally belongs to you but can’t be easily accessed by creditors or others who might claim ownership. If you're interested in learning more about living trusts, be sure to watch this video until the end! We'll explain everything you need to know about this vital estate planning tool and answer any questions you have about this type of trust. Did you enjoy the video? Those who benefit from this form of content should definitely consider subscribing to the channel. We appreciate everyone who takes the time to watch our content and make up our community. Anyone who has questions about what we go over in the video or would like to learn more about estate planning, be sure to check out our website. We’re here to help you with any questions or concerns you have regarding the subject matter we covered in this video. Thank you, and good luck with your living trusts! Show Notes: 0:00 Intro 0:12 Why Do You Need A Living Trust? 4:20 How Does a Living Trust Work? 7:30 Assets with Example 9:46 Successor Trustees 13:01 Outro --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://www.youtube.com/c/RealEstateA... ~~~~ FREE REAL ESTATE INVESTMENT STRATEGY SESSION Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 https://aba.link/3pb FREE TAX & ASSET PROTECTION WORKSHOP Learn about Real Estate & Asset Protection from Clint Coons, Esq. and Toby Mathis, Esq. at our next all-day free Live Stream 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: 👉 Save Your Seat: https://aba.link/gie ~~~~ FINANCIAL PLANNING & RESOURCES Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/by3 For financial strategies, podcasts, articles and details on upcoming workshops visit https://aba.link/clintaba Here’s a little about me and my book Asset Protection for Real Estate Investors https://aba.link/clintbio ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT CLINT COONS Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth. --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #livingtrust #clintcoons