The Plain English Legal Podcast

The Kate Moss Moment Explained

It’s spreading across the Internet that Amber Heard “blew it” when she had her Kate Moss moment, and it really boosted Johnny Depp’s case. But why? In this podcast, I review this critical moment and what it actually means.

VIDEO PLAYLISTS

Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofrcWCdiJhvVyT-3FP9g4oc6

Medicaid Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofo-p9kCyJoGnW8DNQ8Vd58K

Special Needs Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofpebbVuL0dFey2ehaGy40Et

Professional Series Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofoXPNgR_-6Nxdw08hdX0qih

Financial and Insurance Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofqPOeJ6HYqSmjoc6DXltsWl

 

COURSES, PROGRAMS, AND WEBINARS

Special Needs Planning Webinar.  FREE WEBINAR. There are very few areas of estate planning more fraught with risk than trying to plan an inheritance for a special needs beneficiary… if you don’t know the basics. In this free webinar, I go through the myths, goals, and proper techniques in estate planning for a beneficiary with special needs. http://www.specialneedsplanningwebinar.com.

Trust Funding Webinar.  FREE WEBINAR.  It’s not enough to just have a revocable living trust and not ensure that your assets are coordinated with it to avoid probate. It’s like having the world’s best suitcase for your dream vacation, but failing to pack everything you need. In this webinar, I break down the biggest “trust funding fails” I have seen in my legal career. Trust funding doesn’t have to be a complicated mess when you know the basics and reasoning behind the different techniques. http://www.trustfundingwebinar.com.

Medicaid Planning Webinar.  FREE WEBINAR.  When it comes to Medicaid Planning, there is little room for mistakes and hardly no forgiveness for incorrect moves (at least without expensive court intervention). In this free webinar, I review the ten biggest Medicaid Planning mistakes people make. http://www.medicaidplanningwebinar.com.

Estate Crash Course.  What is probate? What’s the difference between a Will and a Revocable Living Trust? What are the big decisions I need to make? There’s a lot of information, misinformation, and folk remedies out there, but I cut through all of that to explain the basics of estate planning in plain English, long before you step foot into the attorney’s office to work on your specific goals and objectives. http://www.estatecrashcourse.com.

VA Pension Crash Course.  One of the least known, least utilized benefits available to senior veterans is the Veterans Pension Benefit. This course reviews the ins and outs of the benefit, who it is meant to help, and the all-important four big tests to qualify. http://www.vapensioncrashcourse.com.

The Six Keys to Successfully Planning Your Estate.  Get organized in planning your estate through this FREE REPORT before you start spending hundreds of dollars an hour with an attorney. http://www.sixkeysreport.com

 

SAY HELLO ON SOCIAL MEDIA!

LinkedIn: https://www.linkedin.com/in/marsocci

Instagram: https://instagram.com/the_plain_english_attorney

Facebook: https://www.facebook.com/TheLawOfficesofJeffreyGMarsocci

YouTube: https://www.youtube.com/user/nclawyer

 Blog: https://plainenglishattorney.com/blog

Podcast RSS Feed: https://app.kajabi.com/podcasts/2147498518/feed

 

#justiceforjohnny

What's All This Hearsay Crap

"Hearsay is a statement, other than one made by the declarant while testifying at the trial or hearing, offered in evidence to prove the truth of the matter asserted.” In this reaction video, I explain in plain English the definition of ‘hearsay’ that kept popping up in the Johnny Depp/Amber Heard trial, and then I apply it to several crappy scenarios.

 

ORIGINAL VIDEO

Johnny Depp being so done with Amber heard's lawyer for 2 minutes straight - Funny Compilation!! https://youtu.be/CevRhpi1OYw by Johnny Depp’s guy

 

Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofrcWCdiJhvVyT-3FP9g4oc6

Medicaid Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofo-p9kCyJoGnW8DNQ8Vd58K

Special Needs Estate Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofpebbVuL0dFey2ehaGy40Et

Professional Series Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofoXPNgR_-6Nxdw08hdX0qih

Financial and Insurance Planning Playlist: https://youtube.com/playlist?list=PLrrVKQBBVofqPOeJ6HYqSmjoc6DXltsWl 

 

 COURSES, PROGRAMS, AND WEBINARS

Special Needs Planning Webinar.  FREE WEBINAR. There are very few areas of estate planning more fraught with risk than trying to plan an inheritance for a special needs beneficiary… if you don’t know the basics. In this free webinar, I go through the myths, goals, and proper techniques in estate planning for a beneficiary with special needs. http://www.specialneedsplanningwebinar.com.

Trust Funding Webinar.  FREE WEBINAR.  It’s not enough to just have a revocable living trust and not ensure that your assets are coordinated with it to avoid probate. It’s like having the world’s best suitcase for your dream vacation, but failing to pack everything you need. In this webinar, I break down the biggest “trust funding fails” I have seen in my legal career. Trust funding doesn’t have to be a complicated mess when you know the basics and reasoning behind the different techniques. http://www.trustfundingwebinar.com.

Medicaid Planning Webinar.  FREE WEBINAR.  When it comes to Medicaid Planning, there is little room for mistakes and hardly no forgiveness for incorrect moves (at least without expensive court intervention). In this free webinar, I review the ten biggest Medicaid Planning mistakes people make. http://www.medicaidplanningwebinar.com.

Estate Crash Course.  What is probate? What’s the difference between a Will and a Revocable Living Trust? What are the big decisions I need to make? There’s a lot of information, misinformation, and folk remedies out there, but I cut through all of that to explain the basics of estate planning in plain English, long before you step foot into the attorney’s office to work on your specific goals and objectives. http://www.estatecrashcourse.com.

VA Pension Crash Course.  One of the least known, least utilized benefits available to senior veterans is the Veterans Pension Benefit. This course reviews the ins and outs of the benefit, who it is meant to help, and the all-important four big tests to qualify. http://www.vapensioncrashcourse.com.

The Six Keys to Successfully Planning Your Estate.  Get organized in planning your estate through this FREE REPORT before you start spending hundreds of dollars an hour with an attorney. http://www.sixkeysreport.com

 

SAY HELLO ON SOCIAL MEDIA!

LinkedIn: https://www.linkedin.com/in/marsocci

Instagram: https://instagram.com/the_plain_english_attorney

Facebook: https://www.facebook.com/TheLawOfficesofJeffreyGMarsocci

YouTube: https://www.youtube.com/user/nclawyer

Blog: https://plainenglishattorney.com/blog

Podcast RSS Feed: https://app.kajabi.com/podcasts/2147498518/feed

 

NOTE: This video and the description may contain affiliate links that allow you to find items and resources mentioned in the video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in no way obligated to use such links. Thank you for your support!

 #hearsay #justiceforjohnny

The High Cost of Low Probate Fees

“Probate fees in our state are not that high.” Unfortunately, I hear this from some attorneys who focus their practice on handling probate, and probate is exactly what you get when you rely on a Last Will and Testament for your estate plan. Considering the massive attorney's fees involved in handling full-blown probate cases, there is a huge financial incentive for attorneys to just "go with the flow" of drafting Wills if it means getting more money down the road.

In this outtake from my webinar “Estate Planning… Bigger Than Beyonce” I review the costs of probate, particularly in regard to lawyer fees as opposed to court costs. Here are the startling statistics:

• An AARP study pegged attorney fees for probate at about $25 billion annually back in 1990, which would be over $50 billion in today's dollars
• Beyonce's net worth is only $500 Million
• All of Live Nation's concert revenue for 2019 (before the bug hit) was only $9.43 Billion in comparison

For the full FREE webinar, sign up at https://www.estatecrashcoursewebinar.com

EINs and Trusts

This question keeps coming up... "Does a trust need a separate taxpayer identification number?" It depends. In this podcast, I go over the three main trusts we utilize in my law practice with a focus on the "hybrid" Irrevocable Property Trust, which is also classified as an Intentionally Defective Grantor Trust. At the end of the day, banks and financial institutions setting up accounts need SOME taxpayer ID number to identify who is responsible for the taxes. In some cases, a social security number may be the most appropriate, and it can prevent harassing letters from the IRA demanding a 1041 tax filing for a trust that does not need to file one. #trusts #estateplanning #taxayerID #irrevocabletrusts

Family Limited Partnerships: How They Work in Generational Estate Planning

Family Limited Partnerships can be an extremely effective tool in protecting family businesses, transferring value to the next generation during life without transferring control, and providing for a clear distribution of all assets (including the businesses) upon death. To make this happen as smoothly as possible, the Family Limited Partnership needs to be handled in conjunction with a Revocable Living Trust. But how is this accomplished? How do you title the shares? What’s the difference between General Partnership Shares and Limited Partner Shares? In this podcast, Jeffrey G. Marsocci, The Plain English Attorney™ reviews all of these questions and more, including providing a family example of how control of the business can be maintained through a second generation.

Probate Roundtable

Taking an estate through probate can be one of the most expensive, time-consuming, and frustrating experiences someone can go through. While a large part of my legal practice is focused on estate planning that avoids probate, sometimes there is just no choice. To help answer some questions about probate, I was joined by probate attorney Cara Williams and my former probate legal assistant DeJah Debon to discuss the three main phases of probate, some of the main problems people face when trying to go it alone, and even tell some stories from our past experiences.

#estateplanning #probate #estates

The Big Probate Lie Financial Institutions Tell

There is one, big lie about probate that financial companies tell their clients all of the time. Unfortunately, many of the professionals at these banks and institutions have no idea that they are telling this lie or how disastrous it actually is to their client’s estate and family. The lie is “our accounts are beneficiary driven so they completely avoid probate."

How to Disinherit a Child From an Estate Plan

Should you just leave a disinherited child a dollar? No! In this podcast, Jeff goes through the main principles in cutting out a child from an estate plan in a way that doesn’t complicate things.

For the YouTube video on this subject, check it out here: https://youtu.be/-Gd118dK6_Y 

#estateplanning #revocabletrust #livingtrust #revocablelivingtrust

Bank Screws Up Estate Plan?!

What happens when you have been with a partner for 30 years, but were never married because they never divorced their spouse? Despite a solid estate planning strategy with a revocable living trust, one slip up at the bank can cause disaster. In this review of a Reddit question on r/estateplanning, Jeff reviews how one mistake by the bank could cause much of an inheritance to go to the spouse they have been separated from for forty years and not their partner of thirty years. #estateplanning #bank #trust #reddit

Kicked Out!

What does it take for Jeff to kick someone out of his office? In this installment, Jeff puts out the question of whether a child is just clueless about estate planning or are they actively trying to steal the entire estate from their sibling with special needs? Get the details (anonymously, of course) and render your judgment. #estateplanning #specialneeds #fraud