The Plain English Legal Podcast

Just the FAQs, Ma'am (Volume 2)

What happens to assets outside a revocable living trust? Can probate be avoided using joint tenancy? Do I need a trust if I have less than $13 million? In this multi-part series, attorney Jeffrey G. Marsocci reviews some basic estate planning questions in his straightforward, plain English style.

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CHEAT SHEETS www.LivingTrustLawFirm.com/downloads

ESTATE PLANNING BASICS BOOK Book for sale on Amazon: http://www.estateplanningbasicsbook.com Audiobook for sale with free pdf download: http://www.estateplanningbasicsaudiobook.com

IRAs and Revocable Trusts... A Tax Mistake?

If a revocable living trust is supposed to be the “estate plan,” then why aren’t retirement accounts transferred into the trust or payable to the trust upon death? Based on some questions from clients creating a revocable living trust and IRA Trusts, this episode covers the different funding options for retirement accounts and why in some instances retirement accounts may never go into the living trust at all. #finance #revocabletrust #livingtrust #revocablelivingtrust #retirement

Just the FAQs, Ma'am (Volume 1)

What happens if I don’t have a Will? Why didn’t my attorney tell me about revocable living trusts? Do I need a trust if I have less than $13 million? In this multi-part series, attorney Jeffrey G. Marsocci reviews some basic estate planning questions in his straightforward, plain English style.

#estateplanning #revocabletrust #livingtrust #revocablelivingtrust

Trump Indicted!

A review of what the 34 count indictment against Donald Trump by the Manhattan Grand Jury means and doesn't mean.

Locking Up Inheritances?

Giving a large inheritance to a young adult can be disastrous, but how far should you go in locking it up? In this podcast, Jeff reviews different estate planning options and just how much protection can be provided. #estateplanning #revocabletrust #inheritance

Who Gets the Kids? Guardianship in Blended Families

A major topic in blended family estate planning is who should get guardianship of the children? The answers is not straightforward, but it can be. In this installment, Jeff reviews the main considerations when choosing who to nominate as guardian and what potential factors could actually go against your choice. #estateplanning #blendedfamilies #blendedfamily #guardianship

Momma’s Boy?! Athlete's Wife Loses in Divorce Because His Wealth is in His MOTHER's Name

In what is being hailed as a brilliant, protective move to save himself from losing in a divorce, soccer sensation Achraf Hakimi has been consistently directing his fortune to his mother’s name rather than accumulating it himself, so when his wife Hiba Abouk filed for divorce trying to claim half his wealth, she found out that he is actually broke. In this video, The Plain English Attorney lays out the potential vulnerabilities in this type of plan, and how, at least in the U.S., the divorce protection could have been done in a better and more efficient legal strategy using the right Trust and other legal documents. #divorce #assetprotection #soccer #achrafhakimi #prenup #premaritalagreement

Heir Raid! The Howard Hughes Probate Debacle

Airline and real estate magnate Howard Hughes lived an eccentric life and left behind an equally crazy estate mess to clean up. In this podcast, Jeff reviews a Washington Post article from 1981 about the billionaire’s colorful estate that should have wrapped up “in a few years,” as well as referencing a article he wrote 29 years later… and how someone claiming to be an heir of Howard Hughes only recently called his law office and demanded his staff give her her rightful inheritance. #estateplanning #revocabletrust #livingtrust #revocablelivingtrust #howardhughes #probate

Child's Pet Goat Seized by Police and Murdered?!

What happens when the government wants to "teach a lesson" to a 9 year-old by murdering her pet goat? A lawsuit. A lawsuit is what happens. In this episode, Jeff reviews and comments on an enraging contract dispute where both parties agree to let a child keep her pet goat... but the government decides different.

The Power of Attorney Doesn't Work! (With an Account in a Trust)

You need to use the right tool for a specific job. When it comes to estate planning with a revocable living trust, there are multiple tools involved. If an account is rightly titled in a revocable living trust, then someone using the power of attorney to gain access is likely to fail. So what are your options? In this installment, Jeff reviews why a durable general power of attorney doesn’t work on accounts in a trust and the possible solutions to grant financial access to someone else. Estate Planning Basics book: https://www.amazon.com/dp/193589613X Estate Planning Basics audiobook: https://www.plainenglishattorney.com/pl/2147622091 #estateplanning #revocabletrust #livingtrust #revocablelivingtrust #powerofattorney