The Plain English Legal Podcast

Five Ways to NOT Leave an Inheritance

Having a solid estate plan often means having a revocable living trust that can distribute assets to your beneficiaries without probate. But how should those assets be distributed out of the trust? At age 18? With a mandate to pay for all education expenses? Through a stipend to a guardian? In this podcast, Jeff reviews five ways of distributing inheritances to avoid, and why other methods make more sense. Check out the free resources at www.LivingTrustLawFirm.com/downloads #estateplanning #revocabletrust #livingtrust #revocablelivingtrust

Revocable vs Irrevocable Trusts

I frequently get questions about the difference between revocable and irrevocable trusts. The truth is there are many different kinds of trusts, both revocable and irrevocable, but in this podcast I cover the different purposes, uses, and tax implications between 1) revocable living trusts, 2) irrevocable property trusts, and 3) irrevocable family trusts. Each of these trusts can be valuable part of an overall plan, but in the end they are just tools.... and you want the right tool for the right job.

The Joint Property Tax Trap

Putting your kids’ names on the deed to your house to avoid probate can lead to HUGE taxes down the road. In this podcast, Jeff reviews the downsides of the frequently used joint property “duct tape” solution, and why a revocable living trust can avoid probate AND these unnecessary taxes. Check out the free downloads at the law firm’s website at http://www.livingtrustlawfirm.com/downloads #jointproperty #estateplanning #revocabletrust #livingtrust #revocablelivingtrust

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.

Freebies and Offers

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