Family & Aging Law Center PLLC
Family & Aging Law Center PLLC
  • Видео 31
  • Просмотров 452 271
Revocable Living Trusts In Michigan
Are you exploring the complexities of estate planning and considering the benefits of a revocable living trust? Our latest video, Revocable Living Trusts in Michigan: Everything You Need to Know, offers a comprehensive guide to understanding how these trusts operate and why they might be a crucial component of your estate plan.
Read our comprehensive blog post article for more detailed information and expert advice on revocable living trusts in Michigan. --
www.miestatelawyer.com/blog/revocable-living-trusts-in-michigan-everything-you-need-to-know
This article about protecting assets from nursing home expenses in Michigan by attorney Nicole Wipp at the Family & Aging Law Center is not legal ...
Просмотров: 57

Видео

Revocable VS Irrevocable Trust In Michigan
Просмотров 119Месяц назад
Are you navigating the complex world of estate planning and unsure about the differences between revocable and irrevocable trusts? You're not alone! Many people find themselves asking, "Which type of trust is right for my situation?" In our latest video, we break down the key distinctions between revocable and irrevocable trusts, specifically tailored to Michigan residents. Ready to dive deeper...
What Does Executor Of The Will Do In Michigan
Просмотров 79Месяц назад
Are you facing the responsibility of being an Executor of the Will in Michigan? This video provides a comprehensive overview of the Michigan probate process and the crucial duties involved in executing a will. Understanding the legal obligations and steps required can help ensure a smooth probate process. Read the full article here www.miestatelawyer.com/blog/what-does-executor-of-the-will-do T...
Michigan: Who Needs An Estate Plan?
Просмотров 1553 месяца назад
Do you wonder if estate planning is necessary for you? In our latest video "Michigan Estate Planning: Who Needs an Estate Plan?", we demystify the misconceptions surrounding the importance of having an estate plan in place, regardless of your age or wealth. Our discussion provides valuable insights from a Michigan-based estate planning attorney who explains why everyone should consider creating...
Can You Avoid The Nursing Home Taking Your House
Просмотров 2754 месяца назад
Are you worried about the emotional and financial burden of nursing home care? You're not alone. Many families face the overwhelming cost of long-term care for their loved ones, which can have a major impact on their financial security. But there's hope. In this video, we'll explore valuable strategies and real-life examples to help you protect your assets from nursing home costs, including you...
Lady Bird Deed Michigan
Просмотров 1,1 тыс.4 месяца назад
Are you a homeowner in Michigan? Have you heard about the Lady Bird deed, but aren't sure what it's all about? Well, let me tell you, this unique legal instrument can be a game changer for your estate planning. In this video, we will explain the purpose of a Lady Bird deed in Michigan and how it can benefit you and your loved ones. With its on-death transfer and ability for the grantor to retai...
Trustee vs Executor
Просмотров 4845 месяцев назад
Are you a Michigan resident concerned about the future of your assets? Estate planning is a crucial step in securing your belongings and ensuring your final wishes are carried out. But when it comes to choosing the right person to manage your estate, there's often confusion between trustees and executors. In this video, we'll break down the key differences between these roles and answer the que...
Adding Elderly or Disabled Beneficiary Designations In Michigan - Beware
Просмотров 1509 месяцев назад
Are you considering adding an elderly or disabled beneficiary to your Michigan estate plan? There are certain things you should be considering before you do. Look no further, though, because in this video, experienced Michigan estate planning attorney Nicole Wipp will answer your questions and provide the necessary solutions. In this video, we discuss Elderly or Disabled Beneficiary Designation...
Beneficiary Designations
Просмотров 2739 месяцев назад
Are you a Michigan resident looking to get your beneficiary designations in order? Look no further! In this video, we'll provide helpful tips and insights that will help you understand the ins and outs of beneficiary designations in Michigan. We'll also cover the essential questions you should be asking yourself when making these decisions, so you can have peace of mind knowing that your loved ...
Do I Need a Will or a Trust
Просмотров 1,9 тыс.9 месяцев назад
Are you confused about whether you need a will or a trust? Deciding what type of estate plan is best for you can be overwhelming, but it doesn't have to be. Here at The Family & Aging Law Center, we are an experienced wills and trusts attorney near you in Michigan. We'll help walk you through the process step by step and discuss all your options so you can make informed decisions. Let us guide ...
What is Probate - And Why Should You Care?
Просмотров 1,5 тыс.4 года назад
What is probate? When it comes to understanding probate, most people really don't know why it might be a "bad" or good thing. But in our experience, knowing what probate is, helps you make better decisions. In this very short video, Nicole explains a quick version of what probate is, so that you can be better informed. Need probate help in Michigan? Call our Michigan probate office at (248)278-...
When Do You Have To Go Through Probate - PROBATE DURING LIFE?
Просмотров 1,2 тыс.4 года назад
Is probate necessary? When do you have to go through probate? If these are questions you ask yourself then this video could be helpful to you. NOT LEGAL ADVICE! For general information purposes only. For information specific to your situation, consult with a qualified attorney. Facebook: MIEstateLawyer/ Website: www.miestatelawyer.com/ RUclips URL: ruclips.net/video/NbIpDPB8S9I/вид...
What Is Elder Law? - The DIFFERENCE Between Estate Planning and Elder Law
Просмотров 8 тыс.4 года назад
So what is elder law and what is estate planning? How do the two work together? What are the differences between them. NOT LEGAL ADVICE! For general information purposes only. For information specific to your situation, consult with a qualified attorney. What we do at our offices: Wills - Trusts - Powers of Attorney - Nursing Home Medicaid - Veterans Improved Pension (Aid & Attendance) - Long T...
Powers Of Attorney - Why Young People Need Them, Too
Просмотров 1,1 тыс.4 года назад
During this time of crisis, it is never more important to understand that even "young" people need powers of attorney. Healthcare workers, EMT/paramedics, first responders and police, and at-risk professions like grocery workers really need to hear this - but so does anyone over 18. If you're in Michigan, give us a call 248-278-1511.
How old should you be before you get Powers of Attorney?
Просмотров 5265 лет назад
How old should you be before you get Powers of Attorney?
Comprehensive Power Of Attorney Document - 10 Benefits
Просмотров 6495 лет назад
Comprehensive Power Of Attorney Document - 10 Benefits
Michigan Elder Law Attorneys - When You Should Call Us
Просмотров 3655 лет назад
Michigan Elder Law Attorneys - When You Should Call Us
Will Your Mom & Dad Have To File Bankruptcy? It's Much More Likely Than You Think
Просмотров 3315 лет назад
Will Your Mom & Dad Have To File Bankruptcy? It's Much More Likely Than You Think
Revocable Living Trusts & Real Estate - A Common Mistake To Look Out For
Просмотров 14 тыс.5 лет назад
Revocable Living Trusts & Real Estate - A Common Mistake To Look Out For
What Is A Guardianship?
Просмотров 8936 лет назад
What Is A Guardianship?
What Is A Revocable Living Trust?
Просмотров 2,1 тыс.6 лет назад
What Is A Revocable Living Trust?
Elder Law or Estate Planning? (What's The Difference?)
Просмотров 6 тыс.7 лет назад
Elder Law or Estate Planning? (What's The Difference?)
Trusts 101 - Estate Planning With Trusts
Просмотров 401 тыс.7 лет назад
Trusts 101 - Estate Planning With Trusts
How We Saved Jane $177,681.15 - Elder Law Attorney
Просмотров 4207 лет назад
How We Saved Jane $177,681.15 - Elder Law Attorney
Avoid Nursing Home Poverty + Spend Down
Просмотров 5 тыс.7 лет назад
Avoid Nursing Home Poverty Spend Down
What Is Long Term Care, And How Can Attorneys Help?
Просмотров 4219 лет назад
What Is Long Term Care, And How Can Attorneys Help?
Happy Holidays from The Family & Aging Law Center!
Просмотров 1249 лет назад
Happy Holidays from The Family & Aging Law Center!
Happy Thanksgiving - from the Family & Aging Law Center
Просмотров 659 лет назад
Happy Thanksgiving - from the Family & Aging Law Center
Who Needs Estate Planning? (You do!)
Просмотров 2809 лет назад
Who Needs Estate Planning? (You do!)
A Will Is Your Ticket Into Probate Court
Просмотров 3,2 тыс.9 лет назад
A Will Is Your Ticket Into Probate Court

Комментарии

  • @user-rr6ch6ec6p
    @user-rr6ch6ec6p 3 дня назад

    Well I arrived at this video by accident as I was investigating financial investment trusts but I've learned about another type of trust that I've been pondering for a while as I need to put something tangible in place before its too late, even just a simple will. I was unfortunately mesmerized throughout by the beautiful styling of this ladies hair, pure class. Hopefully I'll not be sued for saying that as I'll have no assets to put in my trust if that happens 😢

  • @nanettekita5857
    @nanettekita5857 Месяц назад

    Amazing video

  • @MohammadAyubKhan-jy3pg
    @MohammadAyubKhan-jy3pg Месяц назад

    Very good. Thanks

  • @doraray9964
    @doraray9964 Месяц назад

    Can a paralegal do your living trust?

    • @FamilyAgingLawCenter
      @FamilyAgingLawCenter 20 часов назад

      Only under the supervision of an active, licensed attorney in the state in which you reside.

  • @BvirtuallY
    @BvirtuallY Месяц назад

    I'm sorry-they DO PROVIDE ASSET PROTECTION TO YOU [TRUSTEE] DURING YOUR LIFE AND TO YOUR BENEFICIARY ON YOUR DEATH?❤

  • @Lizs.Tallent
    @Lizs.Tallent Месяц назад

    Thank you, I will be contacting you very soon.

  • @JudgeCommitee-ck5wq
    @JudgeCommitee-ck5wq 2 месяца назад

    This old man says we need Inheritance Administrations not Estate Planning.

  • @karenhenderson5476
    @karenhenderson5476 2 месяца назад

    Very informative...thank you!

  • @mehakus1195
    @mehakus1195 3 месяца назад

    Nice sharing your friend from USA 🇺🇸

  • @TalkingPoint773
    @TalkingPoint773 3 месяца назад

    Why do you keep saying "Okay"...and "Right" after everything you say? It shows you are not sure about what you say and talking down to the viewers, listen to your aggressive tone. Fix it up

  • @asadurrohman9206
    @asadurrohman9206 3 месяца назад

    Great video.😘😘

  • @asadurrohman9206
    @asadurrohman9206 3 месяца назад

    Excellent video. I love it😍😍😍

  • @user-ed7to3mi3r
    @user-ed7to3mi3r 4 месяца назад

    This lady May be aging but increasably attractive

  • @2brntb
    @2brntb 4 месяца назад

    Can we do one Revocable and one Irrevocable living trusts for different assets? For example, we put the house on a revocable and other 401k, retirement, and bank accounts on irrevocable. Thank you.

    • @FamilyAgingLawCenter
      @FamilyAgingLawCenter 3 месяца назад

      Yes, in fact, putting certain assets in a separate trust is a common strategy for many clients of ours. The strategy is highly dependent on multiple factors, however, so it is always important to get the right advice!

  • @JudgeCommitee-ck5wq
    @JudgeCommitee-ck5wq 4 месяца назад

    We tried this and a greedy trustee grantee beneficiary changed it with a dysmorphic criminal attorney to steal our home and put us on the street. While the estate planner who promised it would avoid a Litigation Quarter ran. Do please add millions of Traditional Law Model Arbiter Validation Fiduciary Security Legals. To rescue 188 million families from quit claim jumping equity elder abusing Inheritance and Legacy wealth transfer Trust Title Deed Thieves. We want to avoid document thieves with the counterfeit free New Law Model Goldberg Whoopi Bird Grantor Trust.

  • @2brntb
    @2brntb 4 месяца назад

    I like the part you explained the difference between Revocable and Irrevocable Trusts that entails important asset protection AFTER life and DURING life consecutively. Thank you!

  • @richardmcnally5998
    @richardmcnally5998 5 месяцев назад

    That was outstanding.

  • @jamesbrean8004
    @jamesbrean8004 5 месяцев назад

    I just got into estate planning and business I have a book on economics and took a class at community college

  • @donnapatacchiola6942
    @donnapatacchiola6942 5 месяцев назад

    Good points

  • @jrpeet
    @jrpeet 6 месяцев назад

    Helpful and appreciated

  • @Mis-AdventureCH
    @Mis-AdventureCH 7 месяцев назад

    Bang'n haircut.

  • @JudgeCommitee-ck5wq
    @JudgeCommitee-ck5wq 9 месяцев назад

    No, let us tell you what clients are concerned about you providing a hijack proof inheritance in April with a NICEP trained NICER approved hijack proof inheritance

  • @JudgeCommitee-ck5wq
    @JudgeCommitee-ck5wq 9 месяцев назад

    Could you please not worry about our power of attorney’s and get on a crine three Inheritance plan in April built by your clients to stop the Inheritance crime and people stealing our wealth in the last days of our life. Hospitals will take care of us here regardless of whether we have a power of attorney they are obligated to do it so stop telling us to get a durable power of attorney and start telling us to get a crime free inheritance. Please in April start transferring our inheritance is without the crime, and let the hospitals worry about the power of attorney’s

  • @JudgeCommitee-ck5wq
    @JudgeCommitee-ck5wq 9 месяцев назад

    The reason you are saying this is 10 years ago Ali new law Business Model said the same thing where she is learning today clients want a hijack proof inheritance in April supplied by the NICER AUP hijack proof inheritance people. We do not want you planning our estates we want you transferring them without the crime and fighting. So starting in April, clients will only except the NICER approved NICEP trained AUP crime free inheritance plan, so get a new phone without this iPhone that does not have good voice recognition maybe galaxy has better voice recognition will give it a try

  • @JudgeCommitee-ck5wq
    @JudgeCommitee-ck5wq 9 месяцев назад

    This old man says we don’t need Estate Planners we need Fiduciary Security Elder Law Advisors to avoid inheritance crime and fighting. We want to protect our minors avoid conservatorship and prepare medical directives when young, And plan to transfer, distribute and NICER peacekeeping settle our Administration around retirement time. Starting in July with upgraded distribution transfer and Peacekeeping settled Administrations. With arbiter advisors to validate and certify inheritance administrations. With advocates mentors coaches and Notary Trust Guardians in minimum teams of 5. On-call earning $500.00 each inheritance administration to witness free amendments and log successor client heir grantee beneficiaries in NICER Crime Interdiction Administration. With Forgery Proof Permission Validation Certification Living Trust inheritance and legacy wealth transfer.

  • @RichHernandezEnt
    @RichHernandezEnt 9 месяцев назад

    This was actually very helpful!

  • @kenrosenberg2485
    @kenrosenberg2485 9 месяцев назад

    Your advice about putting the trust as the beneficiary of a 401(k) is bad news. You realize that the 401(k) would have to be emptied and 100% of the balance would become ordinary income, right? Let's say the 401(k) balance is $1M. The guy dies and the $1M is now inside the trust. $1M in ordinary income is brought in and taxed accordingly. As a Financial Advisor for 20 years, I have been correcting clients who's lawyers told them to leave the trust as the beneficiary. But if left to his wife (as listed beneficiary), she could open an IRA and all $1M comes into her IRA without a penny of taxes in the moment.

    • @FamilyAgingLawCenter
      @FamilyAgingLawCenter 9 месяцев назад

      If a lawyer understands the risks and benefits and explains them to their client, and they choose to do it anyway (and by the way, many do) then it is not bad news. Also, it is possible to draft a trust as a qualified designated beneficiary under the IRS tax rules. This requires an advanced understanding of the LAW. While I appreciate you pointing these things out, this is a typical response by a financial advisor who doesn't understand all the legal issues involved in this decision. I know some lawyers don't understand how this works, either. If you are a lawyer and you don't understand it, you should. If you are a financial advisor and you don't understand it, you should. If you are giving advice without this understanding, you are most likely committing some form of malpractice.

  • @williammoopo9811
    @williammoopo9811 9 месяцев назад

    Thank you for your erabolete vidio, very benefitial to your audience

  • @karendunn7110
    @karendunn7110 9 месяцев назад

    Thank you.

  • @cedriclloyd5571
    @cedriclloyd5571 11 месяцев назад

    Very informative. Thank you

  • @loveall503
    @loveall503 Год назад

    Im 53 am I an elderly person ?

  • @loveall503
    @loveall503 Год назад

    Help

  • @loveall503
    @loveall503 Год назад

    ruclips.net/user/shorts-ZyKHeAHuW0?feature=share3

  • @smolville
    @smolville Год назад

    What the trust company will do is be really nice to the matriarch of the family and visit her. Than when she is on pain meds, they will offer to give control to a local college and the heirs get a pathetic payment plus they have to pay taxes on it.

  • @drizzleent3873
    @drizzleent3873 Год назад

    She is fine as hell🥰

  • @IlonaJosiane
    @IlonaJosiane Год назад

    Keep more videos like this coming please. The more in depth and detailed they are the more helpful they are.

  • @stratfindersmusic2875
    @stratfindersmusic2875 Год назад

    Good Lord woman, get to the point.

    • @JudgeCommitee-ck5wq
      @JudgeCommitee-ck5wq 2 месяца назад

      The point is in July Fiduciary Security Elder Law Inheritance Administration Advisors will install the forgery proof Permission validation certification Living Trust Crime Interdiction Notary Index Crime Enforcement Regulatory NICER Peacekeeping Settled Administrations.

  • @user-lz9sv7uo4y
    @user-lz9sv7uo4y Год назад

    Thank you so much for this! I really like how you went over everything that's not protected with beneficiary designations

  • @michaelgreenup4777
    @michaelgreenup4777 Год назад

    Thank you, call you in the near future.

  • @gracetruexbby
    @gracetruexbby Год назад

    This was such a great high level overview of the concept of a trust. Thank you for sharing.

  • @user-bq8cl6je6k
    @user-bq8cl6je6k Год назад

    I took notes, thank you for clarity on the basics of Trusts! No probate! I now can explain exactly what I want my rule book to say with the help of my lawyer. I am loving the idea of TRUST automatically shifting control for me and my spouse if we get sick or upon death. God bless you!

  • @protectingyourself4263
    @protectingyourself4263 Год назад

    Trusts can be the cause of long probate ordeals. For instance, we've seen corporate trustees who get fired, replaced, or reported, and who then file in probate and drag the couple or individual who set up the trust through probate until they die or are rendered insolvent. By filing litigation pretending to have concern for the couple, the corp trustee ended all possibility of being investigated by the CFPB, SEC, FDIC, FINRA, Senate committees and ALL government agencies since NONE will investigate those in litigation. In several such cases we know about, attorneys drained as much as 25% of estates and got guardians or conservators involved to revoke all POAs among family, so the family had no ability to make decisions over how much money was spent or who was hired to do home maintenance. We can see trustee quarterly statements paying out $250 each time a lawn was mowed whereas the family was being charged only $50 for the lawn when they had the right to hire someone. And you're wrong if you think the $250 crew did more or did it better.

  • @ShahzainAli-tl8sk
    @ShahzainAli-tl8sk Год назад

    Usually, I never comment on videos, but your video is so convincing that I become unable to stop myself from doing something about it. You’re doing a great job Man, Keep it up.

  • @DAH-ss1nu
    @DAH-ss1nu Год назад

    Horribly incomplete, didnt mention 'pour over' wills to fund the trust or converting the revocable trust to a irrevocable upon death. Information is worse than useless because its misleading.

  • @honeyb5217
    @honeyb5217 Год назад

    Excellent easy to understand presentation. Thank you.

  • @EC4400
    @EC4400 Год назад

    Very informative. Thank you.

  • @jamesmidday2167
    @jamesmidday2167 Год назад

    Thank you!

  • @Bmywudt2
    @Bmywudt2 Год назад

    What identification will the bank require if an individual is the a trustee of a trust?

  • @arkadandfortuna1582
    @arkadandfortuna1582 Год назад

    Is there a video that illustrates how to fund the fishbowl? With examples? Still somewhat confusing

  • @susietran4749
    @susietran4749 Год назад

    I'm lives in State of California , I would like to purchase Trust 101 please