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A simpler solution is a revocable life estate or what is known as a transfer on death deed aka a ladybird deed. You pass, the person named on the deed takes the death certificate into the county property office and the deed is transferred to the heir(s). Not available in all States. Much cheaper and nothing further needed.

great hous!

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bad idea. very bad. just changing the name on the deed would force my unrealized gains to be taxed.....

Trust and US Real Estate are two things that just don't go together. The sub-prime shafters all got off Scot-free and screwed many people's lives, until that gets the justice it deserves then no face full of crocodile teeth will convince me.

What about holding property in trust within an LLC? As I understand it, an LLC avoids having to deal with any claims by creditors or anyone else suing perhaps due to a car accident (when damages exceeded liability insurance limits) or a slip, trip, or fall on the property.

Awesome video man!

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In PA a trust still has to go through probate!

1st

In this lawless interlude if somebody in power wants your property they’ll just take it.

Can you represent both buyer and seller ??

Good morning the Estate Trust is used to steal our homes and put us on the street so we will hire you to install the Notary Index Crime Enforcement Regulatory NICER Forgery Proof Inheritance Living Trust. To use permission validation ledgers to avoid crimes. Why is the ABA and Business Practices allowing criminals to practice law without a license with DIY legal documents? And why do they not recognize Fiduciary Security Allied Legal Professionals who Arbiter Validate Inheritances Administrations with Government Financial Crime Enforcement Network FinCEN and civilian NICER Permission Validation Ledgers Crime Interdiction Administration?

Hey Dave I've just seen your Page And you are doing really well. I wanted to reach out to you because We help Real estate Agents like you to scale more in your Business And Get More High Quality Calls And Appointments For Your Services I would love to show my Plan . Are you up for a Quick 15 min Call this week? Is this Something you are looking Up for right now in your Business? Cheers!

I have a squatter sue me on my property

And the real estate agent gets his fee for the sale. Slight conflict of interest. Should be explained up front by honest individuals.

O can u. Pleaser please help me my uncle is serving me a quit claim deed

Question: me and my husband have a revocable living trust; it has our house, bank accounts, etc. in it. Our adult children have decided they don't want to sell the house... instead, they want to continue to own it and rent it out. Can they keep ownership of the house? (We live in AZ)

Wish I had seen this last year before talking with a different realtor within Keller's network who told me to pack up and move to an airBnB.

i recently placed a rental property in a trust, and made an LLC the beneficiary. i attempted to get insurance on the property and the insurance company is asking to see the trust document. my understanding is trust documents are private and not to be shown to anyone. should i allow the insurance company to see the trust?

Did the parents “suddenly pass away“ or did they conveniently pass away?

Very good information thank you 😊

Question for you, what if the beneficiaries of the property don't want to sell the property?

Based on y’a teeth. I ain’t buying it

Hey Dave, very glad i watched your vid. My mother put her home in a Trust for me. My wife and I moved in about a year ago bcuz my mother in now in her 80's. This is our only residence and we plan on continuing to live here. I'm just concerned that, when she passes, i'll miss smthng and possibly lose our only dwelling. What do i do when that time comes. We're in L.A. county. Thanks.

Good Info! But I soooo don't trust this dude....

It’s not helpful for price negotiation to insist to the seller and agent that you want to purchase anonymously because immediately they’ll think that you’re a big-shot with a lot of money… And that could make negotiation difficult because then they’ll think you can afford a higher price and a higher price and a higher price….

What if you’re not looking to sell it. What is a parent does a quick change of deed and puts the house under the child’s name. Then the parent passes away, what happens next? Does the child have to pay appreciation because the house went up in value how does that work? Should the parents still put the house in a trust even though they put it under the child’s name as well?

Don't I wish I had money 🤑!!

Felicidades, es un buen ejemplo. 450 sentadillas son unos LIKESEX.Uno muchas y un buen ejercicio. Se deja ver que hay muy buenos resultados 😍👍 Saludos desde la Cd.. de world 🌹😉💖 los mortalesb abian apreciado tan hermosa mujer.k

if you get rid of all the contingencies in the offer stage, what protections do you have left as a buyer then? Sounds quite risky.

Thank you. Great information and just in time!

Good stuff Brotha 👊🏼

Solar usally comes with warranty. Yes they have panel degregation but value actually increases over time. Why? Because your paying down the loan and if you wish to sell or cover it as price of the home, you dont owe as much back and the entire time locked in rates and protected from future inflation. Yes you can transfer both loan and lease. And lease after the fifth year has option to purchase. Lets connect let me educate you as i am a green realtor who sells solar full time

I live in Las Vegas and they say I can only get a trust in Las Vegas is that true

I live in Texas, am the sole owner of my house which I paid off in 1998. I enjoy reduced and fixed Real Estate taxes due to my old age and have a permanently disabled son who lives with me. I've heard of a "Lifetime Estate" which would supposedly avoid probate. Any truth to that? Also, what about my son being able to take advantage of lower taxes due to his disability upon my death?

drop the makeup whoever did it (gf?) doesn't know how to work on anyone else... sorry bud.

I am a widow. I have less than 10 thousand dollars. I get a va pension. I own a home it is mortgaged. I own a car almost paid for. I want everything upon my death to go to a grandson I raised. Nothing to my two grown children. My nephew is on my bank acct. I paying on a 3000 cd. My grandson knows I want no funeral. A direct cremate. Then he can call the military cenetary so that of he wishes can have my ashes buried next to my grandson and his wife. I want everything I now have my car my home and what little money I have to go to my grandson. Can I just write that on paper and sign it. I have two children at this point living. But only have contact with the one grandson. My nephew can get what little money out of my checking acct. And give to my grandson. And hopefully I live long enough to pay the cd that I am only allowed to put 3 grand in. I have no insurace no sticks or bonds. But do not want my two grown children to inherit anything. Can I just write that down and give to him. No reason my little house and my car I want him to have and any money. I am in illnois

avoid probate = have a will don't bother with complicate nonsense

Dr. Dave heals your real estate wounds 😉

So, is a "Trust" just a case of the government dropping their "tax ball"? Seems too good to be true.

Very informative! Thanks!

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If your house in the trust, still has a mortgage payment when you pass, must the person you leave the house to continue your mortgage payment or must they sell or refinance house upon your passing?

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How is the distributed income from the DST taxed?

I'm in Michigan and my lawyer told me that it's hard getting a relative out of the house of a deceased loved one because it's covid - 19 season, sort of speak.

What is a “put”? I think the housing market will fall, can I short my house by using a put? And buy it back later?

You are a bit mistaken on the added value of solar for a home. Yes in the instance of your leased example. But everybody ends up saving money. And all buyers want to save money. If your home has Sunpower equipment the new homers will benefit from a 25 year warranty. And Sunpower has the lowest degradation rate, panels perform at 92% after 25 years. newscenter.lbl.gov/2015/01/13/berkeley-lab-illuminates-price-premiums-u-s-solar-home-sales/

Brooke Horton and his Family lived there in the '70s it's amazing seeing a home I played in when I was a little kid.