Description
Again guys we are not lawyers. We just wanted to share what we learned this past year so you don't have to suffer like we did when the inevitable time comes. We will not be mentioning anything too personal as many are involved but just things we would of done differently if we knew better earlier.
Some will argue that making a revocable living trust isn’t worth it if you don’t have X amount of assets or don’t have kids. But it’s still worth it to avoid probate for your loved ones.
Only reason i see to not make a trust is if you live on top of a mountain and have 0 loved ones which is quite rare.
If you have a house or money in your bank or any assets you want to give to loved ones after you pass, id recommend making a revocable living trust. To protect your loved ones from the pain of probate.
If i lived in The USA, i’d make a trust even if i’m just 28, single and without kids. Because there is no way i’d want my loved ones to have to go through probate. Trust me guys, it’s a horrible process. You don’t want to have to deal with legal stuff after you lose someone you love. That time should be for you to heal.
So instead of having your loved ones deal with probate after you pass which could last more than a year, make a revocable living trust so loved ones only need to deal with the paper work for a week or two.
Again, we are not lawyers so please seek legal help if you need it. We just wanted to share this just in case it helps even just one person.
Sending my love out to you and i wish you all the best.
xoxo,
Maria
timestamps:
00:00 Intro
00:40 What is probate?
01:09 Why we went through probate
02:00 How to avoid probate
02:35 Revocable living trust
04:31 Trusts prevent family drama
06:20 trust process is much shorter
08:16 Another way to prevent probate
09:12 Still make a will
11:58 Why Trusts are cheaper to make
12:49 How to choose a lawyer
14:07 Why trusts are important
15:47 Trusts protects women
18:54 Why trusts protects loved ones
22:12 Trusts are private unlike probate
24:23 Probate can take 12 years and more
24:50 Why probate is traumatic
26:31 Move to Denmark lol
26:29 probate ruins family
30:00 Why we are making this video
31:51 Probate will ruin your health
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