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Should I buy investment trusts?
This certainly is beneficial to some folks. While I shy away from that because I want to control my own assets. Over the years, I’ve learned how to be your own trust.
I’d like to show you what to do and how to do it.
How do trusts actually work?
This is a really great question. What happens with a trust, is that this is a contract. It states all the details about the relationship and how it will work.
Typically it relates to taking assets then putting them in the hands of someone else under contract that they should do what the contract says.
This is a wonderful way to keep it out of the courthouse.
The question today is how to register trusts.
To register, you will basically be registering the assets to the name of the trust. This can be done in the courthouse of the county where the trust resides.
But, there is a far better way to do this. Watch now to learn more!
One of the questions people ask me is how much are trusts taxed?
This is a vital question and there are actually several answers depending on the state of where you reside. I discuss the different factors that affect this question. Watch now and learn about it along with how you can protect yourself and your family.
I’ve been asked, how much interest do trusts earn?
This is a very interesting question because whatever assets the trust has, might be in a bank account. It could earn interest depending on how much the bank would want to pay.
But did you know, most trusts can actually invest? Learn more about this and how to use trusts to purchase assets and earn income for the rest of your life!
I discuss the different factors that affect the cost of a living trust. It can start from $499 depending on your situation and needs. Watch to find out more about this and my best solution in doing one!
https://maximumassetshield.com/book/
Create Privacy
Avoid Probate
Protect Everything
https://maximumassetshield.com/book/
Create Privacy
Avoid Probate
Protect Everything
https://maximumassetshield.com/book/
Create Privacy
Avoid Probate
Protect Everything
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Call 1-800-578-8580
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Hi! It’s Lou Brown. I’m back with another answer. How many trusts can I have? Well, the answer is, as many as you want. You could have one trust and in that trust could be everything you own. Now that could present a problem because you’ve put all of your eggs in one basket. Now, my favorite trust, that’s called the Land Trusts. The Land Trusts allows you to name the trust anything you choose. And because it’s so easy to establish and so easy to create and so easy to operate as well, then it makes a lot of sense to take each asset and put it in it’s own trust. Now, Land Trusts is for real estate. So let’s say you had 10 properties. You’d put each property in its own trust. Now there’s another companion to the Land Trust and that is the Personal Property Trusts.
So Personal Property Trusts is for everything else in your life. Stocks, bonds, mutual funds, bank accounts, CDs, Cdos, mobile homes, motor homes, gun collections, coin collections, literally everything else in your life that’s not real estate can go into a Personal Property Trusts. Or again, you can have individual trust for each asset. You could also have separate beneficiaries of each asset. So therefore you would be dividing your estate during your lifetime. So because of the fact that you’ve divided your estate, and you’ve said who you want your successor beneficiary to be, you would be the primary beneficiary. And then they would be the successor beneficiary. Literally the assets would be passing to the respective heirs without them having to have a conversation about it after your death. So that’s a marvelous way that you can eliminate family squabbles and challenges after you pass away.
Well, hopefully this has been helpful to you. I do have a four day event. It’s called MaximumAssetShield.com and you’re able to go and find out more about that four day live training, where we’re in class together. You actually bring a deed with you to class, and we actually do everything necessary to transfer your properties, your assets into trust. So certainly something that would be entertaining for you and very beneficial financially to be able to do as well. Now, also there’s a home study course. You can find out more about that at MaximumAssetShield.com. Hope to see you soon. Yeah, baby!
How Many Discretionary Trusts Can I Have?
The best kind of discretion you can have, you want to be able to have control over those various assets using this thing called land trust and personal property trust.
Continue Reading How Many Discretionary Trusts Can I Have #17
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