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What is a living trust, and how does it work? Clint Coons, Esq. will be going over the various factors that make up a living trust and its function in estate planning. We'll also discuss the advantages and disadvantages of a living trust, and provide examples of how a living trust might be used.

"Why do I need a living trust?" 0:14

Living trusts are simple yet complicated pieces of paper that many find themselves stumbling over. A living trust is a legal document that allows you to transfer ownership of your property to yourself as a trustee. This means that instead of directly owning your assets, they’re held by an entity that legally belongs to you but can’t be easily accessed by creditors or others who might claim ownership.

If you're interested in learning more about living trusts, be sure to watch this video until the end! We'll explain everything you need to know about this vital estate planning tool and answer any questions you have about this type of trust.

Did you enjoy the video? Those who benefit from this form of content should definitely consider subscribing to the channel. We appreciate everyone who takes the time to watch our content and make up our community.

Anyone who has questions about what we go over in the video or would like to learn more about estate planning, be sure to check out our website. We’re here to help you with any questions or concerns you have regarding the subject matter we covered in this video.

Thank you, and good luck with your living trusts!

Show Notes:
0:00 Intro
0:12 Why Do You Need A Living Trust?
4:20 How Does a Living Trust Work?
7:30 Assets with Example
9:46 Successor Trustees
13:01 Outro

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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.


The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorneyclient relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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