THIS SEMINAR HAS BEEN UPDATED WITH THE “LIVING TRUST WEBINAR: INHERITANCE PLANNING FOR YOU AND YOUR FAMILY,” AVAILABLE ON THIS CHANNEL.
An online seminar for California residents that outlines the various planning options available for estate planning,
incapacity planning, and planning for the transfer of family wealth. The presentation discusses the effects of no planning, planning using a Will only, using beneficiary designations, using joint tenancy ownership, and the use of living trust planning. Discusses Probate in California, including the costs, time delays, and public nature….(read more)
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The Living Trust Seminar – Inheritance Planning for You and Your Family in 2014 and Beyond
In today’s ever-changing world, it is essential to plan for the future and ensure the well-being of our loved ones. One crucial aspect of this planning is inheritance planning, which involves creating a living trust. To shed light on this topic, a seminar aptly called “The Living Trust Seminar – Inheritance Planning for You and Your Family in 2014 and Beyond” was held.
The seminar aimed to educate individuals and families about the importance of creating a living trust and how it can protect their assets and ensure a smooth transfer of wealth to the next generation. Attendees learned about various aspects of inheritance planning, including trusts, wills, and probate.
The seminar began with an overview of living trusts and their benefits. Unlike a will, a living trust allows assets to be managed and distributed without the need for probate court. This not only saves time and money but also maintains privacy for the family. Moreover, living trusts provide flexibility and control, enabling individuals to outline specific terms on how their assets would be handled in various scenarios.
Expert speakers delved into the various types of living trusts, such as revocable and irrevocable trusts, and explained when each is most suitable. They stressed the importance of customizing trust documents to meet specific needs, taking into consideration individual and familial circumstances.
Legal experts presented case studies that highlighted how living trusts had protected families from lengthy probate battles and disputes over assets. They also emphasized how a living trust can help reduce estate taxes, ensuring that the maximum amount of assets is passed down to loved ones.
Additionally, the seminar touched upon healthcare planning and powers of attorney, providing attendees with insights into how these elements integrate into the broader scope of inheritance planning. Participants were encouraged to review and update their estate plans regularly and appoint trusted individuals to make financial and healthcare decisions on their behalf in case of incapacity.
Throughout the seminar, attendees had opportunities to interact with the speakers and ask questions, making the session highly informative and engaging. The speakers demonstrated their expertise by addressing complex topics in a manner that was easy to understand for individuals without legal backgrounds.
In conclusion, “The Living Trust Seminar – Inheritance Planning for You and Your Family in 2014 and Beyond” served as an invaluable resource for individuals and families seeking guidance in protecting their wealth and ensuring a smooth transfer of assets to future generations. By shedding light on the benefits and intricacies of living trusts, the seminar empowered attendees to make informed decisions about their inheritance planning, offering a sense of security in an unpredictable world.
well done.
I watched this video to help me update my book the ABA’s“Wills and Estate Administration” abook from the American Bar Association. My staff implemented many of the ideas to improve our service to clients.
ABA’s book “Wills and Estate Administration”
By Kenneth Vercammen, Esq.
Straightforward and to-the-point, Wills and Estate Administration provides step-by-step guidance that firms can use to handle all aspects of an estates practice, from initial client intake to closing the file. Topics are defined in six parts for ease of use:
Preparation for Wills/Estate Planning Interviews
Interviewing Clients
Additional Estate Planning Issues
Estate Administration
Guardianship of Disabled or Incompetent Parents
Marketing Your Wills and Estate Administration Practice
Making this an essential resource for solo and small firm practitioners, the author includes numerous forms for each topic, and they are also available for download online. The book is basic and written to help new and transitional attorneys. In addition, tips on practice management will help seasoned attorneys.
Sponsor:Solo, Small Firm and General Practice Division
Publisher:American Bar Association ABA Book Publishing
List Price: $79.95
ABA Price:$69.95
ISBN: 978-1-63425-380-2
Product Code: 5150484
2015, 290 pages, 7 x 10, Paperback
http://shop.americanbar.org/eBus/Store/ProductDetails.aspx?productId=224827061
American Bar Association Service Hotline 800-285-2221312-988-5000
Sample chapter available http://shop.americanbar.org
"Have just finished Ken Vercammen's excellent book on Wills, Estate Administration, and Guardianship. It is a very practical book that examines the business of an estate and trust practice. This step-by-step analysis is complete with forms and helps even the seasoned practitioner streamline his practice."
-Thomas D. Begley, Jr., Esq., Begley Law Office, NJ
Excellent presentation.
q tip something you stick in your ear
tod account transfer on death
title 11
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they are
in the state of washington they rcw 11 state legislation
Thanks for this video.
This seminar is from 4 years ago, but aside from some numbers changing, the basic principles remain the same. Enjoy, and feel free to contact me directly at rpb@lawbob.com if you have questions or comments.
Thank you very much.
I enjoyed your video very much. It was very educational and easy to understand. However I did not get a direct answer to my situation, since it is different from what was discussed in the video. If possible, could you pls be kind enough to answer to my question: an 93 yr old friend wants me to become the executor and beneficiary of her will. Her family refused to be involved in this. They don't talk to her and live in different states. Basically she is left alone with no attention or love. She doesn't have her own house. She has a bank account ($30,000.00), a car, and personal property such as furniture, china, etc. She doesn't have credit card debts. Her burial expenses are paid and arranged. I really would like to help her, but I don't know what I am getting myself into. I am afraid that later the family will contest. Should she prepare a trust instead of will? Will that be protection for me? Are there any other issue that can arise from this situation? We live in Bay Area, CA. Thank you very much in advance.
my mom wants to make me executor of a living revocable trust for my sister and i. she wants me to have control over my sisters half of the money so my sisters husband doesnt get his hands on the money. are we able to set it up so i can feed my sister the money at my discretion and at any length of time as i see fit
I'm glad that so many people are having the opportunity to view this seminar. I had no idea it would be so successful. I plan on doing an updated version of the seminar in the next couple of months, that will be available on my YouTube channel when it is completed.
My "Retirement Trust Seminar" is available at my Youtube channel. Take a look!
Wondering if you can will or do a living trust for property that will go to a non family member and if living family can contest it.
YES YOU NEED AN HONEST LAWYER,,,,PLEASE WATCH MY VIDEO. DONT LET THIS HAPPEN TO YOU.
Thank you Bob, for this very informative and well presented video!
Thank you for respondimg, Bob. I'll do as you have suggested. Maybe you can answer a couple of general questions. Is there any info about a Pure Trust? We had a "trustmaker" suggest a Pure Trust for level one, then attach below tgat a Holding trust, & below that a Working or Financial trust (his terms). on the Pure Trust had a friend ad Creator, another friend of our choice as Exchanger Trustee, & himself as the other Trustee. our grown children are the beneficiaries. We are not named anywhere in the trust. (That caused us to feel alarmed.) He instructed us to assign the other trusts in to the trust above, & we are trustees on both of them. Does that ultimately give him control of all of our assets including bank accounts in the level 3 trust? We're very uneasy about the set-up because we don't understand the legalities of trusts & who owns them. I was hoping this was not a state-specific question that you might be able to answer. Thank you.
This was very informative and answered several questions that I have not been able to find the answer anywhere else. Thank you, Bob. Wondering if you can help folks in other states besides CA with estate planning? Excellent!
If you wish to contact me with your estate planning question or to get more information about the legal services I offer, please feel free to use this link https://my287.infusionsoft.com/app/form/contact-my-office
I am working on a new presentation on estate planning for retirement plan assets. I am currently offering this seminar in my office, and when it is refined, I will be posting an online version on my Youtube channel Robert P Bergman Law Offices. Consider subscribing to my channel so you can be informed when this new seminar is available.
I watched this video to help me update my book the ABA’s “Wills and Estate Administration” a book from the American Bar Association. My staff implemented many of Bob's ideas to improve our service to clients.
ABA books are available at shop.americanbar.org/ebus/store.aspx
ABA Service Hotline800-285-2221
Marketing is essential to the growth of an Estate Planning law office There are many low-cost and no-cost opportunities that exist. The ABA book Smart Marketing and the Small Firm Lawyer explores today’s marketing landscape and outlines its many facets for you in concise and easy to understand terms
Smart Marketing and the Small Firm Lawyer
List Price: $59.95 Author(s): Kenneth A Vercammen Sponsor(s): Solo, Small Firm and General Practice Division Publisher(s): ABA Book Publishing ISBN: 978-1-62722-484-0 Product Code: 5150468 2014, 156 Pages, 7 x 10
Smart Marketing for the Small Firm Lawyer Order details: http://shop.americanbar.org/eBus/Store/ProductDetails.aspx?productId=214498
WANT TO ENGAGE MY SERVICES TO DO YOUR ESTATE PLANNING? I am able to assist you if you are a resident of California.
My office is in San Jose, and I have clients located in about a 70 miles radius. If you are in another part of the State and wish to use me to draft your living trust based estate plan, it is possible to do that by consulting with me through WebEx. We can conduct all meetings online or by telephone, I can provide drafts of documents, and then when everything is ready for signing, ship those documents to you with instructions on getting them executed properly.
If you are interested in consulting with me on living trust planning, please email me directly at rpb@lawbob.com with your request. We can then set up a time for you to consult through WebEx or similar service. Before our meeting, I would have you complete and return back to me a Consultation Packet of information so that we can have a meaningful meeting. If you choose to engage my services, there would be further instructions on getting started.
My fees for first level (i.e. living trust) estate planning range from $4000 to $6500 for an individual, $5000 to $7500 for a married couple, and $6000 to $8500 for an unmarried couple (including registered domestic partners) who wish to coordinate planning. Charges for preparation of deeds, etc. are extra.
I have podcasts on various other estate planning topics at Robert P. Bergman Law Offices, https://www.youtube.com/channel/UCPzPhdhMgAzq-twjBjtWZdQ
Great video, for viewers in Oklahoma check out. https://youtu.be/e7YqYF5J2hY
This is all invaluable information on trusts and probate, for those leaving inheritance assets and liquid shares, and for those who will receive an inheritance in trust or probate. You have to have an experienced lawyer help you with a probate or a trust. Don't ever try to go it alone! Trust me! As this experienced attorney says, probate takes a year to 2 years in CA due to budget cuts, but it takes 15-
18 months in general or on average pretty much everywhere these days. This brings attention to a common problem heirs of probates and beneficiaries of trusts frequently face –namely a very long wait to access their inheritance. So heirs or beneficiaries that don't want to wait a year or two to get their inheritance have an option that is becoming quite popular.I'm referring to inheritance loans, probate loans or trust fund loans. This is a secure, fast way to get an advance on an inheritance in probate or trust, usually 2 to 3 days after paperwork has been received by the inheritance loan firm.
The trick is to identify a firm you feel comfortable with — there are several inheritance loan companies that provide trust inheritance loans and probate loans. Back in 2009, my wife and I inherited cash from her mom who passed away after a long illness — we searched online, on Google, for inheritance advance companies and identified three established inheritance loan firms we liked, who specialized in inheritance advances for heirs of probates and trusts. We liked the look and speed and safety of the probate loans and trust fund cash advances at http://www.inheritanceadvance.com — and we liked their content. We liked http://www.inheritancenow.com, and we liked the look of http://www.heiradvance.com, and their free Probate Timeline. All three offered inheritance loans without interest or monthly payments to deal with. Their inheritance loans had no up-front costs, and their terms were reasonable and fast. Intestate didn't matter, and credit or employment status wasn't a major deal to worry about. 20+ years offering these inheritance loans indicated that we could trust they knew what they were doing, and they did. We didn't know probate loans were so easy to deal with, and we never dreamed inheritance loans in California were so incredibly fast, 3 days is all it took for us.
For more information about estate planning topics, listen to my new radio show, "LAWBOB RADIO," on KFAX 1100 AM in the San Francisco Bay Area. Also available on the iHeart Radio app, my show broadcasts from 10:30 am to 11:00 am on Saturday mornings. Visit my show website at http://www.lawbobradio.com to download podcasts of my broadcasts, along with an interview I had with talk show host Craig Roberts, host of "Life!Line " on KFAX.
You may download the Powerpoint Slides note pages for this presentation by using this link:
https://dl.dropboxusercontent.com/u/12912923/THE%20LIVING%20TRUST%20SEMINAR.pdf
My free estate planning brochure, "California Consumer Guide to Wills, Living Trusts and Estate Planning" can be downloaded by using this link:
https://dl.dropboxusercontent.com/u/12912923/Brochure%20-%20California%20Consumer%20Guide%20to%20Wills%2C%20Livings%20Trusts%20%26%20Estate%20Planning.pdf
This is attorney Robert Bergman. I practice in San Jose, California. For more information, please visit my website at http://www.lawbob.com.