	How to Prepare for the Death of a Loved One
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Legal Questions : How Does a Living Trust Work? Video

The idea of a living trust is that, while a person is still alive, they transfer their assets into a trust document that administers the assets. Avoid probate through a living trust with help from a certified civil mediator in this free video on law and legal questions.

Expert: Robert Todd
Bio: Robert Todd is the managing partner and president of Robert M. Todd, P.A. and Family Law Solutions.
Filmmaker: Christopher Rokosz

Comments on "Legal Questions : How Does a Living Trust Work?"

Peggy didn't like ...
Peggy didn't like what her father did,? so she sued her father's Estate, so she could go buy a new travel trailer & drink & smoke it up. They money that could have taken care of her 4 life, will be dwindled away. The lawyers don't care. It's a pay check 4 them. When Peggy runs out of money, or she get's sick, she will have no family members 2 come back 2. She destroyed any relation she had with her brother & his family. So, get your estate planing done when U R young & N U'r right mind.

My father-N-law, ...
My father-N-law, did nothing with his Estate, until it was 2 late. His physcopath daughter (Peggy) sued her only brother & told horrible lies about him. She cost the estate $230K, N taxes & lawyer fees. We were forced 2 seattle in Mediation. If we'd have tried 2 defend the Estate, it would have taken another $150K to gone 2 trial. All the father did was 2 set her up a "Income Producing Trust"? 4 the rest of her life, then becuz she had no children it transfer back 2 blood linage.

Their could also be ...
Their could also be Tax advantages also. You could avoid Estate Taxes doing it this way. 2009 you can have? up to 3.5 million. 2010 you can die & have any amount of money. Democrats R going 2 take that away. This was a George Bush arrangement with the Democrats in Congress. They fought him tooth & nail on this.

GOOD ADVICE!!! ...
GOOD ADVICE!!! Parents don't want 2 believe that one of their children will "Rise 2 the Occassion". it's called, & sue their parents estate, along? with the Excecutor. This could cost the one child you do trust, 3-4 years of their lives to fight the 'black sheep', when all U were trying 2 do was take care of the 'black sheep.' These cases R the new "Ambulence Chasers" 4 lawyers.



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