The Essential Reasons To Get Real Estate Inside A Trust
Passing It On: Estate Planning for Families · Michael Pevney
December 18, 20231m 53s
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Show Notes
Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com Putting real estate inside of a living trust is so important for the following reasons. First, it keeps your home out of probate. Depending on the state you live in probate, can be very expensive in time consuming. Where I live, in California, and often takes up to two years to get your home through probate and costs around $50,000. That $50,000 could have gone to your kids, other beneficiaries, or charities. Instead, it gets eaten up by lawyers in the Court system. The much better solution, put that house in the living. Trust and make sure it gets distributed to your beneficiaries in the way that you wanted it to. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty