If your parents died tomorrow with a $500K house, what would you inherit after probate and taxes?
Most families lose $20K-$150K+ to probate and taxes. 87% of families go through this. Your parents could be next. The craziest part? It's 100% avoidable with 2 hours of planning.
It's here! The master guide on exactly how to put your house into your trust. This tutorial leaves out nothing. Every step including nuances that are easily glossed over.
Why your TRUST and NOT your child should be the beneficiary of your life insurance policy
Because your child will probably blow it all in 2 years.
According to a National Endowment for Financial Education study, 70% of people who receive a financial windfall lose it within a few years.
A real scenario: Consider a $1 million life insurance policy payable to a 25-year-old child.
Research on lottery winners and sudden wealth recipients shows that individuals without financial experience typically exhaust large sums within 1-2 years.
Create a spendthrift trust instead. Make the trust the beneficiary. When you pass, death benefit goes to the trust.
This means you control distribution timing and amounts. Rather than a $1 million lump sum, you can structure monthly payments—perhaps $10,000 monthly—providing financial security without the destruction that often accompanies sudden wealth.
A real case study: We recently consulted with an 80-year-old client (we'll call her Lucy) whose adult daughter struggles with alcoholism. Lucy's daughter and son-in-law both suffer from alcohol addiction, and their children are growing up in that destructive environment.
Lucy didn't want to disinherit her daughter, but she also wouldn't enable her addiction.
The solution: Her trust will specify that her daughter receives no inheritance until she maintains verifiable sobriety—monthly testing showing no alcohol use—for 24 consecutive months.
After meeting this condition, distributions occur gradually over time.
This approach creates powerful incentive for recovery while protecting both the inheritance and the daughter's wellbeing. This is the customization power of properly structured trusts.
Probate court is the government's plan. Revocable living trust is your plan. If you fail to plan, your family and estate will be subjected to the government's plan.
What's stopping you from setting up your estate plan? Did you know 55% of Americans have NO estate plan at all? Even scarier—probate can cost your family up to 10% of your estate and take 6 months to 2 years.
One family we spoke with lost $12,000 to probate just because they had a will but no trust.
What's holding YOU back from protecting your family? Vote and let me know in the comments what questions you have about estate planning. I read every single one and your question might become our next video! 🎯
Enduring Legacy Mentors
If your parents died tomorrow with a $500K house, what would you inherit after probate and taxes?
Most families lose $20K-$150K+ to probate and taxes.
87% of families go through this. Your parents could be next.
The craziest part? It's 100% avoidable with 2 hours of planning.
1 week ago | [YT] | 0
View 0 replies
Enduring Legacy Mentors
If you died tomorrow, would your house go to your family or to probate court?
1 week ago | [YT] | 2
View 1 reply
Enduring Legacy Mentors
It's here! The master guide on exactly how to put your house into your trust. This tutorial leaves out nothing. Every step including nuances that are easily glossed over.
1 week ago | [YT] | 0
View 0 replies
Enduring Legacy Mentors
When you die, what scares you most about what your family will face?
2 weeks ago | [YT] | 1
View 0 replies
Enduring Legacy Mentors
Why your TRUST and NOT your child should be the beneficiary of your life insurance policy
Because your child will probably blow it all in 2 years.
According to a National Endowment for Financial Education study, 70% of people who receive a financial windfall lose it within a few years.
A real scenario: Consider a $1 million life insurance policy payable to a 25-year-old child.
Research on lottery winners and sudden wealth recipients shows that individuals without financial experience typically exhaust large sums within 1-2 years.
Create a spendthrift trust instead. Make the trust the beneficiary. When you pass, death benefit goes to the trust.
This means you control distribution timing and amounts. Rather than a $1 million lump sum, you can structure monthly payments—perhaps $10,000 monthly—providing financial security without the destruction that often accompanies sudden wealth.
A real case study: We recently consulted with an 80-year-old client (we'll call her Lucy) whose adult daughter struggles with alcoholism. Lucy's daughter and son-in-law both suffer from alcohol addiction, and their children are growing up in that destructive environment.
Lucy didn't want to disinherit her daughter, but she also wouldn't enable her addiction.
The solution: Her trust will specify that her daughter receives no inheritance until she maintains verifiable sobriety—monthly testing showing no alcohol use—for 24 consecutive months.
After meeting this condition, distributions occur gradually over time.
This approach creates powerful incentive for recovery while protecting both the inheritance and the daughter's wellbeing. This is the customization power of properly structured trusts.
2 weeks ago | [YT] | 1
View 0 replies
Enduring Legacy Mentors
If you have a child with disabilities, what worries you most about their future?
1 month ago | [YT] | 1
View 0 replies
Enduring Legacy Mentors
Probate court is the government's plan.
Revocable living trust is your plan.
If you fail to plan, your family and estate will be subjected to the government's plan.
1 month ago | [YT] | 1
View 0 replies
Enduring Legacy Mentors
What's stopping you from setting up your estate plan? Did you know 55% of Americans have NO estate plan at all? Even scarier—probate can cost your family up to 10% of your estate and take 6 months to 2 years.
One family we spoke with lost $12,000 to probate just because they had a will but no trust.
What's holding YOU back from protecting your family? Vote and let me know in the comments what questions you have about estate planning. I read every single one and your question might become our next video! 🎯
1 month ago | [YT] | 1
View 0 replies
Enduring Legacy Mentors
What scares you most about estate planning?
1 month ago | [YT] | 0
View 0 replies
Enduring Legacy Mentors
⏰ 48 HOURS ⏰
New video drops and it's going to make you uncomfortable.
"Plan Your Future...Or the Government Will Do It for You"
87% of families end up in probate court. Even the ones who think they're protected.
Are you one of them?
Find out Thursday. Click "Notify me" 👇
1 month ago | [YT] | 0
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