Why a Living Trust?
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LORAL LANGEMEIER Author of The Millionaire Maker best-selling book series 1 Trust Protection with Steven W. Allen, J.D.
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Steven W. Allen, J.D explains why you should have a Living Trust
Transcript of Why a Living Trust?
1
Trust Protectionwith
Steven W. Allen, J.D.
You can’t take it with you, so how will you leave it behind?2
WHAT HAPPENS TO MY BUSINESS WHEN I DIE?
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Ownership in your LLC =
Personal Property
(must be transferred to your heirs upon your death)
BUSINESS OWNERSHIP
4
Time
Public Probate
Cost
A WILL
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REVOCABLE LIVING TRUST
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Probate
Time
Public
Cost
A LIVING TRUST
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What if your partner does
not have a living trust?
What happens then?
LIVING TRUST
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How a Living Trust works
www.EstatePlanningDr.com/video
WATCH THE VIDEO
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ACCOUNTABILITY