How To Put Assets Into A Trust (Living Trust And Land Trusts)

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In this video, I'll explain the process of transferring assets into a trust, whether it's a living trust or a land trust.

We'll explore various asset types and how to effectively transfer them into your trust to ensure they are held securely by this vehicle.

We start by explaining the importance of changing the title of your assets to the trust's name. This is essential because if the title isn't transferred, the assets aren't legally part of the trust.

Many people make the mistake of creating a trust but never transferring their assets into it, losing the benefits of having a trust. Whether you're placing real estate or investment accounts in a trust, understanding these steps is vital for properly managing your assets and ensuring their protection and smooth transition in the future.

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Show Notes:
0:00 Intro
0:35 Transferring Assets Into a Trust
0:59 Primary Entities To Protect Real Estate
3:53 Transferring Real Estate In a Land Trust or Living Trust
7:58 Business Interests Are Funded
12:03 Bank Accounts, Investment Accounts, and CDs
17:02 Personal Property Memorandum
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ABOUT CLINT COONS

Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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