@whatsamortgage_: Biggest Scam for Parents: Probate! 😡🏡 You work hard to buy a home, but if you don’t set it up right, your kids won’t get it easily when you pass away. Instead, it goes through probate, a long court process that locks them out. They can’t live in it, rent it out, or sell it until probate is over. Here’s how to avoid that mess: ✅ Joint Tenancy with Right of Survivorship – If one owner passes, the other automatically gets the property. Problem? If the surviving owner dies, it still goes through probate. ✅ Transfer on Death (TOD) Deed – A form that lets your home go straight to your kid when you pass. Issues? Only works in some states, kids must be 18+, and you can only name one beneficiary. ✅ Revocable Living Trust – The best option! Your home goes directly to your kids without probate. They get control immediately. 💰 Trusts can cost $3,000 - $5,000, but I got you covered! Get a free or $50 trust through GetDynasty.com with my code MINH50 (first year is $50, then $100/year). Protect your family’s future! 📢 Share this video with someone who needs this info! 🙌 #estateplanning #avoidprobate #homeownership #realestate @Minhs2Cents

Minh Nguyen | Mortgage Broker

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Region: US

Friday 28 February 2025 01:27:28 GMT