Money with Mel (Real Account)
Region: US
Sunday 03 May 2026 18:20:00 GMT
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HalfwayHomeWildlifeRehab :
Lady Bird Deed for my home.
2026-05-25 15:46:13
12
robbiemezzatesta :
I have a lady bird deed which avoids probate for my kids.
2026-05-21 20:56:03
111
Jo 🇨🇦 :
Instead of a living trust, I put my children on the deed.
2026-05-04 04:28:21
113
propain0208 :
I asked an accountant about this. I went through the probate. Cost a % for value of house. The accountant said a trust would cost way more compared to being willed it.
2026-05-04 02:24:01
37
EmpressEnergyIYKYK :
My dad’s lawyer advised us against this.. instead put me on the deed.
2026-05-04 02:38:23
14
SunShine&Butterflies 🇨🇦 :
When you get older sell your house and leave them the cash
2026-05-04 02:04:43
45
dogmom26 :
my mom passed away unexpectedly at 49. I ended up loosing the house to the city between family mess and lack off will. it still devastating.
2026-05-04 02:13:19
14
Turtle Island.🇨🇦 :
I went through probate for three relatives, two with property. It took less than 6 weeks, I'm not seeing the huge issue here.
2026-05-04 07:15:12
11
Ana.Laura.624🦋 :
Do you need to change the name on the deed ?
2026-06-03 04:27:18
0
deneroberts7 :
It's not a court case. The house is tied up for approximately 4 to 6 month while your probate documents get approved, which grants the executor the right to disposed of the house and assets. You do pay probate fees. You save on a lot of legal and accounting fees to administer a trust. Only useful in a very limited amount of cases.
2026-05-04 21:28:19
6
bridgestonelaw :
This isn’t for Canadians 🇨🇦 . Laws, tax consequences, trust rules and estate administration is very different in the US than Canada. In Canada, the second your investment property goes into a trust you have to pay taxes and for primary residence the property starts accumulating capital gains from the day it enters a trust. If you are concerned about the property post passing, then you can look at various testamentary trusts that are written directly in your Will. Don’t need a second document. The type of trust will depend on your specific objective. For instance, a spousal trust can give the benefit of the property to your spouse during their lifetime then have it passed to your kids. That way if your spouse remarries, the property is protected. Similar trust can be created for adult children to prevent their spouse from taking a part of it during divorce. Talk to an estate lawyer in your area for better guidance.
2026-05-05 16:24:52
21
kslbreezy :
Do you have to get an attorney to start the living trust? I’ve seen several videos about putting your house in a living trust but I don’t understand the process of obtaining the living trust.
2026-06-04 16:01:02
4
Jason Blackwood 🇨🇦 :
Does the rule still apply if you own your house outright no mortgage
2026-05-04 14:52:42
1
BUNDY GREER :
At what cost is the living trust for your house to be in
2026-05-04 11:28:32
2
James Taylor :
Why would a government adopt a system like this?
2026-05-04 14:12:16
4
Woolly :
Conscious BS!
2026-05-04 10:46:18
1
Chris Barber :
Awesome information!!! Thank you!!
2026-06-15 20:27:31
2
Briar147 :
In Alberta it doesn’t make a lot of sense. Our probate is $525
2026-05-04 02:40:50
5
hellobabe39 :
what if you have one child and have a will with only her name on it.
2026-05-04 07:02:48
2
🌻 :
What if no mortgage on home? Owned outright
2026-05-04 11:44:54
2
hcas28 :
What about a transfer upon death deed that is registered with the state you reside?
2026-06-01 19:27:21
3
Jessica Nuncio❌ :
Also living trust is very expensive and you have to feed it
2026-06-10 13:52:17
3
Nicole :
Please do your research!!! Probate is NOT that scary!!! For most states the title DEVOLVES (or passes) through the will and you just need to go to the revenue commissioner. I’m a probate & estate planning paralegal and know what I’m talking about. Not everyone needs a trust, a lot of times they’re just too complicated and can still be contested and become a “court case”. You can also have the deed titled as joint tenants WITH RIGHT OF SURVIVORSHIP, love how that’s not mentioned in this video, just the expensive and not necessary way (a trust)
2026-06-24 04:09:20
2
AC :
So do you get both?
2026-06-02 17:20:05
1
NiceDad :
Thanks 😊
2026-05-25 21:15:59
3
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