@melissadorman: Most homeowners think they’re covered because they have a will… but a will alone doesn’t keep your house out of probate. 😬 Which means if something happens to you, your family could inherit: 📄 delays 💸 fees ⚖️ and a full-blown court process Think of a living trust like a treasure box 🏡✨ If your home is inside it, your family can access it smoothly. If it’s not? It gets stuck in probate. And here’s the part most people miss: It’s not about what you wrote down. It’s about how your home is titled. Bonus move: Match a life insurance policy to your mortgage so your family receives the home fully paid off, not stressed and scrambling. 🙏 This is what I mean by building wealth and protecting it like a grown-up. Follow for more of what nobody taught us about money, ownership, and keeping it in the family. 💸 #wealthbuilding #estateplanning #livingtrust #financialfreedom #womenandmoney

Money with Mel (Real Account)
Money with Mel (Real Account)
Open In TikTok:
Region: US
Sunday 03 May 2026 18:20:00 GMT
680681
23179
623
11757

Music

Download

Comments

shychild22
Shy :
If the house is paid off, does it still go into probate?
2026-09-08 21:54:56
0
robbiemezzatesta
robbiemezzatesta :
I have a lady bird deed which avoids probate for my kids.
2026-05-21 20:56:03
113
jo9832
Jo 🇨🇦 :
Instead of a living trust, I put my children on the deed.
2026-05-04 04:28:21
120
oi_bl5
Ollie :
Is Mell from US
2026-09-08 12:45:27
0
propain0208
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
39
abcalbertaborn
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
empress143energy
EmpressEnergyIYKYK :
My dad’s lawyer advised us against this.. instead put me on the deed.
2026-05-04 02:38:23
14
dan3866
dan :
Simply add the loved ones name on the deed…resolved without spending $1500-$3000 for trust
2026-05-25 01:23:30
5
jazmynegooch
jazmynegooch :
What if you have almost paid your house completely off and you die what happens then.
2026-07-11 23:36:00
2
mrcdriver
mrcdriver :
Omg. Just went through this. Went to “probate”. 3 months later all wrapped up. No big deal. This is just a sales pitch
2026-05-04 22:00:22
5
halfwayhomewildliferehab
HalfwayHomeWildlifeRehab :
Lady Bird Deed for my home.
2026-05-25 15:46:13
12
sunshineandbutterflies20
SunShine&Butterflies 🇨🇦 :
When you get older sell your house and leave them the cash
2026-05-04 02:04:43
45
kslbreezy
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
5
dogmom.dob
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
16
tempie_mae
Tempie Rutherford :
Do a lady bird deed instead
2026-08-22 01:14:50
0
bridgestonelaw
Bridgestone Law | Calgary 🇨🇦 :
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
deneroberts7
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
briar147
Briar147 :
In Alberta it doesn’t make a lot of sense. Our probate is $525
2026-05-04 02:40:50
5
pea.jay6
peajaypea :
What about a transfer-upon-death deed?
2026-05-24 18:39:08
5
chrisbarberfinancial
Chris Barber :
Awesome information!!! Thank you!!
2026-06-15 20:27:31
3
rishibirudaraj
Rishi Birudaraj :
the noise app it paid for my skincare routine this month and i wasn't expecting that at all 😭 you post content for brands whenever you want and get paid per view
2026-07-04 15:35:03
2
hotpink4every
HotPink4ever :
1234
2026-07-20 21:08:49
1
jocey_ann_g
JoceyGHustles :
i promise i'm not a bot 😭 the noise app genuinely works. it's basically just posting for brands and getting paid per view. i've cashed out $200 so far
2026-07-04 20:41:27
2
james.taylor8512
James Taylor :
Why would a government adopt a system like this?
2026-05-04 14:12:16
4
hellobabe396
hellobabe39 :
what if you have one child and have a will with only her name on it.
2026-05-04 07:02:48
2
To see more videos from user @melissadorman, please go to the Tikwm homepage.

Other Videos


About