@chloe.vvfinds: The wealthy have been doing this for years 👀 #livingtrusts

chloe.vv
chloe.vv
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Region: US
Tuesday 30 June 2026 14:20:00 GMT
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bizmarky4
bizmarky :
Works wonderful but try to get a mortgage with no funds and reality will set in real quick
2026-07-21 11:09:15
43
mozthree
Moz3 :
Think it should be an IRREVOCABLE TRUST, to be UNTOUCHABLE my friend 🙈🙈🙈
2026-07-26 04:29:26
5
art.of.jar
JAR :
revocable trusts are still connected to you personally. this is missing so many steps
2026-07-25 12:25:15
48
mylord_______
maLord :
so if I ever get more than $7 I'll remember to do this. worked for 20+ years never had a thing. how y'all do it will forever be a mystery to me. I give up, just make sure the rent is paid and drone onward
2026-07-24 22:27:57
9
jamesfryaniii6
jamesfryaniii6 :
it's called a living trust separates assets and weak from all liabilities
2026-07-25 11:48:46
0
wdcfsjvap3v
wdcfsjvap3v :
I did my living trust with Schwabb you don’t need an ein while still alive
2026-07-25 11:36:32
0
texaslass6
usertexaslass :
There is an additional thing the banks require.... your trust paperwork
2026-07-24 01:57:14
14
bohemian_mystic_3
Real Life Gen❌ Momma🦋 :
irs is not just going to give this number to somebody without your social security number which then it's tied to you
2026-07-25 13:38:43
2
freetheoppressed7
LunarLegend :
Lemme just move my 100$ to the bank 😂😂😂
2026-07-01 23:09:10
12
dove927
Yonit :
This is not correct. At all.
2026-07-26 08:04:21
1
stephy_sands
stephysands❌️ :
jokes on them I have stage 4 cancer and nothing in my account 😂
2026-07-25 23:39:07
2
amberlove8377
AmberLove83 :
Love how you explained it thanks
2026-07-24 07:15:54
6
tonydicologero
Tony D :
Doesn't the trust have to created through legal documents, beyond the EIN?
2026-07-22 10:15:45
8
missy22222222
MISSY22222222 :
But the irs knows it’s tied to you
2026-07-26 18:21:18
0
droppedthebagoffools
theytriedtobreakoffmywings :
you mean irrevocable
2026-07-25 13:14:35
1
homantag
homantag :
and... a revocable trust is not generally considered a separate "entity" and subject to personal judgements (especially when you are the grantor and trustee, and don't treat it like a separate entity)
2026-07-24 06:25:09
8
cathys_interests
Cathy S :
Good grief no!
2026-07-26 19:25:22
0
kratos6669996
kratos6669996 :
How could I get a trust name I don’t understand that part
2026-07-26 08:56:39
0
diced.pineapples5
Diced Pineapples :
Not true because when your checks are garnished it happens before your money even hits the bank! They go straight through payroll at your job .
2026-07-25 14:49:16
2
sideways366
sideways :
A trust is 500.
2026-07-25 16:15:11
1
trendybutnottrending
Liz_ 🐞 :
Can I deposit my work checks in my trust acc?
2026-07-24 20:33:58
4
wandering_allie
wandering_allie :
Anyone else think it’s funny that the IRS is the wrong people
2026-07-25 15:11:16
4
jleo923
JLeo :
A revocable trust does not generally protect you from being sued or from your personal creditors. If you created the trust and can revoke or control it, the assets are generally still considered yours for creditor purposes. So, if someone obtains a judgment against you, they may potentially be able to reach assets in the revocable trust, depending on the specific asset and state law.
2026-07-25 00:39:28
1
user2146116144367
Maria :
Ridiculous. The Bank reviews Trusts beforehand because it doesn’t want the MX Cartel’s business under the name of a trust, and if it’s Revocable it isn’t a Trust, it’s an agreement to make a Trust under certain circumstances (death, incompetence, etc).
2026-07-26 08:00:21
1
megannuncharted
Megannuncharted :
Can it be garnished? Levied?
2026-07-26 04:27:47
1
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