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
Moz3 :
Think it should be an IRREVOCABLE TRUST, to be UNTOUCHABLE my friend 🙈🙈🙈
2026-07-26 04:29:26
5
JAR :
revocable trusts are still connected to you personally. this is missing so many steps
2026-07-25 12:25:15
48
maLord :
so if I ever get more than $7 I'll remember to do this. worked for 20+ years never had a thing. how y'all do it will forever be a mystery to me. I give up, just make sure the rent is paid and drone onward
2026-07-24 22:27:57
9
jamesfryaniii6 :
it's called a living trust separates assets and weak from all liabilities
2026-07-25 11:48:46
0
wdcfsjvap3v :
I did my living trust with Schwabb you don’t need an ein while still alive
2026-07-25 11:36:32
0
usertexaslass :
There is an additional thing the banks require.... your trust paperwork
2026-07-24 01:57:14
14
Real Life Gen❌ Momma🦋 :
irs is not just going to give this number to somebody without your social security number which then it's tied to you
2026-07-25 13:38:43
2
LunarLegend :
Lemme just move my 100$ to the bank 😂😂😂
2026-07-01 23:09:10
12
Yonit :
This is not correct. At all.
2026-07-26 08:04:21
1
stephysands❌️ :
jokes on them I have stage 4 cancer and nothing in my account 😂
2026-07-25 23:39:07
2
AmberLove83 :
Love how you explained it thanks
2026-07-24 07:15:54
6
Tony D :
Doesn't the trust have to created through legal documents, beyond the EIN?
2026-07-22 10:15:45
8
MISSY22222222 :
But the irs knows it’s tied to you
2026-07-26 18:21:18
0
theytriedtobreakoffmywings :
you mean irrevocable
2026-07-25 13:14:35
1
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
Cathy S :
Good grief no!
2026-07-26 19:25:22
0
kratos6669996 :
How could I get a trust name I don’t understand that part
2026-07-26 08:56:39
0
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
sideways :
A trust is 500.
2026-07-25 16:15:11
1
Liz_ 🐞 :
Can I deposit my work checks in my trust acc?
2026-07-24 20:33:58
4
wandering_allie :
Anyone else think it’s funny that the IRS is the wrong people
2026-07-25 15:11:16
4
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
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 :
Can it be garnished? Levied?
2026-07-26 04:27:47
1
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