7 Reasons You "Don't Need A Trust" – Graded By An Attorney

Interested in learning how to create your own living trust? Schedule a free consultation today: https://aba.link/z5e3 In this video, Toby Mathis breaks down 7 common reasons people say you “DON’T need a living trust”—and reveals which ones are true, half true, or completely false. 📂 Free Emergency Binder for Estate Planning Download our exclusive Emergency Binder. 👉 https://aba.link/7ncb You’ll learn why beneficiary designations, transfer-on-death accounts, and simply adding your kids to a deed may not give your family the protection you think they do—and how some of these estate planning shortcuts can lead to unexpected taxes, probate, lawsuits, or even lost inheritances. Watch Next: 2:36    • This One Form Overrides Your Will And Trus...   9:41    • How To Leave Your HOUSE To Your KIDS (Avoi...   Toby also explains who actually needs a living trust, how trusts can protect your beneficiaries from creditors and divorce, and one critical mistake that can make your trust practically useless. 🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on estate planning, asset protection, real estate investing, business strategies, and more! Show Notes: 0:00 Intro 0:55 Why People Get a Living Trust 2:22 #1 Beneficiary Designations Avoid Probate 4:51 #2 Transfer on Death & Payable on Death Accounts 7:31 #3 Adding Your Kids to the Deed 10:04 The Hidden Risk for Married Couples 11:36 #4 Trusts Make Refinancing Difficult 12:42 Free Emergency Binder 13:31 #5 A Trust Won’t Protect You From Lawsuits 15:04 #6 Trusts Cause Homestead & Property Tax Problems 15:25 #7 Portability Makes Trusts Unnecessary 17:21 Who Actually Needs a Living Trust? 18:13 Protecting Children, Heirs & Your Family 20:01 The Biggest Living Trust Mistake 20:34 Can You Get By Without a Trust? 20:57 Are Living Trusts Too Expensive? 21:37 Does a Living Trust Make Sense for You? 22:01 Free Strategy Session 22:11 Outro --------------------------------------------------------------------------------------------------------- TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/tobytaxtues ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #livingtrust #estateplanning #probate #tobymathis