September 24, 2024
Differences between Ladybird Deeds and Trusts
Welcome to Berry’s Bites! Join Attorney and Financial Advisor Chris Berry from Castle Wealth Group Legal as he explores the differences between Ladybird Deeds and Trusts.
In this video, Chris explains how these two tools serve distinct purposes in estate planning:
Ladybird Deed: Primarily used for real estate, it can help avoid probate for your property but doesn’t provide the extensive protections and control of a trust.
Trust: Covers all your assets, offering broader protection and control, and avoids probate for all listed assets.
Chris also discusses scenarios where one might be more suitable than the other and how they can be used together to meet your estate planning goals.
Whether you have a simple estate with just a home or a more complex situation with multiple assets, this video will help you understand the best strategies for your needs.
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Certified Elder Law Attorneyâ„¢ and Certified Financial Plannerâ„¢
Castle Wealth Group – Helping Good Families Plan, Protect and Preserve What is Important
(844)-885-4200 | CastleWealthGroup.com | MichiganEstatePlanning.com
Plans that span far and wide.
Advisory services are offered through Castle Wealth Group Investments, an Investment Advisor in Michigan. Insurance products and services are offered through Castle Wealth Group, an affiliated company. All content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. Nor is it intended to be a projection of current or future performance or an indication of future results. Purchases are subject to suitability. This requires a review of an investor’s objective, risk tolerance, and time horizons. Investing always involves risk and possible loss of capital. Insurance products and services are offered through Castle Wealth Group, an affiliated company.
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