Understanding Ladybird Deeds: A Guide to Protecting Your Real Estate In this video, Attorney and Financial Advisor Chris Berry of Castle Wealth Group Legal breaks down the essentials of a Ladybird Deed, also known as an Enhanced Life Estate Deed. Discover how this legal tool can protect your real estate while offering flexibility and peace… Read more »
In this informative video, Castle Wealth Group Legal’s Chris Berry breaks down the most pressing risks facing retirees today. With his extensive experience as an elder law attorney and certified financial planner, Chris offers valuable insights into how you can protect your retirement from these key threats. Key Risks Covered: Longevity Risk: People… Read more »
In this episode of Berry’s Bites, Chris Berry answers: Dad’s old trust does not have a Certificate of Trust. In trying to sell the house, the real estate agent is asking for one and they are saying the complete trust doc would not suffice. Is that right? Estate Attorney and Advisor Chris Berry of Castle… Read more »
In this video, we discuss whether the 10-year withdrawal rule applies to Roth IRAs left to beneficiaries in a Legacy Trust. We’ll explore the implications of this rule and what it means for the protection of your assets after withdrawal. Learn how this rule impacts your estate planning and how to best manage your… Read more »
In this video, we explore whether Tenancy in Common avoids probate and compare it with rights of survivorship. Learn about the key differences, legal implications, and how each type of ownership can impact estate planning and inheritance. This information is crucial for making informed decisions about property ownership and protecting your assets. Episode… Read more »
Is there an IRA Trust? What are it’s advantage? In this video, we explore the concept of an IRA Trust. We’ll discuss whether it exists, how it works, and the potential advantages of setting one up. Whether you’re planning for retirement or looking to secure your legacy, understanding the potential of an IRA Trust can… Read more »
Chris Berry is in sunny San Diego at Ed Slott’s Elite IRA Advisor group and he wants to share the latest as it relates on who to name as a beneficiary of your 401k or IRA. Many times it’s spouse first, then trust as a contingent beneficiary. If you haven’t reviewed your beneficiary designations. Now… Read more »
Are you confused about the differences between a will and a trust? In this video, we break down the key distinctions to help you understand which estate planning tool is right for you. Learn about the unique purposes of wills and trusts, the probate process, privacy considerations, control over assets, and flexibility in making changes…. Read more »
In this video, we explore whether placing assets in a trust can safeguard them from the high costs of long-term care. We’ll discuss the different types of trusts, how they work, and what you need to know to ensure your parents’ assets are protected. Join us as we break down the legal and financial aspects… Read more »
When we’re talking about IUL, kind of think of it as a pie. And depending on how we structure it, it can provide different benefits, depending on what your goals are. Typically you can split it up into different things. One is Tax-Free Income. Another is Legacy Plan(death benefit) and another is Long-Term Care Benefit…. Read more »
