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Estate planning, with probate law, trusts and wills, can be a headache for seasoned lawyers, let alone heirs and loved ones. Inherit some estate law knowledge from an estate planning and probate lawyer in this free legal information video.
There are 81 videos in this series:
When estate planning, think of a trust as a rulebook and a trustee as a manager under the rules. Find out what a trust is from an estate planning and probate lawyer in this free video on estate law.
When estates are planned correctly, a will helps an individual say where his or her money goes after death. Learn what wills do from an estate planning and probate lawyer in this free video on estate law.
A living trust has many advantages in the estate planning arena, like potentially avoiding probate. Learn the advantages of a living trust from an estate planning and probate lawyer in this free video on estate law.
A living trust can help beneficiaries and families avoid probate more so than a will. Find out the difference between a will and a living trust from an estate planning and probate lawyer in this free video on estate law.
A living will, or advance directive, gives a named person the ability to 'pull the plug' in some medical instances. Learn the purpose of a living will from an estate planning and probate lawyer in this free video on estate law.
For estate planning, setting up a living trust can be a great idea. Learn how to set up a living trust from an estate planning and probate lawyer in this free video on estate law.
When estate planning, a living will only handles 'pulling the plug' in case of incapacity or terminal illness. Learn how to set up a living will from an estate planning and probate lawyer in this free video on estate law.
A bypass trust in estate planning is a document that allows married couples two tax exemptions on the estate. Find out what a bypass trust is from an estate planning and probate lawyer in this free video on estate law.
In estate planning the pros of a bypass trust are two tax exemptions; the con is cost. Learn the pros and cons of a bypass trust from an estate planning and probate lawyer in this free video on estate law.
When estate planning, a living trust can be a significant cost. Learn what it costs to set up a living trust from an estate planning and probate lawyer in this free video on estate law.
In estate law, trusts are taxed differently depending on whether they are revocable or irrevocable trusts. Learn how a trust is taxed from an estate planning and probate lawyer in this free video on estate law.
Revocable living trusts are 98 percent of living trusts; they help avoid probate and allow others to use money to take care of the trust maker. Find out what an irrevocable living trust is from an estate planning and probate lawyer in this free video on estate law.
Irrevocable living trusts are rare and mainly used to keep the IRS from taxing the death benefit of a life insurance policy. Learn the purpose of an irrevocable living trust from an estate planning and probate lawyer in this free video on estate law.
Durable power of attorney allows the power of attorney to manage funds even in the event of incapacitation. Find out what durable power of attorney is from an estate planning and probate lawyer in this free video on estate law.
A major goal of estate planning is to avoid probate, when a court must remove one name from a legal deed and add another. Find out what probate is from an estate planning and probate lawyer in this free video on estate law.
If the deceased has assets with deeds, a will most likely will not avoid probate. Strengthen your understanding of probate court with an estate planning and probate lawyer in this free video on estate law.
Probating a will takes place whenever someone dies with his or her name on an asset, like a bank account, car or house. Educate yourself on probating a will with an estate planning and probate lawyer in this free video on estate law.
Dying without a will can lead to more probate headaches than dying with will. Educate yourself on probate law with an estate planning and probate lawyer in this free video on estate law.
Many probate courts place entire wills and asset lists in public record or make them available online. Learn about what goes public in probate from an estate planning and probate lawyer in this free video on estate law.
The probate process can be a headache when estates are not planned well. Uncover the probate process with an estate planning and probate lawyer in this free video on estate law.
Estate planning helps someone who is incapacitated help themselves by giving power to others to make health care and financial decisions according to rules. Learn about estate planning from an estate planning and probate lawyer in this free video on estate law.
Estate planning can be started at any age, but estate planning cannot help someone who is already incapacitated or deceased. Find out when to start estate planning from an estate planning and probate lawyer in this free video on estate law.
Many documents are created in estate planning including living trusts, advanced directives, power of attorney documents and more. Learn what documents are needed for estate planning from an estate planning and probate lawyer in this free video on estate law.
Some estate planners are financial advisers, others are estate planning lawyers who can draft legal documents. Strengthen your understanding of being an estate planner with an estate planning and probate lawyer in this free video on estate law.
A constructive trust is made by a judge to control money an individual gains through illegal means like fraud. Find out what a constructive trust is from an estate planning and probate lawyer in this free video on estate law.
Estate planning is a complex business. Some who call themselves estate planners are financial advisors and others are estate planning attorneys with the power to draft legal documents. Estate planning is important because only through proper planning can an individual hope to help his or her family dodge inordinate federal taxes, handle his or her assets, avoid probate courts, save money all around and ease headaches after death or in case of incapacitation. Estate planning covers living trusts and wills that help define how someone’s resources can be used if he or she is incapacitated or deceased, and it is no wonder that many families are seeing the importance of estate planning considering the current economic clime. In this free estate law video series, a board-certified estate planning and probate lawyer, Brad Wiewel, gives information about estate planning. Wiewel discusses the ins and outs of estate planning, including revocable and irrevocable living trusts, wills and living wills, handling deeds and assets, powers of attorney and more. He answers questions on the pros and cons of certain legal documents, when to start planning, how to choose executors and what people really mean when they ask him about living wills or irrevocable trusts. Nothing contained in this video is to be considered as the rendering of legal advice for specific cases, and viewers are responsible for obtaining such advice from their own legal counsel. This production is intended for educational and informational purposes only.
Brad Wiewel Brad Wiewel is board certified in estate planning and probate by the Texas Board of Legal Specialization and has been practicing law since 1978. His firm, The Wiewel Law Firm, is based in Austin, Texas and focuses exclusively in the area of estate planning. Nothing contained in this video is to be considered as the rendering of legal advice for specific cases, and viewers are responsible for obtaining such advice from their own legal counsel. This production is intended for educational and informational purposes only.dkdk
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