{"id":30,"content_type":null,"category_id":"12","podcast_title":"CLEarly Legal - Adam Barber, Probate pt. 2","internal_cl_podcast_id":"CL-0030","short_description":"Published on: \r\nJul 11, 2024 6:34 PM\r\n\r\nSpeakers: \r\nAdam Barber, MHPS, PLLC\r\n\r\nSummary:\r\nIn this conversation, Adam Barber from Martin, Heller, Patent, and Shepherd provides insights on trusts and probate. He explains that a trust is a contract between a grantor and a trustee, where property is put into the trust and distributed according to the grantor's wishes. Trusts are not just for the wealthy, but can be useful for anyone with minor children, real property, or property in multiple states. It is important to fund the trust by changing beneficiary designations and property titles. A trust can help keep courts out of your business and avoid the lengthy probate process.\r\n\r\nKeywords:\r\ntrusts, probate, property, court, beneficiary designations, funding, grantor, trustee\r\n\r\nTakeaways:\r\n- A trust is a contract between a grantor and a trustee, where property is put into the trust and distributed according to the grantor's wishes.\r\n- Trusts are not just for the wealthy, but can be useful for anyone with minor children, real property, or property in multiple states.\r\n- It is important to fund the trust by changing beneficiary designations and property titles.\r\n- A trust can help keep courts out of your business and avoid the lengthy probate process.\r\n\r\nTitles:\r\n- Understanding Trusts and Probate\r\n- The Benefits of Trusts for Estate Planning\r\n\r\nChapters:\r\n00:00 Introduction and Overview\r\n01:10 Understanding Trusts and Their Benefits\r\n05:08 Clarifying the Relationship Between Trusts and Probate\r\n08:33 Different Types of Trusts and Asset Protection\r\n09:23 The Role of a Probate Master\r\n11:06 Navigating Probate Courts and Local Rules\r\n14:42 Probate Litigation and Conclusion","provider_type":"3","provider_id":"8","cl_type":"1","length":0,"file_type":"1","image":"9b8f619d05c57d0b11fa7a92fcdb7416756d1d7ce4798279936267380cdf10a927819936b9c9a6aae674496ee18d0a503b928d99ee3edb77064ef81f8ce4bded.jpg","image_alt":"Clealry Content","prerequisites":null,"expire_date":null,"status":"1","created_by":365,"updated_by":365,"created_at":"07\/15\/2024 5:35 am","updated_at":"07\/15\/2024 6:21 am","deleted_at":null,"image_path":"https:\/\/storage.googleapis.com\/clearlylegal-prod\/content\/9b8f619d05c57d0b11fa7a92fcdb7416756d1d7ce4798279936267380cdf10a927819936b9c9a6aae674496ee18d0a503b928d99ee3edb77064ef81f8ce4bded.jpg","provider_name":"Riverside.FM","view_counts":1,"temp_expire_date":null}