Asha Paulose
speaker
333 appearances
1 recordings
1 series
first heard Mar 2025
last heard Mar 2025
Asha Paulose’s voice in public audio — every appearance, attributed to the second.
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Appearances
And when you pass away, it discusses all of the things that are already in your trust during your lifetime you've transferred into, what will happen to those things when you pass away.
So two things have to happen for...
you to avoid probate.
One is to court, judge, will.
One is to create a trust.
The second is to transfer things into the trust.
That second part is really difficult for people.
If you're an adult child, you have to know.
You can't just tell mom, hey mom, create a trust and then walk away and pat your back.
No, you need to do that second part, which is the grunt work, like filling out the forms, transferring all the assets into the revocable trust.
So many clients that I've spoken to have said, oh, Asha, don't worry.
We created this trust.
We paid the thousands of dollars to purchase this trust, but it's not funded, which means there's nothing inside it.
And so it's absolutely useless because when you pass away, nothing will privately be transferred to the children.
It will be in court public in front of the judge.
Yeah, I think this trust is a big one where they just think, oh, we'll just get mom and trust and everything will be fixed.
Well, you know, sometimes it's not always.
Not necessary.
Maybe mom doesn't own a home.
She's got all her accounts and beneficiaries.
Showing 161–180 of 333 · page 9 of 17
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