Don't end up in PROBATE due to your bank accounts.
👉 Download my 5-star Amazon book for FREE through Oct 31: https://StartEstatePlan.com/ebook 👉 Create your estate plan without an attorney : https://StartEstatePlan.com This is Part 1 of a 2-part video. Watch Part 2:    • Watch out when Adding a Trust or Child Joi...  Most people are clear that the primary home, rental property, business should be put inside a Trust, and that retirement accounts, IRAs/401ks, and life insurance should NOT be transferred into a Trust. The one that’s not so clear is Bank Accounts. Put it into a Trust, or use the Payable-on-Death option to designate speciifc beneficiearies. If you do nothing, your bank account will be frozen. Watch this video to understand the tradeoffs between the two options of retitling your bank checking or savings account into your Revocable LIving Trust or to use the Payable-on-Death option.
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