Protect ANY Form of Real Estate You May Own with Jim Burch episode artwork

EPISODE · Jan 29, 2025 · 28 MIN

Protect ANY Form of Real Estate You May Own with Jim Burch

from The Retirement Nerds · host Erik Soderborg

There are many ways to title your real estate properties, but who or what entity owns that property can have significant consequences when we start talking about probate, taxes, and freedom to sell properties upon death. For most, their home is their single biggest financial asset. Jim Burch masterfully explains the different ways to structure real estate to ensure your assets are passed on effectively and at the lowest cost. If you would like help with your estate plan, here is Jim's information: [email protected] EasyLegalPlanning.com Check out our resources at https://TheRetirementNerds.com/ ============================= Send me a message! [email protected] ============================= ============================= Be Sure to Subscribe to our Channel! ============================= YouTube: @theretirementnerds ============================================================ Join our newsletter for monthly tips, book recommendations, and personal stories! https://theretirementnerds.com/newsletter/ ============================================================ ⏰ TIME CODES ⏰ 0:00 Owning Real Estate 0:37 Joint Tenants vs Tenants in Common 5:29 Property in Multiple States 7:25 LLC Ownership and Trusts 9:39 Moving to a Different State 10:51 What if Your Name Changes? 13:08 Adding Someone on Title 15:08 Step up in Basis 16:26 Successor Trustee Responsibilities 19:41 Payable on Death (POD or TOD) 24:47 In-Laws 26:24 Where to Get Help ============================= #estateplanning #willsandtrusts #theretirementnerds #retirementnerds #finance Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.

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Protect ANY Form of Real Estate You May Own with Jim Burch

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