In this video, Toby Mathis explains the 7 assets you should NEVER put into a living trust — and the costly mistakes that could trigger taxes, destroy protections, or create unnecessary headaches for your family.
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You’ll learn why retirement accounts like IRAs and 401(k)s should usually stay out of your trust, how beneficiary designations actually work, and how to avoid common estate planning mistakes that could cost your heirs thousands.
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Show Notes:
0:00 Intro
2:33 #1 Asset
3:37 Why Your Trust Should Be a Contingent Beneficiary
4:30 Supreme Court Case: Inherited IRA Disaster
6:13 #2 Asset
8:04 #3 Asset
10:06 #4 Asset
11:03 When an ILIT (Irrevocable Trust) Makes Sense
12:18 #5 Asset
13:00 Why Titling Vehicles in a Trust Can Backfire
14:51 #6 Asset
16:20 #7 Asset
17:10 How 529 Plans Already Provide Control
19:14 The Real Goal of Estate Planning
21:14 Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at
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The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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By: Toby Mathis Esq | Tax Planning & Asset Protection
Title: Don''t Put These 7 Assets In Your Living Trust (Most People Get This Wrong)
Sourced From: www.youtube.com/watch?v=DaALvTPWZo4
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