{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/5574e3dc53774073bf927c844588906a\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/5574e3dc53774073bf927c844588906a-d8918a48e99e2d35.gif","duration":387.39,"title":"Why Everyone Needs a Revocable Living Trust","description":"In this Loom I explain why everyone needs a revocable living trust to help avoid probate court. If bankers and others cannot clearly prove who should access your accounts, pay bills, and take care of you, they will require court authorization, which is expensive. I cite statutory probate fee examples that can total about 5% of an estate, including roughly $46,000 on a typical million dollar estate, plus extra costs. I show how a revocable living trust creates a legal entity to hold your assets, so your chosen people can step in if you are incapacitated or after you pass, without court involvement. I request that you set up a revocable living trust and properly fund it by titling your assets in your name as trustee of your trust."}