The Plain English Attorney

09/02/2026

A revocable living trust can be a powerful estate planning tool but it’s important to understand what it does and doesn’t protect you from.

If you own a rental property in your individual name, transferring it into a revocable living trust may help with avoiding probate and making things easier for your successor trustee if you become incapacitated.

But when it comes to protecting your assets from your own creditors, that’s a completely different legal issue.

👉 Watch the full video to understand the difference between estate planning and asset protection
https://youtu.be/6RWJskB5h2k

09/02/2026

Check out the latest polls on our YouTube Community page. Make sure you are signed in to YouTube in order to vote! We take these polls seriously when it comes to deciding what content to create for you. https://www.youtube.com/nclawyer/community

09/01/2026

Putting your rental property into an LLC can help protect the property but there’s another step many property owners overlook.

Even if the LLC owns the real estate, you may still personally own the LLC interest. If that interest isn’t properly planned for, your family could face a probate issue when you pass away.

So how do you connect the LLC to your estate plan?

In this video, learn how a revocable living trust can own your LLC interest, helping create a smoother path for your family and successors.

▶️ Watch the full video to see how the LLC and trust can work together
https://youtu.be/6RWJskB5h2k

09/01/2026

Klaus has officially taken his privileged “manager” attitude to a whole new level.

Apparently, being the manager is exhausting… so he’s taking a well-deserved nap while the rest of us get on with the work. 😴
He’ll be back to supervising, judging and looking important once his very busy schedule allows it.

Does your pet also think they’re the boss of the house?

08/31/2026

BLOG: 💰 What exactly is a “death tax”?

You may have heard the term before, but here’s the important part: there isn’t just one tax that applies when someone dies.

Depending on the circumstances, families may need to consider federal estate taxes, state estate taxes, inheritance taxes, and even income taxes on inherited retirement accounts.

And the rules can change based on where the person lived, what they owned, who inherited the assets, and how those assets were structured.

For example, being below the federal estate tax exemption doesn’t necessarily mean your family has no potential tax issues.

👉 Read the full blog to understand the different types of taxes that can come into play after someone dies
https://livingtrustlawfirm.com/2026-death-tax-explained/

The "death tax" isn't just one single tax. Learn how multiple tax rules and exemptions actually work when passing on family wealth.

08/30/2026

Own multiple rental properties?

You might think putting all of your properties into one LLC is the simplest way to protect them.

But there’s an important question to consider: What happens if one property faces a major liability claim?

If all of your rental properties are owned by the same LLC, the other properties may also be exposed to claims against that company.

In other words, you may have separated your rental properties from your personal assets but you haven’t necessarily separated the properties from each other.

So, is one LLC enough? Or should you consider a different ownership structure?

👉 Watch the full video to understand this potential risk and why the way you structure your rental properties matters.
https://youtu.be/6RWJskB5h2k

08/28/2026

You’ve done the legal work. But does your insurance match?

If your property is owned by a revocable living trust or an LLC, your insurance policy should reflect that ownership.

Creating a trust, forming an LLC, transferring the deed, and putting the right legal protections in place takes time and money. But if your insurance policy doesn’t properly recognize the legal owner, you could be leaving an important piece of the puzzle unfinished.

Before assuming everything is covered, make sure your legal ownership and insurance structure work together.

👉 Watch the full video to learn
https://youtu.be/6RWJskB5h2k

08/28/2026

I’ve learned that if I’m heading into a conference, I like to get a really solid workout in the day before, even if I know the hotel has a gym.

Because once the conference starts, things can get busy pretty quickly. There are sessions to attend, people to meet, conversations happening everywhere, and before you know it, the day is over.

So I like knowing I’ve already gotten that solid workout in before everything begins. If I make it to the hotel gym during the conference, great! If not, I don’t feel like I’ve completely fallen off track.

It’s just one of those little things I’ve learned to prioritize because I know how easy it is for workouts to get pushed to the bottom of the list when life gets busy.

Do you make time for a workout when you travel for work, or does it usually get pushed aside?

08/27/2026

Inheritance Tax vs. Estate Tax, they are NOT the same! 💰

Estate tax = paid by the estate before anything is distributed.
Inheritance tax = paid by the person who inherits, and it depends on your relationship to them and where you live.

This year, the federal estate tax affects very few families but state inheritance taxes can still take a bite if you don't plan for them.

Watch the full video here:
https://youtu.be/nM-ELQpthGE