In this video, you’ll learn why banks freeze accounts, how that impacts your beneficiaries, and the most common mistakes that lead to unnecessary delays and legal headaches.
Would you like to learn more about protecting your assets? Schedule a free consultation here 👉 https://aba.link/wbc
I break down why joint tenancy with right of survivorship is often risky, exposing your assets to lawsuits, creditors, and accidental disinheritance.
You’ll also discover safer and more effective strategies for ensuring your bank accounts transfer smoothly without probate complications.
Watch until the end to understand how to protect your estate, preserve your legacy, and keep your loved ones out of avoidable financial trouble.
Avoiding probate starts with properly structuring your bank accounts, because leaving them in your individual name can cause them to be frozen the moment you pass away.
Show Notes:
0:00 Intro
0:30 Bank Account Freezes and Why They’re a Problem
1:49 The Hidden Risks of Joint Accounts
4:01 Problems with Multiple Beneficiaries on Bank Accounts
6:04 How a Living Trust Works with Bank Accounts
8:45 Why Wills Alone Don’t Prevent Probate
9:42 Avoiding Frozen Accounts and Probate With a Trust
10:03 Final Notes
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FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/x6d
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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.
#probate #bankaccount #estateplanning
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