2. vidual is for his/her benefit. highly experienced and knowledgeable real estate advisors in the U.S. William Bronchick’s coaching outlines the benefits of living trust. Bill Bronchick’s excellent coaching has benefitted many people. In his coaching, Bill Bronchick explains that the main idea behind making a living trust by an individual is for his/her benefit.
3. William Bronchick in his coaching tells that the most important reason behind using living trusts is to avoid probate. After a person’s death, the assets left in his estate are distributed according to the instructions of his/ her Will. If there is no will, then the assets are distributed according to the rules set by the state law.
4. Further, he suggests that if the assets of a person are owned in trust then in that case these assets are not subject to probate. According to the instructions of the trust agreement the trustee allocates the asset outrights to the alternate beneficiaries or holds them in trust until they reach a certain age. “Your trust can hold assets in multiple states without the need for ancillary probate”, exclaims William Bronchick in his coaching.
5. Bill Bronchick, CEO of Legalwiz Publications, is a nationally known attorney, author, entrepreneur, and speaker. Mr. Bronchick has been practicing law and real estate since 1990, having been involved in over 1,000 transactions. He has trained countless people all over the United States to become financially successful, speaking to audiences of as many as 16,000 at "Get Motivated" events sharing the stage with names like Rudy Guliani, Steve Forbes, and Colin Powell.
6. His best selling book, ‘Flipping Properties' was named one of the ten best real estate books of the year by the Chicago Tribune. Bill Bronchick is also the co-founder and President of the Colorado Association of Real Estate Investors and the President and Chairman of the College of American Real Estate Investors. In order to get expert mentoring on asset protection planning from Bill Bronchick, log on to www.billbronchickcoaching.com.