My favorite aspect of my practice is explaining complex legal concepts to my clients and to members of the public in a warm and comfortable manner. I often joke that because my parents were both teachers, teaching is in my blood. During client meetings, I jump up to the whiteboard to explain various aspects of estate planning, trust administration, probate, asset protection planning, and elder law planning. The response is always very positive. I strongly feel that legal concepts should be accessible to everybody and I have developed a knack for making these concepts easy-to-understand. Through technology, I am able to share these “famous” lessons with you. Each video provides a brief description of its content. Please feel free to share these videos with your family and friends.
I am not a professional teacher but use the term, “The Legal Teacher,” to convey my unique ability to explain legal concepts. I am only licensed to practice law in California.
These “lessons” are for general information only. Watching these lessons does not create an attorney/client relationship. You should consult a qualified attorney licensed to practice law in your community before acting on any of the information presented in these videos or provided anywhere else on the website. For more information, please read our law firm’s full disclaimer (see the link at the bottom of the page).
IRS Circular 230 Notice: To the extent that the videos below or any of the information on this website concern tax matters, the information is not intended to be used and cannot be used by a taxpayer for the purposes of avoiding penalties that may be imposed by law.
- Why a Living Trust?
- What is a Living Trust?
- Elements of a Comprehensive Estate Plan
- The A/B Trust for a Married Trust-Maker
- The Common Pot Trust
- The Beneficiary Controlled Trust
- Step-Up in Basis
- Classic Cars Have Style; Classic Estate Plans – Not So Much
- Celebrity Estate Planning Mistakes, Part 1
- Celebrity Estate Planning Mistakes, Part 2
- Revocable v. Irrevocable Trusts
- Inheriting a Retirement Plan
- Retirement Plan Trust
- Revoking the Irrevocable
- Trust v. Power of Attorney v. Will
- LLC Planning
- Certificate of Trust
- The Basics of Medi-Cal Planning for Long Term Care
- Expanding FDIC Coverage Through Trusts
- How to Super Charge your Living Trust
- Estate Planning with Retirement Accounts
In this video, Kyle explains why often a Revocable Living Trust is the most efficient mechanism for the administration and distribution of assets in the event of incapacity and upon death.
In this video, Kyle explains the basic elements of a Revocable Living Trust.
Does your estate planning binder have to be so big? Yes! Kyle tells you why.
In this video, Kyle explains the difference between an “A Trust” (also known as an “I Love You Trust”) and an A/B Trust (also known as a “I Love You . . . But Trust”).
In this video, Kyle explains that equal is not always fair and describes how the Common Pot Trust can provide an fair mechanism to ensure that all beneficiaries of a trust are sufficiently “launched” into adulthood before dividing an estate into shares.
In this video, Kyle explains how you can structure your beneficiary’s inheritance to provide a degree of asset protection and divorce protection for your beneficiary.
In this video, Kyle explains the concept of a “step-up” in basis for capital gains tax and how married couples who own certain assets in community property states have an advantage.
Comparing most estate plans to a carefully drafted comprehensive estate plan is a lot like comparing Kyle’s 1953 Chevy Bel Air to a modern car: Most estate plans lack important safety features that are necessary to protect your loved ones.
Celebrities are notorious for making estate planning blunders and you can learn from their mistakes. Kyle reviews some famous estate planning failures that you can be sure to avoid with proper planning and the guidance of a competent attorney.
There is an endless supply of celebrity estate planning counter-examples. In this video, Kyle describes even more celebrity estate planning blunders that you can avoid with the guidance of a competent attorney.
In this video, Kyle explains the key differences between revocable and irrevocable trusts. He also describes when each trust structure is typically implemented.
In this video, Kyle explains the nuanced rules of inheriting a Defined Contribution Retirement Plan. He describes the concept of a “stretch IRA” and explains the different rules that apply depending upon the identity of the beneficiary.
In this video, Kyle explains how a trust intended to be designated as a beneficiary of a Defined Contribution Retirement Plan must be drafted with special provisions to navigate complex tax rules. He also describes how Conduit Trusts and Accumulation Trusts work and when each type of trust structure is typically implemented.
In this video, Kyle explains that irrevocable trusts are not necessarily irrevocable and describes eight methods for modifying or terminating an otherwise irrevocable trust.
In this video, Kyle explains the three key estate planning documents that appoint an agent to make financial decisions on your behalf. He describes the circumstances of when each document applies and why every comprehensive estate plan includes all three documents.
In this video, Kyle explains how a Limited Liability Company (“LLC”) can provide asset protection from both “inside creditors” and “outside creditors” and explains why forming an LLC under the right jurisdiction is important.
In this video, Kyle explains how a Certificate of Trust is helpful in titling your assets to your trust in an efficient manner while retaining privacy over the personal aspects of your estate plan.
In this video, Kyle gives a general overview of planning strategies to qualify for Medi-Cal to pay for long-term care, including converting “countable” assets to “non-countable assets,” care contracts, gifting between spouses, and “stacked gifting” to non-spousal third parties.
In this video, Kyle explains how holding title to assets through a Revocable Living Trust can dramatically expand FDIC coverage at each FDIC Member financial institution.
In this video, originally presented to the members of the Monterey Bay Aquarium Legacy group, Kyle explains how most living trusts are only designed to avoid probate but that a “super-charged” living trust can implement a host of additional planning opportunities such as divorce protection, asset protection, and estate tax protection.
In this video, originally presented to members of the Monterey Bay Aquarium Legacy group, Kyle explains the special considerations necessary for estate planning with retirement accounts such as IRAs, 401(k)s, and 403(b)s.