Uploaded February 2026 | Updated September 2026, 1 week ago
Would you like to learn more about proper estate planning? Schedule a free consultation here: aba.link/98cdcd
In this video, Toby Mathis breaks down one of the biggest estate planning myths: having a will does not mean your family avoids probate or court involvement.
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You’ll learn why wills offer no protection during incapacity and how families can end up in guardianship or conservatorship when no plan is in place.
Toby also walks through the real risks of public probate records, including scams, property theft, and unnecessary family conflict.
Finally, he explains why a revocable living trust is often the missing piece for privacy, control, and keeping your family out of court.
🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more!
Show Notes:
0:00 Intro
1:00 Myth #1: A will avoids probate (reality: it usually triggers it)
2:58 Myth #2: A will protects you during incapacity (it doesn’t)
3:58 Myth #3: A will keeps your wishes private (probate makes it public)
5:40 What a will actually does well
6:11 Why probate can get expensive
8:45 Key nuance: probate costs vary by state
8:56 The solution: a properly funded living trust
9:01 What a living trust does differently
10:54 Outro
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FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: aba.link/799001
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
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.
#livingtrust #estateplanning #probate #tobymathis #wills
Would you like to learn more about proper estate planning? Schedule a free consultation here: aba.link/98cdcd
In this video, Toby Mathis breaks down one of the biggest estate planning myths: having a will does not mean your family avoids probate or court involvement.
📂 Free Emergency Binder for Estate Planning
Download our exclusive Emergency Binder. 👉 aba.link/dd2615
You’ll learn why wills offer no protection during incapacity and how families can end up in guardianship or conservatorship when no plan is in place.
Toby also walks through the real risks of public probate records, including scams, property theft, and unnecessary family conflict.
Finally, he explains why a revocable living trust is often the missing piece for privacy, control, and keeping your family out of court.
🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more!
Show Notes:
0:00 Intro
1:00 Myth #1: A will avoids probate (reality: it usually triggers it)
2:58 Myth #2: A will protects you during incapacity (it doesn’t)
3:58 Myth #3: A will keeps your wishes private (probate makes it public)
5:40 What a will actually does well
6:11 Why probate can get expensive
8:45 Key nuance: probate costs vary by state
8:56 The solution: a properly funded living trust
9:01 What a living trust does differently
10:54 Outro
---------------------------------------------------------------------------------------------------------
FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: aba.link/799001
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
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.
#livingtrust #estateplanning #probate #tobymathis #wills
