What security is used to protect my information?
The Must Have Document platform has all data encrypted in such a manner that meets PCI compliance requirements. *Payment Card Industry Data Security Standard is a set of security standards designed to ensure that ALL companies that accept, process, store or transmit credit card information maintain a secure environment. The information requested in the Must Have Documents is legal names, addresses and birth dates no other personal information is requested. There is an area that you’ll write in your Social Security number after printing.
Do I still have access to the forms I already created?
Yes, until 12/31/2017. You can sign in https://www.suzeormanwillandtrust.com/account/login close upgrade offer and sign in with your original Username and Password. Note no changes can be made to these forms, they can be printed with watermark.
Gold Box activation code doesn’t work?
Make sure to add the dashes and the number zero could be a letter O. New activations (purchases in 2017) sequence is number, number, letter-number, number, letter-number, number, letter for example 12A-34B-56C.
Why can't a 529 saving's be in my trust?
A 529 savings is a type of trust itself. The person who opens the account is the custodian similar to a UTMA (Uniform Transfer to Minors Account). Therefore, it’s important to name a successor custodian this way if the custodian dies the successor custodian can manage and not have to get a court involved.
Can I create a simple Will in this program?
No, the program cannot be used to create only a simple Will. The Must-Have Documents uses all four documents to deliver your wishes appropriately, and requires all information to be filled in to complete the program.
What should be included in my dashboard?
Gold box activations will open a dashboard with access to: New MHD, Insurance Selector, Protection Library, Debt Eliminator, Insurance Evaluator, Do’s and Don’ts cards.
Money Tools (HSN-Navy blue edition) activations will open a dashboard with access to: NEW MHD, Insurance Selector, Protection Library & Personal Finance Course.
All other activations will open a dashboard with access to just the New MHD, the customers can access Insurance Evaluator and other items separately as they have in the past.
What are the reasons prior buyers/users would need to upgrade?
1. If they need to make ANY changes or updates to their already notarized forms.
2. If they haven’t had original forms notarized.
3. If they never completed the forms.
Why can’t I use the original forms?
All forms are the original platform have been watermarked so they can’t be printed and used going forward. The original platform has been retired and is no longer being updated to meet current laws.
How do I create a restatement of my Revocable Trust from the original platform?
To restate your Revocable Trust you’ll need to sign up for the “upgrade” begin by selecting one of the options below:
With code: https://accounts.suzeorman.com/landing
Without code: https://www.suzeormanwillandtrust.com/get_code_form
-Fill out all the required fields (recommend having your original copy available). Once you’ve completed filling out everything.
-Go to MY DOCUMENTS, select DO IT located next to the form you’d like to restate, scroll to the bottom and select print and download.
-Go back to MY DOCUMENTS and the Restatement of Trust should be available to review by selecting DO IT, then scrolling to the bottom to download & print.
Does the kit include a quit claim deed?
No, the program does not support a quit claim deed.
What is a Letter to Your Executor, can I type it?
Letter to your Executor A letter to the executor--also known as a non-testamentary letter--of your will designates who gets specific assets that have not already been gifted in your will. You must handwrite this letter and then date and sign it. The letter to your executor can't be typed.
Do You Need to Complete a Revocable Trust?
Yes, you will need to complete one to continue using the program. A revocable trust serves as far more than just where assets are to go upon your death and it does that in an efficient way. Unlike a will, a revocable trust also covers you while you are still alive. It provides for ease of management in the case of incapacity & avoidance of probate. Please view this article for more information on the Revocable Trust and why it's important:
Why is there California law verbiage on my trust?
The laws of the state of California will govern the trust document that you create under the Ultimate Protection Portfolio. Many people ask why we do this and why this is legal. The reason that we do this is that California law is a very modern and user-friendly law in the area of trusts. In my opinion, the laws of California are more favorable to the consumer than those of any other state. The principle that allows us to choose California law to govern our documents, even though we may live in a completely different state, is based on the same principles that allow people to be Delaware corporations even though they’ve never set foot in the state of Delaware. If you buy an automobile that was made in Detroit, I can guarantee you that the contract will probably be governed under the laws of the state of Michigan. The U.S. Supreme Court has said that we may choose which state’s law will govern certain legal matters. This ability to “choose our forum,” as it’s called, is a sophisticated planning technique that’s usually used in very expensive proceedings. We’re making this available to you through the Protection Portfolio so that you can benefit just like the wealthiest families in the United States by choosing the law that’s best for you.
Why are there blank lines in my documents?
For your security, there will be information you need to write in by hand. Generally, sensitive information will need to be entered in manually.
How do I fill in the blank lines in the Revocable Trust?
Here is an example:
Can the Must Have Documents be used if I’m the guardian of someone with special needs?
Suze recommends that anyone that is a guardian to a person with special needs to consult with an attorney that specializes in this area.
When sharing the activation code, what prevents them from seeing my information?
The activation code allows you & your family members to access the account set up area. Each person that uses the code will be directed to set up their own account beginning with creating their personalized user name and password.
What information will I need to fill out the documents?
Your full legal name, address, contact information & birth-date. Spouse (if married) full legal name, birth-date & contact information. Children full legal name & birth-date. Beneficiary full legal name(s)& contact information. Decision makers full legal name(s) and contact information. Note you will not be asked to fill in your Social Security number, there will be a space for you to write it in after printing the documents.
What is a Trust ID?
The Trust is identified using the social security number of the Settlor. If there are two Settlors as in the married trusts, then either spouse's social security number is used. The IRS treasury regulations require the use of the social security number for revocable trusts. The rules are different when a trust is irrevocable so sometimes people get confused. When you file your income tax returns you will continue to file a regular 1040 return using your social security number even is some 1099s have the name of the trust.
What is the Clipboard in the Must-Have Documents program?
Your Clipboard, is a feature that saves Suze's speech bubbles that you choose, for you to read at a later time. It's not required to be used.
How do I add a photo?
Select “Click to upload their photo” your computer will launch to your folders, select your pictures folder, and double clicking on the photo you’ve selected.
Mac computers-when selecting to add a photo, your computer will bring you to your “documents” folder, you’ll need to select your photo’s folder then select the photo.
Having a difficult time finding a notary’s in New York that will notarize my documents?
Refer customers to http://www.snapdocs.com/notary-public/new-york
Should the Financial Power of Attorney have an Agent Acceptance of Appointment Form?
We generally do not include the Agent Acceptance of Appointment because we recommend that the agent sign when the power of attorney is needed, which could be years from now. We found that the banks/institutions are more likely to honor the power of attorney this way.
The Agent Acceptance of Appointment form is often called something similar in other states. New Jersey's is titled "Affidavit Power of Attorney Is In Full Force" while other states just simply call it "Affidavit of Agent."
What US locations are not support in the Will and Trust?
US Virgin Islands, Guam, the Northern Mariana Islands, and Puerto Rico.
Where should a lump sum of cash to a beneficiary be designated?
Specific Gifts You’ve Designated in Your Revocable Trust
Can my heath care decision maker be outside the US?
What is the need if any to have the documents placed in probate?
There is no need to file or lodge the documents with any court while you are alive. The only reason a probate would be required when you die is if you have assets that were not transferred to the trust during your lifetime.
Why are there no field for specifying addresses of beneficiaries?
Addresses change and they have no legal significance to any address. It’s good to leave the addresses in a separate note with your documents.
Can my POA (Power of Attorney), Executor, and Trustee live in another state?
The agents for POA can live anywhere.
Does anyone oversee the Trustee?
The trustee is required to account and if they so not then they can sue in Probate court
What is a third party referring to in the Financial Power of Attorney?
A third party is someone or a company who is not the person signing the power of attorney or named as the agent under the power of attorney. Usually it’s a bank or credit card company or any entity to which the power of attorney is presented to allow the agent appointed to transact business.
Is there consideration for the real property in California they have deeded as “Joint Tenancy” versus the trust which regards the property as “Community Property”?
The best capital gains tax treatment for real estate is to own it as community property. Only community property allows the real estate to receive a stepped up basis on the death of each spouse. That is not the case for joint tenancy.
Can a business account be added to my trust?
Yes, (information can be found in the funding part of the program) If it’s a sole proprietor then we assign the biz and accounts to the trust by an assignment form in the kit. If it’s a corporation or LLC then you reissue stock or the LLC interest in the name of the trust and then the account has to be changed to match
How to add a 401K or other retirement plan as a beneficiary to your trust?
Add in the trust agreement not the will.
Why are birth dates required for children?
This is how the children can properly be identified. Age confirms when a child is entitled to serve as an executor or to receive distributions from the trust.
What if I want a child(ren) to receive different amounts before distributing the remaining assets equally?
Use Specific Gifts in the Revocable trust.
Where do I add real estate as a gift?
Under the Trust Specific Gifts.
Can a witness for my will also be a beneficiary?
If I had a divorce, what do I list my ex-spouse as in the relationship field?
If you were previously married and now divorced, you can list your ex-spouse as N/A if you're planning on listing them in your documents.
Any tax related questions are legal and different for every state.
Please refer to your tax preparer, CPA, EA or tax attorney
How to add a mobile home to my trust?
Automobiles would be designated in the Will, it’s the one papered item that goes in the Will. It would be considered the same as a car. Registering a mobile home in the name of a trust can be done however they would need to hire an attorney most likely to do that just like a deed. In California there is a special state agency that handles such registrations.
Is there a reason we don’t have the relationship selection for a beneficiary of “domestic partner”?
Yes. The domestic partner appellation means different things to different states, etc. We do not believe it is a good way to go when now everyone can be married. The legality of the term domestic partner is not certain anymore.
What rights do step children have?
None, unless a child has legally been adopted.
Married but separated how do I complete the trust?
Select Married and for Family Trust select Separate Properties, this will create a trust named with only the creator.
Last Will and Testament?
Same as Revocable just a different name.
Health Care Directive states vs kit?
"The advance directive and durable power of attorney for health care will print with an "Explanation" at the beginning of the document. This information is a required part of this legal document and should be included as the first page when it's printed.
Initial in ink your choice in section (7) END-OF-LIFE DECISIONS and sign and date the form. Have two witnesses sign at the end of the form where indicated. Anyone that you named as an agent or who is acting as your health care provider may not be a witness. A witness should be a "disinterested" party and must be a legal adult, at least 18 years of age. Then you need to make a trip to a notary public to have your signature notarized.
Once you've completed your advance directive and durable power of attorney for health care, you'll need to create a letter to your doctor or doctors (which can be sent along with a copy of the advance directive and durable power of attorney for health care) to request that the document become a part of your permanent medical records.
Many states have created durable power of attorney for health care forms. We prefer using the form we have created based on our experience. Many of the state forms are confusing and contain provisions you may not intend. Some state forms say that the form becomes invalid if you are a woman carrying a viable fetus, for example. If you would like to see your state's forms, you may download them at http://www.caringinfo.org
If you do decide to use your state's forms, we recommend you complete the one provided in the program in addition to assure you will have a valid form. Keep your original advance directive and durable power of attorney for health care in your Ultimate Protection Portfolio.
How to Revoke (revocation) the Advances Directive Durable Power of Attorney for Heath Care? A revocation for is not needed, by creating a new or updating your Advanced Directive Durable Power of Attorney for Health Care and distributing that will revoke prior dated ADDA for Health Care.
How to revoke (revocation) the Financial Power of Attorney? A revocation for is not needed, by creating a new or updating your Financial Power of Attorney it will revoke the prior dated FPOA.
When may a Health Care Directive be automatically revoked (revocation)? State law may require that a pregnant woman be kept on life support until the fetus can safely be delivered even though the woman has executed a Health Care Directive that expressly prohibits the use of life support. Some states also automatically revoke a medical power of attorner upon divorce if the ex-spouse was appointed as the Power of Attorney. Ofcourse, the death of your Health Care Directive agent would also be cause for automatic revocation.
Where is the domestic partner option? An older version of the Must Have Documents allowed for this selection and I can’t find it anymore.
Since marriage became legal to same-sex couples, there are no benefits to being a domestic partner. The term has lost its legal significance. Only married people can claim Social Security through their spouse and be eligible for a number of other government benefits. Only married people are exempt from state and federal inheritance taxes. Only married people can obtain the double step up in tax basis on capital gains assets as provided for with the community property nature of the trust used in the kit.
This is why we encourage people to marry.
I’d like a professional to review my documents, who can I contact?
Although not necessary, you can contact The Law Office of Janet L. Dobrovolny www.janetdlaw.com for a fee.
How can I view the Suze Orman Terms and Conditions?
Click the link here: Terms and Conditions to view the accepted terms.