Top 7 Mistakes Homeowners Make With Living Trusts (Living Trusts Explained)

𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐅𝐫𝐞𝐞 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐂𝐥𝐚𝐬𝐬: www.FreeTrustClass.com
Top 7 Mistakes Homeowners Make With Living Trusts (Living Trusts Explained) // What if I told you that a living trust does NOT help you avoid probate? What if I told you the house you worked so hard for will end up in the hands of the wrong people In this video, living trust lawyer Edmund Yan reveals common mistakes homeowners make so you can avoid these problems:
- Your family could waste tens of thousands
- Your house could be stuck in probate for years
- The wrong people could inherit your house
- Your house could end up in foreclosure
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✝️ (𝐅𝐫𝐞𝐞 𝐂𝐥𝐚𝐬𝐬) 𝐇𝐨𝐰 𝐭𝐨 𝐌𝐚𝐤𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐖𝐈𝐓𝐇𝐎𝐔𝐓 𝐇𝐢𝐫𝐢𝐧𝐠 𝐀 𝐋𝐚𝐰𝐲𝐞𝐫: www.FreeTrustClass.com
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00:00 - Intro
02:05 - Failing to properly transfer your house into your living trust…while you’re alive
05:13 - Choosing the wrong trustee
08:13 - Failing to name backup beneficiaries in your living trust
09:40 - Failing to transfer your house back into your living trust after refinancing
11:26 - Adding your children as an owner of your house while you’re alive
13:27 - Failing to have a plan to pay for your mortgages after you die
15:02 - Failing to plan for property tax increases
16:40 - Watch the Free Class
17:10 - Prayer
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Tree of Life Law Firm
[phone]
www.treeoflife.legal
Attorney Edmund Yan is on a mission to empower you and every homeowner in America (regardless of your budget) to make your own trust that actually works and actually protects your house and family from probate court.
Join Edmund in this free class as he reveals secrets that other lawyers don't want you to know... because after watching this class, many of you will be able to do it yourself without dipping into your savings to hire a lawyer to do it. Due to Edmund's demanding schedule, this free class is for a limited-time only, so click the link below to watch now before this class is no longer offered:
www.FreeTrustClass.com
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About Attorney Edmund Yan:
Hi, Edmund here. I’ve helped hundreds of clients design a meaningful future and leave a legacy of love. Because of my dedication to my clients, I’ve received many humbling awards, including:
🏆 Awarded 10 Best Estate Planning Attorney (AIOLC)
🏆 Clients' Choice Award (Avvo)
🏆 Voted in the top 2.5% of estate planning attorneys under 40 years old for 6 straight years (Super Lawyers Rising Star)
Subscribe to my channel to learn more about how to make your own living trust!
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Legal Disclaimer:
The information in this TH-cam video (1) is not, nor is it intended to be, legal advice; (2) does not create an attorney-client relationship between you and our law firm; (3) provides personal perspectives on legal news and developments; and (4) is provided solely for informational purposes and may be considered ATTORNEY ADVERTISING. We do not warrant that this information is complete or accurate, and we encourage you to do your own legal research or hire an attorney to ensure your legal questions are answered. We do not guarantee that you and your family will avoid probate court. Results vary depending on your own ability to make your living trust and other estate planning documents correctly. Watching this video, leaving a comment, or communicating with Edmund Yan or Tree of Life Law Firm by email or over the Internet does not create any attorney-client relationship unless an attorney-client agreement is signed. Edmund Yan is licensed in California and New York only. Prior results do not guarantee a similar outcome. If you have legal questions specific to your unique situation, you should speak to an attorney in your state.

[@treeoflifelawfirm]

Hi friends, was this video helpful? Comment below if you'd like us to make another video to answer homeowners' questions about living trusts!

[@JudgeCommitee-ck5wq]

Good morning Mr Yan we are sick and tired of families being victimized by the Estate Plan Mistakes so we will hire Forgery Proof Trust Administration Lawyers with instructions on Empire College School of Law TH-cam Post to avoid the Equity Elder Abuse.

[@sumisumi5214]

thank you sharing this was very helpful

[@treeoflifelawfirm]

You are welcome. Glad it was helpful!

[@SangNguyen-hh8fs]

Thanks, for sharing.

[@treeoflifelawfirm]

You're most welcome, Sang!

[@alias4lifee]

This is good to know. Will property taxes increase after parents death, eventhough the Trust owns the property? The trust doesn't die so how can they have this death statue?

[@treeoflifelawfirm]

Thank you for reaching out and leaving a comment! We appreciate your interest in our channel. Your question has been added to our list of video topics and we will certainly consider it for a future video. While we can't promise that we'll get to every question, rest assured that we're doing our best to bring you the most relevant and helpful content. Keep an eye out for future videos and keep the questions coming!
Please note that this is not legal or financial advice and we have no legal obligation to answer your questions. Our response is not, nor is it intended to be legal advice, to create an attorney-client relationship between you and Tree of Life Law Firm or any of its attorneys, or to be an offer to create such an attorney-client relationship. The information is provided for general information and educational purposes only and is not a substitute for professional advice. If you need personal legal or financial advice, please consult a legal or financial professional immediately. Do not take any action, postpone any action, or decline to take any proposed action based on this information without first engaging the representation of a licensed attorney at law in your State of residence. THE USE OR RELIANCE OF ANY INFORMATION CONTAINED IN THESE COMMENTS IS SOLELY AT YOUR OWN RISK. God bless.

[@xxxxxx-br2vi]

Hello Ed, the FreeTrustClass link is not working properly. I get no email, reregister does not work, and I have tried several times. Please advise.

[@xxxxxx-br2vi]

Nothing in the spam folder either.

[@treeoflifelawfirm]

Hi there, did you check your spam folder? If you still haven't received it, please email us at [e-mail] and we'll send you the link to watch. God bless!