Can A Beneficiary Also Be The Trustee Of A Living Trust?

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  • เผยแพร่เมื่อ 5 ม.ค. 2025

ความคิดเห็น • 58

  • @treeoflifelawfirm
    @treeoflifelawfirm  ปีที่แล้ว +13

    Hi friends, was this video helpful? Please leave a comment below so we can make more practical videos about beneficiaries and trustees!

    • @lenasvoboda4821
      @lenasvoboda4821 10 หลายเดือนก่อน

      Hi ,
      Thank you for providing such a thorough explanation.
      Your videos were extremely beneficial and I would greatly appreciate it if you could create more.

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 8 หลายเดือนก่อน

      Are you a Trust Administration Lawyer that performs the dozens of steps needed to avoid Trust Forgery or Estate Planner installing just a few steps?

  • @trangnguyen-yx9px
    @trangnguyen-yx9px ปีที่แล้ว +4

    Edmund is a great teacher, he’s explaining things in simple ways that easy to understand. Thank you!

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว +1

      You are welcome. Glad it was helpful!

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 8 หลายเดือนก่อน

      Older clients know it’s not as easy as it sounds legal documents in the hands of citizens are stealing our homes and putting us on the street.

  • @thandomchunu3002
    @thandomchunu3002 ปีที่แล้ว +2

    Very helpful video, things to consider before starting a Trust. I'm a father of two and just got introduced to the idea of Trust

  • @lisaleelee9847
    @lisaleelee9847 6 หลายเดือนก่อน

    Amen, God is good all the time. Thanks for the advice and for praying for everyone in here

  • @christinewu8481
    @christinewu8481 11 หลายเดือนก่อน

    This is very clear and helpful. Thanks for doing the education and your love of God, Edmund!

    • @treeoflifelawfirm
      @treeoflifelawfirm  11 หลายเดือนก่อน

      You're welcome. Glad it was helpful!

  • @Rfrancoisx
    @Rfrancoisx ปีที่แล้ว +2

    Thank you for all this timely information!

  • @potatoechung
    @potatoechung 7 หลายเดือนก่อน

    Edmund, you are a God-sent angel. May you and all your loved ones be blessed every day. Too bad my husband and I are in Texas! Is your practice only limited to serving Californians?

    • @treeoflifelawfirm
      @treeoflifelawfirm  7 หลายเดือนก่อน

      Hello, please call us at (408) 412-1913 to schedule a free phone consultation.

  • @opportunix
    @opportunix ปีที่แล้ว +1

    Thanks brother this was very helpful. More would be appreciated. Cheers

  • @daisymarks6566
    @daisymarks6566 6 หลายเดือนก่อน

    It was very helpful thank you! How refreshing to have a Christian praying over their work. Amem!

    • @treeoflifelawfirm
      @treeoflifelawfirm  6 หลายเดือนก่อน

      You're welcome. Glad it was helpful!

  • @bettyjones973
    @bettyjones973 10 หลายเดือนก่อน

    ❤Thank you for being soooo understandable!!

  • @unisalon
    @unisalon ปีที่แล้ว +1

    Hi Edmund, do you do or teach on your workshop special need trust. please let me know , i would like to sign up.
    thanks Michael

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      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.

  • @SpiceRadio504
    @SpiceRadio504 9 หลายเดือนก่อน +1

  • @MARGARETTONG-cw5qs
    @MARGARETTONG-cw5qs ปีที่แล้ว

    I want to update my revocable living trust which was done by myself three to four years ago. Is that something you can assist?

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      Hi Margarett, nice to meet you. If you'd like, we can schedule a call so I can get to know your family and see how we can help you.
      Please call our office at (408) 412-1913... or fill out the form on the bottom of my website to book a date/time with our attorney Edmund Yan:
      www.treeoflife.legal
      Please note that this is not legal or financial advice. My 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. 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.

  • @robbonslett8888
    @robbonslett8888 10 หลายเดือนก่อน

    Does you firm offer legal advice for CA residents for the trustee after the trustor passes from these trusts you are showing ste-by-step on?
    I enjoy your videos and your bravery with your faith : )

    • @treeoflifelawfirm
      @treeoflifelawfirm  10 หลายเดือนก่อน

      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.

  • @sharperatio88
    @sharperatio88 5 หลายเดือนก่อน

    Can you somehow turn down the music in the background? You provide such good details but it's hard to listen to with that muzak playing.

    • @treeoflifelawfirm
      @treeoflifelawfirm  5 หลายเดือนก่อน

      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.

  • @lankiszabo5576
    @lankiszabo5576 10 หลายเดือนก่อน

    Want to learn more

  • @ellenjoyner5394
    @ellenjoyner5394 5 หลายเดือนก่อน

    I would like to talk to you about what I should do about leaving to my children.

    • @treeoflifelawfirm
      @treeoflifelawfirm  5 หลายเดือนก่อน

      Hello, you may call us at ‪(408) 412-1913 and we'll be happy to help.

  • @HOAIBACT
    @HOAIBACT ปีที่แล้ว

    Hi Yan, I have 2 estates from 2 different states. I will have my living trust done soon in my primary state.
    Do I need to have another lawyer firm done for the one in another state for the 2nd estate? Thank you!

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว +1

      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.

  • @evelynbrouzas3186
    @evelynbrouzas3186 8 หลายเดือนก่อน

    Hello I asked a lawyer to transfer my property to living trust
    I am d grantor n I’m d trustee n my lawyer added another name next to me how do I correct this I asked another lawyer to help me but failed to help me can I hire another lawyer to do another trust transfer but d county Assesor has increase my tax n said there’s change of ownership do I need to take this matter to court for fraud

    • @treeoflifelawfirm
      @treeoflifelawfirm  8 หลายเดือนก่อน

      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.

  • @glenstern8989
    @glenstern8989 ปีที่แล้ว

    Glen Stern 👤💭12:02 P.M. Fr 07.28.2023
    Figuratively speaking - is it true a legal California entity (ie., a company or another type of trust - say an individual living trust) to act as a grantor and trustee , to a trust? If for whatever reason you are not allowed to answer my question, please let me know and I will understand and be no less appreciative. Thanx.

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      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.

  • @superfluous5480
    @superfluous5480 ปีที่แล้ว

    Hi Edmund, would it be beneficial to setup an anonymous LLC and make beneficiaries members and use the LLC as Trustee?

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      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.

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 9 หลายเดือนก่อน

      This old man says LLC thieves steal it so get a Traditional Family Lawyer including Edmund if he distinguishes himself among his peers advancing his career to install a forgery proof NICER Permission Ledger Validation certification Trust Prebate Probate Nickel and Dime alternative to DIY Litigation Quartet.

  • @LinhNguyen-sp3il
    @LinhNguyen-sp3il 2 หลายเดือนก่อน

    You seems wonderfull ! How to contact you?

  • @lindatian7929
    @lindatian7929 ปีที่แล้ว

    Your class is for California residents, right?

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      Hi, the free trust class is also for anyone outside California.

  • @Rumotorizednosparknoride-w9i
    @Rumotorizednosparknoride-w9i 4 หลายเดือนก่อน

    If your father passed away and your mother was left the money and you were put on a trust with your brother can your mother just give it away to anybody she wants even know that's what your dad said we were supposed to do

    • @treeoflifelawfirm
      @treeoflifelawfirm  4 หลายเดือนก่อน

      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.

  • @karenribby5920
    @karenribby5920 ปีที่แล้ว

    I want to name 2of my children as co-trustees, and they are also beneficiaries….will this work?

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      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.

  • @Divine_healing
    @Divine_healing ปีที่แล้ว

    Can you do two trustees?

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      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.

  • @lantdo6636
    @lantdo6636 ปีที่แล้ว

    Hi please answer my question
    I am 65 years old, i am getting the help in In home support services from County CA long time
    I have charged my money from my house after i die and i put my house in trutees? Currently My son lives at home with me and he is beneficiary
    Thank you so much, hope you respond me as soon as possible

    • @treeoflifelawfirm
      @treeoflifelawfirm  ปีที่แล้ว

      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.

  • @pilarfish4019
    @pilarfish4019 6 หลายเดือนก่อน

    Can a wife be name the beneficiary and trustee?

    • @treeoflifelawfirm
      @treeoflifelawfirm  6 หลายเดือนก่อน

      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.