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

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  • Опубліковано 29 лис 2024

КОМЕНТАРІ • 58

  • @treeoflifelawfirm
    @treeoflifelawfirm  Рік тому +12

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

    • @lenasvoboda4821
      @lenasvoboda4821 9 місяців тому

      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 6 місяців тому

      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 Рік тому +4

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

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому +1

      You are welcome. Glad it was helpful!

    • @AlexShantyOldLawModel
      @AlexShantyOldLawModel 7 місяців тому

      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 Рік тому +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 4 місяці тому

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

  • @Rfrancoisx
    @Rfrancoisx Рік тому +2

    Thank you for all this timely information!

  • @christinewu8481
    @christinewu8481 10 місяців тому

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

  • @potatoechung
    @potatoechung 5 місяців тому

    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  5 місяців тому

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

  • @opportunix
    @opportunix Рік тому +1

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

  • @daisymarks6566
    @daisymarks6566 5 місяців тому

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

  • @unisalon
    @unisalon Рік тому +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  Рік тому

      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 9 місяців тому

    Want to learn more

  • @bettyjones973
    @bettyjones973 8 місяців тому

    ❤Thank you for being soooo understandable!!

  • @SpiceRadio504
    @SpiceRadio504 8 місяців тому +1

  • @robbonslett8888
    @robbonslett8888 9 місяців тому

    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  9 місяців тому

      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.

  • @MARGARETTONG-cw5qs
    @MARGARETTONG-cw5qs Рік тому

    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  Рік тому

      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.

  • @lindatian7929
    @lindatian7929 Рік тому

    Your class is for California residents, right?

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому

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

  • @HOAIBACT
    @HOAIBACT Рік тому

    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  Рік тому +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.

  • @sharperatio88
    @sharperatio88 4 місяці тому

    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  4 місяці тому

      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.

  • @ellenjoyner5394
    @ellenjoyner5394 3 місяці тому

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

    • @treeoflifelawfirm
      @treeoflifelawfirm  3 місяці тому

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

  • @evelynbrouzas3186
    @evelynbrouzas3186 6 місяців тому

    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  6 місяців тому

      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 11 місяців тому

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

    • @treeoflifelawfirm
      @treeoflifelawfirm  10 місяців тому

      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 7 місяців тому

      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 Місяць тому

    You seems wonderfull ! How to contact you?

  • @karenribby5920
    @karenribby5920 Рік тому

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

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому

      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 Рік тому

    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  Рік тому

      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 Рік тому

    Can you do two trustees?

    • @treeoflifelawfirm
      @treeoflifelawfirm  Рік тому

      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.

  • @Rumotorizednosparknoride-w9i
    @Rumotorizednosparknoride-w9i 3 місяці тому

    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  3 місяці тому

      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 Рік тому

    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  Рік тому

      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 5 місяців тому

    Can a wife be name the beneficiary and trustee?

    • @treeoflifelawfirm
      @treeoflifelawfirm  5 місяців тому

      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.