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

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Tree of Life Law Firm

: http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com

Can A Beneficiary Also Be The Trustee Of A Living Trust? // Are you considering setting up a living trust and curious about whether a beneficiary can also take on the role of a trustee? In this video, estate planning lawyer Edmund Yan will explore the unique dynamics of having both roles, uncovering the advantages and considerations. Discover the complexities and find the best approach for your living trust.

#TreeOfLifeLawFirm #trustee #beneficiary #livingtrust #estateplanning
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✝ ( ) : http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com

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00:00 Intro
01:15 Today’s Questions and Answers
01:55 What are the differences between a beneficiary and a trustee?
05:30 What are the advantages and disadvantages of having a beneficiary be the trustee?
11:25 What are the solutions to avoid big problems when a beneficiary is also the trustee?
12:47 Carefully decide whether naming a beneficiary as the trustee is a right choice!
13:36 Watch the Free Living Trust Class
15:22 Prayer
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Tree of Life Law Firm
(408) 4121913
https://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 limitedtime only, so click the link below to watch now before this class is no longer offered:

http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com'>http://www.FreeTrustClass.com'>http://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)

Thanks for watching! If you enjoyed this video and want to see more like it, be sure to hit that subscribe button and turn on notifications so you never miss a new upload.
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Legal Disclaimer:

The information in this YouTube video (1) is not, nor is it intended to be, legal advice; (2) does not create an attorneyclient 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 attorneyclient relationship unless an attorneyclient 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.

posted by Eissorteoc