๐๐๐ ๐ข๐ฌ๐ญ๐๐ซ ๐๐จ๐ซ ๐ญ๐ก๐ ๐
๐ซ๐๐ ๐๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐ฎ๐ฌ๐ญ ๐๐ฅ๐๐ฌ๐ฌ: http://www.FreeTrustClass.com
Trustee vs Trustor Explained: Key Differences to Avoid Estate Planning Mistakes // Whatโs the difference between a Trustee and a Trustor in a revocable living trust? One of the most overlooked yet critical issues is misunderstanding the roles of trustee and trustor. Without clear knowledge of who does what, you could end up with a trustee who isnโt equipped for the job, instructions that leave room for conflict, or an estate plan that fails to achieve your goals. The result? Unnecessary stress for your family and potential harm to your legacy. In this video, estate planning lawyer Edmund Yan will break down these two critical roles in plain English. By the end, youโll know how to avoid common mistakes, pick the right people for the job, and feel confident your estate plan will stand the test of time.
#TreeOfLifeLawFirm #TrusteeVsTrustor #LivingTrust
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๐ซ๐๐ ๐๐ฅ๐๐ฌ๐ฌ) ๐๐จ๐ฐ ๐ญ๐จ ๐๐๐ค๐ ๐๐จ๐ฎ๐ซ ๐๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐ฎ๐ฌ๐ญ ๐๐๐๐๐๐๐ ๐๐ข๐ซ๐ข๐ง๐ ๐ ๐๐๐ฐ๐ฒ๐๐ซ: http://www.FreeTrustClass.com
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00:00 - Intro
01:22 - Trustee vs. Trustor: Whatโs the Difference?
06:35 - Why Understanding These Roles Is Critical
12:44 - Common Missteps and How to Avoid Them
12:50 - 1. Mistake: Choosing the Wrong Trustee
15:00 - 2. Mistake: Not Communicating Your Wishes Clearly
15:54 - 3. Mistake: Forgetting to Update the Trust
16:59 - Real-Life Scenarios to Learn From
19:16 - Practical Tips for Success
19:19 - 1. As a Trustor
20:08 - 2. As a Trustee
21:08 - Watch the Free Living Trust Class
21:33 - Prayer
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Tree of Life Law Firm
(408) 412-1913
https://www.treeoflife.legal
๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐๐ ๐
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๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐. ๐๐ ๐๐จ ๐ง๐จ๐ญ ๐จ๐๐๐๐ซ ๐๐ซ๐๐ ๐ฅ๐๐ ๐๐ฅ ๐๐๐ฏ๐ข๐๐. ๐๐ง๐ฅ๐ฒ ๐๐จ๐ง๐ญ๐๐๐ญ ๐ฎ๐ฌ ๐ข๐ ๐ฒ๐จ๐ฎ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐ก๐ข๐ซ๐ ๐ฎ๐ฌ ๐๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฌ๐ญ๐๐ญ๐ ๐ฉ๐ฅ๐๐ง๐ง๐ข๐ง๐ ๐๐ญ๐ญ๐จ๐ซ๐ง๐๐ฒ.
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:
http://www.FreeTrustClass.com
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About Attorney Edmund Yan:
Hi, Edmund here. Iโve helped hundreds of clients design a meaningful future and leave a legacy of love. Because of my dedication to my clients, Iโve received many humbling awards, including:
๐ Awarded 10 Best Estate Planning Attorney (AIOLC)
๐ Clients' Choice Award (Avvo)
๐ Voted in the top 2.5% of estate planning attorneys under 40 years old for 7 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 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.