What is a Trust? Learn about trust protectors and administrative trusts to take steps to help secure your assets and your legacy. 👉 Book a Call at https://www.cunninghamlegal.com/book-your-appointment/ for estate planning, living trusts, and administrative trusts.
What exactly IS a living trust? Dive into our video to learn about trust protectors and administrative trusts. Discover how a trust protector differs from a trustee, and why these roles are crucial in managing and safeguarding your assets. Whether you’re setting up a living trust or want to understand how they operate, this video provides valuable insights into the responsibilities and powers of a trust protector, trustee, grantor, and beneficiary- AND covers the purpose of a living trust. Watch now to enhance your understanding so your estate planning can be effective and secure.
–Contents of this video———-
0:00 Intro to What is a living trust
0:28 Office locations
0:50 Disclaimer
1:13 How many kinds of trusts…31!
3:56 How do living trusts work?
9:27 Example: Able and Baker
14:12 Traditional estate plan
15:40 How to know if its a good living trust
18:54 Why are trusts so long?
21:27 What is an estate plan
27:20 Why have an estate plan
28:04 Why is it important to have an updated trust
29:30 Why have a trust protector?
32:09 what is the difference between a will and a trust
33:16 What is the corporate transparency act?
👉 Book a Call at https://www.cunninghamlegal.com/book-your-appointment/ to learn how to make a living trust, avoid California estate tax, and talk to a family trust lawyer.
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