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Are Living Trusts Only For Rich People? 

Tree of Life Law Firm
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𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐅𝐫𝐞𝐞 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐂𝐥𝐚𝐬𝐬: www.FreeTrustCl...
Are Living Trusts Only For Rich People? // Do you need a living trust if you’re not rich? This is one of the most common questions people ask and the answer is…YES. Living trusts are not just for rich people. In fact, sometimes the average person needs a trust more than a millionaire. In this video, estate planning lawyer Edmund Yan will share 3 types of people who should create a living trust because if they don’t, it’ll cost their children sometimes 10x more than hiring a good lawyer to set up their trust. He will also show you a free way to make your own trust for free without hiring a lawyer.
#TreeOfLifeLawFirm #arelivingtrustsonlyforrich #livingtrust
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✝️ (𝐅𝐫𝐞𝐞 𝐂𝐥𝐚𝐬𝐬) 𝐇𝐨𝐰 𝐭𝐨 𝐌𝐚𝐤𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐖𝐈𝐓𝐇𝐎𝐔𝐓 𝐇𝐢𝐫𝐢𝐧𝐠 𝐀 𝐋𝐚𝐰𝐲𝐞𝐫: www.FreeTrustCl...
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00:00 - Intro
01:20 - You own a house.
04:34 - You have a bunch of money in your bank accounts and you don’t want your kids to squander it.
07:06 - You want to protect your assets from your spouse’s remarriage.
09:10 - Many other reasons
12:58 - Rich people can afford to waste money in probate court.
15:25 - Watch the Free Living Trust Class
18:13 - Prayer
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Tree of Life Law Firm
(408) 412-1913
www.treeoflife...
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:
www.FreeTrustCl...
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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 RU-vid 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.

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17 авг 2024

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Комментарии : 46   
@treeoflifelawfirm
@treeoflifelawfirm 8 месяцев назад
Hi friends, was this video helpful? Please leave a comment below so we can make more practical videos about living trusts!
@MadOldMan-ck5wq
@MadOldMan-ck5wq 15 дней назад
Looking forward to new videos!
@ConcernCitizen-w1y
@ConcernCitizen-w1y 11 дней назад
Yes it was helpful when are you going to make some videos on the rest of the administration?
@dr.joemarsannekunzer5816
@dr.joemarsannekunzer5816 14 дней назад
I am so thankful to find you. I have struggled finding a trustworthy attorney being charged for simple questions over the phone before I even hired him. Needless to say I wrote in a letter, was refunded and I went on my way. I am willing to pay for an attorney but finding that your guidance is critical. Thank you.
@treeoflifelawfirm
@treeoflifelawfirm 13 дней назад
Glad it was helpful!
@kolobkolobkolobkolob
@kolobkolobkolobkolob 6 месяцев назад
I try find way to contact you but will simply say your videos are simply excellent and you anticipate every question possible ahead of time. Thank you so very much. I've had a child with cancer and resources extremely limited but coming to try to do best and follow your advice and directions. Thank u again
@treeoflifelawfirm
@treeoflifelawfirm 6 месяцев назад
You are welcome. Glad it was helpful. God bless!
@GaryOsborne-df9nw
@GaryOsborne-df9nw 7 месяцев назад
Mr. Tree of wisdom. I need to become a Secured Party Creditor. What should I do.
@treeoflifelawfirm
@treeoflifelawfirm 7 месяцев назад
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.
@buzzy1956
@buzzy1956 4 месяца назад
Bless you for helping others . Such good information . Thank you
@treeoflifelawfirm
@treeoflifelawfirm 4 месяца назад
You are welcome. Glad it was helpful.
@jenniferlee6392
@jenniferlee6392 8 месяцев назад
Thank you for your sharing, it helps me understand more about Living Trust!... I wish you and your family are always healthy and happy !....
@treeoflifelawfirm
@treeoflifelawfirm 8 месяцев назад
You are welcome. Glad it was helpful!
@haruuwu9356
@haruuwu9356 6 месяцев назад
Hello! Thanks for all your videos! Just found your videos and super helpful! Do you have a video about adding a spouse of 10+ or so 2:13 years in the title before putting it on trust?
@treeoflifelawfirm
@treeoflifelawfirm 6 месяцев назад
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.
@godsloveforthegrievingwido7688
@godsloveforthegrievingwido7688 8 месяцев назад
Thank you so much for being so transparent I appreciate that God has truly been faithful to me it's been hard for me previously to trust him when it comes down to money but he has never left me North forsake me like he said he truly have provided for me since I lost my husband
@davek3304
@davek3304 7 месяцев назад
Thank you so much for this video to help others and thank you for your openness of sharing the gospel of Jesus Christ especially at this time when the country seems to be falling apart but as Christian’s we have hope thank you so much
@SangNguyen-hh8fs
@SangNguyen-hh8fs 5 месяцев назад
Thank you so much for sharing and guidance! Appreciate your time and share the Bible verse! Love it!!!
@treeoflifelawfirm
@treeoflifelawfirm 5 месяцев назад
You are welcome. God bless!
@rallydv
@rallydv 8 месяцев назад
Is Living Trust on your home better than having a Deed Upon Death? Thank you for your videos….
@treeoflifelawfirm
@treeoflifelawfirm 8 месяцев назад
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.
@paulineong7232
@paulineong7232 3 месяца назад
What if you still have a mortgage on the house? Can you still set up a trust?
@treeoflifelawfirm
@treeoflifelawfirm 3 месяца назад
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.
@godsloveforthegrievingwido7688
@godsloveforthegrievingwido7688 8 месяцев назад
I have rolled up the trust I have everything done I am stuck at the part of adding your feed into the trust
@jillchess4880
@jillchess4880 2 месяца назад
What is your understanding of the ‘5-year look back’ as it relates to trusts?
@treeoflifelawfirm
@treeoflifelawfirm 2 месяца назад
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.
@TrustRuss-r1t
@TrustRuss-r1t 13 дней назад
We took care of both sets of parents at home without scamming the taxpayers and got closer to mothers and fathers.
@theresemintz2858
@theresemintz2858 6 месяцев назад
We created a family trust years ago but we owned different properties at the time. my 2 properties are not mentioned in this revocable trust. My husband recently passed away and I'm the sole surviving spouse. I want to avoid probate and make my 3 kids equal beneficiaries. Do I still need to transfer the deeds into this Trust?
@treeoflifelawfirm
@treeoflifelawfirm 6 месяцев назад
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.
@TrustRuss-r1t
@TrustRuss-r1t 13 дней назад
This old man says yes in a few months get an Administration Lawyer to transfer the properties into the name of the Trust called funding to avoid probate and upgrade it to a NICER Crime Free Inheritance Transfer Plan with a complete Administration to avoid the Estate Plan mistakes that cost our family 50% in Litigation billable hours and related costs.
@laurasargent8746
@laurasargent8746 7 месяцев назад
Hi great information thank you. If using the LawDepot template do we have the option to name the living trust itself? I don’t want to point out that this trust is revocable in the title. Does it matter? Thoughts?
@treeoflifelawfirm
@treeoflifelawfirm 7 месяцев назад
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.
@joniroylance8729
@joniroylance8729 5 месяцев назад
I’m in Sarasota, Florida! I’m elderly, not in great health! I need to make Trust soon! I heard about an irrevocable living trust? I need. A power of attorney to speak for me in case I can’t speak for myself. I can’t afford N attorney here…. A large payment required thatI don’t have! What an I do?
@treeoflifelawfirm
@treeoflifelawfirm 5 месяцев назад
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.
@joniroylance8729
@joniroylance8729 5 месяцев назад
When I found you by accident and saw the name, Jesus, by your name, I knew I found some one so very honest and knowledgeable too! I thank God and Jesus too for your helpfulness ! I still don’t know what to do to add my sons name on my house, as I was rushed to the ER over the weekend! My heart is giving out? I have to hurry and find some attorney that will not charge as much as they do, if that is even possible? I have limited time left, and I thank you with all of my heart! Always we should remember the Lords Prayer: Our Father who are in Heaven, hallowed be thy NAME, Thy Kingdom come. Thy Will be done in EARTH, as it is in Heaven. That Kingdom we pray for is a reality and will bring us. Peace and security! Jesus will be coming soon! He will be ruling from Heaven over the earth. Things will finally return to the way God intended in the beginning… with Adam and Eve. They lost the paradise due to disobedience, however we have the chance to regain that paradise the way it was intended to be on this earth! That’s why Jesus wanted us to pray his prayer… the Lord’s Prayer! There is so much in the Bible about the Kingdom, I hope everyone looks into it in the Bible! Jesus wanted it preached in all of the inhabited Earth for a witness to all the nations, and then the End would come! We’re almost there.. read Matthew 24:14 …. Love and blessings to you all!❤️
@TrustRuss-r1t
@TrustRuss-r1t 13 дней назад
This old man says find an administration lawyer who puts their clients needs ahead of their own without the large payment to install a NICER Crime Free Inheritance Transfer Plan when it goes globall in a few months with millions of Jobs in Justice with a complete administration instead of an easy to forge Estate Plan.
@missycalhoun6319
@missycalhoun6319 7 месяцев назад
Only a vessel for Christ would freely offer this wisdom. I keep saying that if I had certain knowledge that could help folks out, I would be screaming it from the rooftops. You have changed my view on lawyers (well, you, but that's progress, lol). God bless you and your family. I pray Jesus does come back soon!
@treeoflifelawfirm
@treeoflifelawfirm 6 месяцев назад
Thank you and God bless!
@MadOldMan-ck5wq
@MadOldMan-ck5wq 4 месяца назад
Christ paid for the sins of the world not just for an inexperienced lawyer giving you just enough information to steal each others homes and put you on the street like it did us. You need a Fiduciary Security Lawyer’s forgery proof Arbiter Interdiction administration Permission Ledger Validation Certification Trust. With 5 to 25 Arbiter Validation Notary Guardians to keep greedy siblings and Dysmorphic Estate Planners from cheating.
@45651121
@45651121 3 месяца назад
Young sir...do you do business trust...😊😊😊😊😊😊😊
@treeoflifelawfirm
@treeoflifelawfirm 3 месяца назад
Hello, the areas we cover are California and New York.
@45651121
@45651121 3 месяца назад
@@treeoflifelawfirm do you form business trusts
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