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What is a Trust Protector and Do I NEED One? Estate Planning Tips 

CunninghamLegal
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Estate Planning Attorney explains Trust Protectors vs trust advisor, the trust protector functions, monitor trustees, grantor 👉 Book a Call at cunninghamlegal.com/book-your... to get estate planning lawyer's help setting up trust protector.
Trust Protectors can play a vital but often misunderstood role in estate planning. Our attorneys often build Trust Protectors into cutting-edge trusts to provide much-needed flexibility following the death of a loved one. Unfortunately, clients are often unaware of the benefits, and may even be fearful of including a Protector in a Trust.
In this legal webinar, we closely examine the role of the Trust Protector, their duties and powers, and how they can take action when needed-critical information for all Trust Grantors and their advisors.
In this legal webinar we talk about the top five reasons to consider a Trust Protector including:
1. Tax Reasons
2. Long-Term Trusts
3. Special assets in a Trust
4. Privacy
5. Limited authority of Trustee
Find out if a Trust Protector is right for you!
To watch this video on our website, click here: www.cunninghamlegal.com/legal...
For more information about Trust Protectors, click here:
www.cunninghamlegal.com/what-...
👉 Book a Call at cunninghamlegal.com/book-your...
for California Living Trusts, Estate Planning, and Trust Administration.
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CONTACT us at cunninghamlegal.com/californi... to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California.
WEBSITE: www.CunninghamLegal.com for California Estate Planning information
FREE LEGAL WEBINARS: www.CunninghamLegal.com/webinars includes Q&As with expert attorneys!
PHONE: 1-866-988-3956 for a consultation on a California Living Trust!
© 2021 CunninghamLegal, 5.23.24
#cunninghamlegal #estateplanning #livingtrust

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27 апр 2021

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Комментарии : 18   
@gilbrook
@gilbrook 2 года назад
Outstanding estate education videos!
@CunninghamLegal
@CunninghamLegal 2 года назад
Thank you so much! We appreciate the feedback! Please subscribe and continue to watch our weekly financial updates! Have a great day!
@cefcat5733
@cefcat5733 3 месяца назад
If nobody is dead, is the Trustee one of the parties, or are the Grantor and Beneficiaries the only parties concerned, in modifying a Trust?❤ Thank you for this video. It's my intro, to Trusts.
@CunninghamLegal
@CunninghamLegal 3 месяца назад
Here's a 30-minute video on the Roles of People named in a Trust: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Y3Lv3mRRhaQ.html. Typically, if everyone named in a Revocable Living Trust is still alive and have capacity, the Grantors (Trust creators) can modify the Trust.
@CunninghamLegal
@CunninghamLegal 3 месяца назад
Typically, the Trust Protector is only needed when the trust become irrevocable. A living trust usually becomes irrevocable at death.
@cefcat5733
@cefcat5733 2 месяца назад
@@CunninghamLegal Thank you so much.
@stevenmeek9756
@stevenmeek9756 Год назад
Great information on TRUSTS. What's be irrevocable or revocable, thank you.
@CunninghamLegal
@CunninghamLegal Год назад
Thank you! To explain a little further, please watch the beginning of this video on How a Trust Works: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-FNX5eLfLtSc.html. It covers the difference between irrevocable and revocable trusts in the first 5 minutes.
@stevenmeek9756
@stevenmeek9756 Год назад
Thank you for replying.
@nightgalaxy-pz2bc
@nightgalaxy-pz2bc 3 месяца назад
Can you indicate in the trust that the trust protector has the duty to monitor the trustee?
@CunninghamLegal
@CunninghamLegal 3 месяца назад
Perhaps. If the Trust Protector is required to actively monitor the trustee, expect such a person to be appropriately compensated for the time involved and/or weight of responsibility.
@KTannen
@KTannen 2 года назад
I’m late watching this, who is the best person to be the pruster
@CunninghamLegal
@CunninghamLegal 2 года назад
Do you mean Trustee? If so, it should be an honest person, smart person, over the age of 18 and who is a resident of the United States.
@dianabenson6232
@dianabenson6232 3 года назад
Jim-can you send me the slides to your Trust Protector video please. Thank you.
@Ducoche
@Ducoche 8 дней назад
May I please ask - is there a requirement for trust protector to be a Cayman resident? Thank you.
@CunninghamLegal
@CunninghamLegal 5 дней назад
That is not a requirement to be a Trust Protector, but you will need a U.S. Trustee if you have a US Trust and you are not a United States citizen residing in the United States or a U.S. permanent resident.
@Ducoche
@Ducoche 14 часов назад
@@CunninghamLegal thank you!
@shaungorham7959
@shaungorham7959 2 года назад
Afghanistan, Great.
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