Testamentary Trust vs Living Trust: Why a Living Trust Is Usually Better for Your Family

Описание: 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐅𝐫𝐞𝐞 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐂𝐥𝐚𝐬𝐬: http://www.FreeTrustClass.com

Testamentary Trust vs Living Trust: Why a Living Trust Is Usually Better for Your Family // Should you rely on a testamentary trust in your will or set up a revocable living trust now? Many families hear both terms and assume they’re basically the same. They’re not—and choosing the wrong one can drag your loved ones into probate, extra costs, and unnecessary court supervision. In this video, Estate Planning Attorney Edmund Yan explains testamentary trust vs living trust in clear, simple language and shows why a funded living trust is usually a better tool for parents and homeowners who want to avoid probate and protect their children.

You’ll learn:
What a testamentary trust is and how it differs from a living trust
How probate works when your trust is created under a will
How control, privacy, and costs compare between a testamentary trust and a living trust
How these choices affect minor children, blended families, and special situations
When a testamentary trust might be used, and why a living trust is usually the wiser choice

#TreeOfLifeLawFirm #EstatePlanning #LivingTrust #TestamentaryTrust #TestamentaryTrustVsLivingTrust
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✝️ (𝐅𝐫𝐞𝐞 𝐂𝐥𝐚𝐬𝐬) 𝐇𝐨𝐰 𝐭𝐨 𝐌𝐚𝐤𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐯𝐢𝐧𝐠 𝐓𝐫𝐮𝐬𝐭 𝐖𝐈𝐓𝐇𝐎𝐔𝐓 𝐇𝐢𝐫𝐢𝐧𝐠 𝐀 𝐋𝐚𝐰𝐲𝐞𝐫: http://www.FreeTrustClass.com

If you’re wondering whether to rely on a “trust in my will” or set up a revocable living trust, this video will help you see the differences and choose a plan that better serves your family.
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Timestamps:
00:00 – Testamentary Trust vs Living Trust: What’s the Difference?
01:14 – What You’ll Learn Today
01:45 – What is a testamentary trust and how is it different from a living trust?
03:45 – How does probate work when you use a testamentary trust instead of a living trust?
06:14 – How do control, privacy, and costs compare between a testamentary trust and a living trust?
10:50 – When might a testamentary trust make sense and why is a living trust usually the better choice?
12:55 – Free class invitation
13:50 – Biblical wisdom & eternal perspective
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Tree of Life Law Firm
(408) 412-1913
https://www.treeoflife.legal
🛑 𝐃𝐎 𝐍𝐎𝐓 𝐂𝐀𝐋𝐋 𝐔𝐒 𝐅𝐎𝐑 𝐅𝐑𝐄𝐄 𝐋𝐄𝐆𝐀𝐋 𝐀𝐃𝐕𝐈𝐂𝐄. 𝐖𝐞 𝐝𝐨 𝐧𝐨𝐭 𝐨𝐟𝐟𝐞𝐫 𝐟𝐫𝐞𝐞 𝐥𝐞𝐠𝐚𝐥 𝐚𝐝𝐯𝐢𝐜𝐞. 𝐎𝐧𝐥𝐲 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 𝐢𝐟 𝐲𝐨𝐮 𝐰𝐚𝐧𝐭 𝐭𝐨 𝐡𝐢𝐫𝐞 𝐮𝐬 𝐚𝐬 𝐲𝐨𝐮𝐫 𝐞𝐬𝐭𝐚𝐭𝐞 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠 𝐚𝐭𝐭𝐨𝐫𝐧𝐞𝐲.

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. 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 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.