Who Gets To See A Copy Of Your Living Trust
Passing It On: Estate Planning for Families · Michael Pevney
October 17, 20231m 40s
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Show Notes
Free Estate Planning Strategy Session for California Residents www.ocestateplanlawyer.com P. Who gets to see a copy of your trust? A beneficiary doesn't get to see a copy of a trust until they actually become an active beneficiary. Meaning if you are leaving all of your property to your kids, they don't legally get to see a copy of that trust until you pass away, and they become current beneficiaries. As a practical matter, though, it's a good idea to let both trustees and beneficiaries know that there is a trust, and especially that the successor trustee wants to act as a trustee. Because remember, a trustee doesn't have to be a trustee, they can always resign, or choose to not take on the gig. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty