Thank you. This informative session is sweet and short. To the point. Thank you. Can you perhaps advise if there are 3 beneficiaries. One gets appointed as a trustee also and then take all the benefits without the consent of the other beneficiaries. 😏
It’s interesting. Thanks Are you able to produce a full video of family trust and use the same examples to demonstrate how the family trust is being used for a mum and dad family trust? Thanks
Can the settlor and the trustee be the same person or the settlor and beneficiary? Or do you always have to have 3 sepret parties? My research on this hasn't been to clear
Settlor/Executor/Grantor/Authorized agent. Trustee =Liability need Appointment for performance and instruction on protection and function coming from the appoint of the executor beneficiary just benefit and if there’s breach you should knock back ✊🏾
What if the trust is given to a university without the knowledge of the beneficiary? All they get is $2000 a month cash dividends and a large tax bill.
Wow, okay, so by naturalizing yourself as a US citizen, you swap yourself from benificiary to trustee and there for have to play by new rules and the new benificiary aka the state gets authority of all your shit. Damn
If only the law professors at university know how to come up with such animations to explain stuff, learning the law wouldn't be so hard.
Agree. Some don't realise that not all students learn just by reading words.
@@LeanneUOC if you can't learn by reading words
You are deemed a genius you are able to learn by visualization
Aka your psychic
Bro may God bless you, I have finally understood the definition of trust law.
This my friend, is the most simplest and comprehensive Trust explanation I’ve ever came across!
👍🏾
sooo simply, engagingly and concisely put
👍 awesome.
If every law student get this kinda lecture, that's a fortune.❤
Why is this channel so underrated?
Thank you. This informative session is sweet and short. To the point. Thank you.
Can you perhaps advise if there are 3 beneficiaries. One gets appointed as a trustee also and then take all the benefits without the consent of the other beneficiaries. 😏
Keep making the video's they are brilliant, really helpful
thank u so much ,it was easy and fun to understand!! and your drawing is so cute which makes it more interesting to watch.
It’s interesting. Thanks
Are you able to produce a full video of family trust and use the same examples to demonstrate how the family trust is being used for a mum and dad family trust? Thanks
Fascinating, Indeed!
Good work.
Thanks
This is so accessible! Great!
Love this! How simplistic
there is distinction between bailor and bailie and trustee and beneficiary and trust property
Excellent. Thank you
That was cool!
I always “accidentally” eat ice cream 🤪
it hurt me when you said it was your fav
Can the settlor and the trustee be the same person or the settlor and beneficiary? Or do you always have to have 3 sepret parties? My research on this hasn't been to clear
Settlor/Executor/Grantor/Authorized agent. Trustee =Liability need Appointment for performance and instruction on protection and function coming from the appoint of the executor beneficiary just benefit and if there’s breach you should knock back ✊🏾
Thank you
What if the trust is given to a university without the knowledge of the beneficiary? All they get is $2000 a month cash dividends and a large tax bill.
Good
its nothing to do with the trust as you will be bailor and bailee ... thats not trust
A representative agent may be appointed as well, making a fourth party to the trust.
The representative agent would be a second trustee.
That was clear
thank you
What happens when the settlor is also the trustee
😊
Well explained
Even you my fav❤️
🙉🌏👣♻️🌌
In a word... stewardship 🙂
Wow, okay, so by naturalizing yourself as a US citizen, you swap yourself from benificiary to trustee and there for have to play by new rules and the new benificiary aka the state gets authority of all your shit. Damn
🫱🏽🫲🏻
Thank you