381 reactions · 21 comments | In every trust, there are two positions...
1:06
381 reactions · 21 comments | In every trust, there are two positions...
2.4K views2 weeks ago
FacebookKelly Legacy Estates
A licensed attorney @edwardcollins_upleveled said you cannot be the trustee and beneficiary of your trust — and that courts will automatically call it a “sham.” That’s simply not true. Black-letter trust law is clear:�You may be the settlor, trustee, and a beneficiary of your trust. The rule is not “you can’t.”�The rule is merger — and merger is avoided as long as the trustee owes fiduciary duties to someone else. In plain English:�👉 Name a successor beneficiary (your children, heirs, or anothe
3:00
A licensed attorney @edwardcollins_upleveled said y…
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