Q: Can the sole beneficiary of a revocable trust in CA also be the sole trustee (grantor is another person)?
A: Yes, that is entirely possible, but there are pros and cons to that structure. Whether that is a suitable structure for your purposes is something you should discuss with an experienced estate planning attorney.
A: Yes, a person can serve as trustee to two different people’s trusts. But it can be a lot of work if the people who set up the trusts (“trustors” or “settlors”) don’t put the proper assets into their trusts. So, think about taking on the work before accepting the obligation.
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