In this video, Dr. Sharon Barnes explains how living trusts can be a powerful tool for managing your Accessory Dwelling Unit (ADU). Whether you’re renting to family members or using your ADU as a long-term investment, setting up a living trust can offer you cost-effective, efficient, and flexible solutions. Discover how rental agreements can protect your financial interests, even when renting to parents or adult children, and learn why thinking like a business is crucial when managing your ADU. Dr. Barnes provides valuable insights into how living trusts work as landlords and why every occupancy agreement—even with family—needs clear terms.
If you’re building an ADU or considering how to best manage one, this episode is packed with actionable advice! Connect with Dr. Sharon Barnes, your local ADU specialist, for personalized guidance and support on your ADU journey.
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