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In this video, Edmund, a living trust lawyer, guides viewers on filling out the Preliminary Change of Ownership Report to transfer California real estate into a living trust without triggering reassessment or increasing property taxes. He invites viewers to subscribe for more living trust tips and shares a link to a free class for those wanting to understand how to create a living trust independently. Edmund includes a legal disclaimer, clarifying that he is not providing legal advice and encourages viewers to consult a lawyer for specific legal questions.