How to Use Trusts to Protect Your Wealth

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Ever heard of a "trust" or "trust fund" but not sure what it really means? In this video, we explain what a trust/trust fund is, how trusts work, and why people use them to manage their money, property, and other assets. We cover the basics of living trusts, irrevocable trusts, and more, so you can understand the benefits of trusts like avoiding probate, protecting your wealth, and controlling who inherits your assets.

Whether you’re looking to plan your estate, protect your family’s future, save money on taxes, or just curious about how the wealthy use trusts to safeguard their money, this video has you covered. We break it down with simple language, real-life examples, and easy-to-follow visuals, so anyone can understand how a trust can help them.

Chapter:
0:00 Introduction
1:40 How do Trusts Work?
5:39 Type of Trusts (Revocable, Irrevocable, Living, Testamentary)
9:04 Benefits of Trusts (Avoiding Probate, Better Control, Protecting Assets, Tax Benefits, For Special Needs, Divorce Protection)
13:00 Disadvantages of Trusts (Fees, Loss of Control, Complexity)
14:23 Conclusion

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Thanks for watching!

A quick reminder: all my videos have subtitles if you want to read along. If you enjoyed the video, please like, comment, and share with your friends so more people can learn. Don’t forget to subscribe for more content!

I’d also love to hear your thoughts, ideas, and suggestions—feel free to share them here!

REMINDER: I will not force nor recommend you to set up a trust! This video is for educational purposes and you should make your financial decision wisely with considerations and not solely based on this video.

Thanks once more for your support!

Explains

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susdominus

THANK YOU SO MUUUUCH i finally understand how trust works... hope to see more videos and you are such an excellent teacher!

zihan

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NjabuloKutumela-x

Can a person make major changes in property in living trust ? like full renovation of house or construction of new things around the property such as swimming pool, store room etc

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