TRUST 101: What is a TRUST? (EXPLAINED)

Are you considering getting a TRUST? This video is for you!

Setting up a trust can help you protect your assets from creditors, ensure that they are distributed according to your wishes after death, and provide tax advantages. But before we dig deeper into the subject, we must understand what TRUST is.

So, in this video, one of the estate planning guys, Atty. Richard Barid will discuss TRUST 101 to define what Trust really means.

Everything you need to know about TRUST: its advantages for estate planning, how it works, and some important considerations when setting up a trust, will indeed be explained throughout the video. Knowing the basics of trusts can help you make an informed decision about your future!

So stay tuned and learn!
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Michael H. Smith, Esq.
Co-Founder at Smith Barid, LLC

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7393 Hodgson Mem. Blvd.; Suite 202; Savannah, GA 31406

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KEY MOMENTS
00:00 Introduction on TRUST 101: Trust (EXPLAINED)
00:16 Definition
01:15 Misconceptions
02:17 Avoidance of probate
03:54 Power of Attorney
08:09 Final words

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LICENSE CERTIFICATE
Item Title: A Corporate Music
Item ID: BYMS3HD
Author Username: Andy_Grey
Licensee: Hex Studio Creative Team
Registered Project Name: TRUST 101: Trust (EXPLAINED)
License Date:January 27th, 2023
Item License Code: 9P7JDBMXKL