What Is a Legal Trust? Common Purposes, Types, and Structures
investopedia.com
What Is a Legal Trust? Common Purposes, Types, and Structures
A trust is a fiduciary relationship where a trustor gives a trustee the right to hold title to property or assets for a beneficiary.
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What is a Trust and how does it work? Think of a Trust like an empty pot that you are trying to fill. The general idea is to either transfer your assets to the Trust during your lifetime or to list the Trust as a beneficiary to your assets. Once that occurs, you avoid Probate Court, which is one of the main reasons people do estate planning. @dakroubgroup we specialize in estate planning and probate, and we are here to help! Set up your free consultation today! V/C whatsupmedianetwork. | TCD Dea
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What is a Trust and how does it work? Think of a Trust like an empty pot that you are trying to fill. The general idea is to either transfer your assets to the Trust during your lifetime or to list the Trust as a beneficiary to your assets. Once that occurs, you avoid Probate Court, which is one of the main reasons people do estate planning. @dakroubgroup we specialize in estate planning and probate, and we are here to help! Set up your free consultation today! V/C whatsupmedianetwork. | TCD Dea
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