Trusts 101: Everything you need to Know about Trusts!

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Ever wondered what a trust is and if it's right for you? This video takes the mystery out of trusts! I break down the key concepts so you can make informed decisions about your estate!

In this video, we'll answer questions like:
🤔 What exactly IS a trust anyway?
🏠 What's the difference between a *living trust* and an **irrevocable trust**?
🔄 How can you change a living trust?
💰 When would you need an irrevocable trust (Medicaid, taxes, etc.)?
🤫 How can a trust help keep your affairs private (like in the Depp/Heard case!)?
🚀 And most importantly, how can a trust help you *avoid probate* and protect your loved ones?

*Video Timestamps:*

0:00 - Intro to Trusts: What is a Trust?
0:36 - Living Trusts (Revocable Trusts) Explained
0:58 - Irrevocable Trusts & When You Need One
2:15 - Why Trusts Avoid Probate (Contracts & Legal Force)
2:54 - Trustee & Beneficiary Roles (Flexibility)
3:25 - Arbitration & Privacy in Trusts
3:56 - Privacy Example: Depp vs. Heard & Why it Matters
4:48 - Asset Protection (Briefly) & Wrap Up

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