A Trust is a legal person or entity that holds or protects property/assets for the benefit of another (Beneficiary). Think of a Trust as an umbrella of protection.
A Trust is given a name and can have an EIN number for banking purposes.
A Trust can own property or things
A Trust is a legal document (a covenant or agreement between two or more parties, typically the Grantor & Trustee).
A Trust can only be valid if it has rez, meaning it holds property or assets.
There 3 and only 3 parties to a Trust: Grantor, Trustee and Beneficiary(ies)
Family Legacy
People pass, but a Trust lives forever.
“A good man leaveth an inheritance to his children's children...”
Proverbs 13:22 KJV
It took me a lifetime to discover I have No Income.
Here is the secret why having no income is the greatest thing you can do for yourself in life...