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Renaissance_Creating a Trust for Family Assets

R
Created November 6, 2025

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Video Transcript

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0:00

So taking the car analogy, you would say, "Okay, I'm taking my car.

0:04

I want my son to have my Ford Mustang," you know? And therefore, I could say,

0:09

"I wanna put my car, I'm gonna set a law into a trust." So I basically write

0:13

a contract, a deed. I would make my wife, say,

0:16

the trustee, and say, "Right, well, you're in charge

0:19

of it now. You know, you've gotta make sure my car is maintained and isn't sold,

0:24

uh, or scrapped." And then the beneficiary, the person who's gonna benefit from

0:28

this asset is my son. Is that fair? You made the point as you explained

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