What is a Trust? 2 Benefits of using a Trust

🔴 Trusts can be a mystery and have a perception of secrecy and tax benefits - I explain the 2 key benefits of using a trust as they do cost to set up and maintain....

🔍 Link to article
Trust Registration Service (TRS):
https://www.gov.uk/guidance/register-a-trust-as-a-trustee
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Chapters:
0:43 - What is a trust?
1:41 - How is a trust created?
2:50 - Discretionary trust
3:29 - Interest in possession
4:15 - Bare trusts
4:41 - Why use a trust?
★☆★ A BIT ABOUT ME (Tony D) ★☆★
I am a qualified accountant of over 23 years - born and raised in London (UK) all my life, a City I truly love 😁
I've held numerous positions, across various industries throughout my career in finance functions and I have also banked the experience of creating and running my own business(es) for 9 years, both of which I exited.
My passion is now to educate, inspire and empower YOU by imparting, sharing and coaching you through my knowledge, skills, experience and most importantly wisdom.

★☆★ MY MISSION ★☆★
I am dedicated to helping and empowering YOU to 'Know Your Numbers' so you can make calculated and informed decisions in your business, company and personal finances towards your definition of success.

★☆★ MY PHILOSOPHY ★☆★
If you take care of your numbers (finances), your numbers will take care of you, your family and those you value the most.

🔴 DISCLAIMER
My videos are for general guidance, education and empowerment in helping you understand accounting, tax, crypto and your numbers. They in no way constitute specific advice to your specific circumstances. I accept no liability for any reliance placed upon the content of these videos or references, therein.

#trust #discretionarytrust #interestinpossession #baretrust

Видео What is a Trust? 2 Benefits of using a Trust канала Tony D | The Chief Finance Officer