What is a Trust?

In this video, attorney Matt Fryar lays out a basic description of what a trust is and how different types of trusts can be used to help you achieve different estate planning goals.

Generally, a trust is a tool that an estate planning attorney can use to help you manage your assets, both while you're alive and after you die. Think of a trust as an empty container that you give to fill with your property; you also get to write out a set of instructions that must be followed with regard to what to do with the things that have been put in the container. Watch other videos to learn more about the different kinds of trusts.