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Family Trusts Explained | What Is It u0026 How Do They Work?

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Steve Parr

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In this video, we're going to cover the basics of a Family Trust as well as a few ways you can leverage family trusts for tax and nontax benefits.

A family trust is a structure that facilitates the distribution of wealth to the beneficiaries named in the trust. Typically, your children, grandchildren, spouses are named as beneficiaries.

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