Ask an Attorney – What is a Trust and How Do I Create One?

Ask an Attorney – What is a Trust and How Do I Create One?

Watch this video to learn what trusts are and examples of how they may be used.


What is a trust and how do I create one?


A trust is essentially a contract between three parties: the grantor who sets up the trust, the trustee who looks over the property in the trust and the third is the beneficiary who receives the property in the trust.

Trusts can be used to minimize taxes and probate fees, protect assets from creditors, hold property for later disbursement as well as other beneficial reasons.