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Tx Trust Form

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Instructions and help about Tx Trust

[Music] hi my name is Isaac Shutt I'm an estate planning attorney I'm licensed both in Texas and in Wyoming and today I'm going to talk about how to use an irrevocable trust for asset protection in Texas first I'll talk about what is an irrevocable trust for asset protection then I'll talk about the pros of using an irrevocable trust for asset protection versus the cons of doing that and then I'll also talk about how to make it all work so first what is an irrevocable trust for asset protection well just like every kind of trust a trust is actually not a document it's a legal relationship that's governed by a trust document that's prepared by an attorney like me so it will lay out several roles and responsibilities you have the beneficiary of the trust you have the trustee of the trust who manages the assets for the benefit benefit of the beneficiary and then yo

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