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In this video, the hosts discuss how an Adidas trust can help reduce tax liabilities related to property income, particularly focusing on implications for stamp duty land tax and buy-to-let mortgages. The scenario presented involves setting up a declaration of trust to add a spouse as a beneficiary, enabling them to claim rental income without altering the legal ownership. They explore whether this arrangement incurs stamp duty land tax and clarify what a deed of trust entails. Simplifying the concept, they explain that a deed of trust allows for the sharing of income in ways that may not align with the original property ownership structure, offering potential tax benefits.