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whats up guys in this video youll be learning about trust the favorite vehicle of the mega ridge to put the money in and to pay less tax and we also got to bring south dakota in the picture this place west of minnesota the fifth smallest popular state in america with less than one million people is the new switzerland literally why do the rich need another place to hide their money later on in the video ill share with you the four features of the south dakota trust that make the rich really love this state so much so a trust is simply a legal arrangement that does three things to provide ownership management and distribution of some trust and its easiest to think about a trust like a box and this box is used to place assets in it and you could place many types of assets in this box it could be a car property painting antiques even a like and subscribe button so around this box theres actually three important roles then you understand how our trust actually works so lets create an