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there are a lot of different types of saving and investment accounts available in canada and weve already talked about the tfsa the rrsp the resp and the rdsu before on our channel but theres one more type of account that doesnt always get talked about and thats the trust account now trust accounts are definitely a little bit different than those other registered and also tax advantage accounts that i just listed off right there and mentioned like if we take the tfsa for example whatever bank or financial institution you go to to open one up at you just say that you want to open up a tfsa and its pretty much the same process everywhere but theres a few different types of trust accounts and before we go too much further here if every single time i say the word trust youre just picturing the classic trust fund baby and youre thinking to yourself arent trust funds just for people who are really rich and isnt it for just passing down like millions and millions of dollars to your