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[Music] thank you hello everyone Im Jeff Hampton with the Str law guys Welcome to our YouTube channel today I want to talk to you about living trusts 101 everything you need to know about living trust for short-term rental owners by the way if you wait around to the end of this video Ill also provide you a free ebook five strategies to protect your short-term rentals and provide you peace of mind okay lets start for a second listen if you own short-term rentals maybe you just bought an Airbnb maybe youre looking to try to get it started youre trying to figure out some important things that you may want to know about trusts do you need a trust is a living trust important well actually lets break down this because people get confused about this theres a big difference between a living trust or a domestic asset protection trust a foreign asset protection trust and so were going to take a few moments to break down the concept of living trusts in order to do that you really have to