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[Music] today we are talking about trust Deeds a trust deed involves three parties a trustor a trustee and a beneficiary lets creatively simplify this to help you understand and have a little fun with it then we will put in a little more formal terms so one day the trust or goes up to the beneficiary and says hey beneficiary can I have some money beneficiary responds G I got so much going on I could lend you the money but I really do not feel like dealing with you give legal title to a trustee who receive it and then he will have the right to sell it he will act as a neutral party between the two of us sound good yeah sounds good trustor then gives the legal title to the trustee who receives it everybodys happy sun is out birds are chirping and the trust door has been making all the payments so one day the beneficiary calls up the trustee hey trustee remember that guy guy the trust door yeah what about him hes a great guy made every payment like clockwork he owed me nothing can you
