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【Estate Planning】Living Trust 101. What is a Trust? Curious about what trusts are and the different types of trust? Watch as our CEO Phillip Hu explains what trusts are and how they work. Timeline: 00:00 Intro 01:17 Revocable vs Irrevocable Trust 02:54 Do I lose control of assets when I set up a trust? TransGlobal is the nation's largest Asian-focused one-stop-shop wealth management company. We specialize in Real Estate, Lending, Insurance, Investment, Tax Services. TransGlobal’s suite of services is based on a deep understating of our clients and the industries in which we specialize. Our consistent philosophy is to provide an all-in-one wealth management platform, allowing clients to choose only the individual wealth management services they need. TransGlobal All-in-one Finance Contact us: 888-831-8868 https://www.transglobalus.com/contactus/ TransGlobal Holding Company has over 30 years of experience in financial planning and management, aiming to serve the Asian communities in the U.S. With the vision of president and owner Philip Hu, the company excelled against the trend during the financial crisis from 2008 to 2009. While other financial companies tightened their businesses, President Philip Hu actively enlarged his business by recruiting nationwide talent and launching new branches. In just a few years, TransGlobal expanded beyond California to the East Coast, establishing branches in 25 major cities with vigorous growth that span 14 states, including California, New York, New Jersey, Massachusetts, Texas, Washington, and Hawaii. From the West Coast to the East Coast, TransGlobal’s financial planning professionals are now better able to serve their clients. Since 2015, President Philip Hu has implemented his innovative, progressive strategy, leading TransGlobal to integrate new product lines under the company, enlarging the group’s scope of service from life insurance, annuity, and financial management, to now encompassing mortgage financing, tax services, real estate, asset management, and health insurance. Recruiting the most talented industry professionals to create a well-rounded financial planning platform provides clients with the prompt, professional, and complete all-in-one wealth management service clients seek. TransGlobal’s affiliated companies are currently comprised of over 5,000 professional independent agents distributed across major U.S. cities, the U.S. Territory of Guam, and Asia (China, Taiwan, Hong Kong, and Korea), with the goal of providing a comprehensive spectrum of first-class, appropriate wealth management services to a diverse clientele. Contact us: +1-888-831-8868 TransGlobal Website https://www.transglobalus.com/ #livingtrust #estateplanning #transglobal