Ep 54: Do You Need a Trust?

Phil's Tax Hacks · Sep 17, 2020 · 14m

Is a trust something everyone has or just the really wealthy? Do you need it as a part of your estate plan?

Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-54-do-you-need-a-trust/

Watch the video podcast: https://www.youtube.com/watch?v=mEKpQjU43uE&feature=youtu.be

What we discuss on this show:

0:39 - We’re going to talk about estate planning gone wrong.

1:30 - How does your advisor potentially help with estate planning?

2:18 - What is an estate plan?

4:15 - What purpose does a trust serve?

7:05 - Real estate is a big reason why some choose to get a…