Latest / The Red Wagon Estate Planning & Elder Law Show
The Different Types of Trusts
In this episode, we review a little bit of the "Three Lands of Estate Planning" discussed in the previous episode. Then we transition into an introduction of trusts. We go over the dishonest practices of some attorneys with regard to trusts, what trusts are and what they do, and a few types of trusts such as testamentary trusts, revocable grantor trusts, and irrevocable asset protection trusts. We will go more in-depth with trusts in future episodes, so stay tuned!
Key Takeaways
Takeaway 1: There is no perfect answer
01:48 - 03:46
When evaluating the "Three Lands of Estate Planning," there is…
The skinny
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