Radical Personal Finance
Joshua J Sheats, MSFS, CFP, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core … read more
260-An Introduction to Trusts in the Context of Estate Planning
The word "trust" has a bit of a mystique in the modern financial world. It's a word that everyone knows (we all know a "trust fund kid") but few people understand and even fewer understand accurately.
Trusts are both simple and complex. They're simple in concept but can be quite complex in application.
Today I share with you some basic background on trusts and trust planning.
I also share with you some thoughts regarding the use of a revocable living trust within the context of your personal estate planning.
Enjoy the show!
Joshua
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