Financially Simple

The 9 Basic Types of Trusts

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Sinopsis

In episode 183 of Financially Simple, Justin gives an introductory overview of the types of Legal Trusts available. A Trust can be used for various reasons to safeguard your wealth, and to protect your dependents. Justin goes over the nine types of Trust, what they are and how they can work for your benefit. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:53 - The 9 Basic Types of Trusts 01:51 - What is a Trust? 03:08 - The 9 Types 03:41 - Revocable Trusts 05:00 - Irrevocable Trusts 06:08 - Asset Protection Trusts 08:45 - Charitable Trusts 09:50 - Constructive Trusts 11:34 - Special Needs Trusts 12:25 - Spendthrift Trusts 14:15 - Tax By-Pass Trusts 14:47 - Totten Trusts 16:02 - Summary 17:30 - Wrap Up _________________   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter NEW Book: The Ultimate Sale - A Financially Simple Guide to Selling Your Bus