Paul Peters - Best Selling Author and TV PersonalityWith so many changes in the world, and perhaps in your own family, a trust you’ve set up to achieve your financial goals could be out of date even if it’s just a few years old.
On the latest episode of Advance Your Wealth, we’re examining how to size up the current status of a trust to see whether it’s still on track, so you can decide if any changes are appropriate.
Sit back, relax, and enjoy another thought-provoking conversation that Homer routinely discusses with his clients at Konvergent Wealth Partners.
Timecodes:
0:06 – Introduction and overview on the topic of the day
1:34 – Setting up your trust is only the first step
2:32 – Why might someone need to examine their trust?
5:20 – Secondary issues to consider when it comes to reviewing your trust
6:38 – Mistakes that people typically make when it comes to trusts
7:52 – The next steps once a trust has been set up
10:00 – What a stress test could uncover when examining a trust
11:57 – The importance of working with a network of professionals when reviewing a trust
13:50 – How you can get in touch with Homer and his team
15:03 – Closing remarks
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