Second Half of Life Podcast

Trust Takeover: Anything & Everything You'd Want to Know About Trusts

June 02, 2023 Steinbacher, Goodall & Yurchak Season 4 Episode 7
Second Half of Life Podcast
Trust Takeover: Anything & Everything You'd Want to Know About Trusts
Show Notes

This episode is the full, uncut version of three previous episodes on trusts that were divided up and released in three separate parts.

Protect more of your wealth and provide a legacy for future generations. Learn how you can establish a financial readiness plan today that accounts for the healthcare challenges of tomorrow. If you've ever thought about setting up a trust, or wondering how one works (there are many different types), then this video is for you. In it, Attorneys Julie Steinbacher and Megan Ingram answer the following questions and much more:

- How does a trust offer asset protection from the costs of nursing home care?
- Why does it matter if a trust is revocable or irrevocable?
- Can my spouse or family still access any and all funds placed inside a trust?
- Do you have to be "rich" or have multiple investment accounts to benefit from a trust?
- What situations are common for using a trust - pros and cons?

To view a video of this presentation, visit our YouTube channel