#RichLifeLawyer Show 036: The Number One Problem With Trusts In Estate Planning
#RichLifeLawyer Show 036: The Number One Problem With Trusts In Estate Planning
In the last episode of the #RichLifeLawyer Show I told you how to avoid probate without using a trust.
But that doesn’t mean I don’t think trusts are useful (I just don’t think they are necessary to avoid probate).
Trusts are extremely useful at creating generational wealth, creating a family “bank,” and providing unbridled opportunities for future generations while at the same time ensuring those same generations have to be contributing members of society to see a benefit.
Given all of that, though, there is still a number one problem with trusts I see all the time in estate planning.
Today I talk about what that is and how to avoid it.
Cheers,
Christopher Small
P.S. I’m hosting a FREE webinar: How to Create Generational Wealth for As Little as $50/month (and how to keep your kids from blowing it all) this Thursday. To access the report click here.
Christopher Small is a Seattle estate planning lawyer who helps people get rich and live forever. He is also the owner of CMS Law Firm LLC.