Artwork for podcast The BoomX Show: Laws of Money
How Trust Protector and Trust Reporting provisions affect your estate plan
Episode 3210th May 2022 • The BoomX Show: Laws of Money • Darol Tuttle
00:00:00 00:28:35

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If you implement the strategies that we teach at the BoomX Academy and talk about on the BoomX Show, the probability that you successfully finance your retirement is much higher. And therefore the probability of leaving a higher percentage of your estate to your kids, and leaving a legacy for them also increases.

But the question remains, how do we pass wealth on to our kids so that it is financially responsible. And it is a money-making machine for them. And that brings harmony to the family through structures in which conflict is resolved efficiently and inexpensively. Today, we will talk about two very important provisions that you've probably never even thought about.

One is the trust protector. The second is provisions inside of your estate plan for trust reporting so that all the beneficiaries know what is going on and are emotionally invested in it. These are great topics. They will bring value to your trust in the estate plan for literally, generations.

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