This week on Grow Money Business we answered a listener question about trusts and estate planning. Our faithful listener spoke with an attorney about estate planning recently, who recommended a living trust as part of his plan. We cover the pros and cons of a living trust and whether the recommendation is an upsell from the attorney.
Show Notes
[02.56] Article of the Week – The Wall Street Journal’s article on the recent performance of value stock versus growth stock.
[08.07] Living trusts – The legitimacy of a living trust.
[10.02] The importance – Estate planning and the importance of a living trust.
[15.38] Probate – Probate and its disadvantages.
[20.29] Revocable & irrevocable – Grant explains how a living trust is different from an irrevocable trust.
Resources
https://www.wsj.com/finance/stocks/a-stock-market-rotation-of-historic-proportions-is-taking-shape-da9b6546?mod=finance_feat2_stocks_pos2 https://www.weareatticus.com/learn/what-is-the-uniform-probate-code