Using Trust funds to build generational wealth

Generational wealth is the greatest gift that your ancestors could ever leave you as a legacy. It is not easy to make, and protecting it is the real challenge. The best way to protect your generational wealth is through a trust fund.

Get ready to find out what it is, because in this video we will show you the 3 best benefits that you’ll have, by using a trust fund!

#generationalwealth #trustfunds #howtobuildgenerationalwealth

Timestamp
03:19 what is a trust fund?
06:27 What is the best type of fund?
06:55 TAXES
07:25 BAD DECISIONS
08:22 CREDITORS

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
- The Audible link is an affiliate link meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.

[JLW]

4:34 Grantor
4:40 Trustee
4:46 Beneficiary
9:09 Founder
3:10 Trust Fund
9:34 Estate Attorney

[HighrollerRob]

Building generational wealth is hard because other family members may not want to do that (they’ll want to spend) and will take advantage of elderly parents. Then the fighting starts.

[davidcosdesign]

Another thing a generational support trust may do: avoid being surrendered to a divorcing spouse of a beneficiary. Many times family law courts are allowing former spouses to seize inheritances. So a support trust may defeat a family law court because it is not an inheritance that goes straight to the beneficiary but is dealt out upon the beneficiary's needs.

[credo-flourishingfamilies]

Did you know that only 5% of generational wealth transfers fail due to gift and estate planning? 85% of generational wealth failure is due to lack of trust within the family and your kids not being prepared for the wealth. This stat is the same across the entire world no matter what tax bracket you are in.

[chrisrey]

My gosh the intro is so long but the entire video is amazingly rich of knowledge and learning. Thank

[JoanCorly]

I'm 47, my kids are in college, and I can finally afford to invest. I just opened a Brokerage Account. If I have $80k to invest, how should I begin?

[priscillamac]

Best and least greedy minded practical video about this topic so far.

[MB-nbyq]

Envy can do two things for you, motivate you to make something for yourself or sabotage another person and stay miserable and complain.

[claytonbill]

To sum up and not waste your time go here 6:46, listen for 5 seconds and go to a real post with actual information.

[fdny]

See if the poor community would come to this understanding instead of envy and hate of people wealthier than them, they might realize that while *they* might not ever be rich, their descendants will. It's about living for something bigger than yourself.

[LazayLada]

Great video! All of this information took me 5 days to research. You put it together in 10 mins lol 😂

[kaushikbhowal]

This is a superb video for educating the masses abot the significance of trust. Thank you sir for sending this to me. May God bless you.

[BookofFuture]

The Vanderbilts went broke when the railroads did. Candy-based wealth is much harder to squander.

[majiorsupereme]

This added value and inspired me to try to do more research

[handymanjourney]

thank you for this! Really simplified things!

[caleb]

Excellent video 👏🏽
Thank you so much for your time and energy.
Exactly what I needed to hear ⭐️⭐️⭐️⭐️🌟

[cashflowinvestor]

Nice Content bro :) i try to build it with stocks and real estate :) keep it up bro

[Cindy-krqu]

Question: he said that once assets go into the trust they are not ours and so we don’t have to claim taxes on them. I have never heard that. Can I get confirmation of that? In particular we have some real estate investments and receive loan interest. Does that really mean we don’t report any of that on our taxes?

[alexbanks]

very entertaining however not very useful practically for me I already knew the info you put out was hoping for some more specific info.
I still enjoyed it though so thank you

[austinotto]

Remember the good times.

Mom dropping me off on the side of a hospital 400 miles away from home.

Me getting admitted to the hospital as a temporary care center until they could figure out what to do with me.

4 and a half years of foster families rejecting me until finally the 5th year a family asked for me.

Then getting rejected by the same family and 9 other families.

Ahhh yeah the good elementary school days.