What is the truth about the current trust scams that nobody is aware of? The esteemed Brent Nelson is joining Toby Mathis, Esq. to help discuss their misuses and how you can avoid trust scams.

Brent Nelson is going to be joining in on the discussion and offering his own insights into the various questions and all you need to know about trusts.

“Trusts in moderation” 1:29

Contact Brent Nelson 👇
Bio: https://www.rimonlaw.com/team/brent-n...
Podcast: https://wealthandlaw.com/category/pod...
  / wealthandlaw  

There are a number of ways a trust can be used and misused so it is important to know what a trust is and how it works.

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The first thing we need to understand is what a trust actually is. A trust is essentially an agreement between two or more parties that governs how assets are managed and distributed by a third party (the trustee). A trustee manages the assets for the benefit of another person or persons.

Trusts can be used for many different reasons. Some of the most common uses are to avoid probate, protect minor children from creditors, provide for your family after you die, and reduce estate taxes.

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Until our next episode, we wish you the best of luck in your financial endeavors.

Show Notes:
0:00 Intro
1:31 Trust in Moderation
4:02 What Scammers Are Doing
8:13 Situations Involving Trusts
13:58 Red Flags to Look For
17:31 Estate Tax
25:50 Questions to ask Yourself
34:10 Living Trust vs. Wills
45:26 Outro
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ABOUT TOBY MATHIS

Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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