{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Demystifying Trusts and what you need to do NOW","description":"Most of my clients are confused, frustrated and frankly misled on this involved topic. Attorneys have the tendency to want to show the breadth of their knowledge and that is a big disservice to individuals trying to navigate all the options and features available in this broad topic of Trusts. This is a really important topic that many families put off unnecessarily and take big financial risk in doing so - listen in and let's take this worry off the table with concrete steps you can easily take. &amp;nbsp; Highlights   1% of financial advisors struggle with trust knowledge.   Types of trusts.   Three key aspects of trusts.   Revocable vs irrevocable trusts.   Purpose of revocable living trusts.   Avoiding probate with a trust.   Control from the grave.   When a trust becomes irrevocable.   Importance of asset protection.   Tax implications of irrevocable trusts.   The role of domestic asset protection trusts.   Income tax implications for trusts.   &amp;nbsp; Links and Resources from this Episode   Connect with Gary Pinkerton   https:\/\/www.paradigmlife.net\/&amp;nbsp;   gpinkerton@paradigmlife.net   https:\/\/garypinkerton.com\/&amp;nbsp;   https:\/\/clientportal.paradigmlife.net\/WealthView360&amp;nbsp;   &amp;nbsp; Review, Subscribe and Share If you like what you hear please leave a review by clicking here &amp;nbsp; Make sure you\u2019re subscribed to the podcast so you get the latest episodes.   Subscribe with Apple Podcasts   Follow on Audible   Subscribe with  Listen Notes   Subscribe with RSS   &amp;nbsp; ","author_name":"Gary's Gulch","author_url":"https:\/\/paradigmlife.net\/about\/gary-pinkerton","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/38612090\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/194300935"}