Understanding Trusts and Foundations: Key Differences and Benefits скачать в хорошем качестве

Understanding Trusts and Foundations: Key Differences and Benefits

In this insightful episode of Wealth Uncensored, we delve into the crucial topic of wealth planning structures: Trusts vs. Foundations. Many clients approach me wanting to set up a trust to manage and protect their wealth, but few consider the benefits of foundations, often because they are less well-known. Join me as I explore the key differences between these two powerful tools, providing you with the knowledge to make an informed decision. We'll discuss the major distinctions, such as the role of third-party trustees in trusts versus the board-managed structure of foundations, and how these impact the management and protection of your assets. 00:00 Introduction 00:08 Trust vs. Foundation 01:08 Key Differences 01:33 Trust Structure 02:00 Options for Trustees 03:50 Ownership Issues 04:12 Purpose Foundation 05:20 Foundation Structure 05:59 Privacy Differences 07:12 Asset Titling 08:41 Fiduciary Duties 09:50 Tax Considerations 10:43 Conclusion 11:28 Closing Remarks Listen to the "Wealth Uncensored" and subscribe for the future episodes on any of the following platforms: ♦️PodBean - https://wealthuncensored.podbean.com/ ♦️Apple Podcast - https://podcasts.apple.com/us/podcast... ♦️Spotify - https://open.spotify.com/show/3hRLhRG... ♦️Amazon Podcast - https://music.amazon.com/podcasts/a6b... ♦️Google Podcast - https://podcasts.google.com/feed/aHR0... Make sure to subscribe to stay up to date on our latest videos ------------------------------------------------------------------------------------------------------------------------ ♦️   / @esquiregroup   ------------------------------------------------------------------------------------------------------------------------ Hi! I am Jimmy Sexton, LL.M. – Founder & CEO of Esquire Group. I founded Esquire Group with the objective of helping and inspiring wealthy families, investors, entrepreneurs, and high-level executives obtain and gain control over and protect their wealth, via strategic wealth planning. Connect with me on LinkedIn ------------------------------------------------------------------------------------------------------------------------------- ♦️  / ♦️   ------------------------------------------------------------------------------------------------------------------------------- Shoot us a message if you have any question ------------------------------------------------------------------------------------------------------------------------------- ♦️ https://esquiregroup.com/contact/♦️ ------------------------------------------------------------------------------------------------------------------------------- OR Find out more about the SERVICES we PROVIDE at Esquire Group ------------------------------------------------------------------------------------------------------------------------------- ♦️ https://esquiregroup.com♦️ ------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------DISCLAIMER------------------------------------------------------- This video is prepared for educational purposes only. This video is not legal, tax or any other type of advice. Each individuals’ circumstances are different, you should seek legal and/or tax advice to address your specific situation and any questions you may have.