4th - Lecture-4th week-Announcement I struck gold with the...

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Lecture-4th week-Announcement I struck gold with the discussion topic this week. Your many individual insights were phenomenal and gave me personally a great perspective on the whole task of financial and estate planning. Many of your insights struck home with me personally. Great work! LECTURE-4th WEEK TRUSTS Not only is a trust another way to hold title (like joint tenancy, etc.), it can safeguard and administer assets for many, many years. The text is excellent in giving an overview of the concept, so I will briefly review it now and expect that you will gain a full understanding after also reading the text. Most every one who owns real estate should seriously consider a living revocable trust. In its simplest form, the living revocable trust usually acts as a will substitute. Though the trust is “living”, in other words, property is actually transferred to it during the owner’s lifetime, it usually has no significance until the owner dies. A very simply written trust then merely instructs the trustee (appointed already in the trust by the “trustor”)
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4th - Lecture-4th week-Announcement I struck gold with the...

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