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In this episode of the A Wiser Retirement® Podcast, Estate Planning Attorney Arun Gupta joins Shawna Theriault, CFP®, CPA, CDFA® to demystify trusts, what they are, who they’re for, and how 10 common trust types work in real life.

Related Podcast Episodes:

Ep 295: What Happens If You Die Without a Will? The Legal Nightmare

Ep 279: What Should Parents of Children with Disabilities Know About Estate Planning?

Ep 233: How Second Marriages and Blended Families Impact Estate Planning

Related Financial Education Videos:

Prevent Family Conflict with Legacy Planning

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AG Law

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Chapters

1. What is a Trust? (00:00:00)

2. Revocable vs. Irrevocable Trusts (00:04:22)

3. Benefits of Revocable Living Trusts (00:09:52)

4. Testamentary and Charitable Trusts (00:17:33)

5. Special Needs and Spousal Trusts (00:23:05)

6. Generation-Skipping and Residence Trusts (00:30:37)

7. Life Insurance Trusts and Final Thoughts (00:38:43)

8. Episode Wrap-Up and Resources (00:44:21)

309 episodes