Understanding Trusts with Amanda Peck
Think trusts and estate planning fare just for the ultra wealthy? Amanda Peck talks about why that’s not the case, and how ordinary folks can easily access and benefit from using them!
Listen to us On
About the Episode
LifeBlood: We talked about the realities of trusts in America and how they are only for the most affluent people. How estate planning and the use of trusts can create a sense of organization around family matters and what you’d like to have happen when you’re gone.
We discussed the dangers of leaving assets to children outright and how to think and approach that process, the value of having a third party in charge of administering trusts due to the complexity of legal and accounting considerations, as well as the interpersonal stress that money can cause.
We talked about the reality that money changes behaviors and even though relationships are solid now, it doesn’t guarantee they will remain that way when you’re gone.
How Covid has taught us the need to control whatever controllables we have, and reminded us of our mortality, and how proper planning can give us peace of mind, which is of immense value, and what the estate planning and trust process actually looks like with Amanda Peck, the Director of Inside Sales at Independent Trust Company of America, a national leader in trust services on a mission to provide a space where families can be protected and cared for.
Listen to learn why trusts and estate planning are not just for the ultra wealthy, and how ordinary folks can easily access and benefit from them!
For the Difference Making Tip, scan ahead to 16:37!
You can learn more about Amanda at IndependentTrust.com and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Amanda Peck
Guest
More Episodes
Impact Investing with Tanaha Hairston
Impact Investing with Tanaha Hairston Have you ever thought about how you're voting with your dollars? Tanaha Hairston talks about impact investing and how it works!About the EpisodeWe focused on impact investing, making investing more accessible to women and...
AI and Personal Finance with Gabe Rissman
AI and Personal Finance with Gabe Rissman How will AI and personal finance impact financial advisors? Gabe Rissman talks about the current landscape and what to expect!About the EpisodeWe focused on AI and personal finance, the current uses of AI by financial...
Your Money Game with James Alexander
Your Money Game with James Alexander How well do you know the rules of your money game? James Alexander talks about how to figure it out and play to win! About the EpisodeWe focused on understanding your money game, how and why staying focused is essential, the role...
Time Freedom with Mark Anderson
Time Freedom with Mark Anderson Is time freedom achievable for you? Mark Anderson makes his case that within the next 10 years, most anyone can find and enjoy it!About the EpisodeWe focused on finding time freedom, how most anyone can find it over a 10 year period...
Business Exit Planning with Joe LoPresti
Business Exit Planning with Joe LoPresti Successful business exit planning requires both expertise and teamwork. Joe LoPresti breaks down the process for making it all work!About the EpisodeWe focused on business exit planning, all the variables to consider and plan...
Uplevelving Your Life and Money with Thomas Blottenberger
Uplevelving Your Life and Money with Thomas Blottenberger Are you consistently upleveling, or do you find yourself stuck? Thomas Blottenberger talks about breaking through and finding success!About the EpisodeWe focused on upleveling your life and money, how to gain a...
Faith and Finance with Ricky Grunden
Faith and Finance with Ricky Grunden Faith and finance don't have to be linked, but what if they were? Ricky Grunden shares his story and makes the case for doing exactly that!About the EpisodeWe focused on the marriage of faith and finance, the benefits of doing it,...
Tax Mitigation Strategies with Mark Miller
Tax Mitigation Strategies with Mark Miller How many tax mitigation strategies are you currently employing? Mark Miller talks about what's possible and how to get to a 0% bracket!About the EpisodeWe focused on tax mitigation strategies, how to navigate the tax code,...
Accessing Alternative Investments with Bob Elliott
Accessing Alternative Investments with Bob Elliott Accessing alternative investments is getting easier. Bob Elliott talks about how everyday investors can get hedge fund-like performance!About the EpisodeWe focused on accessing alternative investments, how to get...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!