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
The Power of Money with Kyle George
The Power of Money with Kyle George The power of money is dependent on how we think and feel about it. Kyle George talks about how to get on the same page with your partner!About the EpisodeWe focused on the power of money and how it’s dependent on how we think and...
It’s the Economy, Stupid
It's the Economy, Stupid You've heard the saying, "it's the economy, stupid." But what does that mean, and what is it referring to? George G breaks down what matters!About the EpisodeYou've heard the saying, "it's the economy, stupid." But what does that mean, and...
Shared Sacrifices and Sanctuary Cities
Shared Sacrifices and Sanctuary Cities Sanctuary cities require shared sacrifices by their citizens to fund programs. George G talks about the important questions we should be asking!About the EpisodeSanctuary cities require shared sacrifices by their citizens to fund...
The Federal Government is a Junkie
The Federal Government is a Junkie The federal government is a junkie addicted to spending our money. George G breaks down what this means and what can be done!About the EpisodeThe federal government is a junkie addicted to spending our money. With new taxes on the...
How to Have your Tomorrow Today
How to Have your Tomorrow Today Can you have your tomorrow today, and find the financial certainty you desire? George G talks about removing mystery and getting what you want sooner than later!About the EpisodeCan you have your tomorrow today? How do you find more...
Should You Follow Your Dreams?
Should You Follow Your Dreams? Should you follow your dreams? Do you even know what they are? George G talks about how to move beyond platitudes and get to work!About the EpisodeShould you follow your dreams? Do you even know what they are? Does it even matter with...
The Danger of Leaving Well Alone
The Danger of Leaving Well Alone Is there a danger in leaving well enough alone? What's the downside to maintaining the status quo? George G shares his perspective on the importance of thinking big!About the EpisodeIs there a danger in leaving well enough alone?...
Should Companies Buy Single Family Homes?
Should Companies Buy Single Family Homes? Should companies be allowed to buy single family homes? is this practice causing more trouble than it's worth? George G breaks looks at the issue from all sides!About the EpisodeShould companies be allowed to buy single family...
How to Change Your Financial Future
How to Change Your Financial Future Your financial future is important. But is it important enough to change your behavior? George G talks about why change is hard and how to actually do it!About the EpisodeYour financial future is important. But is it important...
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!