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].