Description
Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.
With so many changes in the world, and perhaps in your own family, a trust you’ve set up to achieve your financial goals could be out of date even if it’s just a few years old.
On the latest installment of Path to Abundant Living, we’re examining how to size up the current status of a trust to see whether it’s still on track, so you can decide if any changes are appropriate.
This is a routine conversation that Scott and Matt are having with their clients at Morrison Nordmann & Associates, so there’s plenty of great information packed into today’s episode! Sit back, relax, and enjoy another enlightening conversation!
Timecodes:
0:06 – Introduction and overview on the topic of the day
2:05 – There’s more to the process than simply setting up a trust
2:50 – Why a trust may become outdated
3:50 – Where to begin the process of reviewing your existing trust
6:30 – Items overlooked on a trust that need to be updated
8:35 – The mistakes that people make when it comes to their trusts
11:18 – The next steps needed to ensure your trust is operating at an optimal level
14:12 – What a stress test could uncover about someone’s trust
16:44 – This process is done hand-in-hand with a team of professionals
19:22 – How to get in touch with Matt and Scott to continue this conversation
20:02 – Closing remarks
Connect with Scott Morrison and Matt Nordmann:
