Blog Post
4 Reasons Why You Might Need a Trust
September 17, 2020 / Category: Uncategorized
There are several reasons to own trust, and knowing what’s best for your situation can make a massive difference. To learn more about creating a trust, and the reasons to do so, check out the video.
In this video, Mark Kohler discusses why it can be smart to create a trust in addition to owning life insurance or having a will. If we can assist you and get your questions answered, we are just a phone call away – or video chat. Connect with us today!
Nobody wants to think about dying, but being prepared for a disaster is very important.
In this video, Entrepreneur Network partner Mark Kohler discusses why it can be smart to create a trust in addition to owning life insurance or having a will.
One of the most important reasons to create a trust is that you can leave behind specific rules for when the money can be spent and how it can become available. This can help if you expect to leave the money to children under 18 (or adults who act like they’re under 18).
Or, maybe you trust your heirs, but you own real estate. Owning real estate can lead to interstate probate, which can be difficult, expensive, and time-consuming for your heirs. A trust can own your real estate, allowing a trustee to step in and handle the real estate without having to go to court.
There are several reasons to own trust, and knowing what’s best for your situation can make a massive difference. To learn more about creating a trust, and the reasons to do so, check out the video.
Entrepreneur Network is a premium video network providing entertainment, education, and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
Reference: https://www.entrepreneur.com/video/288832
Robert Fraxedas
Robert Fraxedas is an accomplished attorney with 15 years of legal experience, focusing on estate planning, probate, elder law, and business planning. In 2002, Mr. Fraxedas graduated cum laude from the University of Florida with a bachelor’s degree in philosophy. There he was a National Merit Scholar and a member of the esteemed Phi Beta Kappa Honor Society. In 2005, Mr. Fraxedas graduated from the University of Florida’s Levin College of Law. After practicing for 10 years, Mr. Fraxedas obtained his LL.M. Degree in Estate Planning from the University of Miami School of Law, graduating cum laude.
Mr. Fraxedas is an experienced, knowledgeable, and hardworking attorney who cares deeply about his clients. He will get to know you, your family, and your goals and develop a personalized plan that is tailored to meet your needs. Whether it’s a simple will, complicated probate, crafting a trust for your children, or obtaining Medicaid or other government benefits, Mr. Fraxedas is committed to taking care of you and your family as if it were his own.