Benefits of a trust # 2
September 20, 2021
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Scripture is full of wise advice about managing money. One blessing of God’s generosity is to create a wise path for money to flow to the next generations.
V A trust is just that tool. The Revocable Living trust provides for you to designate to whom and how you want resources to go.
Think of a trust as a basket. You create a legal basket. It accomplishes nothing unless you put assets into it. What do you own? A home? The deed to that home goes in the trust. Bank account, portfolio, real estate, any assets of worth should go into the trust. You give directions for where those assets will go at your death.
M Honor God with your choices.