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On the show today, Katie Nentwick, the owner of Nentwick Legal Services, LLC. Katie is a business, tax, and estate planning attorney who assists business owners, real estate investors, and families all over the country.
In this episode, we discuss the topic of trusts, specifically revocable and irrevocable trusts. Katie provides us with a thorough explanation of what a revocable trust is and when it might be useful to have one. She also explains what an irrevocable trust is and the circumstances under which it would be necessary.
Katie offers valuable insights into the different types of trusts that you should avoid and why. She also discusses the importance of choosing the right trustee for your trust and the considerations that should be taken into account when making this decision.
Whether you are a business owner, real estate investor, or simply looking to protect your family's wealth, this episode is a must-listen. So, tune in and join us as we delve deeper into the world of trusts, and learn how you can use them to build your wealth and secure your financial future.
Episode Highlights:
What is a Revocable Trust?
When do you need an Irrevocable Trust
What type of Trust should you avoid?
Links:
Katie's Website
Email: [email protected]
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Weekly Tax Tips & Deadline Reminders: Get Tax Reminders
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1919 ratings
On the show today, Katie Nentwick, the owner of Nentwick Legal Services, LLC. Katie is a business, tax, and estate planning attorney who assists business owners, real estate investors, and families all over the country.
In this episode, we discuss the topic of trusts, specifically revocable and irrevocable trusts. Katie provides us with a thorough explanation of what a revocable trust is and when it might be useful to have one. She also explains what an irrevocable trust is and the circumstances under which it would be necessary.
Katie offers valuable insights into the different types of trusts that you should avoid and why. She also discusses the importance of choosing the right trustee for your trust and the considerations that should be taken into account when making this decision.
Whether you are a business owner, real estate investor, or simply looking to protect your family's wealth, this episode is a must-listen. So, tune in and join us as we delve deeper into the world of trusts, and learn how you can use them to build your wealth and secure your financial future.
Episode Highlights:
What is a Revocable Trust?
When do you need an Irrevocable Trust
What type of Trust should you avoid?
Links:
Katie's Website
Email: [email protected]
Save Taxes in your business: Free Consultation
Follow me: https://www.instagram.com/thepatdarby
Weekly Tax Tips & Deadline Reminders: Get Tax Reminders