Money Conversations with KJ

Replay - 065: The Importance Of Setting Up A Living Trust To Protect Your Assets!


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In this episode you will hear Lonny Weissman, Founder of Executive Asset Solutions Group, LLC talk about the importance of setting up a Trust and protecting your Assets!  You will hear Lonny talk about Probate and what happens when your assets go into Probate and what you need to do to avoid having your assets in control of the Courts which can be a very lengthy process.  You will also accumulate costs which include Court costs, Attorney Fees, Administrative Expenses that will add up very quickly.  If any loans, bills, expenses are involved the Courts will pay them first from the amount of any assets, the family is the last to receive anything left.  Also when there is a Probate situation it is public knowledge and anyone can decide to come claim they want a piece of the assets which in turn makes the case drawn out for a longer period of time and the costs also increase.  This is a great listen to make sure you and your loved ones are set up financially with the assets you have accumulated throughout your lifetime.  Please let Lonny know you heard about him on this podcast and give Lonny Weissman a call to make that happen (702) 250-9764

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Money Conversations with KJBy Kevin

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