260-An Introduction to Trusts in the Context of Estate Planning

The word "trust" has a bit of a mystique in the modern financial world. It's a word that everyone knows (we all know a "trust fund kid") but few people understand and even fewer understand accurately. Trusts are both simple and complex. They're simple in concept but can be quite complex in application. Today I share with you some basic background on trusts and trust planning.  I also share with you some thoughts regarding the use of a revocable living trust within the context of your personal estate planning. Enjoy the show! Joshua Are you looking for a personal financial advisor? Start your search here! www.radicalpersonalfinance.com/paladin  You Need A Budget! Try the same budgeting software I use, free for 30 days: www.radicalpersonalfinance.com/YNAB Support Radical Personal Finance on Patreon! www.radicalpersonalfinance.com/Patron