@BernardJohnathan
I used to think trust funds were just for those ultra rich types , yachts, boarding schools, generational arrogance. But after watching my cousin lose half of his inheritance to taxes and bad choices, I started rethinking that real quick.
@NarwahlGaming
I'm the "rich uncle" with no kids. My nephew is already chomping at the bit to inherit my estate. In fact, he's already decided not to work and rack up a bunch of credit card debt, planning to live large once I kick. He's 27. I'm 48... And, little does he know, all my funds are being distrubuted to friends and charities - with none going to him. I'm not going to fund a sloth.
@SisandaNkalanga
WORD OF THE DAY "Trust Fund, 6'5'', Blue Eyes, Millions if 5 (seconds from birth) đ" 0:24
@KylianTill
Whatâs truly crazy is, once you read âThe Secret Side of Wealthâ, you realize how blinded you were, but itâs never too late. That book has some serious knowledge.
@DORA8001-l2s
I want the Legal Seminar!!!!! 10:36 . I feel that this type of videos really bring value â¤
@kobiecamp1134
A trust fund is mandatory for generational wealth.
@thisisjaye
Itâs easy to make that analogy about Prince but remember he didnât really have any heirs to leave his estate to. No wife, no children, no grandchildren. Only 1 sister and several half siblings. I really donât think he cared what happened to his money after he was gone.
@pazzariatv
Iâve got one. Itâs not huge. Every word of this video is accurate.
@kisuke8047
I learnt hedge funds, Bonds and now trust funds. I actually am getting educated. I'd like to thank Alux for the work.
@NtegFamilyYouTube
This dat sauce!!!
@MarcusLouis-y4z
I always thought getting rich was about working harder until I read âRiches by Designâ book. Itâs never too late to wake up. Itâs crazy how nobody is talking about it.
@RadicalTek
No kids, no wife. Only concerned with making money.
@seemaprashantteli3548
I thought I understood how the world worksâuntil I read The Obscured Principles book. It felt like someone ripped the blindfold off my eyes and showed me the architecture of control thatâs been here for centuries. This isnât just a book. Itâs forbidden awareness in printed form.
@alphabeta8403
3:00 Trust document
@DAXZ..
Summary: How funds work? - funds are built to avoid that kid who spends much and let wealth pass through generations - the person setting up the trust writes what asset goes there and who recieves them and under what conditions Types of trust - revocable trust : cancle or change any time - irrevocable trust : once funded , can't take it back - grantor retained annuity trust : you put stocks and you receive annual payment for few years - charitable remainder trust : you get income during lifetime then rest goes to charity. - generation skipping trust : all the wealth goes to grand kid's How to use trust to outsmart the system: - freezing assets values : let's say your company worths 1 mil , and u expect it to grow 10 mil ,if u put it into trust now , it only tax on 1 mil even if ur company grows to 10 mil - rich uses charitable trust, the charity has their own foundation so it goes there and rich owns it so they get income tax free ( Ex - if Bill gates have trust funds , it goes to charity but he owns charity foundation so he gets money tax free)
@hotkeyafl
you shouldn't trust your kids with this fund
@shommagdalene4543
What important step and strategies should be followed to earn substantial profits from crypto investment
@AmendraSighn
Unfortunately, not all of us were financially literate early. I was 42 when I finally educated myself and started taking steps. I went from $37,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $450,000 net worth a . I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $150,000 annually) and don't owe a dime to anyone. It's a good feeling!
@calebwright-i6d5w
I canât believe how underrated âThe Millionaire Circuitâ is. This book is packed with life-changing wealth wisdom.
@alux