When a Trust is a Waste of Money (And When It's Not)

Estate Planning expert Jim Burch explains who doesn't need to worry about setting up a trust as well as the 5 benefits to setting up a trust for those who would consider this as part of their estate plan. Jim Burch is the owner of Easy Legal Planning. He is has been helping families put together their estate plans for over 20 years and you can reach him at EasyLegalPlanning.com or [email protected] He explains:▫️Who doesn't need a trust, but should still think about their plan▫️The 5 benefits of a trust vs a will▫️How to go about setting up a revocable living trust.Important Links:▫️Estate Planning 101 Videohttps://youtu.be/nkFQmsdCW-I⏱ Timestamps:00:00 Intro 00:15 Who Doesn't Need a Trust01:26 Trust vs Estate Plan1:52 Why A Trust Does Make Sense3:05 Avoiding Probate6:45 Privacy Concerns8:27 Control Over Estate12:45 Plan A, B, & C17:05 Organization and Ease20:22 Where to Get HelpThe Retirement Nerds:⬜️ Join The Retirement Nerds circle here - https://theretirementnerds.com/⬜️ Join the Monthly Retirement Nerds Newsletter here - https://theretirementnerds.com/newsletter/PLEASE NOTE: This video is for education purposes only.It does not constitute legal advice for your specific situation.