Mailbag: Do I Really Need a Trust?

Is it really necessary to set up a trust? Fran shares what her age and assets are when she asks this important question. While David is not a lawyer, as a financial advisor he shares some of the reasons why or why not someone would want or need a trust when estate planning. Tune in as David answers this and two other questions from the mailbag on today’s show. 

 

Here are the listener questions David answers: 

• Mailbag: Should I save my healthcare receipts in my 30s to later get reimbursed by my HSA in retirement?
• Mailbag: Should I start Social Security sooner for those cost-of-living increases?
• Mailbag: Do I really need to redo my trust with an attorney?

 

For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.