This is a short excerpt from the video “Financial Skills Trust – Timothy Belber and Peter Johnson”. The complete video can be watched below. (5:45 mins)
This is the complete video (59 mins)
These educational videos will be of special interest to parents who have any concerns about their children’s ability to handle inheritances wisely. The presentations are also appropriate for estate professionals. In a nutshell, it’s a new tool that you can use as part of your estate plan to ensure that heirs are prepared to handle money before receiving large distributions. It’s called a Financial Skills Trust.
Our special guest is Timothy Belber, JD, a nationally-recognized expert on this new trust concept. Tim shares why these trusts are superior to older, formulaic approaches to trust distributions, as well as their implementation, and the practical benefits to heirs and trustees alike. Feel free to invite friends and your own estate professionals to this online education opportunity.