Fixing the Flaws Every Estate Plan Has (Steve Gibbs)
About this episode
Steve Gibbs discusses the essential elements of effective estate planning beyond just wills and trusts.
Essential Essays for Elite Families: https://dynastus.com/YTLetters When it comes to protecting your wealth, wills and trusts aren't enough on their own. Steve Gibbs joins me to talk about building and preserving assets with proper instruments for the next generation. Find Steve on The Dynastus Network: https://dynastus.com/partner/insurance-and-estate-strategies/ TIMESTAMPS: 0:00 Intro 1:31 Wills vs Trusts 4:56 What if You Don't Have a Will? 8:30 How to do a Trust Well 15:38 Don't Get Ripped Off 18:22 Transfer on Death & Ladybird Deeds 21:32 Family Foundations 24:06 Family LLCs to Transfer Wealth 33:22 Infinite Banking 49:21 Cashing Out Tax Free 54:14 Biggest Gaps in Estate Planning
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- Founding Your Own Micro-Nation (Emperor of Stomaria / Andrew Stott)
- Grow a Generational Property Portfolio From 0 (Han & Tracy)
- How to build your generational estate (Conor Lynch)
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