Wealth Transfer Between Generations, Primer for Trustees and Beneficiaries
In this episode of the podcast Talking Billions, Patricia talks with Bogumil Baranowski of Sicart Associates, LLC. Together they explore:
What are trusts, where did they come from, what purpose do they serve?
How trusts have changed over the years?
Two types of trusts: revocable and irrevocable
We’ll hear more about what it takes to be a good trustee and a good beneficiary?
Do trusts have to end?
How can we define a success of a trust?