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The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Aug 22, 2019

In episode 184 of Financially Simple, Justin lists the 39 types of Trust useful for planning.

There are a lot of different Trusts available, and knowing what’s what about each and every one of them can be overwhelming when trying to figure out which will meet your needs. Justin gives the Financially Simple treatment to Trusts, giving breakdowns and descriptions of the 39 types most used for planning.

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Complete Transcription:




00:51 - The Exhaustive List of Trusts Used for Planning

03:45 - The Most Common Types

07:51 - More Complex Estate Planning Trusts

19:09 - Asset Protection Trusts & Other Miscellaneous Types of Trust

22:05 - Special Needs & Elder Care Planning Trusts

25:03 - Wrap Up




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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.