trusts and annuities

trust me done several different ways you can have your house owned by a trust

your cars owned by a trust a company owned by a trust

that way you don't own everything and if something happens to you someone can't take everything

to annuities annuities are insurance products that are contractually guaranteed best part is whenever you marry the two you create a trust fund that's so imagining how to trust and that trust owned an annuity now the trust will pay out whatever percentage is returned every year well how does somebody that has low income do something like this trust is not free you have set up get pay for it

let's say you had term in terms of a million dollars and you had the trust own the proceeds were the beneficiary then instruct the trustee to create

an annuity with your million dollar term payo

if you want a guarantee then you're gonna have to do whole live for an index universal life policy something's gonna last forever then the trustee adds every family member that you'd like to be in interest say that trust earns seven percent per year they only pay out five percent all the family members that two percent growth

over fifty years you could create a humongous

account for your family tree

if it's something you could see doing long term retail real quick if you're looking into a trust go to legal zoom dot com legal zoom dot com you can set up a trust a power of attorney and a living will for about four hundred bucks if you are wanting to inquire about an annuity or life insurance or cash value life insurance fill out that form right there