Trust Fundamentals - Module 2

  • 9 Lessons

  • Duration

    43 Minutes

Instructors

Kirby Rosplock

Kirby Rosplock (Ph.D.)

Born into a very successful enterprising family, Kirby learned family wealth basics the way most affluent offspring do (or don’t) Read More

About Course

Trust Fundamentals Module 2 describes the forms that trusts can take and the different types of trusts in each category that have different rules, terms, tax consequences, purposes, powers, and limitations. Read More

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Overview

  • Learning Objectives

    1 Minutes

Living Trusts

  • Categorizations and Types

    2 Minutes

Trusts and Wills

  • Trust Benefits and Use Without Wills

    1 Minutes
  • Trust Use With Wills

    3 Minutes

Trusts and POAs

  • Trusts Used With or In Place of POAs

    3 Minutes

Life Cycle of Trusts

  • Rule Against Perpetuities

    2 Minutes
  • Dynasty Trusts

    1 Minutes
  • Homework I

    30 Minutes

Conclusion

  • Wrap Up

    30 Seconds

Test Your Knowledge

  • Quiz Locked

Trust Fundamentals Module 2 describes the forms that trusts can take and the different types of trusts in each category that have different rules, terms, tax consequences, purposes, powers, and limitations. By the end of this module, students will know how a trust can substitute for and can be used with a will, how a trust interacts with a power of attorney, and the laws that govern the lifecycles of trusts.

Estimated Completion Time: 43 minutes

Featured Resources:

Articles/Books

  • "Deconstructing The Descendents: How George Clooney Enobbled Old Hawaiin Trusts and Made the Rule Against Perpetuities Sexy" by Randall Roth

Customers Review

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Rebecca K.
Dec 08, 2023
Loved the Randall reading.