Companion Course Lesson Sample: The Purpose, Use, and Benefits of a Trust

"Free members of the BoomX Academy are automatically enrolled in the BoomX Show: Laws of Money podcast. The course adds enhanced content to most podcast episodes but in a module-based format sequentially. The first lesson in the companion course defines the often abused term ""estate"" and its use in the tax, bankruptcy, and probate codes. The second lesson points out the real property is different than real estate. Further, personal property is the only other category and includes tangible and intangible property. Did you know your voice is intangible personal property and may have value?

This episode introduces you to the legal construct of a ""trust."" Trusts hold personal assets and business entities, e.g., limited liability companies hold business assets. Darol explains the difference as well as the structure, use, and benefits of a trust. This episode is an example of the companion course's enhanced content so you can decide if a deeper dive into legal literacy is for you. "

This episode is sponsored by SC Financial Group, LLC, located at 1417 116th Ave NE Suite 202, Bellevue, WA 98004. You can reach SC Financial Group by calling (425) 451-2950 or visiting their website at https://scfinancialgroup.com. (Securities and Advisory Services offered through Cadaret, Grant & Co., Inc., a Registered Investment Advisor and Member SC Financial Group LLC and Cadaret, Grant & Co., Inc. are separate entities.)

SC Financial Group, LLC, was founded by Shane Cloninger. Shane Cloninger has over 30 years of experience in financial services. He is a co-founder of SC Financial Group, LLC and a registered principal of Cadaret, Grant & Co., Inc. Mr. Cloninger graduated from Southern Connecticut State University in 1990 with a Bachelor of Science degree in Economics/Finance.

He is currently a co-host on the ‘Retirement Freedom’ radio show, a live call-in talk radio show developed to help the average investor gain clarity on a very complex financial world. ‘Retirement Freedom’ is in its 9th year on air and can be heard live Saturdays at 10am on 820 AM KGNW, simulcast on 1590 AM The Answer. The show has been on other stations in the past including KVI 570 AM and KKOL 1300 AM.

You can obtain a FREE retirement planning roadmap mentioned in this episode by clicking this link.