#90: Trust Funds: Playground for the Privileged or a Smart Wealth Strategy?

Are trust fund babies REALLY spoilt rich kids - or did they simply have smart parents? I used to laugh at the stereotypical jokes about rich brats that have everything handed to them on a silver platter. UNTIL I asked this simple question: "What don't I know?" Truth is, it's just a tool that anyone can use to protect assets and use as a tax minimisation strategy. And once I learned that, I went from "it's just for the rich" to "OMG my baby girl is a trust fund baby!" Links mentioned in this episode: Learn to create a stock portfolio here: ⁠INVE$TED⁠ ------ LEGAL STUFF: All content provided by Ms Wealthy Pty Ltd (we, us, our) is for education purposes only. Any use or reliance on this content is entirely at your own risk. The content is factual information and general comment only and does not constitute advice. The content does not take into account your personal objectives, situation or needs and may not be appropriate for you. The information that is found here are my opinions, and should be taken as such.

You can listen to #90: Trust Funds: Playground for the Privileged or a Smart Wealth Strategy? online on Radio and Podcast. Open the player on this page to stream the available audio.

#90: Trust Funds: Playground for the Privileged or a Smart Wealth Strategy? is an episode from Ms Wealthy's Kiss My Money Podcast by Simone Mercer-Huggins.

This episode is 00:19:03 long.

This episode was published on Aug 14, 2024.

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