#430 Take Control of Your Legacy, Get Your Trust in Order
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 25 May 2023
⏱️ 27 minutes
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| 0:00.0 | The core foundation of it is your revocable living trust. |
| 0:04.4 | You all need to have one because we will all die someday. |
| 0:08.0 | And we want to have a legacy and a plan that carries forward what's going to happen to our business. |
| 0:14.1 | Those people that are going to pick up the pieces when you die. |
| 0:17.3 | It's not if, it's when. |
| 0:18.3 | That legacy piece is making sure that it's not wasted. It's not |
| 0:22.2 | lost to taxes or lawyers or disputes or fights. And so you can really craft a really cool |
| 0:29.5 | distribution plan for your wealth. Welcome everyone to the Main Street Business Podcast. |
| 0:33.8 | This is Matt Sorenton joined by my amazing co-host, Mark J. Kohler, on location, |
| 0:39.2 | beautiful Hawaii. |
| 0:40.9 | Maui, to be more specific here at the Brandon Turner, a better life event, original host of |
| 0:47.9 | Bigger Pockets and a lot of his crowd, tribe community has put together a big real estate event. |
| 0:52.6 | So I came here for work. It's miserable, but you know, you got to do what you got to do. Yeah. We had to send somebody. And so Mark drew the short straw. He's out there. You know, of course, Mark rocks the stage. We all know that. So, um, we send our superstar out there. But, hey, we are excited for this |
| 1:13.1 | month of podcasts. We're going to be talking about building a legacy. A lot of things that go into that |
| 1:19.6 | and one of the core pieces that we don't give a lot of attention to of the trifecta too. |
| 1:24.3 | This is a big piece. Many of you know the the trifecta we're going to give a lot of |
| 1:27.5 | attention to that this month i don't know how much mystery i want to put into this but that's what |
| 1:32.5 | we're going over building a legacy is there anything more important than that no it's it's and uh yeah |
| 1:37.9 | i think it's really a month that i want all of you if you're a regular listener if you want to share |
| 1:43.5 | this podcast with others or if you're catching regular listener, if you want to share this podcast with |
| 1:44.5 | others, or if you're catching this on YouTube, please share it with your friends, family, |
| 1:48.7 | business partners that it's not just about making money and this legacy piece is what's |
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