Episode 10

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Published on:

15th Mar 2022

Path to Abundant Living - Episode 10 (It's Time to Review That Trust!)

With so many changes in the world, and perhaps in your own family, a trust you’ve set up to achieve your financial goals could be out of date even if it’s just a few years old.

On the latest installment of Path to Abundant Living, we're examining how to size up the current status of a trust to see whether it's still on track, so you can decide if any changes are appropriate.

This is a routine conversation that Scott and Matt are having with their clients at Morrison Nordmann & Associates, so there's plenty of great information packed into today's episode! Sit back, relax, and enjoy another enlightening conversation!

Timecodes:

0:06 - Introduction and overview on the topic of the day

2:05 - There's more to the process than simply setting up a trust

2:50 - Why a trust may become outdated

3:50 - Where to begin the process of reviewing your existing trust

6:30 - Items overlooked on a trust that need to be updated

8:35 - The mistakes that people make when it comes to their trusts

11:18 - The next steps needed to ensure your trust is operating at an optimal level

14:12 - What a stress test could uncover about someone's trust

16:44 - This process is done hand-in-hand with a team of professionals

19:22 - How to get in touch with Matt and Scott to continue this conversation

20:02 - Closing remarks


Connect with Scott Morrison and Matt Nordmann:

Website

LinkedIn

Show artwork for Path to Abundant Living

About the Podcast

Path to Abundant Living
What got you here, won't get you there
Welcome to Path to Abundant Living, where we address pertinent topics surrounding wealth management to help better position yourself, your family, and your business for success.

Listen as Scott Morrison and Matt Nordmann, Managing Partners of Morrison, Nordmann & Associates, tap into their wealth of financial experience and address various strategies and services they utilize for their clients.

So sit back, relax, and enjoy intriguing financial conversations that place you on path to abundant living and help you navigate the rest of your life.