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Podcast: Wealth Formula Podcast
Episode: 522: What is a Dynasty Trust?
Description: One of the realities of building wealth is that the more you have, the more you have to lose. Asset protection and estate planning aren't just legal technicalities—they're essential parts of safeguarding everything you've worked for. The worst time to plan is when you actually need it. If you wait until you're facing a lawsuit, a creditor, or a sudden death in the family, it's already too late. Think of asset protection like insurance. Most of us wouldn't drive without auto insurance or own a home without homeowners' insurance. Yet many wealthy people operate businesses, hold investments, and build fa...