Episode

Everything You Need to Know About Marital Trusts

Podcast: The Practical Planner
Published: Jun 25, 2024
Duration seconds: 1751
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Summary

Curious when it makes sense to have a Marital Trust? Hosts Anne Rhodes, Chief Legal Officer at [wealth.com](http://wealth.com) and Thomas Kopelman, Head of Community at wealth.com and Co-founder of AllStreet Wealth discuss the three main reasons to set one up, including: - Concerns over how your spouse may use your assets - Tax planning purposes, including the the generation-skipping transfer (GST) tax - Asset protection They dig into each reason and get into specifics of situations when having a Marital Trust can be beneficial.