• The Will Power Podcast: Episode 7

  • Sep 14 2024
  • Length: 7 mins
  • Podcast

The Will Power Podcast: Episode 7

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  • Summary

  • In Episode 7 of the Will Power Podcast, we dive into what happens to trust and company assets when you pass away. Many people assume these assets automatically become part of their estate, but that's not always the case. Trust assets are typically held separately from your personal estate, and depending on the structure, may not be directly affected by your Will. Similarly, company assets don’t always pass directly to your beneficiaries. We’ll break down how these assets are handled, the role of trustees and company directors, and what you can do to ensure a smooth transition for your trust or business when you're no longer around. This is particularly important if you run your business through a company or a trust.
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Economics
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