Stephen Waltar from Legacy Estate Planning in Bellvue discusses trusts. He said he likes the phrase, "Don't put your trust in money, put your money in trust." There are many kinds of trusts. It's like a tube of toothpaste. If you squeeze the toothpaste out, anyone can get it: their creditors, the state, and you can't get that toothpaste back in the tube. Instead, put it in a container, a trust for the benefit of someone. The difference between a will and a trust is this: if you hire an architect and they draw up blueprints, does that build the home? A will is a blueprint, it doesn't do anything until after your passing.

Stephen Waltar from Legacy Estate Planning in Bellvue discusses trusts. He said he likes the phrase, "Don't put your trust in money, put your money in trust." There are many kinds of trusts. It's like a tube of toothpaste. If you squeeze the toothpaste out, anyone can get it: their creditors, the state, and you can't get that toothpaste back in the tube. Instead, put it in a container, a trust for the benefit of someone. The difference between a will and a trust is this: if you hire an architect and they draw up blueprints, does that build the home? A will is a blueprint, it doesn't do anything until after your passing.

Answers for Elders is the North Star in Navigating Senior Care.  Our content is designed to Empower Seniors and their Families through the Daunting Journey of Aging.

Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist seniors, caregivers and their families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health & Wellness, Life Changes, Living Options, and Money & Law.

Answers for Elders is the North Star in Navigating Senior Care.  Our content is designed to Empower Seniors and their Families through the Daunting Journey of Aging.
Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist seniors, caregivers and their families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health &amp; Wellness, Life Changes, Living Options, and Money &amp; Law.

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For Caregivers: If you're caring for a senior loved one, or navigating later life care, we help make the journey so much easier for you and your family.

For Seniors: We help you be proactive to prepare for your aging years ahead, honoring your wishes.

Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health & Wellness, Life Changes, Living Options, and Money & Law.

Empowering Seniors and their Families through the Daunting Journey of Aging
For Caregivers: If you're caring for a senior loved one, or navigating later life care, we help make the journey so much easier for you and your family.
For Seniors: We help you be proactive to prepare for your aging years ahead, honoring your wishes.
Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health &amp; Wellness, Life Changes, Living Options, and Money &amp; Law.

Answers for Elders

Stephen Waltar from Legacy Estate Planning in Bellvue discusses trusts. He said he likes the phrase, “Don’t put your trust in money, put your money in trust.” There are many...

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