What To Do When You Inherit Money
Some aged persons are giving and donating all their inheritance to charity. While others just want to create generational wealth. How about you, what do you want to do when you inherit money? Well, this video is right for you. Watch from beginning to end as I’m going to talk about what you should do when you inherit money.
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Make Your Kids Millionaires walks you through the process of helping your child think and behave in ways that vastly increase their potential for a future of wealth— starting in the very first years of their life.
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Watch And Enjoy!
Loral Langemeier
Key Moments In This Episode
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00:00 Intro & Summary
00:58 What Is The Misconception About Inheritance
01:24 What Is The Statistics On Generational Wealth
02:19 What Is A Messy State
02:55 What Is A Surprise Basket
03:10 What Is The Traditional Way Of Passing Wealth And Why It Goes Away In 2.3 Years
03:50 How Does Generational Wealth Work
04:17 What Are The 2 Kinds Of A Trust
05:02 What Is A Non-Depletion Trust
05:52 What Other Things To Know About Corporate Structure
06:07 What Is The Tax Code Of the United States Compared With Other Countries
06:42 What Happens If You Don’t Have A Trust
07:37 Why Should You Have An LLC
08:37 How Blended Family Is Another Messy Piece
09:18 What Story About Inheritance Is The Most Compelling
10:00 Why Do Paper Works Are Important
10:44 What Can You Do Right Now
What To Watch Next
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What To Do With A Large Cash Inheritance
• What To Do With A Large Cash Inheritance
Other Resources
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About Loral Langemeier
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Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and Five Time New York Times best-selling author who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.
Loral’s straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America’s Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.
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Anything seen or heard here should not be viewed as an offer to buy or sell a security. Educational resources are provided for general information purposes only and should not be considered an individualized recommendation or advice. This is not an offering or the solicitation of an offer to purchase an interest in any investment vehicle. Any such offer or solicitation will only be made to qualified investors by means of an offering memorandum and only in those jurisdictions where permitted by law. The target returns set forth within all offerings may not be realized; actual results may differ materially from the stated goals. Prior to investing, investors must receive a prospectus, which contains important information regarding the investment objectives, risks, fees, and expenses of any funds and/or other investment opportunities. Past performance is no guarantee of future results. All investments involve risk, including the loss of principal invested.
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