Estate Planning 101: How to Set Up a Family Trust + Wealth Management Tips

Join Winnie and me for an expert guide on estate planning and family trusts, covering the essentials of wealth management and succession planning. Learn about trust funds, the vital role of a trustee, and who qualifies as dependants in estate planning, plus the key benefits of setting up a family trust. We get to debunk common myths, offer decision-making tips for financial planning, and compares trusts to wills, while detailing the costs of setting up a trust. Perfect for those seeking estate planning tips, trust fund essentials, and succession planning advice. Subscribe for more on trustee roles and family wealth management! #EstatePlanning #FamilyTrust #SuccessionPlanning #WealthManagement #FinancialPlanning #TrustFundEssentials #TrusteeRoles 00:00 - Intro 06:25 - What is estate planning? 08:24 - What is a trust fund? 20:50 - Why should a family consider setting up a family trust? 32:52 - Who is a trustee? 41:10 - Who are Dependants? 44:44 - Succession planning and family trust. 49:30 - Common myths people have about family trust and estate planning 1:00:30 - Decision making in a trust. 1:08:44 - Where to get information about family trust 1:15:50 - Family Trust or Will? 1:25:40 - Cost of setting up a family trust 1:28:19 - Outro 📞 Connect with Winnie Email: [email protected] Phone: +254 726 530430 Instagram | TikTok | X: @estateplannerke Shot at Location: Longonot Place Apartments