The importance of a trust # 2

I’m Miriam Neff,  and I’m Valerie Neff Hogan, with Wise Women Managing Money

M As good stewards of all God has entrusted to us, directing where assets go after our death is vital stewardship.  Some statistics say that only 2 % have a trust.  Trusts are low maintenance, can avoid probate court, and direct assets in God honoring ways to those who will use it wisely. 

V We recommend that you read “Splitting Heirs” by Ron Blue.  Financial wealth you leave behind can be the best thing that happened to loved ones, or the worst.  A famous artist died having no will.  The division of his holdings cost $30 million and caused family conflict. 

M Some say that the net worth level for a trust is $100,000.00.  While its a personal decision, research the possibility as a responsible steward of what God has entrusted to you.