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Episode 158 (Yiddish): וויאזוי צו אינוועסטען ווען דו קענסט נישט ניצן דיין נאמען
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In this week’s lecture, I explain how someone can invest even if they can’t or prefer not to use their own name. We talk about trusts — what they are, how they work, and why people use them for privacy, protection, and control over their assets. If you’re interested in investing through a trust or want to understand the benefits behind it, this lecture will give you a clear breakdown of the essentials.
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Transcript
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Tell me how to open a portfolio on a
trust
brokerage account.
The owner
by the way557212
text.
So
address.
Lawyers, account
for
many lessons of the options
markets.com/blog
c a i m e k s e i n.com/b
blind
concept
on
whatever
owner
corporation. A corporation
shareholders
ownor
the idea.
assets.
The trust
is kinder
for whatever reason.
Ve protection
invest investments
account.
Unfortunately,
a cooperation shareholders. So,
Fore
100% in control
is irrevocable trust. So irrevocable
trust.
AR
involved mention involved in the trust
number one is the grand
the donor the grand
for the trust. This is number one.
Number two is the beneficiary.
The trust
investments
number three is the trustee.
Responsible
language
is
a trust basically is a document. They
document rules
like the document rules
the grandfene
XYZ
whatever the beneficiary.
So mechan as tight or as loose as you
want.
Yes.
The trust in revocable trust
of the trust is
you know what
the trustion
the point is I push
Okay.
and the
beneave
for the benefit.
The second
is irrevocable.
tax ID number
select ID number.
is the trust
document
the guilt
in the trust
beneficiaries. The beneficiaries
benefici
as in the trust paragraph as the trust
is going for the benefit.
Yeah,
the
The job from the trustee is
education. other.
So
for the benefit
for the outright
million
account
for the benefits
Yet the trust can
invest in the guilt in the S&P 500 in
brokerage accounts
options wherever is real estate with the
trust side I mentioned life insurance
their life insurance can aust
the ownership
the owner and the owner is the trust
ownering the beneficiary
lawyers.
is aligned.
This is the tax ID number from the
trust.
But the point is the grtor inside the
trustee
owners
ownership from the trust.
ownership.
So
the checks
for the investment decisions for the
trust responsible
most of the time
any problem is the beneficiary
rules.
letteration.
Okay.
For
the point is
protected
as the guilt is in control
in the
brokerage account
existing life insurance
bank account.
Try as much as possible to follow on the
rules from the trust bank account.
Now,
how do I open my portfolio on a trust?
I have a trust for something else. Okay.
Fine.
So,
Open an account.
Open austidity
complicated.
But very complicated
gave him the trust documents. And by the
way, when they have bank account for the
trust
gave the trust documents for the bank
account.
By the way, the website
fidelity.com/open
minus this account
slash trust. Okay. Fidelity.com/open
minus account/trust
fidelity account brokerage account for a
trust
service.
So this is
protecting assets. Okay.
lawsuit
in
protecting
mini lessons the options market.com/blog
bl
The wisdom for your will.