Who needs a trust? Think about it like specialty insurance. Some people genuinely need it based on their circumstances; others don’t. You wouldn’t add rust protection to a vehicle unless your environment called for it. The same idea applies here.
When you’re early in your career, much of financial advice focuses on the essentials — budgeting, saving, retirement contributions — but what a lot of people neglect is what would happen to those assets in case of an early or unexpected loss of life. It’s not a fun topic, but, especially once you’ve started a family, it becomes really important.
*Representatives are licensed to offer insurance and annuity products in AL, FL, GA, IL, IN, KY, MA, ME, MI, MO, NH, OH, SC, and TN and are licensed to offer investment products in AK, AL, AR, AZ, CA, CO, CT, FL, GA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, NC, NE, NH, NM, NV, NY, OH, OR, PA, SC, TN, TX, VA, WA, Washington DC and WV. This website and its content are not intended for residents of other states. Securities offered through: The O.N. Equity Sales Company, Member FINRA/SIPC, One Financial Way, Cincinnati, OH 45242. 513.794.6794 Investment Advisory Services offered through The O.N. Investment Management Company. Estate Planning Services provided in conjunction with your licensed legal advisor.