#219 - How The Crusades Created Trusts as We Know Them

Matt rejoins the podcast to talk about a first step toward estate planning: trusts. That may sound wonky or boring, but stay with us – not only do we make it geopolitical, we make it philosophical, interesting, and relevant. Come for the intersection of politics and planning, but stay for the important points about privacy at the end as well.

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Timestamps:

(00:00) - Intro

(00:28) - Overview of Trusts and Geopolitical Context

(02:59) - Historical Origins of Trusts

(10:09) - Modern Trust Structures and Legal Nuances

(15:33) - Revocable vs. Irrevocable Trusts

(19:08) - Categories and Types of Trusts

(29:12) - Understanding Revocable Trusts

(29:34) - The Role of Trustees and Asset Protection

(29:53) - Privatizing Decision Making with Trusts

(30:41) - Irrevocable Trusts and Third-Party Trustees

(32:31) - Who Needs a Revocable Living Trust?

(33:38) - The Probate Process and Intestate Succession

(35:32) - The Importance of Structured Estate Planning

(38:16) - Advanced Estate Planning Strategies

(41:13) - Demographics and Estate Planning

(52:00) - The Impact of the Corporate Transparency Act

(54:38) - The Importance of Privacy in Estate Planning

(59:10) - Concluding Thoughts and Final Advice

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Referenced in the Show:

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Jacob Shapiro Site: jacobshapiro.com

Jacob Twitter: x.com/JacobShap

CI Site: cognitive.investments

Subscribe to the Newsletter: bit.ly/weekly-sitrep

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Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients’ material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).

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