Trust Fund - How to manage by Adrian Rorat-Luke https://padlet.com/jubek_1999/td8h335a1gh0 Made by: Adrian Rorat- Luke en-us 2019-11-25 17:21:29 UTC 2026-02-28 19:40:07 UTC hello@padlet.com jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416277042 Trust money is a great way to build wealth for people who will live in the future, but many new (people or businesses who give money to help start businesses) tend to shy away from them because they think they are only for the rich. Although trusts are usually connected with (a rich, powerful person) families and powerful persons, trust money can make a lot of sense even if you are, for example, a widowed grandmother who just wants to leave $30,000 to a (child of a child) to help them complete their education.]]> 2019-11-25 17:23:32 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416277042 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416278415 This first webiste will show you everything you need to know about Trust Funds in Canada, it goes to show you, what is a trust, how Canadian Trust are different and Living or Estate Trust and how to work. ]]> 2019-11-25 17:25:43 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416278415 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416286014 So here's a picture breaking down the different regions of trust funds. It shows the Overall Trust Account Balance, % of Trust Account balance, Suspense Account Balance and % of Suspense Account Balance.]]> 2019-11-25 17:38:08 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416286014 Website#2 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416294942 I found this website very istersting because most people think that a Trust fund is only for "Rich People" but this goes to show how you get your Trust Fund set up. ]]> 2019-11-25 17:54:16 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416294942 Website#3 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416298533 A trust is usually set up to provide (related to managing money) security for children or other family members. It can contain some valuable things beyond cash and (ways of investing money), such as property. Trusts function differently than bank accounts, as the valuable things are deposited at once and (people who receive something valuable) usually only gain direct access when they reach adulthood. They also differ from wills as they aren't subject to probate.]]> 2019-11-25 18:00:54 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416298533 Video#1 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416298758 This is a short video showing that Trust funds aren't only for the richer people and that anyone can do it as long as they know what they're doing]]> 2019-11-25 18:01:19 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416298758 Video #2 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416309079 The second video here shows how trusts can help to protect family assets.
I chose this video because it has very great detail on how to protect family assets, and it basically shows you how to get a trust started up for your soon to be kid and get their life started off on the right foot.]]> 2019-11-25 18:18:32 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416309079 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416322070 For this video its going to go over 5 advantages of a family trust and why its a good idea to set one up ASAP
I chose this video because I covers 5 important things that make a family trust worth it. 

]]> 2019-11-25 18:38:47 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416322070 Website#4 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416324844 In many countries (especially the UK and US), trust money is a great way for a family to grow wealth for the younger generations. In the past, trust money have been connected with (a rich, powerful person) families that have a big amount of wealth. But that's changed over time; trust money is now also attractive to middle class families who want, for example, to secure/make sure of their (child of a child) receives a quality education.
I chose this last website because this has the 4 facts about trust funds and can really break down and show you if its something for you or not.
]]> 2019-11-25 18:43:17 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416324844 Video #4 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416329426 This last video goes to show the simple version of all the other trust fund videos and it breaks it down in the best way possible to understand.
I chose this video also because it shows how you can send your money over to you family the best way, and it can reduce the tax.]]> 2019-11-25 18:51:01 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416329426 Picture#2 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416332809 This picture here is a basic way to show you the order it goes in and what it basically is, this is probaly one of the best and quickest ways to understand how it works and what it does for you. ]]> 2019-11-25 18:57:04 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416332809 jubek_1999 https://padlet.com/jubek_1999/td8h335a1gh0/wish/416339232 1: What did you learn about your topic that surprised you the most?
Honestly with this topic I didn't really know what a "Trust Fund" was but after further resasrch the thing that surprised me the most was that basically anyone that has enough money can get started on a trust fund.
2: Provide a real-life example of how this topic is relevant or  interesting
for you.
A real life example that is interesting to me is that I've only really known about a tax free savings account and I've been putting all my money there my whole life. But now that I know about trust I might have to start looking into that and try putting some money down in there so I have something for my kids in the future.
3:If you could pass on your knowledge to a family member or friend, what
do you think is the most important thing to pass on?
I would most defiantly pass on the fact to start as early as you can and start planning for your future because honestly if you don't is going to affect you tremendously. ]]> 2019-11-25 19:07:52 UTC https://padlet.com/jubek_1999/td8h335a1gh0/wish/416339232