Ryan is a trust and estates attorney. He represents entrepreneurs, families, and financial institutions with a primary focus on shouldering his clients’ problems and helping them achieve their objectives.
On this episode, Ryan and Chris discuss:
➡️ the 6 Basic Estate Planning Documents
➡️ how parents can set up plans for their children
➡️ succession planning for family businesses
➡️ using trusts in PE investments
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Additional Resources
👉 Baker Heath
👉 Contact Ryan: 817.769.2745
👉 Email Ryan: Ryan@bakerheath.com
👉 The 6 Basic Estate Planning Documents Deep Dive Videos
👉 Estate Recommendations based on Net Worth
➡️ Fort Capital: https://bit.ly/FortCapital
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➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
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Timestamps
(00:03:27) Ryan’s background and career
(00:05:15) The 6 Basic Estate Planning Documents
(00:08:10) Planning parents can do for their young kids
(00:15:27) When you should be revisiting your plan?
(00:17:53) Are there any functions within a trust that kick in before a child becomes an adult?
(00:19:03) What happens when a beneficiary is incapable of managing money?
(00:22:52) Handling planning when you have multiple children
(00:30:01) Succession planning for businesses
(00:46:26) Adjusting plans when a loose cannon marries into the family
(00:53:00) Planning at different levels of net worth
(01:02:06) Money by surprise scenarios
(01:07:01) Controlling from the grave
(01:11:03) Scenarios when you’re worth >$100 million
(01:13:48) Transferring Real Estate
(01:17:38) Twitter Questions
(01:20:47) Using Trusts in PE Investments
(01:23:27) Vertical Slicing for Fund Managers
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The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.
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