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Millionaire University
182. Ensuring Generational Wealth: How a Trust Fund Can Help Preserve Your Legacy With Diana Khan
Oct 16, 2024
Diana Khan, an attorney and founder of DK Law Group, specializes in real estate and estate planning while managing seven companies. She explains that trust funds are not just for the wealthy; they play a critical role in generational wealth preservation. Diana discusses the vital differences between wills and trusts, the emotional toll of poor planning, and the benefits of avoiding probate. Listeners will also hear about her entrepreneurial journey and the importance of balancing family life with business success, all while setting up a lasting legacy.
44:16
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Quick takeaways
- Understanding the role of trust funds is crucial for anyone looking to preserve generational wealth and avoid probate complications.
- Diana's entrepreneurial journey highlights the importance of balancing business responsibilities with family life amidst financial planning challenges.
Deep dives
The Importance of Smart Spending
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