Geoff Madsen

Chief executive and chairman of Independent Trust Company and fifth-generation trust beneficiary, providing expertise on trusts, fiduciary duties, and multigenerational wealth preservation.

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Oct 7, 2019 • 28min

Dead Celebrity Ep 8 – Anthony Bourdain, Aretha Franklin and the Basics of Trusts

In this insightful discussion, Geoff Madsen, CEO of Independent Trust Company and a fifth-generation trust beneficiary, delves into the often-hidden world of celebrity estates. He explains how trusts protect wealth and maintain privacy, debunks myths about probate, and outlines the various advantages of using trusts for family legacy preservation. Discover how trusts can incentivize heirs and the crucial importance of proper funding. Geoff also highlights the benefits of professional trustees over relatives, sharing lessons from high-profile cases like Michael Jackson's.

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