Ian Filippini

Ian Filippini

The Basics – Trusts

If you are not familiar or comfortable in the financial world, there is some financial vocabulary that can be a little bit intimidating. Trust is one of those words that can be scary just because you are not sure what it exactly means. In this article, we will get down to the basics of what trusts are. To get the most accurate financial advice and information, you should always talk to your financial professional. Ian Filippini is a trusted and skilled financial professional. In this article Ian Filippini will briefly discuss the basic information that you should know about trusts. Ian Filippini will give a brief definition of trusts, describe the benefits to creating a trust, and who might benefit from trusts.

Ian Filippini has heard asked many times: So what is a trust, really? Ian Filippini says that a trust has three basic parts. According to Ian Filippini, a trust has the trustor, the trustee and the beneficiary. The trustor is the person who creates the trust. The trustee is the person that is in charge of the assets named in the trust. The beneficiary is who will eventually receive the property and/or assets named in the trust. These are the very basics of what a trust is, according to Ian Filippini.

Ian Filippini says that trusts have several important financial benefits. Ian Filippini asserts that a trust can help avoid probate, special family items or assets can definitely remain in the family, and there is also at the very least a reduction in the death tax. Ian Filippini says to talk with your financial advisor on the specific benefits that would come to you in preparing a trust.

Ian Filippini also wants to remind you that a trust can be beneficial for many people whether you have a large or a small estate.

Ian Filippini, the current president of Filippini Wealth Management, Inc., has written a number of articles relating to insurance, real estate, tax, asset protection, financial advice, and estate planning. Filippini Wealth Management, Inc. and Ian Filippini have spent many years using their unique expertise and hands on approach to provide value to hundreds of retirees and pre-retirees in many areas of wealth management.

Filippini Wealth Management, Inc. was originally established by Ian Filippini’s late father Alfred Filippini. Filippini Wealth Management, Inc. is located on Coast Village Road in Montecito, California. Ian Filippini’s mother, Deborah Filippini, brother, Alex Filippini, and the family moved to the Santa Barbara area.
No advice is given or intended by Ian Filippini. Ian Filippini is not an attorney. Filippini Wealth Management, Inc. is not a law firm. This article is not to be considered legal advice.

Ian Filippini