Justin Colby
π€ SpeakerAppearances Over Time
Podcast Appearances
I mean, putting properties in trust, that's not to say it's easy, but like, it's a little more common knowledge.
I just literally last week I interviewed a, uh, asset, uh,
protection lawyer.
And we talked all about irrevocable and revocable.
So that's of knowledge, but that middle part where you created, I think that's really brilliant, especially for the kids.
It's advantageous for sure.
And this is the little things that people don't understand because they build for kind of income and or, again, if we go back to ego, oh, I have $50 million in assets.
But have you really structured it right?
I mean, so are you putting this all in a revocable or irrevocable trust?
Can you pull, like, let's just say you're like, hey, I want to pull 500 grand out of my equity.
You can go, as long as it's in a revocable trust, you can go pull a HELOC.
Yep.
We can pull equity.
Irrevocable, you cannot.
Which is why people do that, right?
It's in there forever.
Funny, I just had a conversation with Bill Pulte.
Okay, right on.
Speaking about access.
So if you guys all don't know, but Pulte Home Builders is the largest across the nation.