Retiring Well: When You Need a Trust

Downtime during the pandemic has given some people more time to take a look at their retirement plans.

We have retirement tips every Sunday on 9&10 News at 11:30 a.m. on the show Retiring Well.

This week they’ll be talking about when you need a trust, the finer points of taxation on a surviving spouse, and the difference between active and passive management.

“There’s no buying or selling going on, it’s just a basket of securities, then you are passively invested. Because it’s not going to make a change accordingly. Active management is quite the opposite. It’s going to react to the market fundamentals, it’s going to make changes when it’s necessary,” explained Larry Flynn, a financial advisor with Centennial Wealth Advisory.

Retiring Well is put on by Centennial Wealth Advisory.

You can catch it on 9&10 at 11:30 Sunday morning.