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In this segment, Mark Kohler explains that a living trust functions as the blueprint for an individual's entire financial life. He stresses that a trust should own all financial entities—LLCs, corporations, rental properties, bank and brokerage accounts, life‑insurance policies, and the personal residence—so that everything remains connected, organized, and clearly mapped for what happens if the owner becomes incapacitated or dies. This comprehensive ownership model is why wealthy families view the trust as the essential system that both organizes and controls their assets.

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