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#41 Coach Damont - Maximize Your Legacy: How to Use Trust Funds for Long-Term Financial Stability

Follow Coach Damont on IG @coachdamont

In this episode, I sit down with Coach Damont, a self-proclaimed future billionaire who went from making a million dollars by age 24 to losing it all by age 27. However, with the help of a billionaire mentor, he was able to change his mindset and unlearn limiting beliefs. During our conversation, Coach Damont shares his story of resilience and the importance of having a support system, such as a trust fund, in building generational wealth. He offers valuable insights on how to use trust funds to give your family structure and support future generations. This episode is a must-listen for anyone interested in building a successful career and investing in their legacy.
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0:00 - 1:05 - Intro
1:05 - 10:58 Coach Damont’s Background and his Billionaire Mentor
10:58 - 18:30 Trusts, What’s a trust?
18:30 - 23:48 Famous People Unprepared Deaths & Life Insurance
23:48 - 32:35 Community Critiques, Victim Mentality , competition with each other,
32:35 - 42:00 1% Club and Trusts, Billionaire Gets Gifted a Trust
42:00 - 47:40 Looking Rich vs. Having Wealth and Structure to pass down to your family
47:40 - 49:37 Outro
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