Everything Estate Planning

#259 | 𝗦𝗼𝗹𝘃𝗲 𝗧𝗵𝗶𝘀 𝗣𝗿𝗼𝗯𝗮𝘁𝗲 𝗣𝗿𝗼𝗯𝗹𝗲𝗺: 𝟮 𝗦𝗶𝗯𝗹𝗶𝗻𝗴𝘀 + 𝟭 𝗛𝗼𝘂𝘀𝗲 = ❓ 🧓🏠🧑‍🦰 What happens if one sibling wants to sell an inherited house but the other wants to sell it? Dealing with a complicated probate process while also working through personal grief and loss can cause emotions and tensions to run higher, even (or especially) between siblings.  There are a few solutions to choose from, some less mes...

#258 | It's Much More Than Just a Bunch of Documents! 🤷‍♀️ 𝗪𝗵𝗮𝘁 , 𝗘𝘅𝗮𝗰𝘁𝗹𝘆 , 𝗔𝗿𝗲 𝗬𝗼𝘂 𝗣𝗮𝘆𝗶𝗻𝗴 𝗙𝗼𝗿 ? Online/DIY estate planning may be gaining in popularity, but there are at least four common issues we regularly have to correct for our clients. Here's why your estate plan should include much more than just a few signed documents. 🧩 𝘔𝘢𝘬𝘦 𝘴𝘶𝘳𝘦 𝘺𝘰𝘶𝘳 𝘦𝘴𝘵𝘢𝘵𝘦 𝘱𝘭𝘢𝘯 𝘪𝘯𝘤𝘭𝘶𝘥𝘦𝘴 𝘵𝘩𝘦 𝙥𝙡𝙖𝙣𝙣𝙞𝙣𝙜 𝘱𝘪𝘦𝘤𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘱𝘶𝘻𝘻𝘭...

#257 | Can't My Mom Just Take My Kids?    "𝘔𝘰𝘮 𝘴𝘢𝘪𝘥 𝘴𝘩𝘦'𝘭𝘭 𝘵𝘢𝘬𝘦 𝘵𝘩𝘦 𝘬𝘪𝘥𝘴, 𝘴𝘰 𝘸𝘦'𝘳𝘦 𝘢𝘭𝘭 𝘴𝘦𝘵." Is that really all there is to it? If something happens to you, what's the guardianship process like? Will your mom get your kids, just because that was the understanding in your family? How do you make it legal? Will your wishes hold up in Court?   𝗣𝗮𝗿𝗲𝗻𝘁𝘀, 𝗹𝗶𝘀𝘁𝗲𝗻 𝘂𝗽! 𝗜f you've got 𝗺𝗶𝗻𝗼𝗿 𝗸𝗶𝗱𝘀 - 𝗼𝗳 𝗮𝗻𝘆 𝗮𝗴𝗲...

#256 | 𝗪𝗲 𝗔𝗟𝗟 𝗡𝗲𝗲𝗱 𝗜𝘁. But 𝗢𝗻𝗹𝘆 𝟯𝟯% 𝗼𝗳 𝗬𝗼𝘂 Are Getting it Done!   We tackle an age old question, with a healthy dose of reality. Still think estate planning is irrelevant? If you're 18 or older, this episode is personal and it applies to you, 𝙬𝙝𝙞𝙡𝙚 𝙮𝙤𝙪'𝙧𝙚 𝙨𝙩𝙞𝙡𝙡 𝙖𝙡𝙞𝙫𝙚 by the way.   It's time to blow this statistic away. 𝗧𝗵𝗼𝘀𝗲 𝟯𝟯% 𝗞𝗻𝗼𝘄 𝗪𝗵𝗮𝘁'𝘀 𝗨𝗽! 💯   --   We're here to help you learn more !  Please...

#155 | 𝗧𝗵𝗶𝘀 𝗦𝘁𝘂𝗳𝗳 𝗗𝗢𝗘𝗦𝗡'𝗧 𝗚𝗼 𝗶𝗻 𝗬𝗼𝘂𝗿 𝗧𝗿𝘂𝘀𝘁   Got a Trust? Great! 𝗗𝗼𝗻'𝘁 𝗝𝘂𝘀𝘁 𝗗𝘂𝗺𝗽 𝙀𝙫𝙚𝙧𝙮𝙩𝙝𝙞𝙣𝙜 𝗶𝗻 𝗧𝗵𝗲𝗿𝗲. 🫣   We get it. You want to avoid Probate. So do we. But there are at least 3 things you probably won't want to put in your Trust. We break down what they are and what to do with these assets instead.   --   We're here to help you learn more !  Please comment and let us know if you found this addi...

#254 | 𝗖𝗮𝗻 𝗬𝗼𝘂 𝗚𝗲𝘁 𝗮 𝗦𝘁𝗲𝗽 𝗨𝗽 𝗙𝗿𝗼𝗺 𝗦𝘁𝗲𝗽 𝗠𝗼𝗺 ? What happens if you inherit a house from one parent or stepparent but they're no longer married to your other parent? Will you lose the step-up basis? Will you have to pay capital gains now? Do you need to worry about inheritance tax? We've got you covered.   --   We're here to help you learn more !  Please comment and let us know if you found this addi...

🤑 $ 𝟳𝟬 𝗠𝗜𝗟𝗟𝗜𝗢𝗡 🤑 Is Some of it Yours?! That's how much is sitting out there in unclaimed funds. Could some of it belong to you? Don't get ghosted 👻 by your own cash. Here's where to find it, how to file a claim and go get your money!   --   We're here to help you learn more !  Please comment and let us know if you found this additional knowledge useful to you…and plus, it would be awesome if yo...

#252 | Can the Irrevocable be Revoked?  You've created an irrevocable trust, your circumstances drastically changed and now you need to access some of those assets. Does this mean you're screwed? It can get complicated but it may be possible. There are definitely a few things you'll want to discuss with your attorney, which we'll outline for you here. --   We're here to help you learn more !  Plea...

#251 | 𝗛𝗼𝘄 𝗠𝗲𝘀𝘀𝘆 𝗖𝗼𝘂𝗹𝗱 𝗶𝘁 𝗚𝗲𝘁?   If you choose an executor or trustee and they pass away before you, what happens to your estate plan? This can happen, especially for those who choose siblings or trusted agents that are from their generation or older. The key is making sure your plan has fail-safes built in like the ones in this episode.   --   We're here to help you learn more !  Please comment a...

#250 | 𝗪𝗵𝗮𝘁 𝗶𝗳 𝗠𝘆 𝗕𝗲𝗻𝗲𝗳𝗶𝗰𝗶𝗮𝗿𝘆 𝗣𝗮𝘀𝘀𝗲𝘀 𝗕𝗲𝗳𝗼𝗿𝗲 𝗜 𝗗𝗼?   You could be covered, need a simple update or possibly an entire new plan. Much depends on how your estate plan was set up in the first place. Does your plan have the protections outlined in this episode?     --   We're here to help you learn more !  Please comment and let us know if you found this additional knowledge useful to you…and plus, it...

#249 | Is it an Asset or Income?  In estate planning it makes a huge difference! Whether or not you're retired is a major factor in which plan might be right for you. The devil's in the details! --   We're here to help you learn more !  Please comment and let us know if you found this additional knowledge useful to you…and plus, it would be awesome if you would SUBSCRIBE too! It would mean a lot t...

#248 | Where Should You Keep the Originals?   Imagine your family tearing apart your house to try to find a Will. Or what if your attorney retires or worse, passes away? 𝗪𝗵𝗲𝗿𝗲 𝗶𝘀 𝘁𝗵𝗲 𝘀𝗮𝗳𝗲𝘀𝘁 𝗽𝗹𝗮𝗰𝗲 to store your original documents 𝘈𝘕𝘋 make sure that 𝘆𝗼𝘂𝗿 𝘁𝗿𝘂𝘀𝘁𝗲𝗱 𝗮𝗴𝗲𝗻𝘁𝘀 𝗰𝗮𝗻 𝗮𝗰𝗰𝗲𝘀𝘀 them? Find out why your home filing cabinet is  probably NOT the best place!   --   We're here to help you learn more ! ...

#247 | 🗣️ 𝗪𝗵𝗼 𝗦𝗵𝗼𝘂𝗹𝗱 𝗬𝗼𝘂 𝗧𝗲𝗹𝗹 𝗔𝗯𝗼𝘂𝘁 𝗬𝗼𝘂𝗿 𝗘𝘀𝘁𝗮𝘁𝗲 𝗣𝗹𝗮𝗻?    You've done the work. Your estate plan is in place. Now, who needs to know? There are 𝗮𝘁 𝗹𝗲𝗮𝘀𝘁 𝟱 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗽𝗲𝗼𝗽𝗹𝗲 that you'll want to talk to now. So 𝘄𝗵𝗼 should you share with , 𝘄𝗵𝗲𝗻 should you talk to them and 𝗵𝗼𝘄 𝗺𝘂𝗰𝗵 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 do you want to divulge? Watch this video to find out!   --   We're here to help you learn more !  Please commen...

#246 | What Happens if I Forget to Fund My Trust? 𝗪𝗵𝗮𝘁 𝗛𝗮𝗽𝗽𝗲𝗻𝘀 𝗶𝗳 𝗬𝗼𝘂 𝗡𝗲𝘃𝗲𝗿 𝗙𝘂𝗻𝗱 𝗬𝗼𝘂𝗿 𝗧𝗿𝘂𝘀𝘁? Funding is when you transfer assets into the trust. So, what happens if someone has a trust but they 𝗻𝗲𝘃𝗲𝗿 𝗳𝘂𝗻𝗱 it or they 𝘂𝗻𝗱𝗲𝗿𝗳𝘂𝗻𝗱 it? This is one of the most common estate planning mistakes we see, so this one is a must-see!   --   We're here to help you learn more !  Please comment and let us know if y...

#245 | Do We Have to Create Our Own Trust Now? Dad had a trust. The brothers are beneficiaries. Now what? Do they each need to create their own trust to receive their inheritance? Find out the answer and the reason why in this episode.  --   We're here to help you learn more !  Please comment and let us know if you found this additional knowledge useful to you…and plus, it would be awesome if you...

#244 | 🏠 Can I Sell a Home in a Living Trust?🏠 There are actually a lot of things you can do with your assets in a Living Trust. You'll want to make sure your Trust is worded correctly and there are few other details to take into consideration. Don't worry. We'll cover all that and more in this episode. --   We're here to help you learn more !  Please comment and let us know if you found this ad...

#243 | 𝗪𝗶𝗹𝗹 𝗠𝗼𝗺 𝗜𝗻𝗵𝗲𝗿𝗶𝘁 𝗗𝗮𝗱'𝘀 𝗗𝗲𝗯𝘁?! 😱   Scenario: Dad passed away. An insurance refund check is expected, and Mom needs to open an estate in order to cash it. Can Dad's creditors now come after Mom for his debt? We'll break it down here. --   We're here to help you learn more!  Please comment and let us know if you found this additional knowledge useful to you…and plus, it would be awesome if yo...

#242 | When Someone Dies, What Happens Next Legally?   First of all, our deepest condolences to anyone who is currently facing this difficult time in their lives. Our purpose is to help you through the legal process and give you peace of mind that things are handled correctly, while you and your family focus on healing.   --   We're here to help you learn more !  Please comment and let us know if...

#241 | 🚫 Don't Put Your Kids On Your Bank Accounts!! 🚫 Wait. What? Why?!  😱 There are 2 main reasons, but the bottom line is it doesn't benefit you that much and it could cost your kids bigtime later.   --   We're here to help you learn more !  Please comment and let us know if you found this additional knowledge useful to you…and plus, it would be awesome if you would SUBSCRIBE too! It would m...

#140 | The Truth About the "Reading of the Will" A bickering family together in the lawyer's office. A catchy Taylor Swift song. All sorts of images may come to our heads when we think about a Will Reading. Here's what really happens and how it might affect you.   --   We're here to help you learn more !  Please comment and let us know if you found this additional knowledge useful to you…and plus,...

#239 | 🥴🥴𝗪𝗵𝗮𝘁 𝗶𝗳 𝗧𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝟮 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝗪𝗶𝗹𝗹𝘀?!🥴🥴   Bottom line, the most recent one may stand. However, this video outlines 6 mitigating factors that may make it worth it to contest the newer version. Discover what some of your option may be here. --   We're here to help you learn more!  Please comment and let us know if you found this additional knowledge useful to you…and plus, it would be a...

#238 | Why is Everyone So Freaked Out About Probate?! Facts. There are many different reasons why you DON'T want you or your family to ever have to go through Probate. This episode breaks down just 10 of the biggest reasons why most people try to avoid Probate whenever and however possible. If you're facing a lengthy administration process because someone in your family didn't have a proper estate...

#237 | What if There's No One I Trust?! You're ready to start your estate plan, but you don't trust anyone in your family to make financial or health decisions for you if you're incapacitated. Or you don't have anyone you trust enough to be the Trustee at your passing. So, now what do you?    This shouldn't be the thing that stops you from being protected, especially when you find out the "worst c...

 #236 | 𝗗𝗼 𝗪𝗲 𝗛𝗮𝘃𝗲 𝘁𝗼 𝗨𝘀𝗲 𝘁𝗵𝗲 𝗦𝗮𝗺𝗲 𝗔𝘁𝘁𝗼𝗿𝗻𝗲𝘆 ?   When someone passes, do you have to use the same attorney that drafted their Trust or Will? What if you don't like or feel comfortable with them?   The Administration process can take a while, especially if Probate is required, so here are a few important things to consider before making your final decision. --   We're here to help you learn more!  P...

# 235 | I Got Kids, A House & A Business - Where Do I Start?  Sound like "lions, tigers and bears, oh my"? It may seem like a lot, but actually your core plan doesn't have to be as complicated as it sounds. In this episode we break down the basic documents every adult age 18 or older needs, as well as what a family with property and a business may want to consider to make sure everything and every...