Beth Handwerker is a financial planner who also specializes in estate planning. She helps clients walk through creating estate planning documents that help make things as easy as possible for those left behind. Beth believes that the documents are only part of the estate planning process. She also explores preparing your heirs for wealth. A fun part of the process for Beth is documenting family stories, recipes, or history that you want to ensure aren't forgotten. Estate planning is more than just the transfer of wealth. Beth also wants to transfer wisdom, a legacy.

Beth is passionate about estate planning because she's seen the effects of bad planning with her own family. Her mother passed away and their family ran into some issues with property titling. One issue caused her father to open probate in a separate state because a timeshare did not have the correct ownership. The other situation involved a property that was never moved from her mother's ownership to her family's partnership ownership. The mistake was discovered 5 years after her mother's passing, while in the process of selling the property. This caused delays in selling the property and raised several tax questions. It's very important to Beth that no one has to go through something like that. Part of the process at James is helping our clients transfer properties to the correct ownership to minimize any delays and headaches!

Listen to this informative Your Life. Your Legacy. episode with Beth Handwerker where she shares how to:

● Explore the importance of estate planning in preserving your legacy.

● Discern common pitfalls in estate planning and ways to avert them.

● Master the art of planning for special needs children and setting up special needs trusts.

● Become aware of integrating charitable donations into your estate plans for communal benefit.

● Familiarize yourself with vital incapacity planning documents including powers of attorney and living wills.

Here is what to expect on this week’s show:

● Significance of Estate Planning

This ensures that if individuals become unable to voice their medical or financial preferences, those decisions can be responsibly managed according to their wishes.

● Common Missteps in Estate Planning

Understanding these avoidable missteps can help individuals create a more effective and robust estate plan, safeguarding their interests and those of their loved ones from potential legal issues.

● Planning for Special Needs Children

Planning for special needs children presents unique challenges, requiring parents to think about their child's care long after they're gone.

“Your legacy is about teaching and making sure that the next generation can handle and can do even more than what you did.”

- Beth Handwerker

Connect with Beth:

Website: https://www.jamesinvestment.com/

LinkedIn: https://www.linkedin.com/company/james-investment

Email: [email protected]

X (Twitter): https://twitter.com/JamesInvt

Facebook: https://www.facebook.com/jamesinvt

About your guest host, J. Diane Robinson:

J. Diane Robinson, a CLTC® certified Registered Representative at Innovation Partners, LLC, and Investment Advisor at IP Financial Advisory Services, LLC, specializes in guiding businesses and individuals toward financial security. She offers services such as business planning, financial products, and compliance expertise, ensuring clients' unique needs are met.

Connect with J. Diane:

LinkedIn: https://www.linkedin.com/in/jdrobinson/

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