Leaving a legacy behind isn’t something everyone wants to do, but if it’s a priority for you, then estate planning is a big piece of that process. Whether you’re a business owner or an individual, estate planning attorney Steve Brown will help you get a better grasp of the process and why it’s so important.

 

Read more and get additional financial resources here: https://kcbusinesshuddle.com/business-owners/ep-2-estate-planning-guidance-tips-with-steve-brown/138/ 

 

Today's show schedule: 

0:38 – Estate Planning Attorney Steve Brown joins the show today.

1:06 – Background on Steve 

1:45 – How did you decide to be an attorney and specifically estate planning?

3:20 – What approach do you take to the job?

5:46 – What is the net worth of your typical clients?

6:42 – How does the lifespan process work?

8:55 – Everyone has a default estate plan once you turn 18.

10:20 – Bernie shares a story of an inheritance at 15 years old and how it caused issues within a family.

12:10 – How can someone structure an estate plan to have control over how the inheritance is spent?

13:48 – What’s the process he uses that sets him apart from other attorneys? 

16:54 – Many people have an unfunded trust.

19:20 – Business succession planning

22:59 – 5 levels of asset protection

25:01 – What’s the process of determining your level?

28:02 – What estate planning advice would you give business owners?

29:15 – Best way to get a hold of Steve for any questions.