In this episode of Make It Make Cents (powered by Armstrong Advisory Group), Michele Cropley is joined by financial advisor Paul Lane to discuss estate planning — and why it’s important at every stage of life.

They begin with the basics for newly married couples and young families, covering foundational documents like wills, durable powers of attorney, and healthcare proxies. Paul explains why estate planning isn’t just about end-of-life decisions, but also about protecting your spouse and children in cases of incapacity. The conversation then shifts to how estate planning priorities evolve as families approach retirement, including:

 · Why a will alone may not avoid probate
 · When a trust may make sense
 · Estate tax considerations in Massachusetts
 · Bloodline and divorce protection planning
 · Nursing home planning basics
 · Charitable giving strategies in retirement
 · How required minimum distributions can be used for tax-efficient giving

Estate planning isn’t a one-time task — it’s an evolving strategy that should grow alongside your family, assets, and goals.

To learn more or schedule a no-obligation consultation, visit armstrongadvisory.com or call (800) 393-4001.

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