In this episode of the Financial Beast Podcast, host Eric Miller interviews attorney Patrick O'Connor about the importance of estate planning and asset protection. They discuss the different ways to handle your estate, including dying intestate, having a will, creating a trust, and using beneficiary and survivorship designations. They also delve into the significance of having a durable power of attorney and healthcare surrogate in place. Patrick explains the benefits of using life insurance to fund buy-sell agreements and the importance of choosing the right trustee for your estate. He also touches on the potential impact of estate taxes and the role of corporate trustees. This informative discussion highlights the importance of proactive planning to ensure your assets are protected and your wishes are carried out.