It's important for us to put our legal affairs in order to provide comfort and support to our families when they deal with loss by doing legacy and will planning. In this episode, Sirisha discusses the crucial elements of wills and trusts with her guest, Dr. Namrita Nottani, who brings her expertise as an Estate planning lawyer.

Don't forget to utilize the  legal assistance benefits offered by many companies to create your will, trust and other legal documents, to navigate the emotional and legal process of dealing with the loss of a loved one.  We dive into the necessity of consolidating all relevant information regarding assets, money, accounts, and passwords. The importance of proper execution, notarization, and witnessing in ensuring a smooth transfer of assets very critical. The conversation touches on the potential complications of using online wills or legal zoom, as well as the drawbacks of adding adult children's names to property deeds or joint accounts.

 Sirisha and Dr. Nottani also shed light on the intricacies of estate planning for minor children, such as the need for separate nominations for temporary and permanent guardianship.  Do not wait until the last moment to make important decisions about your wills and trusts. 

Lawyers can help you navigate the complex world of legacy and will plan, particularly for 1st, 2nd, and 3rd generation immigrants. Don't miss out on the expert advice and practical tips shared in this episode by Sirisha and her guest, Dr. Namrita Nottani, as we help listeners protect their loved ones and secure their financial future.

We encourage our listeners to engage with the show " Life Beats with Sirisha" by reaching out with ideas and suggestions through social media platforms like Facebook, Instagram, and email.

She became fascinated by how a simple piece of paper, such as a holographic will, could hold immense power in determining the destiny of one's assets. However, she also realized the potential complications that can arise from the traditional process of probate. Understanding the desire for a simpler and more streamlined approach, Namrita dove into the world of trusts. She discovered that by setting up a trust, individuals could bypass the time-consuming probate process and allow their chosen trustee to swiftly distribute assets according to their wishes. This not only benefits the beneficiaries by providing immediate access to the property but also saves them from t

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I'm a former tech executive, a podcast host and an entrepreneur. I work with Universities on Organizations to transition students to the corporate world and building successful leadership pipelines ensuring a healthy financial future.

If you're interested in coordinating or working with me on keynotes, workshops, or on a one on one basis, you can go to my website www.sirishakuchimanchi.com

Check out my other podcast "Women, Career & Life" where I share stories and practical advice to achieve your career & life goals as you strive towards financial independence.

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