The two things everyone will face one day are death and taxes. Estate planning attorney Lindsey Paige Markus helps her clients plan for what will happen at their death and protect as much of their wealth from unnecessary taxes as possible.  As a trusted advisor and bestselling author, Lindsey demystifies the world of trusts, asset protection, and tax planning, revealing how proper estate planning can safeguard your legacy and provide for your loved ones.

In this episode, Lindsey explains how estate planning goes far beyond just having a will. She discusses the power of trusts to protect assets from creditors and ex-spouses, as well as their ability to minimize tax liabilities. With major changes to estate tax laws on the horizon, Lindsey stresses the urgency for high-net-worth individuals to act now. She explores how certain kinds of trusts can be used strategically to protect wealth, even in complex situations like divorce. 

Lindsey also explains how proper estate planning can help couples who don’t want to divorce, but also don’t want to continue living in a traditional marriage, restructure their marriage in a way that preserves their wealth for their children. In this type of “legacy marriage” couples can continue to achieve their financial goals AND create a different kind of relationship that allows them to stay “married” but live life on their terms.

About Lindsey
Lindsey heads Chuhak & Tecson’s 25-attorney Estate Planning & Asset Protection group and works closely with business owners and families to plan their estates, protect assets, transfer wealth and reduce tax liabilities. Lindsey is the author of A Gift For The Future – Conversations About Estate Planning which takes readers on a journey through the world of estate planning. In her easy-to-follow writing style that eschews legalese and needless jargon without sacrificing sophistication or thoroughness, Lindsey provides the ins and outs of every estate planning tool, from simple to advanced. She interweaves the family story of Jack and Diane, to guide readers through estate planning needs from the time they decide to marry through the birth of children, business growth, divorce and the complex formation of new families and relationships.

Connect with Lindsey
Connect with Lindsey on LinkedIn at Lindsey Markus and on Facebook at Lindsey Paige Markus. Visit her website at Lindsey Markus and learn more about Lindsey’s book at A Gift For The Future.  

Karen Covy is a Divorce Coach and Consultant, Lawyer, Author, and Speaker who is dedicated to helping people make the best decisions possible for themselves, their families, and their future - especially in stressful times. You can check out Karen's videos on YouTube.

You can connect with Karen on LinkedIn, Facebook, Instagram, Twitter, and on her own website at karencovy.com.