How Money Works

Safeguard Your Legacy: Avoiding Common Errors in Estate Planning


Listen Later

It's easy to avoid thinking about the realities of aging and the challenges it can bring. But, overlooking the true costs of healthcare and assistance can leave even the best financial plans vulnerable. Jennifer is joined by her son (and financial advisor) Cameron to explore why these risks are so commonly underestimated and what it means for your future security. Are you truly prepared for the hidden costs of growing older? Tune in the find out.

Here's some of what we discuss in this episode:

📛 Designations Matter: why beneficiary forms override your will

💸 Planning for Expenses: the danger of ignoring future healthcare and long-term care costs

🔄 Update Your Heirs: outdated beneficiaries that send assets to the wrong person

🏡 Don't Gift Too Soon: tax traps when transferring property while alive

🤝 Avoid Family Conflict: how communication prevents litigation

Contact Maestro Wealth:

Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/

Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Phone: 336-448-1086

...more
View all episodesView all episodes
Download on the App Store

How Money WorksBy Craig Moser


More shows like How Money Works

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,236 Listeners

The Stacking Benjamins Show by Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

The Stacking Benjamins Show

1,993 Listeners

Your Money, Your Wealth by Your Money, Your Wealth

Your Money, Your Wealth

809 Listeners

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing by DIY Money

DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

879 Listeners