Welcome to "The Main Street Code for Financial Success"! Today, we engage in a crucial discussion about trusts, estates, and the intricacies of financial planning. Hosted by Neil Himmelstein, we're joined once again by the esteemed Cheryl Katz, a partner at Forchelli Deegan Terrana LLP specializing in trusts and estates.



In this episode, we dive deep into the complexities of estate planning, touching on issues like tenants in common and the importance of having specialists in every legal area. We share real-life examples, highlighting the pitfalls of inadequate planning and the importance of having a clear, well-structured estate plan.



We also cover topics like the role of insurance advisors, the need for independent legal and financial advice, and the repercussions of improper planning on families. We discuss the necessity of specialist attorneys and emphasize the value of seeking professional guidance for your specific needs.



Tune in to this insightful episode for an in-depth understanding of the complexities of estate and financial planning. Catch "The Main Street Code for Financial Success" every Friday at 3 PM EST on 103.9 L.I. News Radio.

Don't miss our upcoming event in January at Cheryl's law firm, where we'll delve further into these critical issues.



Remember, you can always catch up on missed episodes on YouTube, Spotify, Apple Podcasts, or visit www.themainstreetcode.com for more insights.

Reach out to us with your questions and concerns at 631-647-4694, and connect with Cheryl Katz at 516-248-1700 for specialized advice.