Today I go through important yet basic estate planning documents including wills, living trusts, health care directives and durable power of attorney. I also explain how living trusts negate expensive probate costs among other benefits while addressing several common questions:

• Which estates need probates
• Generation skipping trusts
• How to create a living trust and what should be under the name
• Pour-over will
• Common trust mistakes such as not taking care of your digital assets
• Advanced estate planning ideas

 

 

Don’t forget to sign up for our 10 Pillars of Retirement Income Planning seminar on Thursday, July 28th at Double Tree by Hilton in Burlingame. Rob Black, Michelle Lerman and I will share investment ideas and estate planning mistakes to avoid that will help you live well for decades. Registration is only $5 so click HERE to sign up!

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.