06.01.2014 - By Attorney, Entrepreneur, and Founder of Smart Planning 101, Nicole Wipp
Even though wills are one of the, if not the, most familiar legal documents there are, the fact of the matter is, most people don’t really understand how they work.
Unfortunately, wrong information gets perpetuated by the talking heads of conventional wisdom…and bad decisions are made as a result. Is a will right for you? Are you sure?
This episode is about getting rid of some of these misconceptions. I (Nicole) talk about 5 of the most common things people don’t know about wills, and why they are crucial to smart planning.
WHAT YOU WILL LEARN IN THIS EPISODE:
Nicole Wipp, Family Estate Planning & Elder Law Attorney, Host of Smart Planning 101 Podcast
Why a will is your ticket into probate court
How wills create a perfect situation for predators that may be interested in what you’re leaving behind (no privacy for your loved ones!)
Why what your will says is often not what actually happens
How wills are of limited use – and don’t do anything for you during life
How the ultimate cost of a will is much higher than you probably realize
***REMEMBER, THE INFO IN THIS PODCAST AND THIS WEBSITE IS NOT LEGAL ADVICE! GENERAL INFORMATION!***
Are you a Michigan resident that needs estate planning or elder law help? Contact Nicole’s law office, click here
Need help in another state? You can contact Nicole’s office as well! Just let us know!