About the Show:
"If You Don't Plan, You Are Stupid" is a podcast featuring estate planning attorney Andrew Rosenberg, designed to demystify estate planning and help listeners make informed decisions about protecting their assets and loved ones.
Episode Summary:
In this episode, host John Clements and estate planning attorney Andy Rosenberg break down the fundamental differences between wills and trusts. They discuss when each option is appropriate, the implications of probate court, and why proper estate planning matters regardless of wealth level. Andy provides practical insights into how asset titling, family circumstances, and personal situations influence whether a will or trust is more suitable.
Key Timestamps:
00:00 - Show Introduction
00:52 - Basic differences between wills and trusts
02:22 - When is a will enough vs. needing a trust
05:11 - Do you need to be wealthy to have a trust?
08:14 - Understanding probate court and its challenges
12:54 - Hidden risks with only having a will
14:49 - First steps in estate planning
Main Takeaways:
- A will guarantees probate, while a trust helps avoid it
- Probate in Florida is expensive (3% attorney fees), time-consuming (12-18 months), and public
- Trust planning isn't just for the wealthy
- Estate planning should consider both death and incapacity
- Consulting with a qualified estate planning attorney is crucial
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Ridiculous History
History is beautiful, brutal and, often, ridiculous. Join Ben Bowlin and Noel Brown as they dive into some of the weirdest stories from across the span of human civilization in Ridiculous History, a podcast by iHeartRadio.