Episode Summary:
In this episode, Ruma Mazumdar discusses the crucial intersection of real estate and estate planning. She explains how proper planning can transform property into generational wealth and highlights common pitfalls to avoid. The episode covers property titling, probate processes, tax considerations, and strategies to prevent family disputes over real estate inheritance.
Key Timestamps:
00:01 - Show introduction
00:08 - Episode topic introduction and importance of real estate in estate planning
02:30 - Property titling options and implications
04:15 - Understanding probate and how to avoid it
06:20 - Real estate as generational wealth
07:45 - Tax considerations and 1031 exchanges
08:45 - Preventing family property disputes
10:40 - Call to action and closing
About the Show:
"Trust Issues—Only the Kind that Make You Richer." is a podcast focused on helping listeners build and protect their wealth through proper legal planning. Hosted by Ruma Mazumdar, a real estate and estate planning attorney and founder of Key Esquire, the show provides practical legal insights for wealth protection.
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