Estate planning isn’t just about legal documents; it’s about protecting your legacy, avoiding family conflict, and making sure your wishes are carried out. In this episode, Liz walks through several common estate-planning mistakes she sees in practice, from outdated beneficiary designations and unfunded trusts to how taxes and real-estate transfers can derail good intentions.
Here’s some of what we discuss in today’s show:
- Avoiding family conflict through clear communication
- Trusts vs. wills: privacy, speed, and the importance of funding your trust
- Establishing POAs early, waiting until a crisis often limits options
- Looking at your beneficiary designations on a regular basis
- Reducing taxes for your heirs
Subscribe to Liz's YouTube Channel: Best Path Advisors - YouTube
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