“Questions and Comments” and “Cautionary Tales.” Bob presents more questions and comments from attorney consumer websites, and several “Cautionary Tales” from the members of WealthCounsel. The all highlight several of the things that can go wrong a lack of estate planning, “DIY”(do it yourself) estate planning, and unintended consequences.”
Estate planning for retirement plan asset such as IRAs and 401k plans is difficult and confusing, and the wrong planning decisions may cause a major loss of benefits for your heirs. Tune in to learn about Qualified Retirement Plans and the Inherited IRA, their similarities and differences, and asset protection planning for your heirs for the Inherited IRA.
First two segments: Planning for your minor children – “The Children’s Legacy Plan”
Last two segments: “Castle Trust Planning.” How inheritances are lost by heirs and beneficiaries, and a possible solution
Fixing Broken Trusts – Outdated living trusts may be dangerous to your family’s financial health, and how to fix them. Also, the Heggstad petition – getting property transferred to a living trust after your death.