When it comes to leaving behind a financial legacy, not everyone makes it a priority. Those that do, however, need to put an estate plan in place that ensures their assets transfer to the people they choose. Eliminating these common mistakes is an important step in making that happen.
Show notes: https://thefinancialanswer.com/podcasts/critical-estate-planning-mistakes-you-need-to-avoid/
On This Episode:
0:44 – Recapping the Thanksgiving holiday.
1:28 – In the News: The market dipping some over a French digital tax. Here’s Nathan’s reaction.
3:57 – Confidence Corner – let’s talk about estate planning mistakes.
5:36 – We don’t plan for the foreseen expenses – like healthcare.
7:25 – Here’s how these expenses can really impact your estate.
8:28 – Update your beneficiary designations upon the ‘Five Ds’
11:07 – Many people transfer real estate while they’re still alive but that can cause some issues.
14:49 – We often overlook the tax implications that we’ll leave behind.
Explaining Penalty Relief for Inherited Withdrawals
Retirement Expectations vs. Reality
Winning the Financial Triple Crown: Strategies from the Kentucky Derby
Retirement Questions That Every Generation Is Asking, Part 1
How Is Technology Redefining Retirement Planning?
Is Retirement Planning Harder Than It Used to Be? Part 2
Is Retirement Planning Harder Than It Used to Be? Part 1
The Power of Delayed Gratification
Inheritance FAQ
Financial Stocking Stuffers
Financial Planning with Classic Christmas Songs
How To Successfully Climb The Retirement Mountain
The Financial Cereal Bowl
How to Avoid Money Mistakes You’ll Regret
Retirement Planning’s “Hidden” Questions
Discussing Dave Ramsey’s Advice
The Future of Retirement in America
Bashing the Roth?
Financial Lessons From Ron Swanson
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 2)
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