A Fresh and Simple Look at Estate Planning

Essential Estate Planning for Middle-Income Families In this episode of the Financial Foundry podcast, we dive into the crucial topic of estate planning, focusing on families with assets ranging from $1 million to $5 million. Learn why estate planning matters, the key documents you need—such as wills, trusts, powers of attorney, and healthcare directives—and the costs involved. Plus, discover how financial advisors can support you throughout this process, ensuring your family's financial security and carrying out your legacy. Ideal for anyone looking to protect their assets and loved ones, this episode demystifies estate planning with practical insights and real-life examples.

00:00 Introduction to Estate Planning

01:21 Why Estate Planning Matters

06:35 Essential Estate Planning Documents

18:05 Costs of Estate Planning

23:25 Role of Financial Advisors in Estate Planning

35:36 Conclusion and Final Thoughts