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.
The Retirement Pyramid
Unique Challenges In Retirement
Mind The Gap
Just What The Doctor Ordered
The Right Fit For You
Music Lessons
Not Your Parents' Retirement
Mother Knows Best
Financial Codebreaking
The Market Crash Hall Of Fame
Flirting With Disaster
Nathan's Take On Taxes
Music Lessons
Your Financial Philosophy
Risks And Statistics
The Market Crash Hall Of Fame
Invest Like A Genius
401(k) FAQs
Financial Commandments
Hindsight Is 20/20
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