Your Retirement Elevated Podcast with Scott Dougan
Business:Investing
There are some people who don’t care at all about leaving a financial legacy, but for those who do, it’s important to eliminate some of the common estate planning mistakes.
In this episode, we cover topics ranging from poor expense planning to outdated beneficiary designations and family conflict triggers. We also shed light on some misconceptions about transferring real estate and explain the impact of tax implications on your estate. If you want to leave a legacy without regret or legal turmoil, this episode is a great starting point.
Here's some of what we discuss in this episode:
• For expenses that are significant but not frequent, we don’t know exactly when we’ll encounter them, but we know that they’ll happen eventually, so we need a plan for them.
• Too many people make the mistake of failing to update beneficiary designations and it can cause some big problems.
• Communication is key for everything we do and estate planning is no different. It’s best to make sure your loved ones know your wishes.
• Why it’s usually best to transfer real estate at death rather than while you’re still living.
• As always, we need to pay attention to the tax implications of the estate and we’ll share some of those.
Want to connect with us?
https://listentoscott.com/
https://elevatemyretirement.com/our-team/scott-m-dougan/
913-393-4724
Retirement Rebels: Winning Your Financial Independence
Crash Course: The Psychology of Investing in the Wake of Historic Market Crashes
A Comprehensive Dismantling Of 2023’s Top Social Security Myths
7 Important Streams of Income
Five Facts You Need to Know About FDIC Insurance and Your IRA
How Millionaires Invest Their Money
10 IRA Questions to Ask Your Advisor
Unpacking the Silicon Valley Bank Collapse
Things Could (Always) Be Better
Retiring Early? Check Out Scott’s Do’s & Don’ts of 6 Secret Sources of Income
SECURE Act 2.0 Webinar & In-Depth Discussion
Financial Checklists and Important Birthdays
SECURE 2.0 Act – Retirement Changes You Need to Know
Mailbag: Mortgages, Dividends and College
End-of-Year Tax Strategies
Stock Seller’s Remorse
What Can I Control?
Celebrate Our 100th Show With These Memorable Moments
Why You Need a Micro and Macro Tax Lens
5 Ways Taxes Can Rise & How to Protect Yourself
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast