#18 - Why You Need an Estate Plan With Chris Downs
READ THE TRANSCRIPT
Are you prepared for the unexpected?
Confronting fears isn't just a personal journey; it's a critical aspect of financial and estate planning. This is the central theme of today’s discussion, where host Eric Blake, joined by esteemed estate planning attorney Christene “Chris” Downs, dive deep into the unique challenges and essential strategies needed for successful retirement and estate planning.
Key Highlights:
- Untangling Estate Planning: Chris Downs simplifies complex estate planning concepts and emphasizes their importance
- Estate Planning for All: Whether widowed, divorced, or single by choice, learn the critical role of estate planning in securing financial futures
- Beyond the Will: Explore key aspects often overlooked in estate planning, such as incapacity planning and the power of decision-making delegation
- Avoiding Unintended Consequences: Understand how an effective estate plan prevents scenarios like ex-spouses unintentionally remaining beneficiaries
- Intentional Asset Distribution: Insights into the pitfalls of dying intestate and the value of deliberate asset allocation in accordance with one’s wishes
- Powers of Attorney Explained: A deep dive into the significance of Statutory Durable and Medical Powers of Attorney in managing personal and health affairs
- Living Wills and Beneficiary Designations: Clarifying the role of living wills and how to align beneficiary designations with your broader estate plan
- And much more!
Episode Resources
➡ Terry Schiavo and the Importance of a Living Will
➡ LinkedIn: Chris (Christene) Downs
➡ Krupa Downs Law, PLLC
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