#22 - How to Secure Your Legacy

READ THE TRANSCRIPT

Do you know the difference between a will and a living trust?

Worried about protecting your assets after you're gone?

Dive into estate planning essentials on The Simply Retirement Podcast with host Eric Blake. He brings on Susan Barnett from Haiman Hogue, offering valuable advice, especially for single women, widows, and divorcees aiming to protect their financial future.

With over twenty years in law, Susan Barnett clarifies the choice between wills and living trusts, emphasizing the need for estate planning for life's unforeseen events, and underscoring the crucial role of a financial power of attorney.

 Key Highlights

• Estate Planning Explored: Unpack the necessity of comprehensive estate planning
• Living Trusts Made Clear: Susan Barnett sheds light on living trusts as adaptable and secure asset management tools
• Roles Defined in Living Trusts: Understand the critical roles and their impact on maintaining control over your assets
• Benefits of Dodging Probate: Discover how living trusts can protect your privacy and avoid the complications of the probate process
• Limitations of Simple Wills: Learn about the potential risks associated with basic wills and how they may expose you to fraud
• Importance of Document Updates: A compelling example emphasizing the need to keep your estate documents up-to-date
• And much more!
  

Episode Resources

➡ #18 - Why You Need an Estate Plan With Chris Downs
➡ LinkedIn: Susan Barnett
➡ Website: HaimanHogue.com

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