The process of estate planning can vary greatly from individual to individual and family to family. No two estate plans are the same, or at least, they probably shouldn't be. There are several tools that can be used in estate planning, and which ones should be used by different people vary. In episode 10 of the Second Half of Life podcast, "What's in Your Estate Planning Toolbox?," Attorney Landon Hodges and Long-Term Care Planner Kristin Daugherty take a look at some of these tools that will assist people in planning for their second half of life. Among several items, they discuss which documents everyone needs for estate planning, why a Power of Attorney may not be enough, beneficiary designations, advantages and disadvantages of transferring assets into a trust, special needs planning and ABLE accounts, and why pre-planning for long-term care costs provides the best options.
This episode is an audio recording of a virtual seminar originally presented on June 10, 2020. This and other episodes of the Second Half of Life podcast can be accessed on the Steinbacher, Goodall & Yurchak website, as well as on several podcast directories. The podcast is also available on most podcast platforms, including Apple Podcasts, Spotify, TuneIn + Alexa, iHeartRadio, Stitcher, Podcast Addict, Google Podcasts, Podchaser, Deezer, Listen Notes, Bullhorn, Overcast, Pocket Casts, Castro and Castbox.
Podcast Episode 10 Answers the Question, What's in Your Estate Planning Toolbox?

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