• Get Your House In Order – Estate Planning for 2024

  • Apr 11 2024
  • Duración: 28 m
  • Podcast

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Get Your House In Order – Estate Planning for 2024

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  • Did you know that roughly 50% of people over 50 lack essential legal documents, such as wills, power of attorney, and healthcare directives? The numbers are even more concerning for younger demographics, with 80% of those under 30 lacking any basic documents. With over $84 trillion in assets set to transfer to the next generation, ensuring your estate is in order has never been more important.

    Here’s some of what we discuss in this episode:

    • The percentages of individuals across different age groups lacking essential estate planning documents
    • The importance of powers of attorney and healthcare directives once one turns 18
    • Outdated legal documents, misplacing wills, and updating your estate planning materials as life changes
    • Understanding IRA estate rules to avoid complications and tax liabilities
    • Carefully selecting executors and trustees + sharing passwords and communicating intentions with family members

    Get in touch with Don and learn more: https://doncashpodcast.com/
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