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Core Elements of an Estate Plan 06 - 08 - 2024
Manage episode 425953896 series 1261169
Content provided by TriCord Advisors Podcast and Randy Barkley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TriCord Advisors Podcast and Randy Barkley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
This episode of Building Wealthy Habits focuses on the importance of trust in business and personal relationships. We dig into the topics of wills, trusts, and estate planning, highlighting the need to avoid probate and the benefits of having a will or trust. The conversation also emphasizes the significance of powers of attorney for financial and healthcare matters. We cover various aspects of estate planning, including power of attorney, durable power of attorney, trusts, and common misconceptions. We bounce back and forth the importance of honoring power of attorney documents and the difference between durable and non-durable power of attorney. We explain the different types of trusts, such as revocable and irrevocable trusts, and the benefits of using trusts for probate avoidance.
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248 episoade
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Manage episode 425953896 series 1261169
Content provided by TriCord Advisors Podcast and Randy Barkley. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TriCord Advisors Podcast and Randy Barkley or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
This episode of Building Wealthy Habits focuses on the importance of trust in business and personal relationships. We dig into the topics of wills, trusts, and estate planning, highlighting the need to avoid probate and the benefits of having a will or trust. The conversation also emphasizes the significance of powers of attorney for financial and healthcare matters. We cover various aspects of estate planning, including power of attorney, durable power of attorney, trusts, and common misconceptions. We bounce back and forth the importance of honoring power of attorney documents and the difference between durable and non-durable power of attorney. We explain the different types of trusts, such as revocable and irrevocable trusts, and the benefits of using trusts for probate avoidance.
…
continue reading
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Similar cu Retirement Unlimited
Introducing The Unshakeables, a new podcast from Chase for Business and iHeartMedia's Ruby Studio. Small businesses are the heart and soul of this country, but it takes a brave individual to start and run a company of their own. From mom-and-pop coffee shops to auto-detailing garages -- no matter the type of industry you’re in, every small business owner knows that the journey is full of the unexpected. A single moment may even change the course of your business forever. Those who stand firm ...
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…
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continue reading
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Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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