How Could This Go Horribly Wrong? Lessons in Estate Planning Part 1, Ep #295

Published: May 8, 2023, 8 a.m.

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Bret and I recently reviewed all of our clients\\u2019 estate plans this spring and, as a result, we have so much to share with you about what we learned. It was so much that we had to break it into multiple episodes!

If you are curious about how this sort of meeting goes and wish that you could be a fly on the wall, you won\\u2019t want to miss this episode.\\xa0

Today we\\u2019ll discuss why you need to ask yourself what could go wrong, why it\\u2019s so important to consider where your documents are located, why you may want to consider having your medical power of attorney or living will a digital document, and how an executor is a mini dictator.\\xa0

Everyone needs an estate plan. Listen in to hear what you need to consider when you create or update yours.

Outline of This Episode

  • [2:02] Having your estate planning docs in order can help you sleep better
  • [4:14] Don\\u2019t create complexity by trying to keep things simple
  • [9:17] Where are your documents located?
  • [12:38] How can your kids prove to a hospital that they can make medical decisions on your behalf?
  • [14:24] Commonly misunderstood ideas about estate planning
  • [25:01] The pros and cons of having co-powers of attorney or individual powers of attorney

Resources & People Mentioned

Connect with Benjamin Brandt

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