Estate Planning Essentials: From Wills to International Properties #423

Docs Outside The Box

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Ever wondered if estate planning is just about distributing assets after death? Think again. This episode features Attorney Savaun Perry who dismantles common misconceptions about estate planning and unveils its vital role in protecting your health, wealth, and loved ones during unexpected medical emergencies or incapacitation.
Things to expect in this episode:

• What is estate planning?
• How soon should one start estate planning, especially residents starting out.
• What happens to children when parents die & there is no estate plan in place.
• The difference between a will and a trust.
• Why people avoid estate planning
• Best life insurance for estate planning.
• Estate planning for international assets & selecting a reputable estate planner.

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Chapters

1. Importance of Comprehensive Estate Planning (00:00:00)

2. Importance of Early Estate Planning (00:10:31)

3. Power and Responsibility in Estate Planning (00:15:00)

4. Importance of Guardianship and Trust Planning (00:20:08)

5. Navigating Estate Planning Conversations (00:29:00)

6. Estate Planning and Life Insurance Strategies (00:36:44)

7. Selecting a Reputable Estate Planner (00:46:03)

8. Importance of Detailed Estate Planning (00:53:04)