Estate planning attorney Steve Waltar with Legacy Estate Planning joins Suzanne to talk about having an estate plan. Families run into gotcha moments where they discover a loved one hasn't files certain documents, or haven't made plans, and are left to second guess what they want. In this segment, Steve introduces the concept of estate planning and different types. Most people don't want it to be a curse, but a blessing, and it's about protecting yourself during your lifetime. Make sure your wishes are honored they way you want to be honored.

What exactly is estate planning? Steve says, "I like this definition. It's not perfect, but it's what I've been using for 25 years. It says I want to be in control of my estate as long as I'm able. If I become unable to manage my estate, I want to be the one who designates the person to manage my estate for me, without court intervention, following my death. I want things to be as easy on my loved ones as possible. I want my estate to pass to the people and organizations that I want, when I want, and how I want, a little bit of control. I want a smooth administration of my estate. And finally, I want there to be an absolute minimum of conflict delays, court costs, and taxes. And though I love you, Steve, attorney fees."

Steve adds, "You actually can affect people after you're gone. I think estate planning is really about choice. It's choosing things, protecting yourself during your lifetime. Last I checked, we all die. Maybe you want to protect the kids from lawsuits and divorces. So good estate planning means you're protecting your assets. Proper estate planning probably means keeping out of court while you're alive. Traditional estate planning may cover final expenses and, and trying to lower estate taxes. And there's modern estate planning, there's sophisticated planning, there's estate tax planning, and then legacy plan that involves your life experience. So really, it's a blend a lot of things."
Legacy Estate Planning at Answers for Elders
Legacy Estate Planning website
More podcasts with Steve Waltar
Find an attorney near you at the American Academy of Estate Planning Attorneys website
Check out our affiliate podcast Alzheimer’s Speaks

Estate planning attorney Steve Waltar with <a href="https://www.waltar.com/">Legacy Estate Planning</a> joins Suzanne to talk about having an estate plan. Families run into gotcha moments where they discover a loved one hasn't files certain documents, or haven't made plans, and are left to second guess what they want. In this segment, Steve introduces the concept of estate planning and different types. Most people don't want it to be a curse, but a blessing, and it's about protecting yourself during your lifetime. Make sure your wishes are honored they way you want to be honored.
What exactly is estate planning? Steve says, "I like this definition. It's not perfect, but it's what I've been using for 25 years. It says I want to be in control of my estate as long as I'm able. If I become unable to manage my estate, I want to be the one who designates the person to manage my estate for me, without court intervention, following my death. I want things to be as easy on my loved ones as possible. I want my estate to pass to the people and organizations that I want, when I want, and how I want, a little bit of control. I want a smooth administration of my estate. And finally, I want there to be an absolute minimum of conflict delays, court costs, and taxes. And though I love you, Steve, attorney fees."
Steve adds, "You actually can affect people after you're gone. I think estate planning is really about choice. It's choosing things, protecting yourself during your lifetime. Last I checked, we all die. Maybe you want to protect the kids from lawsuits and divorces. So good estate planning means you're protecting your assets. Proper estate planning probably means keeping out of court while you're alive. Traditional estate planning may cover final expenses and, and trying to lower estate taxes. And there's modern estate planning, there's sophisticated planning, there's estate tax planning, and then legacy plan that involves your life experience. So really, it's a blend a lot of things."
<ul>
<li><a href="https://answersforelders.com/legacy-estate-planning/">Legacy Estate Planning</a> at Answers for Elders</li>
<li><a href="https://www.waltar.com/">Legacy Estate Planning</a> website</li>
<li><a href="https://answersforelders.com/legacy-estate-planning/steve-waltar/">More podcasts</a> with Steve Waltar</li>
<li>Find an attorney near you at the <a href="https://aaepa.com/member-listing/">American Academy of Estate Planning Attorneys</a> website</li>
<li>Check out our affiliate podcast <a href="https://alzheimersspeaks.com/">Alzheimer’s Speaks</a></li>
</ul>

Answers for Elders is the North Star in Navigating Senior Care.  Our content is designed to Empower Seniors and their Families through the Daunting Journey of Aging.

Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist seniors, caregivers and their families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health & Wellness, Life Changes, Living Options, and Money & Law.

Answers for Elders is the North Star in Navigating Senior Care.  Our content is designed to Empower Seniors and their Families through the Daunting Journey of Aging.
Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist seniors, caregivers and their families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health &amp; Wellness, Life Changes, Living Options, and Money &amp; Law.

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Empowering Seniors and their Families through the Daunting Journey of Aging

For Caregivers: If you're caring for a senior loved one, or navigating later life care, we help make the journey so much easier for you and your family.

For Seniors: We help you be proactive to prepare for your aging years ahead, honoring your wishes.

Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health & Wellness, Life Changes, Living Options, and Money & Law.

Empowering Seniors and their Families through the Daunting Journey of Aging
For Caregivers: If you're caring for a senior loved one, or navigating later life care, we help make the journey so much easier for you and your family.
For Seniors: We help you be proactive to prepare for your aging years ahead, honoring your wishes.
Featuring our host, Suzanne Newman and top industry providers across the USA, together, we support, coach and assist families in finding the best independent solutions in world of aging, with a comprehensive line-up of topics covering Health &amp; Wellness, Life Changes, Living Options, and Money &amp; Law.

Answers for Elders

Estate planning attorney Steve Waltar with Legacy Estate Planning joins Suzanne to talk about having an estate plan. Families run into gotcha moments where they discover a loved one hasn't files certain documents, or haven't made plans, and are left to second guess what they want. In this segment, Steve introduces the concept of estate planning and different types. Most people don't want it to be a curse, but a blessing, and it's about protecting yourself during your lifetime. Make sure your wishes are honored they way you want to be honored.

Guarantee Your Wishes Are Honored: Estate Planning

https://api.omny.fm/orgs/5e27a451-e6e6-4c51-aa03-a7370003783c/clips/c38d7bbf-40a2-4540-894e-b17a0009c76b/transcript

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