Show notes
Joining Tom on today’s episode is estate planner Jim Burch. During this episode, Tom and Jim talk about how society has come to rely on the government more than ever for benefits, security, and financing. Death is a certainty, but the timing of it is not. Tune in to learn more about the basics of estate planning and how easy it can be to get something started. Highlights 01:33 How he started with his business and venturing in entrepreneurship 03:22 Estate planning and business planning services discussion 07:29 Having the ability to scale your business 10:03 Creating a stress-free legal document process using estate planning software and state-specific documents 14:21 The importance of updating estate planning documents when moving to a new state 16:05 The role of HIPAA laws and Powers of Attorney for incapacitated individuals 20:55 The importance of estate planning 22:41 Getting into estate planning as a beginner 28:09 The difference between a will and a trust in estate planning 29:13 Process of transferring assets and getting signatures 31:31 Benefits of establishing a trust vs a will 32:21 Simplifying estate Planning 35:16 Different ways to connect to Jim Burch Episode Resources Connect with Tom Suvansri https://perennialpride.com/ https://www.facebook.com/perennialpride/ https://twitter.com/perennialpride https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA Connect with Jim Burch https://easylegalplanning.com/ https://www.linkedin.com/in/jiburch Call to Action Schedule a Call with Tom How to Listen: Subscribe on Youtube Listen on Spotify
