The Retirement Nerds
The Retirement Nerds
Erik Soderborg
Do You Really Need a Living Trust? | Estate Planning 101 with Jim Burch
1 hour 17 minutes Posted Jan 23, 2025 at 9:07 pm.
Intro
Jim's Background
What is Estate Planning
What happens if you do nothing
A place for a Will
When do I need a trust?
Controlling a Trust
Successor trustee responsibilities
Revocable vs Irrevocable Trust
Special Needs Trusts
Common mistakes with trusts
How to fund a trust
Role of a notary
Transfer deed to trust
Update beneficiary designations
How a will and trust work together
Durable Power of Attorney (Finances)
Healthcare Directive
How to start an estate plan
Cost to do an estate plan
Where to contact Jim
0:00
1:17:27
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Show notes
Having the control to plan what happens to your estate (or stuff) when you die is important to people. If you have property, kids, or financial assets, you want to control who gets what should you pass away.
Jim Burch of EasyLegalPlanning.com outlines the important aspects of Estate Planning.
What to expect if you do nothing.
Is a Will sufficient, or does a Living Trust make more sense?
Watch to learn all of the key aspects of a complete estate plan to take care of you and your family.
Want your estate plan set up?
Jim and his team can complete your estate plan in all 50 states.
https://easylegalplanning.com/
Or, reach out to me to connect you to Jim.
[email protected]
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PLEASE NOTE:
This video is for education purposes only.
It does not constitute legal advice for your specific situation.