125 – The Basics of Estate Planning

We discuss the basics of an estate plan, documents that should be included, and the importance of a financial power of attorney. How long has it been since you last updated your estate plan, or do you even have one? There are obvious considerations, like having a new child, and not-so-obvious reasons like your child just became a legal adult.

No matter your rationale, it is crucial to keep your estate plan as up-to-date as possible, usually every 3-4 years. These topics and more are broken down into an easy-to-follow conversation to help you better understand the importance of updating and creating an estate plan.