Simplifying the Complicated with Lori Bolander and Lauren Gallagher, Episode 8
In this episode of Simplifying the Complicated, Lori Bolander & Lauren Gallagher discuss why you need an estate plan and how to get started.
Tune in to the episode to hear about:
* Role of Executors: Insights into the responsibilities of executors and administrators in the probate process
* Understanding Probate: Explanation of probate, why people seek to avoid it, and the court processes involved
* Avoiding Probate: Benefits of establishing a trust to bypass the probate process and ensure smoother, faster, and more efficient estate administration
* Choosing a Trustee: Considerations for selecting the right trustee, including trust in the chosen individual and potential family dynamics
* Guardianship and Conservatorship: Explanation of guardianship and conservatorship proceedings and how estate planning can help avoid them
* Powers of Attorney: Importance of financial and healthcare powers of attorney to manage affairs in case of incapacitation
* Managing Affairs for Minors and Young Adults: Estate planning to protect minor children's and young adults' interests, avoiding guardianship proceedings
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About the Simplifying the Complicated podcast with Lori Bolander and Lauren Gallagher:
In each episode of Simplifying the Complicated, we'll get together with other professionals and have fun talking about trust and estate matters.
Watch more episodes of Simplifying the Complicated:
* YouTube: https://www.youtube.com/@LawGBS
Connect and learn more from your hosts, Lori Bolander and Lauren Gallagher:
* Connect with Lori on LinkedIn: https://www.linkedin.com/in/lori-bolander-a62b97177
* Connect with Lauren on LinkedIn: https://www.linkedin.com/in/lauren-gallagher-3b213b12
* Visit Lori and Lauren’s firm’s website: http://www.lawgbs.com
