Description

Adam Zuckerman is the Founder of Buried in Work, a company dedicated to simplifying estate planning, end-of-life tasks, and estate transitions for individuals, families, and businesses. An attorney, MBA, and Eisenhower Fellow, Adam brings a diverse background spanning finance, media, consumer packaged goods, and clean energy.

Buried in Work is widely regarded as the most comprehensive end-of-life resource available, offering 40+ information hubs, 2,000+ articles, 100+ checklists, guides, and templates, as well as a podcast, 20 directories, and specialized products to support every aspect of estate planning.

In this episode Leonard and Adam discuss:

• Importance of properly managing beneficiary designations and digital account access
• Challenges widows face when transitioning household finances and advisors
• Role of the "Ask Three Questions" framework in estate planning
• Necessity of revisiting estate plans during major life events
• Strategies for simplifying wills, trusts, and funeral arrangements

Key Takeaways:

• A crucial insight emerges on how properly managing beneficiary designations and account access can prevent unnecessary complications for loved ones after death.
• The "Ask Three Questions" framework stands out as a practical tool, offering a structured approach to navigating end-of-life planning and estate management.
• A surprising revelation highlights how provisions for pets, often overlooked in estate planning, require careful consideration, including pet trusts, designated caretakers, and detailed care instructions.
• Estate planning misconceptions, including fears of mortality and assumptions about wealth requirements, frequently deter people from preparing, leaving their heirs vulnerable to financial and legal difficulties.
• In the emotional transition following a spouse’s passing, widows often prioritize working with advisors they trust, with empathy playing a pivotal role in ensuring a smoother financial shift.

“ The biggest mistake people are making right now—whether you have a will, don’t have a will, have a trust, or don’t have a trust—is failing to simply write down where you stand today. If something happens to you, your family needs to know what to do. We created a 30-minute process called the Executor Summary Report to help you do just that. Once you complete it, you'll quickly spot the gaps you need to fill in and update over time. Don’t send your family on a scavenger hunt—leave them the gift of organization.”

-Adam Zuckerman

Connect with Adam Zuckerman:

Website: https://buriedinwork.com/ , https://buriedinwork.com/info-hubs/ 

LinkedIn: https://www.linkedin.com/in/adamzuckerman/ 

Connect with Leonard Raskin:

Website: https://www.raskinglobal.com/ 

LinkedIn: https://www.linkedin.com/in/leonardraskin/ 

Facebook: https://www.facebook.com/RaskinGlobal 

Email: lraskin@raskinglobal.com  

Leonard’s BOOK: FiduciWho?: What a Real Fiduciary Will Tell You about How to Protect, Grow, Enjoy, and Transfer Your Wealth

Show notes by Podcastologist: Angelo Paul Tagama

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.