While most people understand the importance of completing an estate plan, many often fail to have an estate planning meeting with those responsible for bringing their plan to fruition. Without this knowledge, it can be challenging for your heirs to carry out your intentions.
There are many reasons this may happen, including:
So, I asked attorney Susan Swinehart to join our conversation on this critical topic. We dive into the A to Z of an estate planning meeting so you know the pros, cons, where to begin, and real-world situations to help ensure your wishes come true.
In this episode, you will learn:
>> (5:56) Considerations when disinheriting an heir
>> (11:24) Why input from beneficiaries is so important
>> (18:09) What to do if you believe a beneficiary could harm you
>> (26:02) Considerations when preparing for the meeting
Once you complete your estate plan, you need to inform your heirs and executors of your intentions and goals in your estate planning documents. This helps ensure that your wishes are met and your beneficiaries are not left to guess what you wanted to accomplish.
The estate planning meeting will help to ensure everyone is on the same page and not left to their interpretation of what you meant. This meeting can also help everyone get on the same page and avoid conflicts downstream.
Enjoy the episode.
Links Referenced in the Show:
The Estate Plan Checklist:
https://themillionaireinsider.com/epc
Request Support from our Team:
https://themillionaireinsider.com/sr
Get your Free Financial Checkup:
https://themillionaireinsider.com/fc
Show notes and more information:
https://themillionaireinsider.com/118
This information is for educational purposes only and is not intended to provide financial, investment, or planning advice.
