Shows
We Make Money FunEstate Attorney Heather Parker, Part 2This is the second of a two part series with estate attorney Heather Parker of the Parker Law Office. Today, we take a deeper dive into the differences between wills and trusts.Trusts can provide for:How your bills will be paid if you are hospitalizedA financial power of attorneyA trustee to manage your assetsAvoiding costly probate court costsAnd more...There are also different types of trusts, including pet trusts, and IRA trusts. The latter can be especially important in wake of the SECURE Act and recent changes to the stretch IRA ru...2021-10-1316 minWe Make Money FunEstate Attorney Heather Parker Part 1This is the first of a two-part series on estate planning. Attorney Heather Parker joins Shanna Tingom to talk about the two areas of estate planning - money and medical.Medical:HIPAA Release - who can be given information about your condition?Medical Power Of Attorney - who can make medical decisions for you?End of Life Documents - what are your final wishes in terms of treatment?Heather explains that not having these documents in place can have dire consequences, and she gives some real world examples. These conversations can be difficult to have, bu...2021-09-1516 min