03.07.2023 - Estate Planning
Debunking 10 Common Estate Planning Myths
Presented by Laurie Steiner, Esq., Solomon, Steiner & Peck, Ltd.
Join elder law attorney Laurie Steiner for an in-depth review of ten common myths around estate planning outlined below.
- Only the rich need to worry about estate planning
- If I have a will, I will avoid probate
- I need a trust to avoid probate
- I should put my house in joint and survivor ownership with my child to avoid probate
- A will decides who inherits my IRA
- Beneficiary forms are all I need for bank accounts, IRA and real estate
- I revocable trust protects my assets if I enter a nursing home
- A trust always avoids probate
- My grandkids will inherit my assets if my children pass away, if my will says per stirpes
- A will or trust is the only estate planning document that I need.
Attendees Comments:
A few comments from listeners:
Great presentation. Estate planning is always challenging which is why any additional info or assistance from outside counsel (experts) is helpful.
- Peter R.
Laurie was right on point with objectives and time. Enjoyed learning from her!
- Amy S.
"Good reminders about estate planning. Fund the Trusts! Set trusts as beneficiaries.
"
- Andrew C.
I have better clarity on the important Do's and Don't s of Estate Planning. Great job, Laurie!
- John O.
Laurie was clear, knowledgeable, and enjoyable to listen to. Thank you, both.
- Robert B.
Estate planning needs to be a part of the client conversation much earlier in the relationship even at the onset.
- John D.
Great presentation. Estate planning is always challenging which is why any additional info or assistance from outside counsel (experts) is helpful.
- Peter R.
Laurie was right on point with objectives and time. Enjoyed learning from her!
- Amy S.
"Good reminders about estate planning. Fund the Trusts! Set trusts as beneficiaries.
"
- Andrew C.
I have better clarity on the important Do's and Don't s of Estate Planning. Great job, Laurie!
- John O.
Laurie was clear, knowledgeable, and enjoyable to listen to. Thank you, both.
- Robert B.
Estate planning needs to be a part of the client conversation much earlier in the relationship even at the onset.
- John D.
Great presentation. Estate planning is always challenging which is why any additional info or assistance from outside counsel (experts) is helpful.
- Peter R.
Laurie was right on point with objectives and time. Enjoyed learning from her!
- Amy S.
"Good reminders about estate planning. Fund the Trusts! Set trusts as beneficiaries.
"
- Andrew C.
I have better clarity on the important Do's and Don't s of Estate Planning. Great job, Laurie!
- John O.
Laurie was clear, knowledgeable, and enjoyable to listen to. Thank you, both.
- Robert B.
Estate planning needs to be a part of the client conversation much earlier in the relationship even at the onset.
- John D.