The Importance of Enhanced Planning | Wealth Builders | Ep. 17

Описание: Estate and legacy planning may not be the most comfortable topic, but it’s one of the most important parts of a sound retirement strategy. In this episode of Wealth Builders, Anthony Cangemi of Crescent City Retirement Group explains why enhanced planning goes far beyond simply having a will. From understanding how succession (probate) works in Louisiana to properly structuring beneficiary designations, trusts, powers of attorney, and living wills, Anthony shares practical guidance to help retirees and pre-retirees avoid costly mistakes and family conflict. He walks through real-life examples—including blended families, special needs planning, spendthrift concerns, and the critical difference between per stirpes and per capita designations—highlighting how small oversights can create major complications. Most importantly, he emphasizes clarity, communication, and coordination with experienced professionals to ensure your wishes are honored and your loved ones are protected.

Timestamps:
00:02 - Introduction and Why This Topic Matters
04:08 - Why Estate Planning Is Part of Retirement Planning
06:58 - What a Will Really Does (Succession vs. Probate)
11:19 - The Power of Beneficiary Designations
13:25 - Real-Life Mistake: The Ex-Spouse Inheritance Example
15:43 - Per Stirpes vs. Per Capita Explained
17:16 - When and Why a Trust May Be Needed
18:34 - Special Needs and Spendthrift Trusts
21:32 - Blended Families and Fair Asset Distribution
23:08 - The Importance of Family Communication
24:44 - Living Wills and Medical Directives
25:57 - Durable Power of Attorney for Financial and Medical Decisions
27:28 - Estate Planning Checklist and Next Steps
28:29 - How to Get Started with Crescent City Retirement Group

Call us at 504-828-2171 or visit www.crescentcityretirement.com to schedule your consultation today!
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