Fundamentals of Estate Planning (Part I) with Nick DeVito, CFP

Описание: On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP is joined by Nick DeVito, CFP. Nick is a partner and financial planner at Menninger & Associates Financial Planning. This is the first episode of a two-part series on estate planning.

In this episode, Mike and Nick discuss wills, trusts, and pitfalls that people regularly run into regarding trusts. They give a few examples of strategies used to overcome these pitfalls. The guys will dig deeper in part II talking about advanced concepts of estate planning. This is a great episode for anyone who has questions about estate planning, wills, or trusts.

For more information on Menninger & Associates Financial Planning visit https://maaplanning.com

Meet Mike Menninger, CFP the host of Financial Planning: Explained
https://maaplanning.com/who-we-are/ou...

#financialplanning #estateplanning #truststory

0:00 – 1:00 | Introduction
1:01 – 2:10 | The Value of Estate Planning Education
2:11 – 3:20 | Six Areas of Financial Planning
3:21 – 4:40 | The Will – Foundation of Every Estate Plan
4:41 – 7:00 | Durable Power of Attorney Explained
7:01 – 8:50 | State Differences in Estate Law
8:51 – 10:40 | Medical Power of Attorney & Living Wills
10:41 – 13:00 | Living Will Case Study: Terri Schiavo
13:01 – 14:20 | Trusts in Estate Planning
14:21 – 15:35 | Testamentary Trusts and Control After Death
16:05 – 19:00 | What Actually Goes to the Will
19:01 – 21:00 | Trusts and Beneficiary Designations
21:01 – 23:30 | Understanding Probate
23:31 – 29:07 | Estate Planning Summary & Conclusion