Most people realize that it’s usually best to have an estate planning attorney helping them with their estate plan, but it’s also important for the financial advisor to be part of that conversation. On this episode, we’ll explore the role an advisor plays in the estate and legacy planning process and uncover some of the basic mistakes people often make when trying to sort all this out on their own.
Get additional financial information: https://retirementplaybookpodcast.com/estate-planning/ep-55-sorting-out-whats-important-about-legacy-planning/1546/
What we discuss:
1:01 – Merry Christmas!
1:57 – What role does an advisor play?
4:19 – How do people view their legacy?
7:05 – What are some basic mistakes?
8:15 – Beneficiary designations not up to date
9:21 – Dale’s story with a client