Jul 6, 2023
Tom is joined today by estate planner and attorney Everett Sussman. Death isn't something everyone wants to talk about, but the reality is that it will eventually happen. Society has come to rely on the government more than ever for benefits and reduced the freedoms we have in life. Majority of families don't have an estate plan in place. Listen to hear about why you should have a plan in place and what trends are coming related to estate planning.
Highlights
01:34 How Everett got into estate planning law
04:15 Addressing concerns about what happens in various
situations
07:41 The difference between a will and a trust
10:31 The role of a living trust in estate planning
13:07 How estate planning varies in different states
15:04 How moving to a different state can impact estate
planning
20:08 Irrevocable life insurance trusts (ILITs) and their
benefits
23:11 Probate fees and taxes in different states
25:43 Estate planning for children with special needs
29:25 Estate planning for business owners and managing different
scenarios
32:04 Importance of relying on experienced professionals for
complex estate planning tasks
Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
- Connect with Everett Sussman
- https://www.estatelawonline.com/
- https://www.linkedin.com/in/egsesq
- https://www.facebook.com/LawOfficesOfEGSussman/
Call to Action
Schedule a Call
with Tom
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