For a lot of people, one of the things that they have on their checklist for 2021 is to finally get that estate plan either done or to update that estate plan. That's what we'll spend time talking about in this episode. 

We dive deep into the things you need to think about when it comes to putting together an estate plan. What are the tools that we need as we put together an estate plan? 

In this episode, you'll learn...

- Chris’ positive focus for the week

- New tax season fundamentals

- The real fact behind the Secure Act

- Tax conversation of how much money to pull out of the IRAs and 401ks

- Insights from the book biography on John D. Rockefeller

- Market volatility

- New presidential leadership and it’s possible effect on taxes

- How the financial crisis can stay for long-term

- How to adjust the risk by reviewing your portfolio

- Prioritizing Estate Planning this year

- Different tools to get your estate plan done

- Elder law attorney versus just an estate planning attorney

- Estate Plan as a rule book

- What is Guardianship 

- The importance of medical and financial power of attorney

- Revocable trusts that avoid probate and control the distribution upon death

- Avoiding probate

- Beneficiary designations

- Estate planning and audit

- Utilize trusts to protect against estate taxes

- Medicare really only pays short-term rehab VA benefits and then Medicaid

- Long term care 

- Castle Trust as a strategy or potential tool where we move assets into the Castle Trust

- Asset protection for beneficiaries

Links and Resources:

- contact@castlewealthgroup.com

- www.wisdomwebinar.com

- castlewealthlegal.com

- RetirementPlanWebinar.com

- AlzElderCare.com

- castlewealthgroup.com

- TheChrisBerryShow.com

- Michiganestateplanning.com

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