Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.

Estate planning isn't just about distributing assets; it's about ensuring your legacy lives on according to your wishes. Joined by Jack Weyers, Estate Planning Attorney at Family and Elder Law of Mid-Michigan, we discuss the fundamental components of estate planning, from drafting wills and trusts to designating beneficiaries and establishing healthcare directives. Our guest sheds light on the common misconceptions surrounding estate planning and highlight why it's crucial for individuals of all ages and financial backgrounds.

Throughout the conversation, we'll uncover the potential pitfalls of neglecting estate planning and the legal complexities that can arise without proper preparation. From minimizing tax burdens to protecting family members and business interests, our experts will provide invaluable insights into the multifaceted aspects of estate planning.

Enjoy!

Chapters:

0:00 - Introduction and overview on the topic of the day

2:11 - Welcoming Jack Weyers onto the show

4:00 - Why Jack feels compelled to orchestrate estate plans for families

7:34 - Some success stories in helping to avoid estate-related issues

11:22 - The key areas someone should be reviewing within their estate plan

16:58 - Do you need a trust?

21:50 - How Jack counsels families and navigates challenging wealth-related discussions

26:05 - Navigating situations where there were multiple marriages

31:42 - The picture hanging in Jack's office

36:26 - What an initial meeting with Jack and his team looks like

40:20 - How to get in touch with Jack and his team

42:28 - The key takeaways from today's episode

47:20 - How to get in touch with Matt and Scott for a deeper discussion on estate planning

48:40 - Closing remarks

Connect with Scott Morrison and Matt Nordmann:

Website

LinkedIn