PODCAST EPISODE 212: Celebrity Attorney Shares Estate Planning Horror Stories

ByPaul Adams

EPISODE SUMMARY

Topics Covered:

Today we Welcome Our Guest Speaker: Alex Weingarten, Partner at Willkie Farr & Gallagher LLP Visit www.Willkie.com Or email Alex at [email protected]

WHAT WAS COVERED

  • 00:00 – Paul welcomes the show.
  • 02:30 – What causes estate settlements to drag on?
  • 04:20 – How estate plans get litigated.
  • 07:45 – Why “heir conditioning” is important.
  • 22:20 – Thinking over different strategies on preparing beneficiaries for estate planning.
  • 30:00 – Recapping important points.
  • 32:00 – How to connect with Alex.
  • 32:35 – Episode ends, thank you for listening.

[Tweet “It’s your money, you can do whatever you want with it. You can have no reason whatsoever; If you are clear in your intentions, with your attorney and drafting your estate plan, you can make any decision you want. There is no compulsion to give it to charity, to give to your family evenly, or otherwise. It’s your money, you can do whatever you want with it. #YourBusinessYourWealth”]

[Tweet “There is nothing more unequal than the ‘equal treatment’ of unequal’s. #YourBusinessYourWealth”]

[Tweet “We don’t stop parenting once we’ve passed. #YourBusinessYourWealth”]

LINKS

www.Willkie.com

Curious what you can accomplish with our help? Schedule a free 15-minute meeting with us! sfgwa.com/scheduling

Sound Financial Group’s Website for a Financial Inquiry Call – [email protected] (Inquiry in the subject)

Your Business Your Wealth on Instagram

Your Business Your Wealth on Facebook

Sound Financial Group on LinkedIn

Paul Adams on LinkedIn

Cory Shepherd on LinkedIn

Cape Not Required (Cory’s Book)

Sound Financial Advice (Paul’s Book)

Clockwork: Design Your Business to Run Itself

Mike Michalowicz’s Book – Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine

Loserthink: How Untrained Brains Are Ruining America

SHARE THE SHOW

Did you enjoy the show? We would love it if you subscribed today and left us a 5-star review!

Click this link – Your Business Your Wealth

Click on the ‘Subscribe’ button below the artwork

Go to the ‘Ratings and Reviews’ section

Click on ‘Write a Review’

MUSIC CREDITS

Contains a sample of “King” by Zayde Wølf courtesy of Lyric House.

——————————————————————————————————————————-

Transcribed by https://otter.ai

This Material is Intended for General Public Use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation.

Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions.

This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

Each week, the Your Business Your Wealth podcast helps you Design and Build a Good Life™. No one has a Good Life by default, only by design. Visit us here for more details:

yourbusinessyourwealth.com

© 2020 Sound Financial Inc. yourbusinessyourwealth.com

PRODUCTION CREDITS

Podcast production and show notes by Greater North Productions LLC

Avatar photo
Paul Adams

Author

Paul Adams

CEO & Founder

As CEO and founder of Sound Financial Group Paul leads a team of financial professionals dedicated to helping clients define their financial goals then developing unique, tailored strategies to reach them. Paul tells his clients often that they should always make their financial decisions based upon indisputable math and independent scholarship, not based on media hype, hearsay, or trend.

Financial Advisor
Disclosure

Related Posts

  • PODCAST EPISODE 254: Can Millennials Retire Early?

    WHAT WAS COVERED [Tweet “We tend to float up our lifestyle to the amount we can afford and use up all of our income, regardless of how much or our how little we make. #YourBusinessYourWealth”] [Tweet “Saving for retirement is not a life deferred… that’s a myth, most people can live a healthy meaningful life well passed there 60’s. #YourBusinessYourWealth”] [Tweet “If…

  • Podcast Episode 47: Build Your Aims for 2017

    EPISODE SUMMARY Paul discusses the type of goals and clear vision you should be thinking about for the new year. He talks on how you should begin to set your aims for 2017, and encourages you not to just do it because someone told you to, but to do it because your future depends on the life you choose to…

  • Podcast Episode 120: Basics of Debt

    EPISODE SUMMARY In this episode of the Sound Financial Bites podcast, host Paul Adams and co-host Cory Shepherd talk about the basics of debt and pull back the curtain of the automobile leasing industry to help you make wiser purchases for your long-term financial health. In this conversation, Cory breaks down the myth of a zero percent car loan and Paul explains…

  • Podcast Episode 88: Will Your Brain Age Well with Dr. John Medina

    EPISODE SUMMARY In this episode of SFB, Cory Shepherd joins Paul to speak with Developmental Molecular Biologist, Dr. John Medina. Dr. Medina is an affiliate professor of Bioengineering at the University of Washington School of Medicine and author of Brain Rules for Aging Well and several other books such as, The Clock of Ages. Tune in to find out what…

  • Podcast Episode 58: What’s New on Sound Financial Bites

    EPISODE SUMMARY Paul Adams has just come back from a fantastic conference called Social Media Marketing World. He has a lot of takeaways, but most importantly, he discusses some of the new changes and pivots the podcast will take in order to better serve you, the listener! WHAT WAS COVERED TWEETABLES “Social media marketing for your business is super important!”…

  • Podcast Episode 80: Transact or Die Part 2 with John Patterson of Influence Ecology

    EPISODE SUMMARY In part 2 of my conversation with John Patterson, CEO and co-founder of Influence Ecology, we talk about the Four Conditions of Life, accurate thinking, and building transactions to satisfy aims. WHAT WAS COVERED TWEETABLES “If you don’t have your health you don’t have anything.” “The whole purpose of our education is we’re committed to people build transactions…