How to Responsibly Leave an Inheritance – EP. 39 – Life’s Third Act

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Attorney-CPA Joe Cordell discusses the dangers of leaving behind an inheritance that the recipient receives access to all at once.

Mr. Cordell discusses the case of the NXIVM cult in which two of the cult’s members were the recipients of a family fortune at the age of 18, which led to increased involvement in the cult.

Mr. Cordell uses the story to illustrate the importance of responsible estate planning. If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

Tips for Transitioning to a Retirement Community: Part II – EP. 38 – Life’s Third Act

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Attorney-CPA Joe Cordell and co-host Jill Enders are joined by David A. Smith, author and longtime senior living expert who co-founded Gatesworth Communities in St. Louis.

Mr. Smith discusses the financial benefits of living in a senior community, how to use equity from your home to generate income, empowering seniors, senior loneliness, trends in leasing, feedback he’s gotten regarding his book, his upcoming film project, and more.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

Estate Planning Mistakes: Part III – EP. 37 – Life’s Third Act

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Attorney-CPA Joe Cordell and co-host Jill Enders are joined by TuckerAllen estate planning attorney Nina Windsor for the conclusion of their conversation about common mistakes people make regarding estate planning.

In this episode, Ms. Windsor discusses the mistake of not checking in with your attorney when you have funding questions or when things change. Additionally, she explains why it is a mistake to verbally communicate something to your family that is different than your estate plan, the consequences of utilizing an online legal service rather than an estate planning attorney, and more.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

Estate Planning Mistakes: Part II – EP. 36 – Life’s Third Act

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Attorney-CPA Joe Cordell and co-host Jill Enders are joined by TuckerAllen estate planning attorney Nina Windsor to continue their conversation about common mistakes people make regarding estate planning.

Some of the mistakes they review include failing to communicate a complicated family situation with your estate planning attorney, adding children as joint owners instead of beneficiaries or through an estate planning document, drafting a will under the misconception that it will avoid probate, naming just one successor Trustee or Agent for Power of Attorney and Healthcare, picking a guardian based on the guardian’s financial position without practical considerations, avoiding your preferences on organ donation or designating burial or cremation because you don’t want to think about it, verbally communicating something to your family that is different from what is in your estate plan, using an online legal service rather than an estate planning attorney, and more.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.