The Basics of Asset Protection – RERUN – EP. 157 – Life’s Third Act

Attorney-CPA Joe Cordell is back with another solo episode! This week on Life’s Third Act, Mr. Cordell is diving into the basics of asset protection. What is it, how does it help you, and how do you get started?

The way that asset protection is generally understood relates to the question of how you protect the property that you have accumulated from being taken during lawsuits of various types be it personal injury cases, creditors, and beyond. Safeguarding your personal assets is important to ensure you are not leaving them vulnerable to potential threats. Mr. Cordell gives an overview of the general rules of asset protection and helps to identify some of the common tools that are used from the most exotic to the most simple. Structuring the ownership of your assets to safeguard them from potential future risks is one of the most practical and simple ways to protect yourself from taxation, seizure, and other losses.

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

Click: https://tuckerallen.com/

Call: 314-335-1100

How to Responsibly Leave an Inheritance – RERUN – EP. 156 – Life’s Third Act

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.

Click: https://tuckerallen.com/

Call: 314-335-1100

What Is a Durable Power of Attorney? – RERUN – EP. 155 – Life’s Third Act

On this episode of Life’s Third Act, Attorney-CPA Joe Cordell is flying solo. He’s digging into what exactly a Durable Power of Attorney is and what it can do for you.

Every day, you make important decisions about your possessions, healthcare, finances, and other vital areas of your life. But what might happen if you were suddenly unable to do this? Mr. Cordell references Missouri Statute 404.703 to help answer this question and break down the importance of a Durable Power of Attorney. Tune in as Mr. Cordell works his way through definitions and explanations to help you further understand estate planning and make decisions confidently.

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

Click: https://tuckerallen.com/ Call: 314-335-1100

Top 10 Reasons Why Estate Planning Matters – RERUN – EP. 154 – Life’s Third Act

Welcome to another episode of Life’s Third Act with Attorney-CPA Joe Cordell. In this episode, Mr. Cordell will be discussing a topic that everyone should pay attention to: the top ten reasons why estate planning matters.

Estate planning is essential for everyone, regardless of their age or wealth. In this episode, Mr. Cordell breaks down the top ten reasons why estate planning is crucial for protecting your assets and securing your legacy. From avoiding probate and minimizing taxes to providing for your loved ones and ensuring your healthcare wishes are respected, estate planning can help you achieve your goals and leave a lasting impact on the world. Tune in and hear Mr. Cordell share his expertise and insights on why estate planning should be a top priority for everyone.

What You Should Know When Estate Planning With a Blended Family – RERUN – EP. 153 – Life’s Third Act

Join Attorney-CPA Joe Cordell in this insightful episode as we delve into the complexities of estate planning for blended families. Discover how to navigate unique challenges and balance the interests of spouses, children, and stepchildren. Learn the importance of open communication, setting shared goals, and addressing concerns to find common ground during the estate planning process.

Explore strategies to safeguard spousal rights, protect children’s financial interests, and plan for contingencies like incapacitation. Gain valuable insights on minimizing estate taxes and probate costs, and understand the significance of regularly updating estate planning documents to reflect changes in family structure. Tune in now for essential advice on estate planning in blended families and ensure a harmonious and secure future for your loved ones.