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.

Major Mistakes That You May Be Making During Estate Planning – RERUN – EP. 152 – Life’s Third Act

On this episode of Life’s Third Act, Attorney-CPA Joe Cordell does a deep dive on a recent article published in the Wall Street Journal titled, “The Biggest Mistakes People Make With Their Wills” written by Cheryl Winokur Munk.

Mr. Cordell talks through the article, breaking down and further detailing how these mistakes can affect your estate plan. He touches on topics such as forgetting digital assets, how mismatching beneficiaries can affect your planning, the importance of regularly updating your will, and more. With 60% of Americans not having an estate plan, according to the article’s author, Mr. Cordell discusses how crucial it is to get a proper will and trust in place to protect your assets and the future of your loved ones.

You can read the Wall Street Journal article here – https://www.wsj.com/articles/biggest-mistakes-wills-2d13dc44

Son of A Star: An Interview With Glen Campbell’s Son, Travis – Part 3 – EP. 151 – Life’s Third Act

In the third installment of Joe Cordell’s interview with Glen Campbell’s son, Travis shares an inside scoop on the financial and legal dealings of his late country star father. With exclusive court documents in hand, the two discuss Glen’s relationship with his fourth wife, Kim Campbell, her financial impact on the singer, as well as Travis’ struggle with visitation and his father’s will. It’s a side of the country crooner that few people know, as Travis tells his story to educate and protect others from a similar fate. That and more, only on this special series of Life’s Third Act with Joe Cordell.

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Son of A Star: An Interview With Glen Campbell’s Son, Travis – Part 2 – EP. 150 – Life’s Third Act

On the latest episode of Life’s Third Act, Joe Cordell uncovers another chapter in the Glen Campbell estate story with Campbell’s son, Travis who was disinherited from the country star’s will in 2006. In part two of this tell-all, Travis and Mr. Cordell discuss not only Glen’s family life but uncover a trove of exclusive court documents and details of the Campbell estate. Tune in for part three of Mr. Cordell’s interview with Travis in our next episode. That and more, only on this special series from Life’s Third Act with Joe Cordell.

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Choosing the Right Trustee: Key Questions to Ask – RERUN – EP. 149 – Life’s Third Act

Whether you’re planning your legacy or making arrangements for the future, selecting a trustee who can effectively manage your assets and carry out your wishes is paramount. In this episode of Life’s Third Act, Attorney-CPA Joe Cordell is joined by TuckerAllen estate planning attorney, Benjamin Zinkel, to dive into the crucial topic of choosing the right trustee for your estate.

Join Mr. Cordell and Mr. Zinkel as they explore the essential factors to consider when selecting a trustee. They’ll delve into various aspects that can greatly impact the success of your trust, including the size of your estate, honesty, versatility, and the option of having a co-trustee. Together, they will shed light on the cost implications and the decision-making process when multiple trustees are involved.

Drawing on real-life examples, they share the fascinating story of Boatman’s Bank and how choosing the wrong trustee can have far-reaching consequences. Additionally, they explore the concept of bonding, where a bond company guarantees the trustworthiness of your chosen trustee. Don’t miss this episode packed with essential information that will empower you to navigate the complex world of trusteeship and secure your legacy with confidence.

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

Marvel’s Mastermind? The Life and Estate of Stan Lee – Part 3 – EP. 148 – Life’s Third Act

Part three of the Stan Lee story, Joe Cordell dives deep into the famed comic book writer’s estate. After amassing millions in fans and fortune, Lee forged a massive but complicated estate plan for himself and his family. Unfortunately like many elderly stars, Lee fell prey to business partners who sought to exploit him. Towards the end of his life, Lee was embroiled in complicated legal battles with allegations of elder abuse, embezzlement, fraud, and false imprisonment levied against former business partners. Family conflicts also affected the estate with multiple legal actions continuing years after Lee’s death.

In this episode discover a lesser-known side of Stan Lee’s life as well as the challenges and lessons learned from managing high-value estates and navigating elder abuse. Only on Life’s Third Act.

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Discover the fascinating life of legendary comic book writer Stan Lee. Learn about his massive impact on American culture and movies as well as this importance of estate planning and the dangers of elder abuse in this latest installment of Life’s Third Act.