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Estate Planning And Trusts: Preparing For Your Future - Jeffrey LaClair - Phelps LaClair
Floor Academy - Helping flooring, tile and stone contractors own an asset
English - December 08, 2021 07:00 - 1 hour - 45.4 MB - ★★★★★ - 16 ratingsManagement Business Education How To business growth small business entrepreneurship business strategy marketing sales contractor leadership manager flooring Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
We are honored to have Jeffrey LaClair, a partner at Phelps LaClair in Phoenix, Arizona, as our special guest this week. Jeffrey specializes in estate planning, and in this episode, he shares valuable insights on this important yet often overlooked topic.
Jeffrey emphasizes the significance of ensuring that your affairs are in order to protect your loved ones in the future. He discusses the basics of estate planning, including the importance of creating a will, establishing trusts, and designating beneficiaries for your assets. He also highlights the importance of regularly reviewing and updating your estate plan to ensure it remains current and aligned with your intentions.
Jeffrey provides practical advice on how to approach estate planning, including considerations for guardianship of minor children, distribution of assets, and minimizing potential taxes and fees. He also discusses the role of a power of attorney and a living will in ensuring your wishes are respected in the event of incapacity or medical emergencies.
Throughout the episode, Jeffrey addresses common misconceptions and myths about estate planning, and stresses the importance of seeking professional legal advice to ensure your estate plan is tailored to your unique situation and complies with applicable laws.
While estate planning may not be a popular topic, Jeffrey's insights highlight its importance in protecting your loved ones and preserving your legacy. If you want to learn more about the basics of estate planning and how to ensure your affairs are in order, this episode is a must-listen. Join us as Jeffrey shares his expertise and guidance on this crucial aspect of financial planning.
Phelps LaClair
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