Episode 6 - Getting Divorced? Recently Divorced? How Does That Impact Your Estate Planning?

<p>Sponsor link: <a href='http://www.reeselawoffice.com'>www.reeselawoffice.com</a></p> <p> </p> <p>Key Takeaways:</p> <p>0:00 Intro</p> <p>1:04 Andrea talks about what someone that is contemplating a divorce or has received a final decree of divorce be doing to protect their interests and what’s an estate plan and why everyone should have one</p> <p>2:42 Andrea talks about what to do next if you already have an estate plan and the different items that comes with an estate plan </p> <p>6:16 Andrea explains if people are still making the appointments to go and sign the final papers in Covid times and how the process goes </p> <p>7:28 Andrea also talks about when is the best time to update your powers of attorney or will and if it’s when married or after a divorce </p> <p>8:18 Andrea explains what the living trusts and wills documents are, what are their differences and what purposes do they fulfill </p> <p>11:48 Andrea also explains how through a trust, you can create generational wealth and why someone would have a trust and a will at the same time </p> <p>15:11 Andrea talks about why you should at least look at your documents annually and conceivably update and how they help their clients do that </p> <p>20:28 Andrea talks about elder care, what it is and how that is also can be part of the planning and why it is important </p> <p>24:08 Andrea also talks about things that causes people to be hesitant to go in and plan for their estate and what she’d advice her clients </p> <p>26:20 Andrea shares some tips on how to identify someone to be your backup for household and financial matters</p> <p> </p> <p>Shows Mentioned:</p> <p><a href='http://www.reeselawoffice.com'>www.reeselawoffice.com</a></p> <p> </p> <p>The Health Insurance Portability and Accountability Act of 1996 is a United States federal statute enacted by the 104th United States Congress and signed into law by President Bill Clinton on August 21, 1996.</p> <p> </p> <p>A living will, also called a directive to physicians or advance dir