Estate Planning Basics: Wills, Trusts & Powers of Attorney Explained
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Estate Planning Basics: Wills, Trusts & Powers of Attorney Explained
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Do you have the right estate planning documents in place to protect yourself, your loved ones, and your legacy?
In this episode, Mike and Linnea start with a lighthearted look at how they handle money in their own marriage before diving into the estate planning conversations every couple should have. They discuss essential documents, including wills, trusts, financial and healthcare powers of attorney, and beneficiary designations.
They also explore how to protect an inheritance for minor children, why choosing the right guardian and trustee matters, and how thoughtful planning can help protect your family and preserve your legacy.
Whether you're starting your estate plan or reviewing documents you've had for years, this conversation highlights why estate planning is about more than what happens after you're gone.
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Content is for educational purposes only and should not be considered personalized financial, tax, legal, or investment advice.