The Most Important Thing to Consider in Estate Planning | A Probate and Trust Attorney's Advice
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The Most Important Thing to Consider in Estate Planning | A Probate and Trust Attorney's Advice
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In this video, a probate and trust attorney explains the importance of estate planning and the most crucial thing to consider. He emphasizes the need to have a legacy plan that ensures the government stays out of people's lives, their kids inherit, and there's no family drama. He discusses how probate and trust law can predict and solve problems before they arise, and how it can be an exciting and interesting area of law. However, his goal is to make his clients' lives as boring as possible and avoid any drama. He stresses the importance of fueling your trust and explains how assets act as fuel, and how naming your trust as an additional insured on your homeowner's insurance policy is crucial. He repeats the importance of this point and compares it to putting gas in a car for it to run.
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