Trust GBS with Lori Bolander and Lauren Gallagher, Episode 8In this episode of Trust GBS, Lori Bolander & Lauren Gallagher discuss why you need an estate plan and how to get started.

Tune in to the episode to hear about:

* Role of Executors: Insights into the responsibilities of executors and administrators in the probate process

• * Understanding Probate: Explanation of probate, why people seek to avoid it, and the court processes involved

• * Avoiding Probate: Benefits of establishing a trust to bypass the probate process and ensure smoother, faster, and more efficient estate administration

• * Choosing a Trustee: Considerations for selecting the right trustee, including trust in the chosen individual and potential family dynamics

• * Guardianship and Conservatorship: Explanation of guardianship and conservatorship proceedings and how estate planning can help avoid them

• * Powers of Attorney: Importance of financial and healthcare powers of attorney to manage affairs in case of incapacitation

• * Managing Affairs for Minors and Young Adults: Estate planning to protect minor children's and young adults' interests, avoiding guardianship proceedings

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About the Trust GBS podcast with Lori Bolander and Lauren Gallagher: In each episode of Trust GBS, we'll get together with other professionals and have fun talking about trust and estate matters.Watch more episodes of Trust GBS:

* YouTube: https://www.youtube.com/@LawGBS

Connect and learn more from your hosts, Lori Bolander and Lauren Gallagher:

* Connect with Lori on LinkedIn: https://www.linkedin.com/in/lori-bolander-a62b97177

* Connect with Lauren on LinkedIn: https://www.linkedin.com/in/lauren-gallagher-3b213b12

* Visit Lori and Lauren’s firm’s website: http://www.lawgbs.com