Modern Estate Planning Explained: What You Need in 2025 and Why It Matters
What would happen to your family if you were gone tomorrow? It’s not just a difficult question—it’s one that most people avoid until it’s too late. In this video, estate planning attorney John Farrell walks you through the essential elements of a modern estate plan, how to avoid common (and costly) mistakes, and why protecting your digital assets is now just as important as safeguarding your home or bank account. 📌 What You’ll Learn in This Video: ✅ The key documents every modern estate plan should include (it’s more than just a will) ✅ How to avoid probate and protect your family from court delays ✅ What digital asset planning is—and why it’s no longer optional ✅ The most common estate planning mistakes (and how to avoid them) ✅ A step-by-step guide to starting your own estate plan 🔔 Subscribe for More Estate Planning Tips: If you want to stay informed about estate planning, wills, trusts, and probate, don’t forget to like this video, subscribe to my channel, and hit the notification bell so you never miss an update! Watch my whole Estate Planning playlist here: • Estate Planning 📌 Why Modern Estate Planning Isn’t Just About Documents Estate planning is more than paperwork—it’s a gift to your family. From naming guardians for your kids to avoiding court battles over your assets, a well-crafted plan brings clarity, security, and peace of mind. And in today’s world, your digital life matters too. Online accounts, cryptocurrency, photos, and even your email can become inaccessible without the right legal tools in place. Digital asset planning helps ensure nothing important is lost forever. 📌 Mistakes That Can Cost Your Family Big Many families make these all-too-common estate planning mistakes: ❌ Thinking they’re too young to plan ❌ Relying on a will alone (and ending up in probate) ❌ Forgetting to update plans after major life changes ❌ Choosing decision-makers based on guilt, not readiness ❌ Ignoring digital assets altogether ❌ Trying DIY legal templates that don’t fit real life 📌 How to Take Action Now If you’re ready to get started, here’s your game plan: ✔️ Step 1: List your assets (including digital ones) ✔️ Step 2: Choose trusted decision-makers ✔️ Step 3: Book a call with a qualified estate planning attorney (I’d be honored to help) 📞 Need personalized help with your estate plan? 🔹 Book a consultation today: https://thefarrelllawfirm.com/free-co... 🔹 Visit our website for more information: https://thefarrelllawfirm.com/ 🔹 Follow us for more estate planning tips: 👉 Facebook: https://www.facebook.com/profile.php?... 👉 Twitter/X: https://x.com/Farrell_Law1 #EstatePlanning #DigitalAssets #WillsAndTrusts #AvoidProbate #Inheritance #CryptoEstatePlanning #FamilyWealth #FinancialSecurity #LegacyPlanning This is not legal advice, nor can I give you legal advice. I AM NOT YOUR LAWYER. Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Nothing here should be construed to form an attorney-client relationship.