Mistakes in Estate Planning

Mistakes in Estate Planning

In this episode of Conversations with My Real Friends®, Jennifer Felten sits down with Ed Cainglit of Oak Crest Law Group to discuss the biggest mistakes people make when it comes to estate planning, the difference between a will and a trust, and why it matters. Also discussed are key estate planning pitfalls including; • Not having a plan at all and letting the state make critical decisions, • How failing to specify wishes properly can lead to unintended consequences, • Why adding a child to property titles can create tax and legal complications, and • How improper planning can force families into probate court unnecessarily. Many assume that celebrities and wealthy individuals always get it right, but history proves otherwise. From Prince to Aretha Franklin, Marilyn Monroe to James Dean, even the rich and famous have fallen victim to poor planning. Estate planning is not just about putting documents in place, it’s about making sure they are structured correctly to avoid disputes, minimize taxes, and protect assets. Proper guidance is essential to ensuring that your wishes are carried out as intended. Subscribe for more insightful conversations with real experts! ---------------------------------------------------------- Connect with us on social media! You can find all our links in our bio. Subscribe to our newsletter: https://bit.ly/RelawApc-Newsletter #ConversationsWithMyRealFriends #OakCrestLawGroup #EstatePlanning #WillsAndTrusts #AvoidProbate #LegalMistakes #TrustAttorney #FinancialPlanning #WealthProtection #InheritancePlanning #TaxPlanning #LegalAdvice #EstateLaw #WealthManagement #LawyerTips #OakCrestLaw #LegalHelp #EstatePlanUpdates #JenniferFelten #RelawApc #JenniferFeltenEsq