Estate Planning Revisited: Protecting the People You Love

If you became incapacitated tomorrow, would your spouse have the legal authority to access your joint accounts and manage your affairs? Host Mark Falter revisits the critical world of estate planning to explain why documents like a durable financial power of attorney and a funded trust are essential for more than just the wealthy. This episode breaks down the costly realities of probate and the differences between revocable and irrevocable trusts. Mark also explores how proactive planning can help your family avoid the emotional and financial strain of a Medicaid spend-down. Your estate plan should serve as a clear roadmap for your loved ones, without the interference of a public courtroom.