The Plain English Legal Podcast

Gen X Conversations Part 1: The Sandwich Generation

Four Gen X classmates, now a nurse, banker, zoning official, and attorney gather in a beach house to talk about the realities we often put off: caring for aging parents, planning for nursing homes, estate planning, and leaving a legacy.

Honest, heartfelt, and sometimes surprising, this conversation is a reminder that planning ahead is one of the greatest gifts we can give our loved ones.

PART 1: The Sandwich Generation

PART 2: The Weight of “Stuff” and the Cost of Waiting

PART 3: Why Avoiding Probate Matters More Than You Think 

PART 4: Nursing Homes, Medicaid, and the Illusion of “We’ll Be Fine”

PART 5: Control, Medicaid, and Protecting the Next Generation

PART 6: Final Wishes and Lessons Learned

Gen X Conversations: Wrapping Up the Series

#genx #agingparents #estateplanning #caregiverlife #generationalwealth 

FREE E-BOOK:

FREE RESOURCES AVAILABLE:
www.EstatePlanningEbook.com

www.FreeTrustCourse.com

www.FreeMedicaidCourse.com

Check out the YouTube video version here. 

5 Rookie Trust MYTHS

🚨 The biggest lies you’ve heard about trusts… EXPOSED!

Most people set up a trust thinking it’s the ultimate fix for everything, lawsuits, taxes, Medicaid, you name it. The truth? Believing these myths could wreck your entire estate plan.

In this podcast episode, I will reveal Top 5 Rookie Beliefs About Trusts that attorneys hear all the time… and why they’re flat-out wrong. If you want your plan to actually work the way you think it does, you need to understand this.

Learn more about Domestic Asset Protection Trust https://youtube.com/live/8LiEKf6i_qc?feature=share

FREE E-BOOK:
www.EstatePlanningEBook.com

Check out the YouTube video version here. 

End-of-Life Planning?

Most people make one common mistake: they load their Will with every little detail about their funeral, memorial, or burial. That usually backfires creating stress and confusion instead of peace of mind.

If you want your loved ones to have clarity, NOT chaos, this is a must-watch.

FREE E-BOOK:
www.EstatePlanningEBook.com

Check out the YouTube video version here. 

Special Needs Planning Pitfalls to Avoid Part 3 of 3

Before you make any big decisions, watch this.

These programs are complicated, full of fine print, and often misunderstood. But if you’re caring for a loved one with special needs or thinking ahead about long-term care, knowing the truth could save your family from painful (and costly) mistakes.

This is the kind of information I usually share one-on-one with clients  and it could make a big difference for your family’s future.

We’re already on Part 3! If you missed the beginning, catch up with Parts 1 & 2 here:

PART 1: hhttps://plainenglishattorney.podbean.com/e/special-needs-planning-pitfalls-to-avoid-part-1-of-3/

PART 2: https://plainenglishattorney.podbean.com/e/special-needs-planning-pitfalls-to-avoid-part-2-of-3/

 

Grab your free starter guide at www.EstatePlanningEbook.com

Check out the YouTube video version here. 

Anatomy of a Destroyed Estate Plan

How do you destroy your own well-crafted, strategically created, solid estate plan in one move? In this video, I cover how one of our most airtight estate plans drafted specifically to benefit a grandson with special needs ended up being placed in jeopardy… because the clients decided to perform their own DIY surgery on their documents.

Professionals Don't Care About Your Wishes After You're Gone

Professionals don’t care about your wishes after you’re gone, especially financial advisors, but there are some solid reasons for this. If you planned for your estate and left it outright to your children, then your children get to do what they want… even co-mingling it with their spouse. At this point, it doesn’t matter what you might have said you wanted or even what you told the professional you wanted, because they have an obligation to look out for their client. On the other hand, if the legacy you left is held in trust, then the financial professionals have an obligation to follow the terms of the trust. This could mean it is not possible to co-mingle these funds with your child’s spouse, and it sets up the next generation (grandchildren) to receive the trust funds… not your child’s spouse. Check out the full FREE webinar at www.inlawplanningwebinar.com.

Three Don'ts of Medicaid Planning

This podcast was audio taken from a full Free webinar available at www.MedicaidPlanningWebinar.com. Check it out to find out what the other seven Don'ts are.

Dealing with Real Estate in Revocable Living Trusts

As part of executing an estate strategy that helps avoid probate, real estate should be owned by your revocable living trust. But what difficulties might come up? In this episode, I review why real estate should be in a revocable living trust and then what issues may come up around 1) buying real estate in a trust, 2) selling real estate out of a trust. And 3) refinancing a mortgage on property in a trust.

For more information on trust funding, including real estate, check out the FREE webinar at www.TrustFundingWebinar.com  

For the YouTube video, go to https://youtu.be/D6ohD6R9yNE 

For the other YouTube video mentioned in the podcast, Trust Certification Clown Show, go to https://youtu.be/MAThPPly_j8 

Do I Need a Taxpayer ID Number for My Living Trust?

The Naming of Trusts

Revocable Living Trust names can be more long and complicated than people think, but there are good reasons. In this podcast, I review the long names my law office uses for revocable living trusts while providing the reasoning behind it. In addition, there are a few concepts around trust names that I review that non-estate attorneys and financial institutions may get wrong.

For more information on Revocable Living Trusts and avoiding probate, please check out my free e-book Estate Planning Basics available at www.RaleighTrusts.com/free