Complete Estate Planning

Ep 74: The Fight Over Lisa Marie Presley’s Estate Plan

You may have heard about this in the news, but Lisa Marie Presley died on January 12th (2023), at the age of 54. Lisa was the only child of Elvis Presley. She left behind her mother, Priscilla Presley, and her daughter, Riley Keough. Lisa’s son Benjamin Keough passed away a couple of years ago. While sad in its own right, the news has been filled with details that Lisa’s mother, Priscilla, is challenging some changes made to Lisa’s estate plan.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 73: What The *** Am I Going To Do With My House?

If you own a home (or multiple homes), you understand that it may be difficult to have multiple co-owners on a property. For many families, the home is also one of the largest assets. Let’s walk through some different scenarios and options on how to handle the house.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 72: Should Everyone Get An Equal Share?

When leaving an inheritance to children or grandchildren, many families prefer to treat everyone the same. Each child (or grandchild) will receive an equal share of the inheritance. While it is the “default” answer, it is not always the right answer. We will discuss some situations where it might not be ideal to leave an equal share to everyone.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 71: ”I Didn’t Realize There Would Be a Medical Test!”

Many people go through the estate planning process in order to provide for their loved ones and/or to allow someone to make decisions on their behalf if they fall ill. However, there are also specific decisions (usually medical) that a person will need to address during the process. For those who are blindsided by this process, it can feel like a medical school exam! Here are some common decisions you may be faced with when preparing your own estate plan.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 70: When the End is Near...

Estate planning (like many things) is always best handled LONG before it is needed. However, even a well-thought-out estate plan should be reviewed periodically. If the family is aware that “the end is near”, it is always a good idea to review certain aspects of the plan and the wishes of the person who is about to pass away.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 69: Giving Gifts As We Approach The Holidays

The holiday season is upon us and many people start to feel charitable this time of year. With that in mind, we wanted to discuss some of the parameters around charitable giving and how it might affect you on this episode.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 68: Acquiring New Assets AFTER You Set Up Your Estate Plan

It can be challenging to ensure that your estate plan is up to date and that all of your assets are included. We will discuss what you should do about adding new assets to your plan for today's show.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 67: Show Me The Money……Later? Advantages To Leaving Your Inheritance In Trust

After someone passes away, the executor or trustee is responsible for carrying out the wishes of the deceased person and settling the estate. This could include paying bills, settling debts, filing taxes, selling assets, etc. Eventually, it is time for the beneficiaries to receive their inheritance. While it may be tempting to “take the money and run”, this may put their inheritance immediately in danger. Those who are receiving an inheritance from a trust may have opportunities to protect the money they receive from current (or future) problems.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 66: What Happens When The First Spouse Dies? (The False Sense Of Security)

When someone passes away, the “what happens next” is usually dictated by the decedent’s estate plan (if they had one), or by state law, if there was no plan. However, there are special circumstances that apply when a married person passes away but their spouse is still alive. Often times, a family may end up getting “lucky” and avoid some of the major headaches. However, this is not always the case. It can also lead families into a false sense of security because “nothing bad happened when my spouse died”.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com

Ep 65: Does Your Estate Plan Have An Expiration Date?

Very few things in life last forever. Cars break down, cell phones become out of date, food goes bad, even a good bourbon can spoil if you don’t store it properly. Sadly, many people look at estate planning as a one-time activity (set it and forget it). While your estate plan might technically not have an expiration date, there are many times when it could end up “going bad” if not properly updated.
Contact:
513-463-6789
info@CincinnatiEstatePlan.com