Estate Planning Mistakes: When Assets in Your Name Aren’t Really Yours

What happens when you have assets in your name but you don’t really consider them yours? It’s not that uncommon to work with people who need to account for things like a parent’s home or a child’s bank account in their estate plan.

In this episode, Nick answers a listener’s question about how to handle assets that fall into this category while avoiding confusion in the future.

Here’s some of what we discuss in this episode:

⚠️ Legal & Tax Risks – The hidden dangers of holding assets for others

🔄 How to Fix Ownership Issues – Steps to clean up your financial situation

📜 Avoiding Probate & Inheritance Conflicts – Why proper planning is crucial

 

Our website: https://cincinnatiestateplan.com/

Phone: 513-463-6789

Contact our team: info@CincinnatiEstatePlan.com

Schedule your no-cost consultation: https://cincinnatiestateplan.com/contact/

 

Join us for our next workshop: https://cincinnatiestateplan.com/workshops/

Check out our free resources here: https://cincinnatiestateplan.com/free-resources/

 

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