E76: Essential Estate Planning Insights for Protecting Your Family's Future

Safeguard your family's future by learning about the essential elements of effective estate planning in this episode. Discover the importance of selecting the right guardians and trustees to carry out your wishes, and learn about strategically timing asset distributions to your beneficiaries. Eric also discusses the value of crafting a personalized cover letter to communicate your core values and desires.

[00:00] Introduction

[03:03] Estate planning and establishing a living trust

[08:18 ] Selecting guardians and trustees to carry out your wishes

[11:02] Timing asset distributions to your beneficiaries

[15:04] Crafting a personalized cover letter to communicate your values

[17:48] Sample cover letter of a trust

[25:30] Things to consider when establishing a trust

[27:52] Sample calculations to determine appropriate trust funding