Description:

In this episode of the Jones Zone, Daryl Jones continues the discussion on estate planning with special guest Stephanie from Kitzes Law. They explore the benefits of estate planning, including the use of durable power of attorney, funding trusts, and protecting assets from creditors and predators. They delve into the importance of keeping estate plans up to date and address issues such as special needs beneficiaries and addiction. Additionally, they highlight the role of life insurance in estate planning and provide valuable insights for homeowners looking to secure their assets and provide for their loved ones after their passing.

Episode Highlights:

• Understanding the concept of durable power of attorney and its role in estate planning
• Exploring the significance of funding and keeping trusts updated
• Strategies to protect assets and provide for children and dependents
• The implications of probate and how to avoid its costs and delays
• The role of life insurance in estate planning and its benefits

Key Questions Asked:

1. What is a durable power of attorney and how does it differ from a regular power of attorney?
2. How can homeowners ensure that their trusts are fully funded and up to date?
3. What strategies can homeowners use to protect their assets and provide for their children and dependents after death?
4. How does estate planning help homeowners avoid probate and its associated costs and delays?
5. How can life insurance be incorporated into an estate plan?

Guest Information:

Stephanie Kitzes - Business & Estate Planning Attorney

Website: kitsezlaw.com

Phone: (949) 517-2275

Email: stephanie@kitzeslaw.com

Please note that the information shared in this episode is for educational purposes only and should not be considered legal advice. It is recommended to consult with an estate planning attorney to address your specific circumstances and create a personalized estate plan.

Contact Darryl:

Darryl & JJ Jones Real Estate

Email: darrylandjj@gmail.com

Phone: (714) 713-4663