Episode 16. Avoiding Probate in 2026: The Traps That Cost Families Everything | Part 1 скачать в хорошем качестве

Episode 16. Avoiding Probate in 2026: The Traps That Cost Families Everything | Part 1

Most families think avoiding probate is the goal of estate planning. In 2026, that belief is costing families hundreds of thousands — and sometimes millions — of dollars. In this episode, estate planning and elder law attorney Jesse Bifulco explains why avoiding probate is not a strategy, and how common probate-avoidance techniques like joint ownership, beneficiary designations, and “simple” trusts can quietly backfire. 📌 This is Part 1 of a three-part series on avoiding probate in 2026. In this episode, you’ll learn: ✅ Why probate avoidance alone doesn’t protect your family ✅ How joint ownership and beneficiary forms can create tax and inheritance traps ✅ Why “simple” estate plans often cause complex problems later ✅ The difference between avoiding court and actually protecting assets If you own a home, have children, or expect to leave assets behind, this episode will challenge assumptions you may not even realize you’re making. 👉 Watch Part 2 next to learn how expanded Medicaid estate recovery can still put your home at risk — even if you avoid probate. If you find this helpful, like, subscribe, and share your questions in the comments. Future episodes will dive deeper into real-world planning mistakes and how families can avoid them. 🎯 In this episode: 00:00 Welcome and Today’s Topic 00:56 The Benefits and Risks of Probate Avoidance 01:48 Criticisms of Probate Avoidance Techniques 04:29 Planning for the “What Ifs” 05:25 The Real Target and Examples of Missing It 0745 The Good and Bad Way to Avoid Probate 09:29 Details of the Traps 14:53 Restating the Goal of Estate Planning and How to Achieve It 16:08 Protect Your Home from Nursing Home Leins: Part II Preview. 14:44 Sign off #EstatePlanning #AvoidingProbate #ProbateAvoidance #EstatePlanning2026 #LivingTrust #EstatePlanningMistakes #ProbateTraps #MedicaidPlanning #EstateRecovery #NursingHomeCosts #AssetProtection #GenerationalWealth #LifeCounsel #LifeCastPodcast #ElderLawAttorney Now available in Print and Digital formats: 📘 Get the book: The LifeCounsel® Estate Planning For Married Couples with Adult Children 👉 Available now on Amazon: https://www.amazon.com/dp/B0FCSD7Z8X Jesse Bifulco is a lawyer who runs his own practice. The information on this site is not meant to be legal advice or advertising. LifeCounsel® offers free resources to help you learn and make good choices for your family and your future. 🔔 Subscribe @   / @reallifecounsel   to hear true stories that blend family, law, and legacy—and why the decisions you make today matter more than you think. LifeCast - LifeCounsel Podcast Hosted by: Jesse Bifulco, Esq. LifeCounsel® Founder | Estate Planning Attorney Learn more at: https://www.lifecounselmedia.com/ Follow us:   / real_lifecounsel     / lifecounsel     / lifecounsel   © 2025 Media Verio Company LLC. All rights reserved.  / real_lifecounsel     / lifecounsel     / lifecounsel   © 2025 Media Verio Company LLC. All rights reserved.