Episode 15. Which Probate Strategy is Best to Protect My Assets? скачать в хорошем качестве

Episode 15. Which Probate Strategy is Best to Protect My Assets?

Want to keep your family out of court, protect your privacy, and save thousands in legal fees?. In this episode, Attorney Jesse Bifulco, founder of LifeCounsel, breaks down exactly how to avoid probate for every major type of asset. 📌 You’ll learn: ✅ The pros and cons of survivorship, beneficiary, and trust strategies for all assets: Real estate (home, camp, investment property) Bank accounts & investment accounts IRAs, 401(k)s, Roths & retirement accounts U.S. Savings Bonds Life insurance & annuities Digital assets (crypto, PayPal, Venmo, domain names) Business ownership (LLCs, partnerships, closely-held stock) Personal property ✅ When probate is actually the best choice ✅ Why a living trust often saves the most money — and headaches Stories illustrate what happens when probate-avoidance goes wrong Frank’s life estate mistake Becky’s divorce-entangled deed Tom’s camp forced-sale nightmare Jane’s financial aid shock Mark’s IRA tax bracket surprise Tony’s restaurant collapse Eliza’s endless beneficiary-update marathon 🎯 In this episode: 00:00 Introduction: Why Avoid Probate 00:12 Welcome to LifeCast 00:25 What We’ll Cover Today 00:40 How to Avoid Probate with Real Estate 01:05 Joint Ownership with Survivorship 02:33 Frank’s Life Estate Mistake 03:19 Becky’s Divorce-Entangled Deed 04:24 Transfer-on-Death “Lady Bird Deeds” 05:03 Using a Living Trust for Real Estate 05:30 Recap for Real Estate: Three Ways to Avoid Probate 04:20 Bank Accounts: Joint Owner Risks 04:58 Investment Accounts & POD Pitfalls 05:51 Vehicles 06:14 Personal Property 06:34 Guns 06:56 Cash and US Savings Bonds 08:33 Life Insurance, Annuities, 08:56 Complex Accounts 09:06 Digital Assets 10:24 Investment Accounts 11:02 Jane’s Financial Aid Shock 12:11 Retirement Accounts 13:04 Beneficiary SNAFUs 13:32 Mark’s IRA Tax Bracket Surprise 14:15 Avoiding Probate with Business Interests 15:23 Tony’s Restaurant Collapse 16:42 A Living Trust is an All Purpose Tool 17:00 When Probate Is Actually the Best Option 18:42 Eliza’s Endless Beneficiary Updates 20:49 Why a Living Trust Solves Everything 21:43 Final Thoughts and Sign-off #AvoidingProbate #ProtectingFamilyWealth #SeniorPlanning #RealEstate #LLCplanning #Medicaid #LongTermCare #ElderLaw #AvoidingInheritanceMistakes 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: LifeCounsel Blog: https://substack.com/@lifecounsel   / real_lifecounsel     / lifecounsel     / lifecounsel   © 2025 Media Verio Company LLC. All rights reserved.  / real_lifecounsel     / lifecounsel     / lifecounsel   © 2025 Media Verio Company LLC. All rights reserved.