Avoid This Costly Mistake in Your Estate Plan
About this episode
This episode discusses how to handle real estate in an estate plan and common mistakes to avoid.
What could a simple deed change save your family from thousands in unnecessary costs? This episode tackles one of the most common retirement concerns: how to handle real estate efficiently in an estate plan. The team breaks down how probate works, why many aim to avoid it, and how tools like transfer-on-death deeds can simplify the process in certain states. They also discuss common mistakes, including adding children as joint owners and the potential tax and liability consequences. Plus, hear practical considerations around Medicare timing and tax-efficient ways to cover premiums. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.
People in this episode
Host: Mike Canet
Topics covered
- estate planning
- real estate
- probate
- retirement
- tax planning
Keywords
- estate plan
- probate
- transfer-on-death deeds
- joint owners
- Medicare timing
Mentioned in this episode
Organizations: Medicare
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- Are You Planning to Live Longer Than Your Money?
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