Common Questions: Clearing Up Confusion in Estate Planning, Elder Law, and Asset Protection

The Red Wagon Estate Planning & Elder Law Show

Jeff answers some questions that have been coming up in our conference rooms, workshops, and elsewhere. Generally, if a couple of people ask the same question, then we know that other people are thinking it, too. And, since we’re dedicated to education here at Bellomo & Associates, we like to jump in right away and clear up any confusion that might be out there. We want everyone to understand the tactics we recommend—and why we recommend them—for estate planning, elder law, and asset protection.

What You Need to Know

(00:00) Podcast introduction.

(02:37) Bellomo & Associates says the firm offers free workshops, but I'm skeptical because “nothing is free.” So, what’s the catch?

(04:04) I don't have children. How can I find someone to act as my financial power of attorney and/or medical power of attorney? Executor? Backup trustee? To whom should I leave my assets? What about tax consequences?

(11:00) Should I even worry about estate planning if I don’t have children?

(12:08) Estate planning workshops conducted by non-lawyers (i.e., financial advisors, insurance representatives, etc.) seem to be growing in popularity. Should I consider attending these workshops?

(18:06) Bellomo & Associates recommends that I use estate planning and elder law attorneys to protect my assets. But other people have told me to avoid lawyers, probate, and the related costs. I don’t know what to believe. What is probate anyway? Please help me understand.

(28:02) Do I really need to use an attorney who is certified?

About Bellomo & Associates

Jeffrey R. Bellomo, the founder of Bellomo & Associates, is a licensed and certified elder law attorney with a master’s degree in taxation and a certificate in estate planning. He explains complex legal and financial topics in easy-to-understand language.

Bellomo & Associates is committed to providing education so that what happened to the Bellomo family doesn’t happen to your family. We conduct free workshops on estate planning, crisis planning, Medicaid planning, special needs planning, probate administration, and trust administration. Visit our website (https://bellomoassociates.com/) to learn more.

LINKS AND RESOURCES MENTIONED

Bellomo & Associates workshops:https://bellomoassociates.com/workshops/

• Life Care Planning
• The Three Secrets of Estate Planning
• Nuts & Bolts of Medicaid

For more information, call us at [phone].

Connect with Bellomo & Associates on Social Media

Tune in Saturdays at 7:30 a.m. Eastern to WSBA radio: https://www.newstalkwsba.com/

X (formerlyTwitter):https://twitter.com/bellomoassoc

YouTube: https://www.youtube.com/user/BellomoAssociates

Facebook:https://www.facebook.com/bellomoassociates

Instagram:https://www.instagram.com/bellomoassociates/

LinkedIn:https://www.linkedin.com/in/bellomoandassociates

WAYS TO WORK WITH JEFFREY BELLOMO

Contact Us:https://bellomoassociates.com/contact/

Practice areas:https://bellomoassociates.com/practice-areas/