#02 Estate Planning EXPERT Reveals Shocking Secrets to Protect Your Assets with Patricia Galea & Priyanka Shah

In this episode of the LevelUp Podcast, we’re joined by Patricia Galea, Principal Solicitor at Galea and First Solicitors in Melbourne. Patricia walks us through the crucial elements of estate planning, including wills, trusts, powers of attorney, and how to avoid costly mistakes. Timestamps 00:00:00 - Introduction: Why estate planning matters. 00:00:23 - Meet Patricia Galea: Your estate planning expert. 00:01:11 - What is estate planning? Wills, trusts, and beyond. 00:02:34 - Testamentary trusts: Protecting assets from marital breakdowns. 00:06:25 - Powers of attorney: Financial and medical decisions explained. 00:09:09 - The risks of dying without a will (intestacy issues). 00:17:05 - Why DIY wills can cause costly disputes. 00:26:13 - Protecting your children: Appointing guardians and trusts. 00:30:21 - Binding vs. non-binding nominations in superannuation. 00:34:44 - Final thoughts: Takeaways from Patricia Galea. Don't Miss Out: If you're interested in real estate investment or looking to level up your financial game, this episode is a must-watch! Subscribe to our channel for more expert discussions and insights into real estate, finance, and personal growth. Listen to Our Podcast on Other Platforms: Spotify: https://open.spotify.com/show/1Q0NY5cMTErWqrc9aPbuy1 Apple Podcasts: https://podcasts.apple.com/us/podcast/level-up-podcast/id1753974441 Amazon Music: https://music.amazon.com/podcasts/35c5ff26-b285-45cb-8121-de2673d81846/level-up-podcast iHeart: https://www.iheart.com/podcast/269-level-up-podcast-189059703/ Join Our Fastest Growing Social Media Community: Instagram: https://www.instagram.com/finsolinsurances TikTok: https://www.tiktok.com/@priyanka.finsolinsurances LinkedIn: https://www.linkedin.com/company/finsol-pty-ltd/ YouTube: https://www.youtube.com/@finsol.insurance Join the Conversation by Leaving your thoughts and questions in the comments below. We'd love to hear from you! #levelupwithpriyanka #estateplanning #estateexperts