#85. What is Probate? Estate Planning Part II with Anna Spencer and Abigail Johnston

Love the podcast? Send us a text! Today’s episode is part II of our Estate Planning series. Last week Abigail and Anna shared with us the importance of estate planning, and providing access and authority. For example, who has access to what and who are the decision makers if we can no longer make decisions for ourselves in a medical situation. Today we pick up on where we left off and turn to estate planning in terms of what happens after our own passing. We put all of this time and energy to prepare a living will, let’s make sure we make it easier for our loved ones to be able to focus on the good memories and grieving without having to worry about the logistics of funeral arrangements, probate and or guardianship. RESOURCES MENTIONED IN THIS EPISODE Ciitizen is free, helps you gain access and control to all your medical records and now, can also help you explore your custom Clinical Trial options! ciitizen.com/SBCtrials Listen to Part I Access, Authority & Estate Planning with Abigail Johnston and Anna Spencer (Part I) Join our Thursday Night Thrivers Meetup https://www.survivingbreastcancer.org/events Follow us on Instagram @Survivingbreastcancerorg @breastcancerconversations TOPICS DISCUSSED Estate planning Establish who your guardian will be Last will and testament What is probate? Avoid probate by establishing access after death Beneficiary will supersede what you put in your will Payable on death (POD) used by financial institutions Gradian of the person Gradian of the property What is a Trust? It owns it own’s assets Revocable vs irrevocable trusts What happens to my money after I die if my spouse remarries. Some assets have income taxes Funding the trust Terms and definitions Veteran’s should be sure to have discharge paperwork. _________________________ SAY HI ON SOCIAL YouTube: https://www.youtube.com/SURVIVINGBREASTCANCER Facebook:https://www.facebook.com/Survivingbreastcancerorg Pinterest: https://www.pinterest.com/BreastCancerConversations/ Twitter: https://twitter.com/SBC_org Instagram: https://www.instagram.com/survivingbreastcancerorg/ Support the show Listener Feedback Please share a review with us! If this episode resonated with you, we invite you to leave a review on Apple Podcasts or Spotify and share some stars! You can also click the link in the show notes that says "Love this episode? Send us a text" to share feedback. Messages are completely anonymous. If you would like us to follow up directly, please include your email address in your message so we can respond. Latest News: Join our Mailing List - New content drops every Monday! Discover FREE programs, support groups, and resources from SurvivingBReastCancer.org! Enjoying our content? Please consider supporting our work.