Ep 110: Estate Planning, Business Ownership And Beyond with Joel Cavanaugh (Part 2)

We are back with Joel Cavanaugh, partner at Hanna Rasnick Evanchan Palmisano Hobson & Fox LLC, for this episode. Joel handles a wide array of cases in estate planning and has a wealth of knowledge to share with us today. In part one of this two-part episode, we got to know more about Joel and talked about the ins and outs of running a business. In part two, Joel will answer your estate planning questions.     Here’s some of what you’ll learn in this episode: The importance of having a will, a financial power of attorney, and a medical power of attorney.  (1:19) Joel breaks down the differences between a financial power of attorney and medical power of attorney. (5:28) Do I need a trust? (11:38) The differences between a revocable and irrevocable trust. (17:34) The importance of having an estate plan. (23:44)   Learn more about Joel: https://www.businessandconstructionattorneys.com/attorney/joel-d-cavanaugh/) For more, visit us online: https://baschrock-fg.com/