EPISODE · Apr 17, 2026 · 54 MIN
Estate Planning Mistakes That Can Cost Your Family Everything
from The Legal Exchange · host The Financial Exchange Network
Simple estate planning decisions can create major financial and legal problems. In this episode of The Legal Exchange, Todd Lutsky and Susan Powers walk through real-world cases that highlight how easily things can go wrong—from improperly structured trusts to putting assets in a child’s name. Also covered:A court case showing how one mistake can void a mortgage tied to a trustWhy putting assets in your child’s name can backfire in a divorceHow irrevocable trusts can actually increase control—not reduce itStrategies to protect assets from creditors, divorce, and nursing homesHow to structure inheritances to benefit children and future generationsFrom trust funding to family dynamics, this episode breaks down how to protect your assets—and your family—the right way.
What this episode covers
Simple estate planning decisions can create major financial and legal problems. In this episode of The Legal Exchange, Todd Lutsky and Susan Powers walk through real-world cases that highlight how easily things can go wrong—from improperly structured trusts to putting assets in a child’s name. Also covered:A court case showing how one mistake can void a mortgage tied to a trustWhy putting assets in your child’s name can backfire in a divorceHow irrevocable trusts can actually increase control—not reduce itStrategies to protect assets from creditors, divorce, and nursing homesHow to structure inheritances to benefit children and future generationsFrom trust funding to family dynamics, this episode breaks down how to protect your assets—and your family—the right way.
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Estate Planning Mistakes That Can Cost Your Family Everything
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