Will You Trust Me? Navigating Estate Planning for Seniors - with Natalie Perry

We do this a lot on this show: remind you of the things you should be doing to, you know, be responsible, be smart, be considerate of others...But yeah, it's hard to ignore this one: make sure you have a will and/or a trust, so that you,a) Don't leave your family with a mess when you're gone, andb) Don't let the state make arbitrary decisions about your personal assets.Nathalie Perry is an estate planning attorney who is licensed in both Illinois and Florida, and thus can give us some good insights on not just the fundamentals of estate planning but on how laws and process can differ from state to state.Natalie explains the differences between wills and trusts, the consequences of dying without a will, and the intricacies of setting up a trust. We also talk about digital assets, tax considerations, the difference between a "will" and a "living will," the difference between a revocable and an irrevocable trust, and much more.So think of your family, avoid creating those awkward and difficult scenarios that we hear about, and have the conversations with your loved ones: it goes a long way to maintaining that family harmony!For more information and resources, visit:Natalie Perry, Attorney and CPA https://nataliemperry.com/ The American College of Trust and Estate Counsel https://www.actec.org/ The excellent ACTEC Resource Library https://www.actec.org/resource-center/ ---Reach out to the show by visiting our website,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠weareoldpodcast.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠and send me your thoughts and suggestions at [email protected].