Mountain Life Podcast with Celeste Canning - Estate Planning & Probate Law

Mountain Life Podcast with Celeste Canning - Estate Planning and Probate Law

Estate planning, Probate, Trusts and Wills may not sound like that exciting of a topic however, while producing this podcast, an hour passed before we knew it. Interesting details surround the decisions you make while your alive to ensure the assets you've acquired are properly transferred to the correct heirs. If you own real estate or have over 100,000 in assets, you may want to consider having a Trust. 

Probate Attorney, Celeste Canning covered the following topics and questions in this episode of Mountain Life:

• 1:35 -  Estate Taxes vs. Probate
• 2:56 -  Probate Defined
• 5:45 -  Why it's important to have Estate Planning in place before you die
• 10:19 - Misinformation on Trusts
• 13:45 - AB Trusts
• 16:14 - Why you need a Trust
• 20:24 - Who's going to run your business if you don't have a Trust
• 33:19 - How often should you review your Trust or Will
• 36:13 - Second Marriages and how it affects your Estate Planning
• 38:05 - Customizing your Estate Plan
• 39:57 - How Long does it take to set up a Trust
• 41:37 - Where's the Trust 
• 46:50 - Risks of online Estate Planning
• 50:51 - When editing a Trust goes wrong