Josh Scandlen Podcast

Estate planning may seem a complex topic.  In some ways, it truly is.  However, if you are married, especially if you have children, you need to make sure you have the following estate planning tools in order and up-to-date: 1.guardianship 2. durable power of attorney 3. beneficiary designations In this video, we talk about why you need these three items.  First, what happens to your minor kids if you and your spouse are killed?  Do you know? Well, unless you have stated explicitly in your Will, the law determines who becomes guardian of your kids.   Will it be your mother who lives 2000 miles away and is dating a man you aren't fond of? Maybe your parents are deceased. Will it be a brother who you know has a gambling problem but few other people know about? The judge who will decide guardianship only has one task and that is to try to keep your children together in the safest home possible.  The courts don't have time to deeply investigate every, single circumstance that