Why Estate Plans Fail When Life Changes
One mistake in your estate plan can cost your family millions. In this episode of The Legal Exchange, Todd Lutsky and Susan Powers walk through real cases that show how outdated documents, poor planning, and misunderstood strategies can create massive financial consequences. Also covered:
How a power of attorney allowed $5.6 million in gifts
Why remarriage without updating your plan can backfire
The hidden risks of nominee realty trusts
When gifting assets can actually increase taxes
Why failing to update your plan after major life events is so costly
What to fix now before these mistakes…
The skinny
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