Estate Planning Mistakes That Can Cost Your Family Everything
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 trust
Why putting assets in your child’s name can backfire in a divorce
How irrevocable trusts can actually increase control—not reduce it
Strategies to protect assets from creditors, divorce, and nursing homes
How to…
The skinny
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