Estate planning is something we all know we should do, but it’s often pushed to the bottom of the list. In this episode, Scott shares a heartbreaking real-life story: a close friend’s brother died suddenly at 42. Recently divorced, with two young sons and no estate plan in place, the aftermath was a painful legal tangle. It’s a tragic example of what happens when planning is left undone, and how the people you love end up bearing the weight.

Listen in as Scott talks through the essentials of estate planning – from why a simple will isn’t enough to the key life events that should prompt updates. He also touches on the emotional side: how clear planning and communication can prevent unnecessary conflict, especially in complex family situations. If estate planning has been on your “someday” list, this episode might just be the nudge you need to finally get it done.

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Here’s some of what we discuss in this episode:

🛑 Real-life story: the tragedy of having no plan

📜 Why a will isn’t a complete estate plan

🚨 Key life events that should trigger updates

👨‍👩‍👧‍👦 The risk of family conflict without communication

⚖️ How to avoid probate and protect your intent

0:00 – Intro

1:41 – Consequences of procrastination

4:59 – Don’t let the courts decide

7:34 – “I have time…”

10:12 –Triggers to revisit your plan

11:57 – Communication is key

14:59 – Family dynamics and inheritance fights

17:30 – Final Thoughts

Resources for this episode:

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The “When I Die” binder: https://retireairlines.com/wp-content/uploads/2024/10/Scott-O-FILLABLE-BINDER-10.22.24-1.pdf

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