Ep 2: Estate Planning Guidance & Tips with Steve Brown

21/05/2020 31 min
Ep 2: Estate Planning Guidance & Tips with Steve Brown

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Episode Synopsis

Leaving a legacy behind isn’t something everyone wants to do, but if it’s a priority for you, then estate planning is a big piece of that process. Whether you’re a business owner or an individual, estate planning attorney Steve Brown will help you get a better grasp of the process and why it’s so important.   and get additional financial resources here: https://kcbusinesshuddle.com/business-owners/ep-2-estate-planning-guidance-tips-with-steve-brown/138/    Today's show schedule:  0:38 – Estate Planning Attorney Steve Brown joins the show today. 1:06 – Background on Steve  1:45 – How did you decide to be an attorney and specifically estate planning? 3:20 – What approach do you take to the job? 5:46 – What is the net worth of your typical clients? 6:42 – How does the lifespan process work? 8:55 – Everyone has a default estate plan once you turn 18. 10:20 – Bernie shares a story of an inheritance at 15 years old and how it caused issues within a family. 12:10 – How can someone structure an estate plan to have control over how the inheritance is spent? 13:48 – What’s the process he uses that sets him apart from other attorneys?  16:54 – Many people have an unfunded trust. 19:20 – Business succession planning 22:59 – 5 levels of asset protection 25:01 – What’s the process of determining your level? 28:02 – What estate planning advice would you give business owners? 29:15 – Best way to get a hold of Steve for any questions.

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