Attorney Kim Bodnar joins Andrew to discuss how to properly plan your estate, especially when it comes to your real estate holdings. They cover inheritance taxes, transfer taxes, deed transfers to heirs, issues with reverse mortgages, and opportunities for investors when estates have not been properly handled. In this episode, you’ll uncover key strategies to safely pass down property, avoid financial landmines, and even profit by snatching up deals from poorly planned estates.   [00:00 - 03:22] - Introduction to Kim Bodnar Kim introduces her experience as an attorney practicing for over 30 years She handles litigation, estate planning, and estate administration Calls herself a "whole life attorney" working with clients "cradle to grave"   [03:23 - 14:13] - Planning Your Real Estate Inheritance Kim advises clients to decide early who should inherit their real estate Transferring deeds to children ahead of time avoids taxes Inheritance tax and transfer tax exemptions in Pennsylvania   [14:14 - 20:26] - Issues With Reverse Mortgages Problems arising when reverse mortgage companies bet wrong on life expectancy Reverse mortgages left in deceased parents' names creates complications Opportunities for investors to purchase these properties   [20:27 - 27:50] - Additional Real Estate Planning Strategies Creative idea to sell home but continue renting from new owners Importance of keeping beneficiary designations updated How Kim continues learning through legal education and networking   Connect with Kim! Website: https://www.kabodnar.com/   Quote: "I try to encourage my clients to, as soon as possible, decide who they would like their real estate to go to." - Kim Bodnar   Visit our website www.birgo.com to learn more about High-Quality Recession Resistant Assets for the Everyday Investor -- LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, YouTube, or whatever platform you listen on. Thank you for tuning in, and Stay Tuned for the next episode COMING SOON!

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