In this enlightening conversation, estate planning attorney Shalini Codispoti shares her insights into the importance of estate planning and dispels some common myths surrounding the process. Shalini stresses that estate planning is not just for the wealthy, but for anyone who hopes to transfer their wealth and ensure they have a plan in place for their loved ones in case of their demise or incapacity.
She also breaks down the components of an estate plan and highlights the difference between a will and a trust. Shalini shares some concerning stories about what can happen when an estate plan is not in place and emphasizes the benefits of being proactive in protecting your assets and planning your estate.
In this episode, you’ll hear from Shalini on:
- Why estate planning is not just for wealthy people
- Addressing the procrastination around estate planning
- Flexibility to amend the Wills or Trusts
- The importance to maintain copies of important documents
Get in touch with Shalini:
- Instagram: @codispotilaw
- Website: www.codispoti-law.com
Connect with Holly:
- Holly’s Instagram: @hollymorph
- Holly’s YouTube: @hollymorphew
- Holly’s book: Simple Wealth: The Practical Guide to Transform Your Relationship with Money and Live in Abundance
- Financial Impact’s Website: financialimpact.com
- Financial Impact’s Facebook Page: FinancialImpactSystem
