Episode Summary:

Isaac Cohen explains why having an estate plan in place is crucial in California. Without proper planning, the state determines asset distribution through a lengthy probate process, leaving individuals out of control. Even modest assets can trigger probate, emphasizing the need for proactive estate planning to ensure assets are passed down as intended.

Key Timestamps:

00:00 – Introduction

01:30 – Misconceptions about estate planning in California

03:15 – Asset distribution without a plan

05:45 – Risks faced without an estate plan

08:20 – Impact on family conflicts

10:10 – Cost-benefit analysis of hiring an estate planning attorney

About the Show:

*Trusts, Wills & Wealth Podcast* provides practical guidance on estate planning for California families. Hosted by attorney Isaac Cohen, the podcast simplifies complex estate planning topics, empowering listeners to protect their assets and secure their family's future.