Big Changes With Estate Planning

Feb 04 – On this episode of Lifetime Income, Jim Puplava interviews estate planning attorney Adam Sherry. Adam takes time to explain the major changes for estate planning that went into effect last year. Because the lifetime deduction more than doubled, a lot of estate plans that may have made sense in the context of a much lower deduction have now been upended and may no longer be well-suited. Also, Adam explains why it is so important to identify a private professional fiduciary rather than a family member to act as the financial manager of your life.