Serious Coin Don’t Wait Until It’s Too Late: Estate Essentials for Wealthy Individuals with Michael Arlein
I know estate planning is not the most thrilling topic, but trust me—you don’t want to miss this one. Because having peace of mind around your estate plan one of the most important things you can do for your family and legacy – and your own peace of mind! My husband and I are in the process of updating our estate plans and what I learn I like to share.
Joining me to shed light on the estate essentials is Michael Arlein, a former investment banker and now a top New York-city estates lawyer. Michael Arlein is Chair of the Trusts and Estates group law firm Patterson Belknap where he advises high net worth individuals, entrepreneurs and founders of some of today’s fastest growing companies on tax and estate planning. In this episode, Michael breaks down the essentials that every wealthy individual needs to know.
Key Highlights:
- Best practices: what other high net worth individuals have done to better organize their affairs
- When your spouse (or children) should – and should not – be named executor
- The pros and cons of an institutional executor
- The most important decision to make regarding your power of attorney
Don’t put this off. Your future self (and your family) will thank you.Links and Resources:
Connect with Us: seriouscoinpodcast@gmail.com
Serious Coin creator and host, Kelly Willis Green is a professional wealth coach to individuals who want to develop a healthier, more intentional relationship with their wealth. A Certified Money Coach since 2103, Kelly spent 25 years in wealth management as a marketing professional and came into affluence through marriage, bringing both a professional and personal perspective to her client work and her podcast conversations about wealth – its complexities, privileges, opportunities and challenges.
We’ve heard from many listeners who haveenjoyed the topics we explore, which have led to rich conversations in your own lives. As you know with podcasts, listener support is essential. So please, if you’re enjoying the content, would you be kind enough to take a moment to give us a five-star rating, a review and share it within your own networks. It would mean a lot. And if there are any topics you’d like to hear about, send us a note at seriouscoinpodcast@gmail.com.
Thanks again for listening to Serious Coin.