Simple Steps to Protecting Your Assets and Legacy with Jim Burch
Mar 02, 2023•40 min•Ep. 41
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Episode description
Joining Tom on today's episode is estate planner Jim Burch. During this episode, Tom and Jim talk about how society has come to rely on the government more than ever for benefits, security, and financing. Death is a certainty, but the timing of it is not. Tune in to learn more about the basics of estate planning and how easy it can be to get something started.
Highlights
- 01:33 How he started with his business and venturing in entrepreneurship
- 03:22 Estate planning and business planning services discussion
- 07:29 Having the ability to scale your business
- 10:03 Creating a stress-free legal document process using estate planning software and state-specific documents
- 14:21 The importance of updating estate planning documents when moving to a new state
- 16:05 The role of HIPAA laws and Powers of Attorney for incapacitated individuals
- 20:55 The importance of estate planning
- 22:41 Getting into estate planning as a beginner
- 28:09 The difference between a will and a trust in estate planning
- 29:13 Process of transferring assets and getting signatures
- 31:31 Benefits of establishing a trust vs a will
- 32:21 Simplifying estate Planning
- 35:16 Different ways to connect to Jim Burch Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
- Connect with Jim Burch
- https://easylegalplanning.com/
- https://www.linkedin.com/in/jiburch
Call to Action Schedule a Call with Tom
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