Key Considerations for Homeowners - Estate Planning with Stephanie Kitzes
Description:
Welcome to the Jones Zone, a podcast by Daryl and JJ Jones, your resource for building wealth and knowledge in everything real estate. In this episode, Daryl Jones continues the estate planning series with special guest Stephanie from Kitzes Law. They delve into the importance of business succession planning, the consequences of not having an estate plan for your business, and the key considerations homeowners should keep in mind. Discover valuable insights and expert advice on ensuring a smooth transition of assets, protecting your business from probate, and the common mistakes homeowners make in estate planning.
Episode Highlights:
- Understanding the significance of a business succession plan and its role in estate planning
- The potential consequences of not having an estate plan for your business
- Exploring the importance of transferring business ownership into a trust
- Common mistakes homeowners make in estate planning and how to avoid them
- The role of comprehensive estate planning in protecting your assets and ensuring financial stability
Key Questions Asked:
- What is a business succession plan and why is it important for homeowners who own a business?
- How does not having a business succession plan impact the future of a business after the owner's passing?
- What are the implications of business assets going through probate?
- How can homeowners ensure that their business ownership is transferred into a trust?
- What are some common mistakes homeowners make in estate planning and how can they be avoided?
Guest Information:
Stephanie Kitzes - Business & Estate Planning Attorney
Website: kitsezlaw.com
Phone: (949) 517-2275
Email: stephanie@kitzeslaw.com
Please note that the information shared in this episode is for educational purposes only and should not be considered legal advice. It is recommended to consult with an estate planning attorney to address your specific circumstances and create a personalized estate plan.
Contact Darryl:
Darryl & JJ Jones Real Estate
Email: darrylandjj@gmail.com
Phone: (714) 713-4663
