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Estate Planning Books you need to read that will get you started on your estate planning - YouTube
Channel: Cortes Law Firm
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today we're going to talk about four
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books that i think are a great place
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to start your estate planning journey
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let's jump right in
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in this video up here a couple weeks ago
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i talked about how
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important it is to educate yourself
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before you start your estate planning
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journey
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i truly believe education is a key to a
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great
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estate plan now in the video i just
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talked about from a couple weeks ago
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i briefly mentioned these four books but
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a lot of you have been clicking on those
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links that i put down in that video
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so that gave me the idea to talk about
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each one of these books
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a little bit more in depth so that
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you'll have a better
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understanding and you can see which one
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might be actually helpful for you
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especially the first three deals
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specifically with estate planning
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the last one deals with what happens
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after somebody passes away or you're
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helping to administer somebody's estate
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they are all four really good books that
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i would recommend to you now i do have
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to have full disclosure that if you use
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one of our links
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below that was our amazon affiliate link
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so our channel will get a little bit of
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money if you
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end up buying one of the books but
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here's the thing guys if you
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live in oklahoma city or in the oklahoma
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city metro area
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come by our office and i will lend you
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our copies of the books you got to bring
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it back it'll be just like a little
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library
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but if you don't want to spend the money
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come by our office and i will lend you
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our copy
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of these four books for you to take home
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and read to educate yourself
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and get a better idea of what you need
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to do for your estate planning
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let's talk about the first book and it's
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called estate planning for dummies
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now i have to admit right off the bat i
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really
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really didn't like these for dummies
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books for a very long time
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but i have read a few of them including
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this one and
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they really do break down things into
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very basic terms
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that are easy to understand so i've
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actually ended up becoming a big fan of
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them
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even though i really didn't like the
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title i don't know i just i just felt
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kind of
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insulted buying a book that was for
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dummies but
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estate planning for dummies is a good
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book that i could recommend to you
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to help you on your journey some of the
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topics that estate planning for dummies
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goes over
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how to really just put your estate plan
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in order what do you need to do
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what do you have to do to minimize
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estate planning taxes if that's
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something that's important how to write
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a proper will
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deal with probate set up trusts and make
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sure your insurance policies are
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structured
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correctly to protect you and your family
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and the book also talks a little about
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special kinds of trusts that you really
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should be paying attention to
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if they apply to you and one of them
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like we just talked about in our lady
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gaga video
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up here is what to do with your pets
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you need to have a pet trust in place if
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you truly love
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your little furry friend and you want to
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make sure that they're taken care of
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no matter what happens to you whether
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you're incapacitated or you ultimately
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pass away you want to make sure
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that your little dog cat turtle bird
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whatever it is
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is taken care of estate planning for
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dummies really breaks down
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estate planning into very very basic
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terms
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and is a great place to start your
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estate planning journey so i would
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recommend that book
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the next book that i really like is this
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one aging in the right place
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this is a great book that explores all
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of the many options that are now
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available to
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people getting older ranging from just
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staying in your current home
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to moving someplace that is specially
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tailored to match your lifestyle and
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match your needs
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of what you want to where you want to be
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this is a great book
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for planning and giving you ideas and
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out of
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all of the books this one aging in the
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right place is probably one of my
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favorites
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the next book is called estate planning
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basics
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and this book is very similar to estate
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planning for dummies
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but it goes into how to make a will or a
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living trust how to name a guardian how
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to pick a guardian for your children
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or for yourself how to avoid probate the
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steps are for
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choosing an executor or a guardian a
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power of attorney and really preparing
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your healthcare
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directives this really is a great book
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at just getting down to the basics
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of what you need to do for estate
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planning i really like it if you have a
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choice between estate planning for
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dummies and this book estate planning
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basics
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i would probably get estate planning for
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dummies i just think it is
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a lot better laid out and in more
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understandable terms
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all three of these books are a great
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place to start
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for you to get a basic understanding of
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estate planning now just to be clear i'm
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not saying that once you read these
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three books
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you'll be able to create your own estate
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planning these books give you a basic
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understanding
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of what you need to do for an effective
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estate plan
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and i can tell you from over 20 years of
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practice
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that when somebody comes into our office
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and they have a basic understanding of
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what we're going to talk about
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it makes the process go much smoother
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and it helps them get to their goals
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in a much quicker time now we don't mind
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visiting with you
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and explaining all of this to you it'll
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be less frustrating for you if you have
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a better understanding
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before you come to our office or your
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estate planning
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attorney's office and understand what
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the terms
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are and what you're actually looking for
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in your estate plan
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once you have a basic understanding of
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what you want in your estate plan
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then we can create a plan that is custom
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tailored
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to what you need now the fourth book
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that i recommend is part of the for
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dummies
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series and it's called estate and trust
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administration for dummies
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i really like this book a lot and like i
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said this is not the same as estate
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planning
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for dummies this is what happens
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afterwards and it gives you guidance on
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the probate process
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advice on how to liquidate assets for
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your loved one your duties as a trustee
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or as an executor
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filing returns for relatives and the
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pitfalls that you
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really need to avoid as an administrator
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of an estate tips for finding an expert
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to help you along the way
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this book really gives you a lot of
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guidance on what to do once your loved
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one has passed away
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or even if you're just administering
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their estate because they're
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incapacitated and you're the successor
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trustee
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you're the incapacity trustee this book
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is a lot of help for that and it's a
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good starter
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again before you go in to talk with your
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estate planning attorney or your loved
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ones estate planning attorney
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for guidance on exactly what to do it
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will help you familiarize with the terms
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and give you a better understanding of
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what is going on in your loved one's
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estate
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first three books are what you can do to
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create the
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ultimate estate plan for you and
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the last book is what you need to do and
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what you need to know to administer a
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loved one's estate i'll provide
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links to all four of these books in the
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comment and in the description section
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below
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more than anything i just recommend you
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educate yourself
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on estate planning and again if you live
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in the oklahoma city metro area
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come by our office and if somebody
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hasn't checked it out
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and we have it available i will let you
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borrow
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any one of those four books free of
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charge as long as you need it and as
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long as you bring it back
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so that we can lend it out to somebody
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else i know i've thrown a lot at you
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today
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so that's why we've prepared our free
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guide on estate planning
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i'll put a link to it in the description
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below and in the comment section below
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that
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so that you can download it and get
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started in the right direction
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and to help you out even more watch this
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video up here
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and this video up here if you enjoyed
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this video
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then guys please smash that subscribe
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button and click on the like button
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and also click on that little bell so
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we post a new video have a great day and
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an awesome week and as always thanks for
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watching
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