129: Estate Planning Strategies to Reduce Family Conflict After Death
Absolute Trust Talk
Family conflict after a loved one has passed is very common, but that doesn’t mean it can’t be avoided. In our years of experience in estate planning, we’ve seen many different scenarios play out and have a thorough understanding of the nuances that tend to cause these conflicts. The number one reason for disputes over a trust lies in the feeling that it is not fairly divided. While Mom and Dad or Aunt Sally can set up their estate however they wish, often, a simple conversation with family can go a long way to clarify why certain decisions were made. In this episode of Absolute Trust...
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128: Revocable or Irrevocable Trust: Which is Right for Me?
Absolute Trust Talk
When we first begin working with a client who is setting up their estate plan and, more specifically, building a trust, the number one question we always get is whether they need a revocable or an irrevocable trust. For us, this is always an interesting and fun conversation because as soon as the client hears the difference, they immediately know which tool they need. Not to give it all away, but the standard option is the revocable trust; however, there are certain instances in which the irrevocable trust is needed—there is no one-size-fits-all approach to estate planning. So, which...
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127: Understanding Multigenerational Estate Planning Part 2
Absolute Trust Talk
Welcome back! In our last episode of Absolute Trust Talk, we were joined by expert psychotherapist and certified coach Tess Brigham, MFT, BCC, to discuss the differences between generations and, more specifically, examine the unique dynamics between Baby Boomer parents and Millennial children. In this episode, we continue our conversation with Tess, focusing on the interactions between Gen X parents and Gen Z children. These two generations are very interesting as Gen Xers were heavily influenced by events like the Persian Gulf War, the women’s movement, and high divorce rates. As Tess...
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126: Understanding Multigenerational Estate Planning Part 1
Absolute Trust Talk
The battle between the generations is real and seems to be everywhere. Yes, generational divides even play a role in estate planning. In fact, estate plans nowadays are built around more diverse and multigenerational families than ever before. In this new episode of Absolute Trust Talk, we are joined by psychotherapist and certified coach Tess Brigham, MFT, BCC. Tess specializes in helping young adults discover their unique life path to enter the world and make an impact. Join us as we discuss how the generations are defined, what makes each one unique, and how these factors influence estate...
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125: Cher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance Abuse
Absolute Trust Talk
Recently, the entertainment world has been abuzz with numerous high-profile conservatorship battles, and the latest to emerge involves iconic singer Cher. She has initiated a conservatorship petition concerning her son, Elijah Blue Allman, aiming to oversee the financial benefits he inherits from his father, the late Greg Allman's trust. Legal filings state the urgent need for a conservator to safeguard Elijah's estate against potential damages or losses, citing his inability to manage his finances due to significant mental health and substance abuse challenges. Tune into a new episode of...
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124: Beach Boys Founder Brian Wilson Suffering from Dementia as Reps Seek Conservatorship
Absolute Trust Talk
When you think of the Beach Boys, what comes to mind? We’re betting it’s not a complicated conservatorship case. Unfortunately, that’s what’s happening with the Beach Boys Founder, Brian Wilson. Mr. Wilson’s long-time wife had been his healthcare directive, but with her recent passing, it was discovered that no one was ever named as a backup. Now, the question is not only who will pick up her role as Mr. Wilson’s healthcare directive, but how. With Brian Wilson being considered unable to make these decisions for himself due to dementia, the solution is not a simple one. Tune in to...
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122: The Costly Truth of Ignoring Estate Planning Like Jay Leno
Absolute Trust Talk
You may have heard the recent news that Jay Leno filed a conservatorship over his wife, Mavis Leno’s estate. The couple does not have an estate plan, and his goal is to gain special permission from the court to set up a plan for both of them. As Kirsten and Madison point out, the main issue is not what happens if Mavis dies but instead if Jay were to die first. Given that Mavis is already incapacitated, who will manage their assets and decision-making? We hope you will join us for this discussion that underscores just how important it is to have an estate plan in place to avoid the costly...
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123: Why Can't I Change My Trust After My Spouse Passes Away?
Absolute Trust Talk
At Absolute Trust Counsel, one of the pieces of advice we like to shout from the roof tops is that people need to keep their estate plans up to date! We constantly find people who fail to do so. In many cases, we can fix the challenges that arise, but sometimes, it may not be possible, and we must navigate a more difficult path. In this specific episode, we are going to focus on AB Trusts and the issues that typically arise. It happens more than you might think - often, when a spouse dies, the widow(er) later finds out their joint trust is set up in a way that requires them to split the trust...
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121: What Happens When a Trustee, Executor or Beneficiary Dies?
Absolute Trust Talk
If you’ve been following along with our show, you know that we can’t stress enough the importance of estate planning and setting up a trust to make things simple, cost-effective, and less time-consuming for your heirs. But even with the most comprehensive and well-thought-out estate plan, wrinkles can be thrown into the plan. It’s a lot of information for all parties involved to consume, and there are many moving parts. One curveball we’ve seen a few times before is a beneficiary, trustee, or executor dying before the will or trust is enacted. Everyone tuning in to this podcast has...
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120: Solutions to Common Real Estate Issues
Absolute Trust Talk
Have you ever had a pesky neighbor encroaching on your land? Or perhaps they have decided to put a cell tower in that directly blocks the beautiful view that you bought your property for in the first place? Or maybe you’ve recently inherited the family home but share it with your siblings and cannot agree on what to do with it. How do you resolve these types of challenges? Do you have a friendly conversation? Do you engage a lawyer and go to court? In this podcast episode, we sit down with Steven Kahn, a civil litigation attorney who focuses on real estate and business disputes involving...
info_outlineCaregiving is certainly not an easy job. Often, caregiving responsibilities are given to family members who are learning as they go—especially with the case of dementia. While caregiving for someone struggling with dementia is no easy task, Jennifer Fink understands and has created many resources to help. After experiencing the difficulties behind being a caregiver for her mother dealing with Alzheimer’s, Jennifer struggled to find a podcast that catered toward her needs as an Alzheimer’s Caregiver. Thus, the ambitious Jennifer decided to create her podcast, Fading Memories, to provide support, advice, and resources for those dealing with a similar situation. On Jennifer’s website www.fadingmemoriespodcast.com, you have not only access to her wonderful podcasts, but also an array of other helpful resources—such as blog articles and recipes. And yes, they’re all completely FREE! Jennifer’s podcast and website offer many significant and valuable techniques, even if you are just a general caregiver.
In this episode, Kirsten and Jennifer go over the challenging emotions and difficulties that Alzheimer’s caregivers face. If you are a caregiver or have a loved one dealing with memory loss, this is an episode you don’t want to miss. Together, Kirsten and Jennifer cover a variety of techniques, tools, and support available for those dealing with a loved one suffering from memory loss. Listen now to hear the episodes that listeners—and even Jennifer herself—found the most helpful in their care-taking journey.
Big Three from Episode #073:
- As a caregiver, even having just ten minutes of your own free time can feel like gold. To properly care for someone else, make sure you are taking care of yourself first!
- If you are a caregiver for someone dealing with dementia and want to access a completely FREE resource for helpful caregiving techniques, support and advice SPECIFICALLY targeted toward Alzheimer’s and dementia, you have to visit www.fadingmemoriespodcast.com!
- Alzheimer’s and dementia can affect people very differently. While some people may have a slower decline in memory loss, it can be much steeper for others. If you have a loved one who has recently been diagnosed with Alzheimer’s, you need to start planning now! You don’t want to wait until things get too out of hand.
Time-stamped Show Notes:
2:13 - Ever feel like you want to start over? Jennifer discusses why she chose to abandon her career as a portrait photographer and instead start her podcast, Fading Memory, to help support fellow Alzheimer’s caregivers.
5:31 - If there’s one thing we learned from Elaine Sanchez in our last episode about caregiving (link for this here if you haven’t watched it yet), it’s that the act of caregiving comes along with a whirlwind of emotions ranging from stress to guilt. Jennifer goes into those experiences here.
8:22 - Are you a caregiver for someone with Alzheimer’s and tired of trying tools that just aren’t working? Listen here as Jenn goes over the most effective techniques, she’s discovered due to creating her podcast—and the ones that have backfired.
9:16 - It can feel incredibly sad and disappointing when your closest loved ones begin losing their memory of you. Jennifer explains what strategy she uses to overcome these emotions best.
13:56 - Listen here to hear what episodes have been the most surprisingly helpful for caregivers.
15:27 - If one of your loved ones has been recently diagnosed with Alzheimer’s—or you suspect that they may have it—you need to hear Kirsten’s advice on how to best plan ahead here.
17:29 - Do you ever have moments where you feel like you’re just going to explode completely? Then, you HAVE to listen to Jennier share this AMAZING tool that will ultimately alleviate your anger, even when you feel like your whole day has been horrible.
21:43 - You’re not going to want to miss this. For her 200th episode, Jennifer has a beautiful surprise in tune! Listen now to learn more details!23:16 - If you find the advice from Jennifer’s podcast helpful so far, you’re going to LOVE hearing about the other fantastic resources she has in store on her website, www.fadingmemoriespodcast.com. Did we mention that they’re all completely FREE?
26:08 - Jenn addresses how she deals with the toxic positivity often seen in the caregiving community.
28:44 - If you love Jenn’s advice on caregiving, listen here as she goes over how you can access her episodes on her website, www.fadingmemoriespodcast.com!
31:17 - If you are a caregiver, but not for someone specifically struggling with dementia, this is a list of Jenn’s podcasts with general caregiving tips that you won’t want to miss.
Resources from this Episode:
https://fadingmemoriespodcast.com/
https://twitter.com/jennifer_fink
https://www.instagram.com/alzheimerspodcast/
linkedin.com/in/jennifer-fink-338957
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