Estate Planning Myths, Mistakes, and Nightmares with Jon Braddock | E335
The Construction Leading Edge Podcast
Release Date: 05/13/2024
The Construction Leading Edge Podcast
☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team: EPISODE 443: Jake spent three years running a construction business that felt like waist-deep mud. He blamed the labor market. He blamed the economy. He blamed himself. Then he found a signature at the bottom of a stack of invoices — and everything clicked. His chaos had a name. And it had been there the whole time. In this solo episode of The Construction Leading Edge Podcast, Todd Dawalt tells the story of Jake a fictional composite built from real conversations with hundreds of construction business...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 442: Most construction business owners are managing 20 things at once and wondering why the job still falls apart. They've got good people, solid clients, decent projects — and somehow it still ends in chaos, rework, and fires they didn't see coming. The problem usually isn't the building. It's the handoff. In this solo episode of The Construction Leading Edge Podcast, Todd Dawalt breaks down a framework he calls Nail the Handoff — a simple way to identify the three or four points in every...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 441: Most builders assume cost plus is the safe play. No locked-in price. No exposure if materials spike or scope grows. But according to the author of Markup and Profits, cost plus contracts end up in lawsuits two to three times more often — and in arbitration nine times more often — than fixed-price contracts. That's not a pricing problem. It's a process problem. In this solo episode of The Construction Leading Edge Podcast, Todd Dawalt breaks down why cost plus contracts are far riskier than most...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team : EPISODE 440: Andy Kolp had clients, projects, and a reputation worth protecting. He also had gaps in his process — vague scope, trade bids coming in by text with no context, and jobs where the client ended up running the show. The projects finished. The clients were happy. But Epic Building Company had bent more than it should have. So Andy set a goal for 2025: operate from a position of strength. In this episode of The Construction Leading Edge Podcast, Todd sits down with Andy Kolp, owner of Epic...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 439: Daaron Yester has been framing custom homes in Southern California's Coachella Valley for nearly 30 years. He had loyal crews, a strong reputation, and clients who kept coming back. He was also borrowing money to keep the business alive, undercharging on jobs, and trying to run every part of the company himself. Something had to change. In this episode of The Construction Leading Edge Podcast, Todd sits down with Daaron Yester, owner of DYC Framing Inc., to trace the turning point that took...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 438: Why do construction business owners with real integrity still end up with frustrated clients? In this episode, Todd Dawalt breaks down the systems gap between what you promise and what your customers actually experience — and why pre-construction is the fix. ☎️ Schedule a free Business Evaluation Call with the CLE team → You can be a builder with high standards and real integrity and still deliver a customer experience full of confusion, delays, and broken promises. The issue...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 437: In 1937, the U.S. Army Air Corps sent out a design proposal with a set of detailed performance specifications for a new pursuit aircraft — one that didn't yet exist and that no plane at the time could match. That proposal eventually produced the Lockheed P-38 Lightning, a fighter that flew over 130,000 missions and, according to some historians, helped tip the balance of the war in the Pacific. In this episode of The Construction Leading Edge Podcast, Todd breaks down the business lessons...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 436: John Springs has been in construction since 1991. For most of those years, everything lived in his head — no written systems, no pre-construction process, no clear handoffs. He was the first call for every problem, working 60-hour weeks, and couldn't step away without something falling apart. Three years ago, that started to change. In this episode of The Construction Leading Edge Podcast, Todd sits down with John Springs, owner of John Springs Construction in Glen Rock, New Jersey, to break down...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 435: There's a belief running in your construction business right now that sounds completely responsible. Maybe it's "now's not a good time." Maybe it's "when things calm down, I'll fix it." Maybe it's "we just need to hire more people." It sounds like you're being smart and protecting your business. And it's the exact thing that's keeping you stuck. That gap between what you tell yourself and what's actually holding you back — that's where the real problem lives. In this episode of The...
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☎️ Schedule a Business Evaluation Call with The Construction Leading Edge Team EPISODE 434: There's a problem in your construction business right now that you've already identified — but haven't engaged with yet. A tough conversation with a client or employee, a financial trend you keep meaning to address, a hire you've been putting off. And every day you wait, it takes up more mental real estate. And that gap between recognizing a problem and actually engaging it is the breeding ground for fear, anxiety, and 2 a.m. wake-ups. In this episode of The Construction Leading Edge Podcast, I...
info_outlineEPISODE 335: What would happen to your family after you’re gone?
Estate planning may not be as fun as booking a trip but without it, it’s like throwing away everything you’ve worked so hard for. Yet, research shows that fewer than 50% of Americans have a will or any form of estate plan.
Who gets what? How do your loved ones access your assets? What about your ongoing projects? How can your construction business continue operating in your absence?
Joining me in this week’s episode is Jon Braddock. Jon is an estate planning expert and he’s here to share his experiences and insights on the often overlooked necessities of estate planning.
Jon and I talk about some of the common myths, misconceptions, and mistakes of estate planning that small business owners must avoid.
Whether you’re concerned about organizing your asset information, documenting crucial business processes, or simply unsure where to start crafting your will, this conversation provides you the knowledge and motivation to take action now.
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Meet Jon and his works at Estate Planning Nightmares (02:33)
Real-life examples of estate planning nightmares (07:20)
Ripple effects of poor or non-existent estate planning (12:46)
Common misconceptions people have about estate planning (14:48)
Importance of creating a solid estate plan (19:27)
What small business owners need to realize (27:08)
Why business continuity planning for small businesses matters (33:54)
The power of documented processes and systems (39:19)
First few steps in estate planning (46:16)
Episode wrap-up (53:06)
Additional Resources:
- Download the Legacy Planning Checklist HERE
- Join our FREE Get Out of Your Construction Business Masterclass HERE
- Download your FREE strategic planning guide HERE
- Schedule your FREE business evaluation call with our team HERE
- Grab a copy of Jon’s book, Click Here When I Die
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The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.
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