Why Retirement Is a New Phase of Estate Planning (Ep. 196)
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Retirement often changes how your wealth is structured, distributed, and taxed, potentially exposing estate planning gaps that were easy to overlook during your working years.
In this episode, Larry Heller, CFP®, CDFA®, explores why retirement is a new phase of estate planning and what families, especially those with higher net worth, should be reviewing now.
Larry discusses:
- Why signed estate documents are not the finish line once you retire
- How beneficiary designations can override your will
- Common mistakes with outdated beneficiaries, minor children, and second marriages
- Why asset titling and TOD/POD accounts must align with your estate plan
- Key considerations for high-net-worth families, including New York’s estate tax cliff
- The importance of revisiting trusts, executors, and family communication
- And more!
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