The 3 Parts to a Perfect Estate Plan – Part 2c: Common Mistakes & Oversights
Big Picture Retirement®
Devin Carroll
4.7 • 545 Ratings
🗓️ 12 May 2025
⏱️ 29 minutes
🧾️ Download transcript
Summary
In this episode, we shine the light on common estate planning mistakes that can derail even the best intentions. We discuss the risks of failing to update beneficiary designations and why relying solely on joint ownership can create unexpected complications.
Although this show does not provide specific tax, legal, or financial advice, you can engage Devin or John through their individual firms.
📍Contact Devin's team at https://carrolladvisory.co/podcast1
📍Contact John's team at https://www.rossandshoalmire.com/
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Transcript
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| 0:00.0 | The Big Picture Retirement Show does not provide tax, legal, or financial advice. |
| 0:04.3 | Listeners are encouraged to seek out their own advisors in these areas. |
| 0:11.0 | Welcome to the Big Picture Retirement Show. |
| 0:13.0 | I'm your host, Evan, joined by my co-host, John Ross. |
| 0:16.6 | How did it. |
| 0:25.8 | Yeah. All right, John. |
| 0:30.9 | Today is part two C of the three parts to a perfect estate plan. |
| 0:32.8 | That sounds like a joke. |
| 0:33.8 | I know it does. |
| 0:39.3 | It sounds like someone has made this needlessly complex. But we haven't. Everything that we have covered has been critically necessary. And we have already been called out by some |
| 0:44.9 | listeners for saying, hey, you didn't talk about this. Right. If we did, I'm afraid we might have |
| 0:50.4 | a part two G. You know, it would still be going, right? |
| 0:54.8 | A.A. |
| 0:55.6 | Yes, right. |
| 0:57.0 | It'd be like a big Excel spreadsheet. |
| 0:59.2 | Right. |
| 1:00.5 | Well, and the whole point of this entire thing is to give you an overview, right? |
| 1:06.0 | Because in so many of these things, we have gone into detail. |
| 1:08.7 | We may have a whole hour-long episode on one little |
| 1:12.2 | tidbit of something we've talked about. So, you know, I would say if you heard something, |
| 1:17.6 | you're like, ooh, I wish I knew more about that or they skipped over this. You know, if you're, |
| 1:23.4 | if you're in big picture retirement.com or if you're on your favorite know, if you're in big picture retirement.com or if you're on your favorite |
... |
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