Why Millions Lose Their Money When They Die & How to Avoid It (w/ Allan Gibber) | KOSHER MONEY Ep 28

This is an important episode. Estate planning is the management of a person’s estate DURING a person's life in the event the person becomes incapacitated or dies. It’s not a whole lot of fun to think about, but one can save their family a whole lot of grief if they properly take care of merical directives, healthcare proxies, a will, a trust, HIPAA release forms and more. Fret not: there are people whose sole job is to help you with all of this. If you have questions/feedback to share on this weeks episode, please email koshermoney@livinglchaim.com * TIME STAMPS * 00:00 Intro 02:32 Who is Allan Gibber? 03:49 Is Estate Planning Just for the Rich? 07:57 Planning Wisely 10:10 The List of Items 11:20 Medical Directives, Healthcare Proxy & HIPAA Release Form 20:40 Aging Gracefully with Parents 22:50 Power of Attorney 29:30 Trusts & Wills 35:36 Updating & Storing Important Information 41:00 Sponsor 42:46 County & State Laws 48:20 Knowing How to Spot the Right Estate Planner 51:28 Fees of an Estate Planner 52:30 Allen Gibber’s Contact Info 53:30 Structuring Family Businesses & Equity Splits 1:00:30 Sponsor Message 1:02:15 Informing Family of Your Decisions 1:06:10 Turning a Secular Will into a Religious Will 1:27:00 An Important Parting Message 1:28:06 Outro * SPONSORS OF THIS EPISODE * • Colel Chabad: Get a FREE pushka (charity box) from this great non-profit helping feed Israel's neediest. Simply visit https://www.ColelChabad.org/Pushka & https://www.ColelChabad.org/KosherMoney to make a much-needed donation. • Approved Funding: Looking to purchase a home? Looking to refinance? You need to speak to Shmuel Shayowitz at https://www.ApprovedFunding.com/Mortg... to make sure you do it right. Tell him we say hi! To contact Allan, email AJG@NQGRG.com or call 410-332-8580. ✬ Donate and Inspire Millions (Tax-Deductible) ✬ Your generous donation enables us at Living Lchaim to share uplifting messages globally, enrich lives, and foster positive change worldwide! Thank you! 🙏 ➡️ https://www.livinglchaim.com/donate ____________________________________ Follow Kosher Money on social media: TikTok - https://www.tiktok.com/@koshermoneypod Instagram - https://www.instagram.com/koshermoneypod Follow Living Lchaim on social media: TikTok - https://www.tiktok.com/@livinglchaim Instagram - https://www.instagram.com/livinglchaim/ Facebook - https://www.facebook.com/livinglchaim LinkedIn - https://www.linkedin.com/company/living-lchaim ____________________________________ Free call-in-to-listen feature: 🇺🇸 USA: (605) 477-2100 🇬🇧 UK: 0333-366-0154 🇮🇱 ISRAEL: 079-579-5088 Need financial guidance? Get help from our awesome friends at https://LivingSmarterJewish.org/ WhatsApp us at 1-914-222-5513 - we love feedback, legit! For bonus content on our episodes, visit http://Mishpacha.com or pick up a new Mishpacha magazine weekly! Subscribe to our YouTube channel for more great content! :) Oh, and again: all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. #koshermoney #podcast #koshermoneypodcast #allangibber #estateplanning #money #lchaim #Livinglchaim #elilanger #jewish #yaakovlanger #jewishideas #torah #jewishmoney #kosher #finances #wills #Trusts #healthcareproxy #medicaldirectives #estate #gibber