Ep 110: Estate Planning, Business Ownership And Beyond with Joel Cavanaugh (Part 2)

We are back with Joel Cavanaugh, partner at Hanna Rasnick Evanchan Palmisano Hobson & Fox LLC, for this episode. Joel handles a wide array of cases in estate planning and has a wealth of knowledge to share with us today. In part one of this two-part episode, we got to know more about Joel and talked about the ins and outs of running a business. In part two, Joel will answer your estate planning questions.  

 

Here’s some of what you’ll learn in this episode:

• The importance of having a will, a financial power of attorney, and a medical power of attorney.  (1:19)
• Joel breaks down the differences between a financial power of attorney and medical power of attorney. (5:28)
• Do I need a trust? (11:38)
• The differences between a revocable and irrevocable trust. (17:34)
• The importance of having an estate plan. (23:44)

 

Learn more about Joel: https://www.businessandconstructionattorneys.com/attorney/joel-d-cavanaugh/)

For more, visit us online: https://baschrock-fg.com/