The Legacy Cast Podcast
The Legacy Cast by Kelley Legacy Law features founder Michael W. Kelley and focuses on helping families enhance their lives today and secure their futures tomorrow. The show provides valuable insights into estate planning, wills, trusts, and other legal matters that affect family legacies.
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Episodes
41 minutes ago
41 minutes ago
Episode Summary:
In this episode of The Legacy Cast, host Kevin Rosenquist and Michael W. Kelley discuss probate in Alabama, addressing common misconceptions and providing practical insights about estate planning. They explore various methods to avoid probate, the importance of proper trust funding, and potential pitfalls in estate planning decisions.
Key Timestamps:
00:01 - Show Introduction
00:30 - Definition of Probate
01:33 - Common Misconceptions about Probate
03:00 - Risks of Gifting Property Before Death
05:31 - Legal Ways to Pass Real Estate Outside of Probate in Alabama
07:24 - Living Trusts and Probate Avoidance
09:56 - First Steps for Estate Planning
11:29 - Assets That Bypass Probate
14:48 - Importance of Tailored Estate Planning
About the Show:
The Legacy Cast by Kelley Legacy Law features founder Michael W. Kelley and focuses on helping families enhance their lives today and secure their futures tomorrow. The show provides valuable insights into estate planning, probate, and legacy protection in Alabama.
Monday Apr 14, 2025
Monday Apr 14, 2025
Episode Summary:
In this episode of The Legacy Cast, host Kevin Rosenquist and Michael W. Kelley discuss kids protection planning - an essential aspect of estate planning for parents. They explore why it's more than just naming guardians in a will, covering temporary emergency guardians, healthcare agents, and detailed instructions for raising children. Michael shares important insights about common mistakes parents make and provides practical steps for getting started with kids protection planning.
Key Timestamps:
00:01 - Show Introduction
00:39 - What is Kids Protection Planning?
03:08 - Family Guardianship Misconceptions
05:03 - Free Online Guardian Nomination Resource
06:09 - College Students and Estate Planning
08:05 - Common Mistakes in Planning for Minor Children
10:19 - Ensuring Legally Binding Guardianship Decisions
11:57 - First Steps for Parents Starting to Plan
13:36 - Important Factors to Consider in Guardian Selection
About the Show:
The Legacy Cast by Kelley Legacy Law features founder Michael W. Kelley discussing various aspects of estate planning. The practice focuses on helping families enhance their lives today and secure their futures tomorrow, providing practical legal guidance for family protection and estate planning.
Monday Apr 07, 2025
Monday Apr 07, 2025
Episode Summary:
In this episode of The Legacy Cast, host Kevin Rosenquist and Michael W. Kelley discuss the crucial differences between wills and living wills, common misconceptions about estate planning, and the importance of professional legal guidance in creating estate plans. Michael shares valuable insights on why everyone needs proper estate planning and the potential consequences of dying without a will.
Key Timestamps:
00:06 - Introduction and episode overview
00:29 - Differences between wills and living wills explained
02:17 - Additional aspects of living wills and healthcare directives
03:22 - Common misconceptions about wills
05:48 - Why everyone needs an estate plan
07:10 - What happens when someone dies without a will
09:30 - How attorneys approach estate planning consultations
10:47 - Importance of professional legal counsel
13:57 - How often to review estate plans
15:22 - Handling complex family dynamics in estate planning
About The Show:
The Legacy Cast by Kelley Legacy Law features founder Michael W. Kelley and focuses on helping families enhance their lives today and secure their futures tomorrow. The show provides valuable insights into estate planning, wills, trusts, and other legal matters that affect family legacies.