Episode Summary:

Ruma Mazumdar, founder of Key Esquire, breaks down why having just a will isn't sufficient for comprehensive estate planning. Through real client stories and expert insights, this episode explores the essential components of a modern estate plan, common misconceptions about wills, and why millennials need to start planning earlier.

Key Timestamps:

00:01 - Introduction

00:07 - Why a will alone isn't enough

03:15 - Case study: First estate planning client experience

05:30 - Understanding probate in New Jersey

07:20 - The pitfalls of DIY estate planning

09:10 - Why estate plans need regular updates

10:15 - Millennial perspective on estate planning

11:00 - Real consequences of not having a plan

About The Show:

“Trust Issues” delivers practical insights on estate planning, wealth protection, and legacy building. Each episode provides actionable advice to help listeners make informed decisions about their financial future.