Estate Planning Myths — What You Think You Know (But Might Not)

Episode Summary: In this episode of When Family Matters Become Legal Matters, attorney Betsy Holton, founder of Holton Law Group, breaks down common estate planning myths that lead families astray. Betsy shares why estate planning is not just for the wealthy or elderly, the risks of relying on online templates, and how even modest families benefit from having proper documents in place. With practical advice on wills, powers of attorney, guardianship provisions, and avoiding probate headaches, Betsy explains how to protect loved ones and provide peace of mind through thoughtful planning. Key Timestamps: 00:01 – Show introduction 01:05 – Myth #1: Estate planning is only for the wealthy 04:10 – Myth #2: Estate planning is only about setting up a trust 07:02 – Myth #3: Estate planning is only for older people 09:15 – Why every adult over 18 should consider a plan 12:03 – How probate delays create stress for grieving families 14:28 – Why estate planning matters even without children 17:05 – The risks of DIY wills and online templates 21:45 – Why planning ahead reduces family stress and conflict 24:33 – How clients feel relief and peace of mind once a plan is in place About the Show: When Family Matters Become Legal Matters helps families navigate the critical legal steps to protect their future and legacy. Expert attorneys like Betsy Holton share practical strategies in estate planning, elder law, and special needs planning, making complex legal issues clear and manageable for families.