Episode Summary:

In this episode, Elissa Brewster introduces estate planning and explains why it’s essential for every family, not just the wealthy. She breaks down common misconceptions, highlights the risks of leaving assets unplanned, and shares how trusts, wills, and smart preparation can protect your loved ones from stress, conflict, and unnecessary legal battles.

Key Timestamps:

01:20 – Why Elissa expanded her practice into estate planning

03:00 – What estate planning really means (beyond the wealthy)

05:00 – Risks of not having a clear plan in place

07:20 – Misconceptions about wills, trusts, and “Google” research

09:30 – Real-life conflicts families face without planning

11:15 – How remarriages and blended families complicate inheritance

13:40 – Why trusts reduce burdens for grieving families

15:10 – Estate planning as a legacy for future generations

17:30 – How Elissa helps families create personalized plans

20:00 – The very first step to start estate planning

Red Flags with Elissa is a podcast dedicated to helping families spot the warning signs that can create stress, conflict, and costly mistakes when it comes to estate planning. Host Elissa Brewster, an experienced attorney, breaks down wills, trusts, probate, and family dynamics into clear, practical conversations. Each episode highlights the “red flags” to watch for—and the proactive steps you can take to protect your loved ones, your assets, and your legacy.