Why Suze Orman, among others, are dead wrong about Estate Planning

I'm not sure if it's a part of the brain that tells someone ' I have to tell everyone everything I know and everything I think I know.' That is the case with this misleading part of Suze Orman's new book (Money and something, I can't seem to recall) it's on page 175 in case someone is questioning what I'm talking about.

First off, I'm not sure when she received her J.D., pass a bar exam, practice law, created an estate planning system to protect a family's assets, but it seems someone of her persuasion should know better. It's bad enough I've seen financial advisors (whom I respect) have clients that actually show me their 'Medical Power of Attorney' that was provided to them from their advisor. And if you didn't catch this part, financial advisors should never be in the business of providing legally binding documents or attempting to quote prices just because (well Jimmy down the street sells them for xzy.')

And I know we all have 'bad apples' in our groups, but this is not just misleading, the consequences could make sure a loved one doesn't get the proper medical advice or worse yet, access to medical documents 'when they need it.' I'll get to that a little bit,

2ndly, she actually states 'there are 3 main estate planning documents' which is the worse legal estate planning advice an estate planning attorney could make (and many of you who are clients know about our '20 Minute Emergency Estate Planning Blueprint'tm that I created so you are empowered with this knowledge and should pass it on, I digress) let alone a financial advisor with a large audience.

Here is the key, There are at least '5 Critical Documents' Will, Trust, VIP financial power of attorney, Medical Healthcare Power of Attorney, and the only form that can actually save your life 'Life-Saving Medical Release Document', if you have small kids, you need to go above and beyond just naming 'guardians/conservators' we created a program called 'Emergency Child Protection Program'tm to name emergency responders and temporary guardians, not to mention a whole planning kit to describe how your kids should be raised when you are gone.

I don't think I read ANY OF THAT, in the alleged guru's book, in fact I know it's not there.

Like the sign says 'Read at your own risk'

To your health and wellness!

Joseph J. Dadich Expert Author/Attorney/CPA

Creator '20 Minute Emergency Estate Planning Blueprint'tm

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