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What is an Estate?

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What is an Estate? The RETURN of Hayden Soloway to the Elder Law Report is EPIC as the team discusses what an estate is. Do You Have An Estate?


Greg McIntyre:             Hi, this is Greg McIntyre with McIntyre Elder Law, and this is the Elder Law Report. The Elder Law Report is a show that we do every week. It comes out on Facebook and YouTube, and we send it out by e-newsletter. So if you want this, go to our website, mcelderlaw.com. That’s mcelderlaw.com, and sign up for the Elder Law Report. And I have back by popular demand, Hayden Soloway, the famous Hayden Soloway. Right? Homecoming queen, Hayden Soloway.

Hayden Soloway:          Oh, Greg.

Greg McIntyre:             That’s who’s in the house today, radio star Hayden Soloway. We’re going to talk about what is an estate. We’re going to define what an estate is, so Brenton, myself and Hayden, we’re going to talk about what is an estate. And when I think of an estate, I think of… (music)I want to cross my legs when I think of estate, and I want to smoke a pipe. That’s right. Don’t you?

Hayden Soloway:          Yes.

Greg McIntyre:             That’s what I want to do.

Hayden Soloway:          Lovely home-

Greg McIntyre:             Yes.

Hayden Soloway:          And beautiful grounds.

Greg McIntyre:             Can you please go fetch the dogs?

Hayden Soloway:          Yes, and the Mercedes.

Greg McIntyre:             Yes.

Brenton Begley:            Jeeves.

Hayden Soloway:          This and this is actually one of the definitions is for just this.

Greg McIntyre:             Do you have any Grey Poupon?

Hayden Soloway:          I do.

Greg McIntyre:             Can we say Grey Poupon?

Hayden Soloway:          Yeah.

Greg McIntyre:             Okay. I don’t want to get in trouble for saying Grey Poupon.

Brenton Begley:            It rolls off the tongue.

Greg McIntyre:             I mean, perhaps you don’t have any Grey Poupon. And perhaps you don’t fetch the dogs or have-

Brenton Begley:            A butler named Jeeves.

Greg McIntyre:             A butler names Jeeves, and a house in the Hamptons, right? Nothing against people who do-

Hayden Soloway:          Oh, no.

Greg McIntyre:             Right, nothing against people who do. However, I think there’s a misconception out there about what is an estate, right? I’m going to keep playing the song throughout, while we’re talking.

Hayden Soloway:          Can we do a little maybe…

Greg McIntyre:             We can quiet it down a [crosstalk 00:02:09].

Hayden Soloway:          George Strait or something.

Greg McIntyre:             Yes, that’s a good point.

Hayden Soloway:          something a little bit more mainstream.

Greg McIntyre:             Mainstream? I think I might get in trouble for copyrighting. I don’t think I’m going to get in trouble for copyright [crosstalk 00:02:22]. Straight up. I’m such an attorney, I’m scared to get sued.

Hayden Soloway:          Something that represents an estate maybe a little more like this. A little two bedroom, one bath house….

Greg McIntyre:             So that’s what most people have, is… most of us have normal lives, right?

Hayden Soloway:          Just [inaudible 00:02:41] rental property…

Greg McIntyre:             We know all about rental property, that could be rental property? And now, Brenton before, when we were pre-gaming the show, we were talking about it, you made a great point about most lawyers.

Brenton Begley:            Yeah, they say that 95% of lawyers represent 1% of the people, right?

Hayden Soloway:          Yeah.

Brenton Begley:            And the context in which we were talking about that is that, you have wealthy individuals, right?

Greg McIntyre:             Right.

Brenton Begley:            People who you think would have an estate, they have all that free legal advice, or discounted legal advice. Because we’re just knocking down their doors to give them help right?

Greg McIntyre:             Sure. [crosstalk 00:03:25]

Brenton Begley:            Yeah, tax breaks, or asset protection-

Hayden Soloway:          You’re probably getting those random phone calls, at 9 o’clock at night, “Come in and see attorney Joseph and do your business with me because we know you want to protect your property…”

Brenton Begley:            Exactly.

Hayden Soloway:          But when you get to when you get to real life-

Greg McIntyre:             Right.

Hayden Soloway:          That you’re not pursued and perhaps the perception is of this being an estate as opposed to your own property, which is probably more valuable to you.

Greg McIntyre:             I think there’s a misconception that the estate and estate planning, is for the rich.

Hayden Soloway:          Yeah. I think that’s-

Brenton Begley:            Mm-hmm (affirmative).

Greg McIntyre:             Then why do I need to do anything, right? Why do I need to do anything with what I have, when… really, I talk about middle-class guilt a lot and I talk about the middle class getting hammered in this country. And we are a law firm of the people, we are working for everyone. Not that we don’t have wealthy clients, we do. And we have nothing against that. I’m fully, all in favor, of somebody being able to make their fortune. However, we also provide estate planning for everybody in between, right, for all spectrums-

Hayden Soloway:          And all ages.

Greg McIntyre:             Yeah, and it’s affordable. People don’t understand that… or how about I see people get jammed up or in frustrating situations for the family, because they have worked their whole life to get a house or some monies and savings.

Hayden Soloway:          Making payments for 30 years.

Greg McIntyre:             Yeah making payments for 30 years, paying the bank back three times as much as they bought the house for on the mortgage.

Brenton Begley:            Right, exactly.

Hayden Soloway:          And that’s not far off the statistic.

Greg McIntyre:             That’s about correct. And when they do that, sometimes lose it all in the end because of liens, or longterm care situations, because they didn’t properly manage or do any estate planning ahead of time, or thought it was unavailable to them because they weren’t the one percent.

Brenton Begley:            Yeah.

Hayden Soloway:          Think about how much they pay for insurance. Fire insurance, flood insurance, and things like this. Over a period of years, I don’t know how much insurance runs a year, I’m fortunate my husband-

Greg McIntyre:             Its not cheap.

Hayden Soloway:          -Pays our bill. And where you can protect your home or others-

Greg McIntyre:             I should have been in insurance.

Hayden Soloway:          And all these other casualties in catastrophes with a one time visit with an attorney, doing this, the estate work necessary and then its done. You don’t pay every month.

Brenton Begley:            You know, the misconception that estate planning is for rich people, right, is dangerous because if a rich person fails to do some planning, they usually have enough wealth to where they can transfer something, do their heirs the next generation, right. Where they can benefit from it. But for normal individuals, in the middle class, they work all their lives to save something so that they can give that to the next generation. Right. And those assets can be taken very, very easily in a lot of different ways. I mean, the cost of longterm care one is probably one of the biggest risks out there. Individuals like you and I face. So that’s.

Greg McIntyre:             And that’s probably part of the dilemma and the knock on long term care insurance sometimes is it’s just out of reach. As far as affordability. They don’t feel like they can budget.

Brenton Begley:            Right.

Greg McIntyre:             So you don’t, and then you wind up in a situation where you’re, you’re scared, you’re going to lose the house or not be able to pass that on or, lose all the retirement. Those are tough situations. That’s really what we’re sub set up to do is to help people permit that.

Hayden Soloway:          Well, they are people we sub set up, rather than establish a dynasty.

Greg McIntyre:             How do you like the ON AIR sign by the way.

Hayden Soloway:          I absolutely love that.

Greg McIntyre:             That is false.

Hayden Soloway:          Yes.

Greg McIntyre:             Okay. You go ahead and I’m going to, I might, I’m going to turn it.

Greg McIntyre:             Yeah. When you talk, when you spit fire like that, I got to.

Hayden Soloway:          I grew up where, one my grandfather left and then here with this, my father, my father grew it a little, left an inheritance to his children, that’s a lot of people want to do it that way but they’re families and I know a mom said one family, two families. I think did very well, there’s picking it all. They carry your children, I’m giving you a good education. Go out and get a job.

Greg McIntyre:             Heres the middle class guild that I’m talking about, here’s what I’m talking about. Is it’s this thing that’s ingrained in us, from somewhere. It’s either from our parents or the environment or it’s just there. It’s, and I hear this, we’re going to spin down every dime we’ve ever made because we’re proud and we’re going to do that because that’s what we need to do.

Greg McIntyre:             Do you think that wealthy people think that way?

Hayden Soloway:          Sometimes.

Greg McIntyre:             Sometimes?

Hayden Soloway:          I don’t know if it’s Bill Gates or several of the multi billi-

Greg McIntyre:             Look at my wife coming in. Get a shot of her.

Hayden Soloway:          God, what.

Greg McIntyre:             The Queen of [inaudible]. Lets bring her, I’m bringing her in. Hey Steff, Steff, yeah come in this way.

Hayden Soloway:          Just to finish our point, there are billionaires who are not leaving a significant amount of their money to their children. They made their money and they want to incentivize their children to go into work. [Crosstalk 00:08:38]

Greg McIntyre:             Thank you for coming in today.

Steff:                            Hey, yeah sure.

Greg McIntyre:             Steff’s visiting us today. Yes.

Steff:                            Hey good morning guys, I missed you [crosstalk 00:08:49].

Greg McIntyre:             She’s coming in to, Steff are you doing the books today?

Steff:                            I am.

Greg McIntyre:             Is that what you’re working on?

Steff:                            Yes.

Greg McIntyre:             Well, thank you for coming. I appreciate it. You’re doing a great tern-around.

Steff:                            Sure, is this live?

Greg McIntyre:             It is live.

Steff:                            Oh hey

Hayden Soloway:          What do you think Steff? What’s an estate?

Steff:                            Oh wow, that’s a big question for just walking in the door.

Hayden Soloway:          Do you have one?

Greg McIntyre:             Do you have an estate?

Steff:                            Yes.

Hayden Soloway:          What is your estate?

Steff:                            My home, my assets, cars, bank accounts, investment accounts.

Hayden Soloway:          If heaven forbid we passed, is our estate taken care of?

Steff:                            Yes. Yeah. We have the plan.

Greg McIntyre:             We’ve got a client, because we signed the plan, Brenton actually drafted our estate plan.

Steff:                            Yes.

Greg McIntyre:             How did it feel after you signed that estate plan?

Steff:                            Good. It felt like, its always good to have a plan in place. It gives you this sense of peace.

Greg McIntyre:             To me it was like a weight lifted off my shoulders, that’s taken care of. That is really taken care of. I mean we have people that sometimes are so anxious and worried. I mean literally I have people, I don’t know if you sat down with some of your clients, Brenton, but then say, “I’ve been up at night worrying about that.”

Brenton Begley:            Oh please, yeah.

Greg McIntyre:             That’s, I hear that a lot. “I’ve been up at night really worried about things”. By the end its “thank you so much. I’m so glad we’ve gotten this or getting this taken care of. I’ve been up at night, I’ve been so worried about this.” Right.

Brenton Begley:            Right. So I mean yeah, that’s the peace of mind that you have when you know that at the end of the day your assets are being protected. Right? I mean it’s a big deal too because we’re talking about estate, you mean assets in general [crosstalk 00:10:38]. [inaudible 00:10:36]

Greg McIntyre:             This stuff on how estates, estates during life versus in death.

Brenton Begley:            Okay.

Greg McIntyre:             Right. Because that factors in and relates to estate planning versus permit. I’ve got to [inaudible 00:10:52] I’m going to the toilet.

Brenton Begley:            So just to finish up, saving assets in general is a good thing for the next generation, but it’s not all about leaving an inheritance. Sometimes it’s, Hey, look, I don’t think it’s right that I should give everything that I worked hard for to the government or to some facility that for no real good reason is charging the amount that they charge, right. So, but I mean, kind of going into what Greg mentioned, here’s your estate while you’re living, right, and your estate when you pass away. Okay. And those two things aren’t really any different. I think what a lot of people don’t understand is that a lot of people think that you don’t have an estate until you die, That only happens right when you’re dead.

Hayden Soloway:          And did they not realize the possibility but lawsuit or something like that can devastate an estate. Just a raw, a bad wreck, in a bad place, it can be severe.

Brenton Begley:            Right? And so when we talk about estate planning, we’re talking about more than what happens after you pass away. We’re talking about protection of assets during your life and after your life.

Hayden Soloway:          Some people don’t realize what can happen. Should they become totally disabled and need nursing care. I think they all think that their Medicare is going to, or Medicare and Medicaid are going to pay for their expenses and a lot of people think, Oh well I’m going to hit, they’re going to take my house. And they think that’s automatic, where you say you had just enough education to understand that we can protect the house and you can have the money that you need to go into nursing home. Once your your property’s protect and say, what’s the saying, have your money and then eat it too? Or.

Brenton Begley:            Have your cake and eat it too, that’s right, yeah. If you want to eat money, you can do that. That’s [inaudible 00:12:50] the thing is to say, I mean you can get Medicaid to pay for your long term care. That is an option. There’s other options out there and you can save more than just the home too. It depends on when you plan. Right. I mean, [crosstalk 00:13:03]

Hayden Soloway:          I think the 1960s era, of Jaguar everywhere.

Brenton Begley:            Yeah, absolutely, you have to give up the jag. Yeah. The gold coins, any of that, all of that. That can absolutely be protected. The risks that you face when it comes to paying for longterm care because they can cost anywhere from $5,000 to $10,000 a month, hundreds of thousands of dollars a year, right? And that doesn’t count all the other medical costs that you have up to that point. You know, a couple that’s 65 years old or older. All right. Retirement age, they’re expected to spend, both of them, $300,000 in medical expenses. Now, that doesn’t necessarily count longterm care. Those are unreimbursed medical expenses.

Hayden Soloway:          I have a friend who, within the past 30 days, she and her husband had to go into a longterm care facility and it’s one of these, it’s flexible. You can move from one level to another. Well, they are at the beginning level where they are both confident they can take care of each other. So they have their meals in there. It’s a beautiful place. It’s $3,000 a month. I mean, he becomes, he’s a paraplegic. He gets to the point where he needs more care than she could give him. They, move to the next level, and let’s just estimate that it’s another $3,000 a month. But when you get to the Alzheimer’s units, the locked units, they can be $100,000 a year without question.

Brenton Begley:            Oh yeah.

Hayden Soloway:          And so right now they’re paying $36,000 a year just to live there. And just to make, essentially, where are you going to get the money? It’s going to come out of your estate, you’ll want to protect it. Then you go on Medicare and I mean, excuse me, on Medicaid and Medicaid can pay for it once your assets are gone. So we want to protect the assets. So that you go straight to the Medicaid.

Brenton Begley:            Right, that middle-class guilt that Greg was talking about is a lot of people think themselves, well, I have this money. I might as well use it to pay for longterm care because I don’t want anyone else to pay for me. You know, I don’t want to be on anyone else dime. But the reality is, is that you pay for Medicaid. We all pay for Medicaid. Every time you got a check, a little right. A little part of that goes towards Medicaid. So I mean, the thing is that mindset is toxic for individuals who want to save their assets because Medicaid is not living off someone else’s dime.

Greg McIntyre:             So we’re having that debate and that discussion about the viability of using Medicaid for longterm care plans [crosstalk 00:15:39] and whether the ethics of doing it, okay, and that’s very political. You’re a very political person. Hey, so there’s some political aspects to that, right?

Brenton Begley:            Yes.

Hayden Soloway:          Yes, such as.

Greg McIntyre:             So yeah. [crosstalk 00:15:56].

Hayden Soloway:          So I’ve worked and paid taxes and.

Greg McIntyre:             Hey, hey you know what? My grandfather, who passed away with nothing, had that exact same mentality and worked his whole life to get a small farm house and worked everybody else’s land, and paid the government. Why Was this country founded?

Hayden Soloway:          It was actually, it was founded on a religious [inaudible 00:16:20] basis. And when they found out that the people who didn’t work caused the people who do work to not work as hard ,and thousands of them died they realized they needed to take all of the

Greg McIntyre:             I don’t know about that. Here’s what I would say. I’m not saying you’re wrong. How about, how about this, it was a revolt against British charity. And what was the charity?

Hayden Soloway:          It was taxation.

Greg McIntyre:             It was taxation. It was taxes man, it was the whole thing was over control and taxation without representation, right? So the people were overtaxed, they couldn’t keep their money. Right? Part of the reasons this, part of the founding, written into the constitution kind of , fabric of our country is that you can obtain property during your life. You can own property, you can own money, right? You don’t have to be a noble to own land and you can pass that land. You don’t have to be the 1%, you don’t have to have a estate like that to own land. You can be anyone at all [crosstalk 00:17:22] and then pass that on to your kids.

Hayden Soloway:          Self Sufficiency and self responsibility.

Greg McIntyre:             If you look at history and the Boston tea party and the things leading up to the American revolution, it was all about taxation without representation. And the fact that the common man like Ben Franklin who could be self educated, right? People like that deserve to own property and were on par. And we’re the same as getting one with livability, the same as the 1% in the world of this country. And estate planning, be there to hold on to property and give that away when you pass away, it’s fundamental to our core.

Brenton Begley:            and you know what can ruin an economy is when each generation has to start over from zero, sir. Nothing. That’s how you ruin an economy. Yeah. I mean, look at any country that has a [crosstalk 00:18:18] traditional wealth, the smooth transition of wealth from generation to generation ensures stability and stability ensures a good economy.

Greg McIntyre:             Sure.

Brenton Begley:            I mean.

Greg McIntyre:             and to your point, to independence, we want families to be independent. Should your kids always have to take out student loans and have hundreds of thousands in debt every generation or to the home that you bought and you pass on, that you didn’t lose when you had to go to a nursing home and Medicaid had to pay because that paid for a grandchild’s college. Right. And they might be able to escape some of that debt. And I don’t think we should be in this debt mentality economy.

Brenton Begley:            Well, you bring up a good point too, because there’s this bubble, right? That student loan debt, we’re in debt trillion dollars, right?

Greg McIntyre:             [crosstalk 00:19:08] that housing bubble that burst in 2008 and put the world in this economy.

Brenton Begley:            there’s two that are going on right now. The two big bubbles, right? The longterm care bubble that no one’s talking about. People who are losing assets because guess what? We’re aging as a nation, right?

Greg McIntyre:             Sure.

Brenton Begley:            Baby boomer generation has gotten past that retirement age, the next generation after that, that was a large generation too. I mean we have that silver tsunami coming and we have not planned for it. Just like we hadn’t planned for student loans. So if we have all these people losing assets, they’re not going to transfer it to the next generation who has trillions of dollars in student loans. What’s going to happen to our economy? I mean, so it’s fundamental not only for you personally to have an estate plan in place, but it’s fundamental for everyone in the United States to have that plan to make sure we have a stable transition of wealth and make sure the economy runs the way it should.

Hayden Soloway:          Right.

Greg McIntyre:             I just think.

Hayden Soloway:          I never really thought about it like that.

Greg McIntyre:             People like you, you are so political. You do such a great job at what you do and I respect that. I also, I just think people deserve to be able to protect what they have during their life and what they worked so hard for. Because you did give so much to the government during your life that’s taken out of every paycheck. You should be able to hold on to some things and you do pay for that Medicaid benefit during your entire life. That’s what you do, right?

Hayden Soloway:          [crosstalk 00:20:41] We talk about Medicaid as the owner of the most wrecks committed in one year by anyone, even

Greg McIntyre:             Even North Carolina.

Hayden Soloway:          Even North Carolina,

Greg McIntyre:             [inaudible 00:20:49] [crosstalk 00:00:20:53].

Hayden Soloway:          Well,

Greg McIntyre:             Tiffany was talking about art. Tiffany or Taylor were talking about some of the wrecks they’ve in been with you when they were going to signings.

Hayden Soloway:          Just one.

Greg McIntyre:             Just one?

Hayden Soloway:          Just one. We were coming back in from via Seattle. (laughter)I didn’t haver anything to do with it. Anyway,

Greg McIntyre:             Its nice [inaudible 00:21:06].

Hayden Soloway:          And one of those wrecks was all that did some serious injury that could’ve been a catastrophe that I may not have been able to avoid had I not known you, [crosstalk 00:21:17]

Greg McIntyre:             Brent was bringing up estate planning, proper estate planning trust, things like that can shield assets from liability. Minimum limits, car insurance in North Carolina, anybody know what it is? 3,800 so 30-60. 30,000 for an individual, 60,000 for all. I have a family of eight. If we were all in that Honda Pilot sitting right there and some bad car, I mean there would be some big bills if we were all seriously hurt or worse.

Hayden Soloway:          And lawsuits, liability.

Greg McIntyre:             So that, so that insurance, if you had a 30-60 plan, I guarantee a $60,000 is not going to cover all those medical bills for me, my wife and our six children.

Hayden Soloway:          So again, if I were the [inaudible 00:22:03] responsible. [crosstalk 00:22:03].

Greg McIntyre:             What’s the first one your attorneys coming at? They’re coming after your personal assets. They’re coming after your retirement.

Hayden Soloway:          Your home.

Greg McIntyre:             They come after your home.

Hayden Soloway:          Your car, whatever you got

Greg McIntyre:             It’s all on the table, That’s right. So how do we forbid that? Our suppliers demand that.

Hayden Soloway:          Really, really just plan ahead, I mean, trusts are a great,

Greg McIntyre:             sure.

Hayden Soloway:          I personally love a trust just because of how flexible that they can be. Right. So one thing that we use to protect assets is a trust and they protect assets, not only if you get sued in the future. You don’t want to put assets in the trust after you’ve gotten sued. You know, [crosstalk 00:22:42]

Greg McIntyre:             That’s why I don’t like putting a car in the trust fund with other property.

Hayden Soloway:          Why is that?

Greg McIntyre:             Well, okay, so let’s say I want to separate my home in other months, from other monies from the car that might have the wreck and hit something and hit a car load full of eight people. If that liability is there remote, the trust is to help stop that extinction of liability to recover assets. If we put the car inside of the trust with the other assets, then it’s in that snow globe environment with them and that’s all tape still, right. So I just think putting a deadly weapon, [crosstalk 00:23:18].

Hayden Soloway:          And another thing.

Greg McIntyre:             putting a deadly weapon and something that really has a ton of liability attached here with the other assets is a dangerous thing.

Brenton Begley:            A few of the other assets are a [crosstalk 00:23:35] idea. Yeah. Well, yeah, I mean that’s the thing is a trust can cover a plan, I mean, not only getting sued, but planning to longterm care, planning for medical debt, just paying old medical debt. Right? I mean, you inherit that in North Carolina, right? Dr necessary is old antiquated. Don, doctor [crosstalk 00:23:45]

Greg McIntyre:             as a spouse, I could be on the hook for

Brenton Begley:            Exactly.

Greg McIntyre:             your spouses medical bills as well as nursing. [crosstalk 00:23:54].

Brenton Begley:            That person.

Greg McIntyre:             that debt you might owe the state of North Carolina for a Medicaid debt or something like that. You can think you [inaudible 00:24:01] for that person and then all of a sudden you find out can attach to yourself or your estate when you pass away.

Brenton Begley:            That’s right.

Greg McIntyre:             So protect the home, Ladybird deeds, trusts, those things. All elements that are designed to protect the common man woman and protect your assets.

Hayden Soloway:          One thing that I wanted to ask is there are right ways and wrong ways to do things and I know we have run across clients who have had [crosstalk 00:24:25]

Greg McIntyre:             I know there’s a colleague in Eugene from WCC, Charlotte Tanisha. Every once in a while they’ll look at the camera and smile. Okay, so they’ll be talking, right. We’re talking look at each other. Then every once in a while, that must be training in journal or Anchor school, or something. Or TV school.

Brenton Begley:            They have that?

Greg McIntyre:             Yeah, in TV school and you learn to look at the camera and smile.

Hayden Soloway:          maybe if I just positioned myself in this way, because I’m usually [crosstalk 00:24:54].

Hayden Soloway:          Well what are the things, that you could do things the wrong way without guidance as in some of the clients that we have had who have put their homes into their children’s names and they may have protected the home but their children don’t get sold it and left with nothing. So there are ways to protect the property its also to protect your interest in that property as well, so.

Brenton Begley:            That’s such a good point. Over exploitation is a real thing. I mean it happens all the time and I mean we see it, we see it all the time and we help try to protect against that. So empowering individuals with the right tools to protect themselves because [crosstalk 00:25:32].

Greg McIntyre:             How about employing right people to take care of everyone in your property if something happens.

Brenton Begley:            That’s right.

Greg McIntyre:             Just to get estate planning earlier on. with foundational docs. So the general journal, arbitrary healthcare power of attorney, living wills, those are the four. And even we could look at more complicated things like trust. Is it snowing outside?

Brenton Begley:            It looks to be,

Greg McIntyre:             it is snowing outside

Hayden Soloway:          It is.

Speaker 5:                    It is snowing

Hayden Soloway:          Wait, I don’t know where you live [crosstalk 00:25:53], but around here there’s a little bit of smoke can create a great deal of excitement.

Speaker 5:                    You see it a little bit. Yes.

Brenton Begley:            And liability.

Speaker 5:                    We’ll talk about car wrecks.

Greg McIntyre:             I mean, some people, if you are out on the roads today, give me a call. (704) 749-9244 in all seriousness, man, what a great topic, great topic Taylor. I’ll give Taylor Shelton our office credit cause she says, I never give her any credit and I steal her ideas. She had the idea of talking about “What is an estate”, because a lot of people don’t know. An estate is what you have during your life while you’re alive, but also, when you pass away. So to probate an estate, nothing is better… than having a good estate plan during your life to avoid a bad experience when you pass away. Protect your property from Leins when you pass away. Hey, you guys did a great job this morning. Thank you. I’ve missed the overall report.

Hayden Soloway:          Me too.

Greg McIntyre:             and I’ve missed doing the show with you. [crosstalk 00:27:07]

Greg McIntyre:             Yeah. So, to cover that. We’ve got, I’ve got the table, I’ve got the podcast tables set up right.

Hayden Soloway:          and the ON AIR sign.

Greg McIntyre:             And the ON AIR sign, and I just want to get back to basics, keep that going.

Hayden Soloway:          So there’s so much to say.

Greg McIntyre:             there’s so much to say. that’s kind of where we started when you started out writing blogs and do the other wall report every week. Then doing the radio show, kind of miss the radio show too.

Hayden Soloway:          Me too. Of course I’ve seen you on TV. You’re getting to be a household name.

Greg McIntyre:             Those are really short clips, on TV, like a four minute or five minute job [crosstalk 00:27:45]. I like long form a little better. So how about there’s a place for both, but long form, let’s just talk and get more than in depth on subjects. We can talk for another 30 minutes.

Hayden Soloway:          If you’d done a TV show, We’d probably be a little more rehearsed and more notes and things like that, this is kind of an around the table discussions. Kind of share it with people things [crosstalk 00:28:02]

Brenton Begley:            I don’t know it will end up being more organized because we have a, yeah, we have a lot of spitball type conversation and that’s the way to really do it. I mean that’s my favorite consultations. Those are the ones that have no format, right? People ask me questions, we jump around from topic to topic. That’s how you learn, right?

Greg McIntyre:             You learn and then, and then we have tools and experience to format that or put that into a nice plan for you or give you some nice options. So, Hey, if you have any questions about estate planning, organizing your assets, protecting them from Leins, paying for long term care, out of pocket with longterm care insurance or you know, the Medicaid option. Give us a call at McIntyre Elder Law. You can call us by calling our main number. It’s (704) 749-9244 or you, in addition, I will direct you to our website. It’s a time, there’s a wealth of knowledge. They’re both writing in blogs, research, Elder Law TV, Elder Law radio. You can find all that there. That’s MCelderlaw.com M in Mike, C as in Charlie and then elderlaw.com like McIntyre, right? So mcelderlaw.com and you can look at our estate planning pages, but really I’d love you to sign up for that.e-newsletter.

Greg McIntyre:             The elder law report is the way you get really, really awesome information like we’re talking about today. We don’t all have the same point of view on this show or in this office. We all have different political points of view. We all have different things that feed in. But I think we forced each other to look at things in different ways, which IS beneficial and we can talk, unlike politics today, I’ve always wanted to do a political setting.

Brenton Begley:            You know that’s right.

Greg McIntyre:             I mean, I’ll, if I’m in a political show, it will be the number one show in the world. Okay. In the world,

Hayden Soloway:          It would.

Greg McIntyre:             I would probably, I might not say [crosstalk 00:30:07] who’s that guy they pulled off YouTube or whatever? Alex Jones. Right.

Hayden Soloway:          Yes.

Greg McIntyre:             I don’t know if my show would stay on [crosstalk 00:30:10].

Hayden Soloway:          They banned him [crosstalk 00:30:07].

Greg McIntyre:             I would be banned, for multiple reasons. But here, we keep it PC and we keep it within line, but we have a lot of good discussions. So anyway, I appreciate it. [crosstalk 00:30:18] Yeah. If you want to do a political side. Oh, okay. It would be cause I would shout, you know, I would throw out some challenging questions.

Hayden Soloway:          Of course you would.It’d be fun.

Greg McIntyre:             It’d be fun.

Hayden Soloway:          I’m prepared.

Greg McIntyre:             And feisty.

Hayden Soloway:          I’m prepared.

Greg McIntyre:             I know.

Hayden Soloway:          It would be different. I mean this is really off the cuff. It’s spontaneous. None of this. We came up with a general plan and one idea, maybe three or four basic things we wanted to discuss and then we expand on it from there. If we had a political show, we would have much more organized notes written. At least I would. We’ll do one one day.

Greg McIntyre:             [crosstalk 00:30:54] is killing it on his review show. You ever listen to [crosstalk 00:30:57] ? I.

Hayden Soloway:          I think I do occasionally.

Greg McIntyre:             I Don’t think you really organize the plans. I think he just [crosstalk 00:31:01] Oh God. Oh God. Sorry. I’m not with her.

Hayden Soloway:          No he said so.

Greg McIntyre:             I’m just kidding.

Hayden Soloway:          He ran a good campaign

Greg McIntyre:             Right, right.

Hayden Soloway:          He had good ideas. An he announced [crosstalk 00:31:15]

Greg McIntyre:             Sure.

Hayden Soloway:          From a point of view a Republican would take ,he had really a good,

Greg McIntyre:             Do you think it was in the bag?

Hayden Soloway:          I think so.

Greg McIntyre:             He didn’t think [inaudible 00:31:28] was going to be such a contender. [crosstalk 00:31:28]

Hayden Soloway:          But he said that himself [crosstalk 00:31:29] and he said he was considering running for office again. I think possibly Senate.

Greg McIntyre:             He’s talked about that. He’s talked about [crosstalk 00:31:35]

Hayden Soloway:          So we’ll probably see him in another. [inaudible 00:31:42]

Greg McIntyre:             I mean isn’t that true? Like the political realm or anything? How, see all of everything relates back to estate planning.

Hayden Soloway:          I want to see where this goes.

Greg McIntyre:             The organized plan wins.

Hayden Soloway:          Yes.

Greg McIntyre:             The person who plans, the person who has the defined goal, the person who …maps out their plan for success will achieve their goals, he who adheres to that plan wins, every single time. Okay. In politics or in life or in estate planning and probate. Right. So its important to plan, so right now this episode is brought to you by [inaudible 00:32:22] (laughter).

Greg McIntyre:             Who would tell you? Planning is extremely important. I didn’t say that about Hayden. So anyway, thank you.

Hayden Soloway:          He’s a good guy.

Greg McIntyre:             He’s a great guy.

Hayden Soloway:          Whether you’re a Democrat or a Republican [crosstalk 00:32:35].

Greg McIntyre:             Yeah, Democrats and or both.

Hayden Soloway:          He’s the one to listen to.

Greg McIntyre:             Sure, sure. Anyway, thanks for listening guys and watching and we’ll be back. So I’m going to try to persuade Hayden to come back. I don’t know if you want Hayden to come back. Give me a thumbs up or a shout out in the comments. Okay. Cause I’m miss her. Anyway, have a good day. Goodbye.

 

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