Robert Brokamp

speaker

4,411 appearances 40 recordings 3 series first heard Oct 2025 last heard 6d ago

Robert Brokamp’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 40 in all, peaking in Aug 2026 with 5.

Appearances

newest first · ▶ plays the moment

Motley Fool Hidden Gems Investing · Prepare to Pass on Your Possessions · 29 Aug 2026 podcast

Sometimes it's in an accompanying document, usually known as the personal property memorandum. matched

And part of this could be asking the people who you're going to leave stuff to, like your kids, like what of our items do you want? matched

And if there's a situation where like two or three kids want the same item, you work that out now, put it in your will so there's not a fight after you're gone. matched

All right, let's move on to one of the more complicated questions when it comes to estate planning. matched

And that is whether someone needs a trust. matched

So Stephanie, what do you see as the most compelling reasons to get a trust? matched

Yeah, and I'll just point out that if you're getting a trust that is going to increase the cost of your estate plan, that's why it's somewhat debatable because you generally don't want to pay for a trust if you don't need it. matched

But in many situations, it is the absolute right thing to have. matched

Um, a couple other benefits to highlight is that assets held in trust do bypass probate. matched

So that's a big benefit. matched

Um, and they're definitely worth considering if your heirs perhaps should. matched

inherit all their money all at once. matched

So maybe they have special needs and they can't handle the money, or the money that having it in trust protects them so that they can get some government benefits. matched

Maybe your heirs have addiction challenges, or maybe they just not don't have good financial habits, or maybe they're married to someone who doesn't have good financial habits. matched

So a trust is a way to have some control beyond the grave, as they say, and dictate how the money is managed and how it matched

will be distributed. matched

Right, so those are the estate planning essentials. matched

There's a lot more to talk about with all these documents, but again, you really should see a qualified attorney for doing that. matched

But now let's move on to an important document that should be a part of an estate plan, but I think it's often neglected. matched

In fact, even many attorneys don't bring this up. matched

Showing 381–400 of 4,411 · page 20 of 221