Investing For Doctors Podcast
Welcome to the Investing For Doctors podcast. Here we talk about personal finances, investing, wealth creation, accounting, and personal development that will aid you in your life journey as a doctor.
Please note that the information provided in this podcast is for educational and entertainment purposes only. The content should not be considered as financial advice and your personal situations have not been taken into account. Before making any financial decisions, we strongly recommend consulting with the relevant professional(s).
Investing For Doctors Podcast
The Most Important Document in Your Estate Plan (That Isn’t Your Will) | Ep. 26
Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors
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In this episode, we’re joined once again by estate planning solicitor Tyrone Dutt, who returns to unpack one of the most overlooked risks in estate planning: what happens when you lose the ability to make decisions, but you’re still very much alive.
Tyrone explains why your Will can’t protect you in these situations, how enduring powers of attorney and guardianship actually function, and the serious legal and financial consequences of choosing the wrong person to act on your behalf.
We also cover what happens when assets are sold during incapacity, how estate plans can quietly unravel, and what doctors need to know to avoid family disputes and irreversible mistakes.
If you care about protecting your independence, your wishes, and your estate, make sure to listen to this episode!
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TIME STAMPS:
00:00 Hook/Intro
01:13 What happens when you're not quite dead but can't make decisions?
02:39 Testamentary Capacity
03:48 Capacity Check on a Client
05:18 Power of the Attorney
07:04 Temporary and Permanent Incapacity
11:58 Guardianship
14:53 Appointing the right people
22:34 Advance healthcare directives
27:32 Following Advance healthcare directives
29:25 Conflict in the Law
35:06 Estate planning should be tailored
37:30 Lifestyle wishes and financial wishes conflict
39:28 Guardianship tribunal
42:30 Capacity issue of the will
45:30 Conclusion/Outro
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SHOW NOTES LINKS
https://au.linkedin.com/in/mian-bi
https://au.linkedin.com/in/tyronedutt
https://www.facebook.com/3mpireLaw
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LISTEN TO THE PODCAST
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Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608
Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast
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FIND US HERE
Website: https://ifdgroup.com.au/
Facebook Group: https://www.facebook.com/groups/investingfordoctors
Facebook Page: https://www.facebook.com/investingfordoctors
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DISCLAIMER
The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.
