• Maria Firefield: Navigating Wills, Trusts, and Beneficiaries with Legal Expert Maria Firefield

  • Sep 30 2024
  • Length: 42 mins
  • Podcast

Maria Firefield: Navigating Wills, Trusts, and Beneficiaries with Legal Expert Maria Firefield

  • Summary

  • Is your lack of confidence holding you back in business and personal life?

    On this unique episode of Happy Business Radio, we explore ambition, wisdom, dreams, growth, peace, and confidence in a way you've never heard before—by reading impactful lines both forwards and backwards.

    Gain fresh insights and challenge your perspective as you discover how these traits are pivotal for success in networking, business growth, and personal advancement.

    We also take a moment to acknowledge and appreciate our global audience.

    Our special guest, Maria Firefield, a seasoned lawyer specialising in wills and estates, joins us for an invigorating conversation about the power of forward-thinking for senior citizens.

    We discuss how asking elderly individuals about their future can reignite their enthusiasm for life.

    Maria provides invaluable advice on the complexities of drafting a legally sound will, including the critical importance of maintaining proper signature protocols.

    We also discuss the necessity of high-quality standards in business, and how aiming for excellence can establish your brand as an industry leader.

    In the latter part of our discussion, we tackle the sensitive issue of managing inheritance for beneficiaries with challenges such as addiction or mental health problems.

    Maria offers practical solutions to ensure that the estate benefits the intended individuals without being wasted.

    We also explore the vital responsibilities of executors and trustees, emphasising their fiduciary duty to manage funds in the best interests of the beneficiaries.

    This episode is packed with essential information for anyone interested in business growth, legal advice, and personal development.

    Tune in and be sure to share this episode with your network!

    Chapter Summaries

    (00:11) Business and Legal Advice on Podcast

    Peter shares motivational wisdom on ambition, confidence, and growth before discussing wills and estates with lawyer Maria Firefield.

    (12:27) Importance of Proper Will Preparation

    Planning for the future, setting high standards in business, and legal insights on wills and estates.

    (23:48) Family Inheritance and Legal Considerations

    Perseverance, continuous improvement, and estate planning are discussed with lawyer Maria Firefield from Perth, Western Australia.

    (36:17) Understanding Executor and Trustee Responsibilities

    Proper witnessing, executor duties, and seeking professional advice are crucial for executing and managing legal documents and estate funds.

    CREDITS

    Host:: Peter Salerno

    Guest: Maria Fifield from Avon Legal

    avonlegal.com.au

    Producer: Ron Fiedler Podcast City

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