In this episode of the Lyons Share Podcast, host Mitch Lyons sits down with estate planning attorney John Inhulsen from Inhulsen Law to debunk common myths and provide essential guidance on protecting your family’s future.

Key Topics Covered:

• Why estate planning isn’t just for the wealthy—it’s for everyone
• The critical difference between wills and trusts (and why a will alone sends you to probate)
• Common mistakes people make with beneficiary designations and outdated plans
• How the SECURE Act changed retirement account inheritance rules
• Special considerations for business owners: succession planning, buy-sell agreements, and liquidity strategies
• Recent legislative updates including federal estate tax limits

Build a Sturdier Financial Future. Book Your Consultation: https://mitchlyonswealth.com/retirement-consultation/

How confident are you in where your retirement income will come from each month? In Part 2 of our “Retirement House” series, Mitch dives into building the foundation of your financial house: creating reliable income for retirement. He explains the role of different income sources, like Social Security, pensions, and annuities, and how they fit together to support your lifestyle. You’ll hear thoughtful insights on timing decisions, like starting Social Security, and the importance of understanding your income picture so you can approach retirement with confidence.

Here’s some of what we discuss in this episode:

Income Sources: Turning savings into paychecks

Social Security: Smarter decisions for couples

Rules of Thumb: Why income matters more than totals

Client Approach: No pressure, real guidance

0:00 – Intro

1:34 – Importance of your foundation

3:29 – Finding income sources

5:32 – Benefits of working with Mitch

7:06 – Social Security

10:01 – There’s no magic number

Resources

Our website: https://mitchlyonswealth.com/

Phone: 866-857-8335

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Join Mitch as he breaks down the Detroit Lions’ 2025 season! From the thrilling win over the Chicago Bears to a candid analysis of the team’s ups and downs, Mitch covers it all—offensive line struggles, key injuries, standout players like Jared Goff, Amon-Ra St. Brown, Jamir Gibbs, and more. Get insights on what went wrong, what went right, and what the Lions need to do in the offseason to bounce back and make a playoff run next year.