Creating and Updating Wills, Trusts, and Power of Attorney – Episode 065

Summary:

Join Kim and Todd on this episode of the Prosperity podcast as they discuss the importance of creating wills, trusts, and power of attorney and keeping them updated. Find out what the minimum age is to start worrying about these documents, and the minimum amount of money you should have to create a living trust.

Also, for help creating and updating all these documents visit nnepa.com (national network of estate planning attorneys) to find an attorney in your area to help you with you paperwork, for one flat fee.

Please keep sending us all the good questions and feedback at welcome@partners4prosperity.com! We appreciate your feedback and support!

Show Notes:

0:00 Intro

0:37 Documentation: The Documents That You Sign

1:34 Looking At Wills, Trust, Healthcare, Power of Attorney: The Importance of Paying Attention

2:18 Getting Help to Update Your Documentation

  • visit nnepa.com (national network of estate planning attorneys)
  • finding an attorney in your area to get to create the necessary documents and keep them current

3:24 Making Changes to Your Documents While You Can

5:34 Is There A Minimum Age To Start Worrying About These Documents?

6:19 Keeping Life Insurance Policies Updated

6:48 At What Dollar Figure Should You Have a Living Trust?

7:45 The Consequences of Neglecting a Living Trust

9:32 How Often Should You Review Your Documents?

10:02 Sharing Financial Information at the Appropriate Time

11:21 Outro

Share this post

Facebook
Twitter
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperityâ„¢, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!

Get access to our free webinar today

Discover the first step to financial freedom

 

How much permanent benefit high cash/value dividend paying whole life am I entitled to?

Free Webinar! The first step to financial freedom.Get Access

pt image

Learn the First Step to Gain Financial Freedom

Enter your information to access the free webinar now.