Let’s Talk About Wills – Episode 198

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about writing your own will. If you’re unsure where to even get started, this episode maps out the essentials-how to do it, what to include, and resources to help you.  

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@prosperitythinkers.com and we may answer it in an upcoming episode.

Links in this Episode:

Submit your questions: welcome@prosperitythinkers.com

Listener Gift: Financial Planning Has Failed ebook

Resources for listener: partners4prosperity.com/blog

Show Notes:

00:00 Intro

00:45 Article in Money Magazine

01:31 Will + living trust combination is best

03:20 Do you need an attorney or can you do it with online resources?

06:27 Probate delays things

07:28 Deciding who is an heir

07:46 Naming an executor

08:41 Guardianship issues

10:30 Splitting up your finances

11:58 Biological vs. Stepchildren

12:20 Do you give inheritance all at once?

13:16 Incentive Trusts

14:15 Recommended Resources

15:00 Listener gift