Ep 12: Will Vs. Trust: What’s Right for Me?

Wealthy Habits Podcast

English - August 27, 2020 09:00 - 17 minutes - 25.7 MB
Investing Business News Business News 401k finance ira iowa retire advisor daveelizondo druekampmann financial money Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Ep 11: Financial Buzzwords

Next Episode: Ep 13: Pros and Cons of Having More Cash on Hand

What’s the difference between a will and a trust, and which one should I choose? Dave and Drue explain why they are so important and which one you might need.

Read more and get additional financial resources here: https://www.truefinancialpartners.com/ep-12-will-vs-trust-whats-right-for-me/

On today's show:

2:31 – Difference between wills and trusts

4:25 - Three purposes of a trust

6:52 – How wills and trusts affect retirement accounts

8:04 – Who chooses wills and trusts

11:34 – Power of attorney