Ep 19: What You Should Know About Wills and Trusts
Wealthy Habits Podcast
English - October 22, 2020 09:00 - 18 minutes - 18.5 MBInvesting 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 18: 5 Life Events That Spark Major Financial Changes
Next Episode: Ep 20: Frequently Asked Questions About 401Ks
Today we’re talking about estate planning, specifically wills and trusts. Find out what’s right for you, how much it costs and more.
Read more and get additional financial resources here: https://www.truefinancialpartners.com/ep-19-what-you-should-know-about-wills-and-trusts/
What we discuss on this show:
2:20 – Why estate planning is so important
3:29 – Will or trust?
8:10 – When you might not need a will
10:05 – You don’t need a lot of assets for a trust
11:46 – Be aware of costs and fees
13:00 – How quickly you can settle a will versus a trust
14:25 – Financial adviser’s role