WAW066: Living Will and Trust and Why You Need One

WAW066: Living Will and Trust and Why You Need One Hello  everyone, we here at A Word About Wealth hope you and your families are  doing well and continue to stay safe in these turbulent times. This  is a rather morbid topic, but what happens to your money when you die?  Does it go to your family? Does it go to your favorite charity? Or does  it go to the government? If you don’t have a living will, you are  basically giving up that right to decide where your money goes. In this  episode, find out how a living will and trust is necessary to protect  your assets and your family. As always, if you have any questions, comments, or topic recommendations, please email us at [email protected]. Subscribe to future episodes of “A Word About Wealth” as we strive to deliver financial entertainment to the masses. References:
1. Living Will - www.legalzoom.com/knowledge/living…is-a-living-will 2. Trust - simple.wikipedia.org/wiki/Trust_law 3. Beginne’s Guide to Trusts - www.thebalance.com/what-is-the-def…a-trust-3505391