Subject Points:

:22 Intro

1:00 Creating a will makes it easier for your family members when you pass

1:40 If you don't have a will it goes to probate

2:20 A will can take up to 10 minutes, legal zoom exists to help with this process.

2:25 People who bought a house 20 years ago, saw a huge increase in value

4:05 A trust can pass on a property that has gained value over time

5:30 A will is the cheapest way to give some insight into your finances to your heirs

7:04 A living trust makes the transfer much easier and requires less taxes to be paid

8:01 A living trust can also give gifts, taxfree

8:53 A will is not legally binding without two witness signatures

9:21 Start the conversation about finances as early as possible

10:22 Changes can be made to the will

10:55 The client I have who doesn't have any idea of their parents' finances

11:50 Bring up horror stories of friends who didn't have a will or any financial planning to educate others

13:22 Wrapping up

Resources Mentioned:

https://allshipsrising.com/

High Yield Savings account:

WealthFront – 5.00-5.50%!

Legal Zoom