Building a Financial Fortress Around Your Family with Michael Gisonda
What happens if you get hurt at work, the economy tanks or you kick the bucket?
Have you built a financial fortress around you and your family?
Last year I was listening to a podcast and the guest discussed the concept of having a financial fortress around your family, so everyone is protected financially.
It is never too early to start thinking about this and placing important financial strategies, insurances, and more to protect you alive and in the case of an untimely passing. We don’t like to discuss it, but turning a blind eye doesn’t make the possibility go away.
In this episode, I bring on my financial planner/advisor Michael Gisonda onto the show to discuss this topic and what we have done for my family to have a financial fortress to protect us, and it doesn’t mean you have to have vast wealth to do it.
We discuss many topics in this episode, such as:
Planning for the worst case scenario
Life Insurances
Key Person Policies for your Practice
Emergency Savings
Wills and Trusts
How financial protection can prevent making hard decisions during grief
What happens if you get hurt?
What happens if you pass?
Evaluating your current circumstances and blind spots.
Much more!
If you’d like to have a conversation with Michael Gisonda, you can contact him here
[email protected].