In this 167th episode of Fintech Impact, Jason Pereira, award-winning financial planner, university lecturer, writer, and host interviews Arin Klug, Cofounder of Epilogue, an online will kit that helps people leave behind a legacy that does not bring their loved ones massive pain by enabling them to take control of their will!

Episode Highlights:

0:32 – Arin Klug introduces Epilogue and how it helps people.

1:06 – How did Epilogue come to fruition and what motivated its creation?

3:38 – What is the average situation that Epilogue applies to?

5:10 – Where is the line drawn for Epilogue when it comes to whose will it can help create?

10:23 – Jason and Arin discuss the value of lawyers in the will process.

11:50 – What does the Epilogue client experience look like?

14:26 – Arin explains what happens when there are changes in estate law.

16:50 – Jason and Arin discuss how the costs of lawyers interrupt changes to the will.

20:17 – Does everyone really need to pay for the premium financial planning services?

21:23 – Arin breaks down the four documents that are included in Epilogue’s process.

24:27 – Where does Arin see Epilogue going from here?

27:51 – If Arin could change one thing in his industry, what would it be?

28:15 – What has been the biggest challenge of getting Epilogue to where it is today?

29:53 – Arin explains what excites him the most about his work.

3 Key Points

1. Epilogue helps people create a legally binding will in as little as twenty minutes online, a far cry from the months–long process for a typical will.
2. Arin and his business partner started Epilogue with the thought of how many people they could disqualify from the process because they know that no system is right for everyone.
3. Funeral instructions included in the will are not legally binding, so Arin advises his clients to put those in a separate document and share those with family members to make sure that they are carried out.

 Tweetable Quotes:

• “If you want your family to hate you after you’re gone, go ahead and die without a will.” – Jason Pereira
• “You can’t write a will that’s against public policy and public policy is always changing.” – Arin Klug
• “The perception of cost often leads to conversations not even happening in the first place.” – Jason Pereira
• “Death hurts the living as much as it hurts the dead.” – Jason Pereira

Resources Mentioned:

• Facebook – Jason Pereira’s Facebook
• LinkedIn – Jason Pereira’s LinkedIn
• FintechImpact.co – Website for Fintech Impact
• JasonPereira.ca – Sign up for Jason Pereira’s newsletter
• Woodgate.com – Website for Woodgate Financial
• Epiloguewills.com – Website for Epilogue

Hosted on Acast. See acast.com/privacy for more information.