Growing the Money with Rich Lennon

Episode 44: Protect Your Family’s Future with This One Simple Document


Listen Later

What happens to everything you’ve worked so hard for when you’re gone? It’s not the happiest thing to think about, but if you’ve built even a modest amount of wealth, the truth is: ignoring this could cause your family more pain, stress, and conflict than you realize.

In this episode, Rich Lennon shares the *real* reason every investor (or future investor) needs a revocable living trust. It’s not about being rich, it’s about being responsible. He breaks down what a trust is, how it works, and why it’s one of the most powerful ways to protect your family and your legacy. Want to do right by the people you love? This is the episode to listen to.

You’ll Learn How To:

  • Understand what a revocable living trust is
  • Avoid probate and keep your financial life private
  • Make sure your assets go to the right people, without drama
  • Save your loved one's time, money, and stress when you’re gone
  • Set up a trust, and what does it actually cost to do it right

Who This Episode Is For:

  • Anyone who’s started to build wealth and wants to protect it
  • Real estate investors who haven’t set up their estate plan yet
  • Parents who want to make sure their kids are taken care of, no matter what

Why You Should Listen:

A will isn’t enough. And too many good people leave behind a mess simply because they didn’t know better. Rich Lennon unpacks what he’s learned over the years of building wealth and losing friends too soon, so you can take action now, not later. Walk away with peace of mind and a clear next step.

What You’ll Learn in This Episode:

[00:00] The story that changed how Rich Lennon thinks about legacy

[01:00] Why wealth isn’t just a blessing, it’s a responsibility

[03:00] The one document that makes all the difference

[05:00] What a trust actually does (and why a will isn’t enough)

[07:00] What it costs, how long it takes, and why it’s worth it

[09:00] Final thoughts and how to get started today

Follow Rich Lennon here:
Website: https://richlennon.com/
Facebook: https://www.facebook.com/rich.lennon.121
Instagram: https://www.instagram.com/richlennon92/

 

...more
View all episodesView all episodes
Download on the App Store

Growing the Money with Rich LennonBy Rich Lennon

  • 5
  • 5
  • 5
  • 5
  • 5

5

142 ratings


More shows like Growing the Money with Rich Lennon

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,156 Listeners

NPR News Now by NPR

NPR News Now

14,191 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

712 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,790 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

972 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

560 Listeners

Founders by David Senra

Founders

1,932 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,372 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,055 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

723 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

5,958 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,840 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,200 Listeners

On The Market by BiggerPockets

On The Market

898 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

834 Listeners