Do you find the idea of creating an estate plan overwhelming and time-consuming?

It is crucial that we make time with our spouses and have a conversation around estate planning because it’s about our children. We mostly spend our lives building wealth and preparing for retirement and forget to plan for when we’re not here, which is inevitable.   

In this episode of the Secure Your Retirement podcast, we have Andres Mazabel, a business development manager who helps families protect their loved ones by creating an estate plan. We cover the importance of an estate plan, the process of preparing and creating one, and much more.

In this episode, find out:

• Why lack of education, high cost, and fear of conversations around death stop people from preparing an estate plan.
• Why you should make the selfless decision to create an estate plan.
• The most common documents you need to have in order to start creating your estate plan.
• The two most common situations when an estate plan is crucial.
• Andres explains how they provide education and help families through their estate planning journey.
• Keep in mind that you can always make changes to your estate plan when you need to.
• The meaning of an estate plan being state-specific plus how Andres keeps up with any language/law changes for his clients.
• Understanding when to look into updating your estate plan.
• The time and process it takes to input information and execute an estate plan.

Tweetable Quotes:

• “It is a heavy decision, a heavy conversation to have with your spouse, but do you want to make that decision, or do you want a judge at a court to make that decision?”- Andres Mazabel
• “At the end of the day, estate planning is about making it easier for your loved ones, not for you.”- Andres Mazabel
• “Your estate plan can evolve as your life changes.”- Andres Mazabel

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.