Episode #532

You’re working hard to build wealth, but without estate planning, your assets could easily land in the wrong hands, causing your family a great deal of trouble. No one likes thinking about their death, but you NEED to tackle this issue head-on if you hope to preserve your legacy!

Welcome back to the “BiggerPockets Money” podcast! Today, we’re tackling two of the most taboo topics—death and money—with estate and elder attorney Jenny Rozelle. If you’re nearly ready to retire, you MUST develop an estate plan. Otherwise, intestate succession laws will determine your fortune’s fate. Even if you’re young and have little to your name, there are basic steps you can take today to ensure that your current and future assets don’t go to the wrong person.

In this episode, you’ll learn how to find the BEST estate planning attorney and prepare for your first meeting. Jenny also shares the truth behind probate and why it isn’t nearly as painful as it sounds!

Stick around for part two, where we rapid-fire estate planning questions at Jenny as she shares information even we didn’t know about!

Show Notes at:
https://link.chtbl.com/Money
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BiggerPockets Money 397 – Estate Planning, Wills, and What to Do NOW to Protect Your Heirs:
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BiggerPockets Money 401 – The Post-Passing Plan: 3 Steps to Protect Your Family’s Financial Future:
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BiggerPockets Money 503 – How to Keep MORE of Your Inheritance From the IRS (Avoid These Tax Mistakes!):
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00:00 Intro

01:27 Why You NEED an Estate Plan

07:52 Finding an Attorney & Probate 101

18:10 First Steps for Early Retirees

24:56 Getting Organized & Estate Planning Costs

37:00 Connect with Jenny!

37:29 Start Planning Today!