062 | Creating an Estate Plan And Why It's Important | ft. Mark Stefan
Description
Death is not an easy subject to talk about, but it is also something that ABSOLUTLEY SHOULD be talked about – from an estate planning perspective, at least. In this episode, Will and Tim talk about this topic with Mark Stefan, a successful wealth planner who has been in the industry for 38 years. Mark breaks down this uncomfortable subject, explaining everything from how an estate plan should be part of a larger financial plan to the various components of an estate plan.
•
Throughout our discussion, Mark navigated several complex questions, with simple, easy-to-understand explanations that will (hopefully) leave you feeling motivated and empowered to begin working on your own estate plan. Some of these questions include:
- Who should have a will?
- What is a power of attorney and an executor?
- Are DIY wills worth the savings?
- What taxes apply to your estate?
- What is probate?
- Is it worth it to try to minimize probate?
- What mistakes are people making with their estate planning?
•
If you’re a 6-figure millennial or if you have a specific topic you would like to discuss on the podcast, we would love to talk to you! Reach out to us at financialclassroom@gmail.com or find us on FB/Instagram.
United States
