Free Power Of attorney Template California

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Smart Money Podcast: The Benefits of Being Boring With Your Money, and Why to Make a Will ASAP Smart Money Podcast: The Benefits of Being Boring With Your Money, and Why to Make a Will ASAP Sean Pyles: Oh, Becky, I am so glad that you sent us this question because wills and trusts have been something I’ve been badgering all of my friends about lately, probably in part because I finally got mine set up recently. Sean Pyles: Oh, Becky, I am so glad that you sent us this question because wills and trusts have been something I’ve been badgering all of my friends about lately, probably in part because I finally got mine set up recently. Sean: Thank you. It was a long time coming, and I just feel so relieved now that I finally have it done. Anyway, to help us answer Becky’s question, on this episode of the podcast we’re joined by Tiffany Lam-Balfour, a Nerd who has covered just this subject. Sean: Thank you. It was a long time coming, and I just feel so relieved now that I finally have it done. Anyway, to help us answer Becky’s question, on this episode of the podcast we’re joined by Tiffany Lam-Balfour, a Nerd who has covered just this subject. Liz: Welcome to the podcast, Tiffany. Liz: Welcome to the podcast, Tiffany. Tiffany Lam-Balfour: Thank you. So glad to be here. Tiffany Lam-Balfour: Thank you. So glad to be here. Sean: Well, I want to dive in by talking about one benefit of having a will, which is that you avoid being what’s called intestate, an ugly, visceral word, which basically means that you die without a will. And your property is distributed according to your state’s laws, as opposed to your own wishes. And this can result in conflict and legal battles among your family members. Tiffany, on the flip side, can you explain what happens when you do have a will? Sean: Well, I want to dive in by talking about one benefit of having a will, which is that you avoid being what’s called intestate, an ugly, visceral word, which basically means that you die without a will. And your property is distributed according to your state’s laws, as opposed to your own wishes. And this can result in conflict and legal battles among your family members. Tiffany, on the flip side, can you explain what happens when you do have a will? Tiffany: When you pass away, your loved ones will be in mourning, so it makes it a lot easier on them to handle your financial affairs if you’ve designated your preferences for various things, such as who should receive your possessions, who will watch over your children, what funeral arrangements would be fitting. With a will, you can also choose your own executor, which is a trusted person elected to carry out all of your wishes on your behalf. Tiffany: When you pass away, your loved ones will be in mourning, so it makes it a lot easier on them to handle your financial affairs if you’ve designated your preferences for various things, such as who should receive your possessions, who will watch over your children, what funeral arrangements would be fitting. With a will, you can also choose your own executor, which is a trusted person elected to carry out all of your wishes on your behalf.

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