Estate Planning Basics ➡️ The Importance of Having a Basic Will and Trust In Place

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0:00 Opening thoughts about estate planning
5:20 Personal experiences - the importance of having a basic estate plan in place
18:55 What is a Will and how it works
27:00 Assigning guardianship for children - major part of a Will
32:10 Medical Directives
38:40 Trusts and how they work
43:20 Final thoughts on estate planning

In this video, my good friend Jeff Kamke from @wealthenergetics and I talk about the importance of basic estate planning having a simple Will and/or Trust in place to effectively disperse your assets when you pass away.

So many people do not have a basic estate plan in place, which puts their assets at risk and an immense amount of unnecessary pressure to figure out what to do with your assets after you've passed.

Having a basic Will and/or Trust in place can avoid all of that and it's not nearly as difficult or expensive as most people think.

Main website: https://www.millennialwealthcreator.com

Disclaimer: Everything in this video is for educational purposes only and not meant to be financial, legal, or investment advice of any kind. Please speak with a licensed professional before making any decisions.

Music: Match Point: WIDIZ8ZAZGCROF4S