How to execute a will and bank requirements

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In this episode of At Any Rate, Evan Raidt and Dave Ahern break down the basics of wills—what they are, why they matter, and how they can save your loved ones months of stress if something unexpected happens. Dave shares why he set up his will after a health scare, plus a real story from his banking days that shows how messy things can get when someone passes without a plan.

They also walk through practical options for creating a will, why you should keep beneficiaries updated on your accounts, and how to store and share your documents so your family can actually find them when it counts.

Topics Covered:

• What a will actually does

• The real-world mess that happens when someone dies without a will

• How to get a will

• Storage & access

• The 3 tiers

Timestamps:

00:00 Why this “boring” topic matters

01:45 Why Dave got a will (health scare)

02:33 What a will is & what it covers

04:41 Why wills prevent confusion and family conflict

06:40 Real story

09:05 Why this is about protecting your loved ones (not you)

11:15 Leaving money to a charity

12:50 Where to get a will: DIY, attorney, or LegalZoom

15:35 The “bare minimum” step

17:55 What banks may require

20:40 How to store your will safely 

24:30 The 3 tiers explained

Resources Mentioned

Free monthly budgeting spreadsheet: https://einvestingforbeginners.com/budget/

Have questions or want your story featured? Email the show at newsletter@einvestingforbeginners.com or comment below. Your feedback shapes the podcast!

Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time.

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

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