Frank Divers: Life Insurance and Trusts: Your Family's Financial Safety Net

About Frank Divers:

Frank is the Co-Founder and CEO of Estate Documents Pro, LLC, and the Founder and CEO of Business Development Specialists, Inc. A seasoned business veteran and entrepreneur with over 40 years of experience, he has founded seven companies spanning industries from manufacturing to national sales and distribution programs for products and services. His accomplishments include conceptualizing and launching one of the first health-related sports talk radio programs in the United States, founding one of the nation’s pioneering direct-response television infomercial production and sales companies, and establishing an internet-based business featuring legendary NFL Hall of Fame coach Tom Landry as its spokesperson.

Beyond business, Frank is deeply committed to community service and philanthropy. He has served as a board member of the Arizona Chapter of the American Red Cross and as Chairman of the 2016–2017 Fiesta Bowl Committee, reflecting his dedication to giving back and making a positive impact beyond the corporate world.

In this episode, your hosts, Jason and Scott, together with Frank Divers, discuss:

• Estate Planning Essentials: Will vs. Trust
• Probate Costs and Family Privacy Risks
• Importance of Funding a Living Trust
• Life Insurance as Estate Planning Protection
• Simplifying Estate Document Preparation

Key Takeaways:

• Estate planning isn't just for the wealthy, as every individual needs a comprehensive strategy to protect their family's financial future and avoid government intervention.
• Trusts provide critical control beyond traditional wills, and by creating a living trust, you can dictate exactly how and when your beneficiaries receive assets, protecting them from potential financial challenges.
• Probate can be a costly and emotionally draining process for families. 
• Life insurance serves as a financial safety net for surviving family members, and the tax-free funds can help cover immediate expenses, prevent asset liquidation, and provide breathing room during a difficult transition.
• Platforms like Estate Docs Pro now enable individuals to create legally compliant documents across all 50 states without traditional attorney fees.

"It's not called a dying trust. It's called a living trust. It is alive. It is a breathing document as long as you live.” — Frank Divers

Connect with Frank Divers:  

LinkedIn: https://www.linkedin.com/company/estatedocspro/ 

Website: https://estatedocspro.com/ 

Connect with Jason and Scott:

Website: https://henderxcapital.com/masteryourmillions

X (Twitter): @MasterYourMs https://twitter.com/MasterYourMs 

Facebook:  https://www.facebook.com/groups/realestateinvestorsofutah 

Instagram: @henderxcapital https://www.instagram.com/henderxcapital/

@jasonihenderson https://www.instagram.com/jason.henderson/ 

Email: jasonchem@gmail.com, scott@henderxcapital.com