Optimal Relationships Daily - Dating, Marriage & Parenting

2040: Family Will - How to Create Your Last Will and Testament in 6 Easy Steps by Andy Hill of Marriage Kids and Money

Jan 21, 2024

10:40

Snipd AI

Andy Hill, author of 'Family Will: How to Create Your Last Will and Testament in 6 Easy Steps,' discusses key decisions for creating a family will, such as choosing an executor and guardian for children. He also shares practical steps like using online services, finding a notary, and organizing essential documents in an Emergency Binder for accessibility during emergencies or after one's passing.

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Creating a family will involves open communication with your spouse and making important decisions like selecting an executor and guardian for your children.

Having an emergency binder with essential documents and information is crucial for your loved ones to handle affairs during emergencies.

Deep dives

Importance of Creating a Family Will

Creating a family will is crucial for ensuring that your assets and children are taken care of in the event of your death. It is essential to have open communication with your spouse to answer important questions such as selecting an executor for your will and choosing a guardian for your children. Additional considerations include deciding on special arrangements for celebrating your lives, such as charitable donations or unique memorial wishes.

Introduction

3min

Creating a Family Will in 6 Easy Steps

5min

Creating a Last Will and Testament and an Emergency Binder

4min

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Episode 2040:

Andy Hill's article on MarriageKidsandMoney.com, "Family Will: How to Create Your Last Will and Testament in 6 Easy Steps," provides a straightforward guide for preparing a family will. It covers key decisions, such as choosing an executor and guardian for children, and practical steps like using online services, finding a notary, and safely storing the will. Additionally, Hill emphasizes the importance of an Emergency Binder to organize essential documents and information, ensuring everything is accessible to loved ones during emergencies or after one's passing.

Read along with the original article(s) here: https://marriagekidsandmoney.com/create-the-family-will-in-6-steps

Quotes to ponder:

"Choose someone that you trust and that you know will ensure your wishes are seen through."

"Set a calendar reminder to review your will annually to ensure it still reflects your current wishes."

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