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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
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.
10:40
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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.
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