Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Ask KT & Suze Anything: Should I Let My Children Run My Finances?
Nov 16, 2023
Suze Orman answers questions about old insurance policies, investing an inherited portfolio, financial guilt, and more. They discuss Thanksgiving challenges, opening an alliance savings account, taking care of aging parents while prioritizing oneself, celebrating a volunteering achievement, and teaching kids how to save money with a special offer.
33:56
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Use the National Association of Insurance Commissioners' free life policy locator tool and check bank records for insurance payments when trying to determine if a deceased person had a life insurance policy.
- For investment diversification, it is important to mix different types of stocks, ETFs, treasury bills, notes, and bonds, as quality stocks with dividends and reinvestment tend to yield better returns over time and diversification helps protect against interest rate fluctuations and provides opportunities for capital gains.
Deep dives
Finding out if a deceased person had life insurance
When trying to determine if a deceased person had a life insurance policy, the National Association of Insurance Commissioners offers a free life policy locator tool. It is recommended to check bank records or credit card charges for any payments to insurance companies as well.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
