Preparing for the Unthinkable w/ Chanel Reynolds #740

Oct 25, 2023

Chanel Reynolds, expert in estate planning and probate, joins the hosts to discuss preparing for the unexpected reality of death. They cover topics like digital hygiene, key estate planning documents, funeral preparations, and effectively approaching conversations with family.

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Introduction

00:00 • 2min

Preparing for the Unthinkable

01:35 • 7min

The Importance of Being Prepared for the Unexpected

08:23 • 14min

Importance of Having Digital Powers of Attorney and a Plan for Accessing Important Information

22:01 • 2min

Importance of Insurance Communication

23:36 • 4min

The Importance of Estate Planning and Legal Documents

27:18 • 8min

Planning Ahead for the Unexpected

35:47 • 10min

Challenges and Getting Started

46:00 • 4min

Preparing for the Unthinkable

49:58 • 12min

Finding a Routine and Trying a Homebrewed Beer

01:02:17 • 2min

Expressing Gratitude and Closing the Episode

01:03:52 • 3min

Dying without the proper documents in place can cost your loved ones a ton of money! The latest research shows that probate can easily take a 3% to 7% bite out of your estate. And this is a topic that’s been on our minds for months since episode 704, when we had our wives on the podcast. We realized that the ladies might have a general idea of what to do if one of us died, but for the most part they would be rudderless since both of us handle the bulk of our finances in both of our families. That’s why we’re pumped to talk with Chanel Reynolds who has been on a mission for the past decade, to help folks do what she wished she’d done, before life takes a detour. Chanel founded GetYourShitTogther.org and she authored the book “What Matters Most”, both dedicated to help folks to prepare to face the inevitable reality of death. We discuss digital hygiene and staying organized with your accounts and passwords, key estate planning documents, using online software vs hiring an attorney, beneficiaries and transfer on death deeds, how to effectively approach conversations with family, funeral preparations, and much more!

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