Everyone knows a will is essential in financial planning. So why doesn’t everyone have one? More importantly, how comprehensive is the plan?
In this episode, Tom Selbo dives into estate planning, who needs one and how it benefits the family even while you are living. He also shares stories about families without estate plans and how the government ended up distributing the assets with no will.
Tom discusses:
- How an estate is passed without a will
- What a comprehensive estate plan consists of
- Who benefits from an estate plan
- When you should start estate planning