Do I Need A Will?

Think of losing in the sense of trying new things, where you are not afraid to pursue something new. Losing is more of an area of opportunity and if you discover you are really no good at something, at least you can move on without regrets.

It is important to put everything you own in the will including the provisions on how they should be distributed and to whom. It goes without saying that you should be descriptive and specific regarding your property.

Words matter. Using the right words and offering definitions on the Will are important to accomplish your goals. This podcast is about describing the recipients and understanding the terms heirs, issues, descendants and beneficiaries.

I watched a show called Deadly Isms wherein the show talked about Fascism (often associated with the right) and Socialism (associated with Left) were one and the same in terms of result: centralized government and state over individual and mass murders. Fortunately we live in a free society and while the state has a plan for you when you die, you should take advantage of directing and controlling how your estate should be administered.

Professional success and money are just the means. The end is Economic Security and Meaningful Relationships. Invest in experiences with friends and family and not in things. Drive a Hyundai but take your wife to Paris.

This is a repost since the first one had audio problems. It’s a good idea to implement a system of organizing your financial docs and knowing how long to hold onto those docs and knowing when to shred those documents.

You may want to sleep with one eye open. Just kidding. One of the most unsuspecting person we would consider a predator are the ones closest to us; spouse, kids, siblings

Here we touch on your most important documents like your SSN card, passport, birth certificates. I forgot to mention estate planning docs. Keep these important docs in a safe yet accessible place.

Stop using unearned money or money you don’t have to buy things you don’t need to impress people you don’t like.

Strive to live debt free. Creditors are the worst predators in terms of trying to separate you from your assets or bleeding you dry financially.

It is a good idea to have a system for your personal finances and having a guideline as to when to destroy and shred documents. Maintaining your financial health is vital to estate planning.

A Living Trust is a powerful estate planning document and it is crucial to fund the trust. If you don’t fund the trust, you defeat the whole purpose of the trust.

Talented rapper, entrepreneur, community activist left this world too soon when he was gunned down at his clothing store. He is survived by his children Emani and Kross. He died without a will.

People are squeamish about death and end of life and many people would rather not deal with it until it’s too late. Having a will as a basic foundation of your estate plan is critical. In this podcast, I also talk about what happens and who is in control if you die without a will. Life life, plan for a better tomorrow.