108 | Estate Attorney Emily Spector | TRUST Us, You WILL Love This Show About Wills, Trusts, & More!
Show Summary:
Ben Franklin once said that in this world, nothing is certain but death and taxes. We will discuss taxes on a later show, but we are talking about death today.
Why? Because no one likes to talk about it, most people are woefully underprepared for what will happen to their family and assets when they die. Are you one of those people? The odds are that you may be, as nearly 60% of Americans do not have an estate plan
Today, on episode 108 of the Fat & Broke Podcast, we welcome Attorney Emily Spector to the show to discuss all things Wills & Trusts!
Leave A Voice Memo | Review The Show | Follow | Subscribe | Newsletter
Topics Discussed:
- Asset Protection
- Incapacity
- Guardianship
- Wills
- Trusts
- Probate
- Beneficiaries
- Taxes
- Estate Tax
- Power of Attorney
- Health Care Proxy
- Living Will
Action Items:
- Assign beneficiaries to all of your accounts, especially financial accounts.
- Have a will drafted. Something is better than nothing.
- If you have assets, you probably can benefit from a trust to avoid probate.
- If you have children, you want to make sure you have assigned guardianship legally.
- Planning in case you are incapacitated will make sure your wishes are honored and it takes away decision-making from your family.
- Contact an estate planning attorney to help guide you with what you need for your particular situation.
- Find an attorney that you actually like and fits your personality.
- Review your estate plan every three to five years.
Resources:
- Emily Spector, Ganz Law Group
- The Tail End, Wait But Why Blog
Thanks for listening!
Emily Spector
Attorney
Emily is an attorney who concentrates her practice in the areas of estate planning and estate administration. Emily aims to use her skills and experience to make the future a little clearer, and a little more manageable for her clients.
Emily received her J.D. in 2009 from New England Law, where she attended school at night, while also working full time, and her B.A. from American University. She has been practicing exclusively in Trusts and Estates since graduating from law school.
Top Shows!
Here are some of our best shows to help get you started on your Fat & Broke journey. Enjoy!
168 | In Two Thousand & Twenty-Three (2023), I Will Be... | The FAB T…
Show Summary: In two thousand and twenty-three, I will be… How would you answer this question? Have you thought about that all? In a different take on New Year's resolutions, we take some time today to reflect on how we …
164 | Year End Financial & Life Checklist For 2022 | Get Ready For 20…
Show Summary: Are you ready for 2023? Is your financial house in order? This is a great time of year to reflect and reset as we close out one year and begin another. In today’s show, we give you a …
159 | Mastermind Group | Unconditional Love
Show Summary: Welcome to the Fat & Broke mastermind group. In today’s session… We discuss: Unconditional Love Leave A Voice Memo | Review The Show | Follow | Subscribe | Newsletter Headline Of The Week: IRS increases 401K li...
152 | Move Like A Kid | Hurt Less, Move Better, Live Fully
Show Summary: Do you remember moving like a kid? Did it hurt? Did you even think about or did you just do it? Wouldn't it be nice to move like that again? In today’s show, we discuss what it means …
145 | Doug Donia | Real Estate For Dummies...Like Us :)
Show Summary: Have you considered getting into rental real estate but don’t know where to start? Or maybe you are just thinking about making a change and trying a new career path? Either way, our show today is for you! …
138 | Summer Sessions | The 7 Deadly Sins Of Friendship
Show Summary: Welcome to the Fat & Broke Summer Sessions… In today’s show, we discuss the 7 deadly sins of friendship. Are you a good friend or a bad friend? Stay tuned to find out! The 7 Deadly Sins Of …
110 | Better Every Day, Not Today, Maybe Tomorrow? | It's OK To Not B…
Show Summary: Does “Better Every Day” feel unrealistic? Are there some days, weeks, or even months where you just struggle mentally, physically, or emotionally? Are some days just harder than others? Today, we discuss that...
106 | Dr. Brian DiGiovanni | Raising Kids In The Age Of Technology
Show Summary: Every generation thinks that technology is harming their children. There was a time that we feared comic books, cartoons, MTV, and basic computer games. Is today any different? In the age of technology, where...
Bonus Episode! | The Pod Squad On "The Stacking Benjamins Show!"
Show Summary: The hosts of The Fat & Broke Podcast were honored to be asked to join one of Gary's favorite shows, The Stacking Benjamins Show. Enjoy this short bonus content as we are interviewed by Joe Saul-Sehy from his …
104 | Self-care or Self-ish | Defining Self-care & It's Importance In…
Show Summary: Do you want to read, exercise, meditate, or just generally take better care of yourself, but a feeling of guilt stops you? Do you find happiness in areas that others tell you that you shouldn’t, like food or …
098 | How to Train for Health and Longevity | Live A Longer, Healthie…
Show Summary: What role should exercise play in our lives? Many people think that training is just for those who compete in sports or who want to look good in a bathing suit. The truth is, training in some capacity …
092 | The Blue Zones | How To Live Forever | Secrets To A Long And Ha…
Show Summary: Do you want to live forever? OK, well maybe not forever. But are you interested in living a long, healthy, and fulfilling life? It is safe to assume that most people would answer yes to that question. In …
090 | The Credit Card Show | To Points and Beyond!
Show Summary: To points and beyond!! Do you use credit cards for all of your purchases? If the answer is no, have you ever thought about what you could be missing out on? In episode 90 of the Fat & …
086 | "After the Holidays" | Health, Money, & Life Goals We Slack On …
Show Summary: The goal of today’s show is to identify what type of things we put off until “after the holidays” and provide actionable ways to avoid falling into this common pattern. Leave A Voice Memo | Review The Show …
082 | How to Eat for Performance | Achieve Optimal Performance Via Wh…
Show Summary: In today’s show, we will help you learn what to eat, how much to eat, and when to eat it in order to maximize performance! Leave A Voice Memo | Review The Show | Follow | Subscribe Intro: …
080 | 100 Pounds And Counting | Audra Waiters
Show Summary: In today’s show, we welcome Audra Waiters to the show for a very candid conversation about her lifelong battle with weight and how she eventually won the war. Leave A Voice Memo | Review The Show | Follow …
070 | How to Eat for Health | A Path To Optimize Health Through Nutri…
Show Summary: In today’s show, we start our How to eat for series. In part 1, we discuss optimizing our health through nutrition. Leave A Voice Memo, Review The Show, & Follow Us Here Intro: We start the show by …
052 | Financial Independence Series | Part 3 | Save & Invest For Gene…
Show Summary: In today’s show, we take the next steps towards financial independence. We discuss how to save and invest your money to grow generational wealth. Leave A Voice Memo, Review The Show, & Follow Us Here Intro: We ...
046 | Financial Independence Series | Part 2 | Attack Debt & Build A …
Show Summary: In today’s show, we take the next steps towards financial independence. We teach you how to attack your debt and build a safety net. Leave A Voice Memo, Review The Show, & Follow Us Here Intro: We have …
041 | Financial Independence Series | Part 1 | The Gap
Show Summary: In today’s show, we help you get started on your financial independence journey by building space between what you make and what you spend. In Part 2 of our FI series, we will discuss debt and emergency funds. …
035 | Kenny F*ng Loggins | Mental Tricks To Do Hard Things
Show Summary: In today’s show, we discuss Kenny F*ng Loggins. This is a mantra we use to help us do hard things. We discuss this and more mental tricks do help us overcome our brain’s desire to stop. Leave A …
027 | Better Every Day, Or Good Enough? | Jasmin Keramaty
Show Summary: On today’s show, we have our first guest interview. We welcome Jasmin to the show. She is a friend and regular listener. We asked her to discuss her lifestyle, what drives her, and this fundamental question: ...
019 | It's My Life | Designing Your Current & Future Life
Show Summary: In episode 011, we discuss what it means to design your future and whether it is something you should do, and if it is, how do you do that. Leave A Voice Memo, Review The Show, & Follow …
011 | Our Pillars Of Fulfillment
Show Summary: In episode 007, we discuss our Pillars of Fulfillmen t. Leave A Voice Memo, Review The Show, & Follow Us Here Win/Fail: In our win/fail segment, Gary learns to be gracious, Sarah received a compliment well, and ...