Ep 89: How Your Legacy Plan Fits into Your Overall Retirement Plan – Part 1

Most people are likely to pass at least some money on to their family, children, or charity through an inheritance. On today’s episode, we’ll explore the role legacy planning plays in your overall retirement plan and some of the most common routes people use when passing money on to their beneficiaries.

 

What we discuss on this episode: 

1:02 – Taking care of yourself versus leaving a legacy

3:01 – Is it ever advisable to not leave an inheritance?

4:13 – What’s the best way to pass money on?

6:48 – Having these tough conversations

8:54 – Brokerage and other taxed accounts

11:15 – Some accounts have better tax outcomes

11:53 – Real estate and life insurance options

   

Read More: https://www.baschrock-fg.com/podcast/