Estate planning: it's a term that often evokes a sense of finality and permanence. However, estate planning is anything but a one-time event. It's a dynamic process that requires regular attention and updates to stay aligned with our lives' ever-changing landscape.
Many people, including those with significant wealth, either lack an estate plan or let their existing one gather dust on a shelf. Wade shares his surprise at how common this oversight is and stresses the importance of treating your estate plan with the same care you would your investment portfolio. Just as life evolves—children grow, we move to new states, our health changes—so too should the documents that dictate our wishes after we're gone.
Here’s some of what we discuss in this episode:
Get in touch with Chessman Wealth: https://www.chessmanwealth.com/
The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.
Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.
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Ep 33: Things Nobody Says
Ep 32: A 5 Question Retirement Preparedness Quiz
Ep 31: Is Diversification for Suckers?
Ep 30: The Transition To Owning Your Own Business - A Chat With Dave Parkin
Ep 29: Addressing Specific Retirement Concerns Of Baby Boomers
Ep 28: Eye Opening Stats Showing How Americans Save
Ep 27: Donor Advised Funds With Ben Bell
Ep 26: Let’s Put Your IRA Under Some Scrutiny
Ep 25: Financial Issues Particularly Challenging For Women
Ep 24: Retirement Ready: Are You Clinging To False Hope?
Ep 23: The Difficulty Of Financial Planning After The Death Of A Spouse
Ep 22: What Is A Certified Kingdom Advisor?
Ep 21: Investing Like A Genius
Ep 20: How To Avoid Critical Retirement Planning Mistakes
Ep 19: Hidden Gems In Your Retirement Plan
Ep 18: Should You Tap Your Retirement Accounts To Make It Through The Crisis?
Ep 17: Coronavirus Market Update
Ep 16: 5 Ways To Take Advantage Of A Down Market
Ep 15: Face Market Uncertainty With Guided Confidence
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