BiggerPockets Podcast 005: Dealing with Death -- Financially

[Brandon Turner]

Today on the BiggerPockets Podcast we're talking about one of the most important subjects you've probably been avoiding - planning for your finances after death. That's right - how to ensure your family is taken care of after you go. This conversation, with CFP Neal Frankle is a fascinating look at what you should, and shouldn't, do when planning your future.

In This Week’s Podcast We Explore:

- How Neal lost both parents before 18 years old and how that experience helped make him smarter financially.
- A unique technique for helping your spouse carry on your business after you die.
- How to plan for the sale of your business or your properties after you bite the dust.
- The benefit of real estate over retail businesses for succession planning.
- Why a trust is a terrific tool for every real estate investor.
- What a “Probate” is and how to avoid it with your future estate.
- Why you DON’T want a typical “Will” – and the one type of will you do need.
- The true purpose of life insurance… and which one is “evil.”
- How much insurance you really need.
- The best advice for investors looking to take control of their financial future.

Check it out and listen to the show directly at:
BP Podcast 005: Dealing with Death – A Financial Discussion with CFP Neal Frankle

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