In case you missed it yesterday, I published the latest post on the LWM Blog yesterday. As a young advisor, a lot of my peers ask if they need a will or estate planning documents at such a young age. I break it down in the post linked below!
Here’s what I’ve been reading this morning:
- There are a handful of options when it comes to having a will made. Doing it yourself is certainly one option, but is it a good one? In my latest post I break down some pros and cons of creating a will by yourself.
- Though the stock market has recovered, there are still plenty of people in financial trouble. In Ep. 211, Tom sends a message about filing for bankruptcy. It doesn’t need to be a life sentence, and can actually turn out to be a long-term positive if you view it the right way.
- The older you get, the more important it becomes to have proper protection in place for your assets. Utilizing an elder law attorney can be a great way to establish powers of attorney needed to keep your assets safe.
- On paper, dividends may seem like small potatoes in the grand scheme of things. But as Eddy points out, they are very important to consider when you think about total return on your investments.