In this episode Mark broadcasts one last time from Crested Butte, Colorado, before embarking on a two-month journey to Bali, Singapore, Australia, and New Zealand. This episode focuses on essential aspects of estate planning, such as the importance of wills, powers of attorney, healthcare directives and possibly a trust.
Mark shares personal experiences, including updating his estate plan after significant life events, and offers valuable insights into managing estates and guardianship. Real-life examples highlight the severe consequences of inadequate estate planning.
Additionally, Mark answers a listener question regarding calculating savings rates.
Episode Links:
Mark’s Money Mind YouTube Channel
Love, Loss, and Money: The Shocking Financial Aftermath of a FI Spouse’s Death | Amy (ChooseFI Episode 476)
Timestamps:
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