Estate Planning For People With Modest Means The Prosperity Podcast

Summary:
No B.S. Money Guy Todd Strobel talks with Rick Randall about estate planning for people with modest means of wealth. Together they will address the cost of doing a trust the wrong way and who needs to have a trust created.
Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.
 
Links in this Episode:
Randall, Gentry & Pike - http://www.lifespanusa.com/public/default.asp
Submit your questions hello@partners4prosperity.com
 
Show Notes:
00:00 Introduction
00:38 Today’s topic: Planning For People With Modest Means
01:40 How Rick came up with the Modest Means program
03:29 Why trusts are for everyone and not just the wealthy
04:14 Is it wise to purchase a trust kit online or should you meet with an attorney?
06:21 The cost of doing a trust the wrong way
09:44 Why people are putting off estate planning
15:59 Do you need an estate plan if you have less than $5 million?