How to Prepare Your Family for the Future
Manage episode 356170553 series 3245898
Pastor George Thompson and Real Estate Guru, Danette Wilkerson discuss how to build generational wealth through practical steps. They share insights on estate planning and transferring both money and knowledge to future generations.
We'll explore the top five benefits of estate planning, starting with the financial costs that can arise when someone doesn't have a plan in place. We'll also discuss the practical challenges of managing someone's affairs after they've passed away, such as accessing their computer passwords and paying their bills.
But don't worry - we're not just here to talk about problems. We'll also share some actionable steps you can take, including having important conversations with your family and considering options like long-term care insurance and living trusts. These tools can help you maintain privacy, distribute assets according to your wishes, and ensure that your affairs are managed in the way you want.
MORE INFO
The Wealth Cycle Book by George:
https://www.amazon.com/Wealth-Cycle-Building-Financial-Legacy/dp/0967485827
Set-4-Life Book by George:
https://www.amazon.com/Set-4-Life-Mindset-Champion-Ready-Grow/dp/0967485835
Leave a question for George to address in a future episode at
https://anchor.fm/set-4-life/message
If you are interested in working with George as your financial planner, go to: https://www.thompsonwm.com/
Browse his books at
https://georgebthompson.com/books/
Visit his website at
https://georgebthompson.com
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George B. Thompson | https://linktr.ee/georgebthompson
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