Estate planning might seem like something only for the rich and famous, but it’s a key part of any financial plan. As you grow your assets—and especially as kids enter the picture—estate planning helps to ensure that those assets will go to who you want, when you want. In this episode, Cody Barbo, founder of Trust & Will, explains what an estate plan is and why it’s so important to have one. Then Kelley Daugherty, an advanced planning senior attorney at Northwestern Mutual, shares what can happen if you don’t have an estate plan, how to get started, and more.
Resources from Northwestern Mutual:
https://www.northwesternmutual.com/life-and-money/why-everyone-needs-an-estate-plan/