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Main Street Business

326: Who Gets Your Stuff After You Die?

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 10 February 2021

⏱️ 74 minutes

🧾️ Download transcript

Summary

Mark and Mat discuss Insurance, retirement accounts, wills, trusts, and avoiding probate. Enjoy a lively discussion with interesting stories and antidotes that will make you laugh and cry. Don’t miss this special episode. Learn more at www.mainstreetbusiness.com Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360 Looking t...

Transcript

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0:00.0

Welcome, everyone to the Main Street Business Podcast with Mark Kohler and Matt Sornson.

0:12.0

It's a good day today to talk about what happens to your stuff when you die.

0:16.6

Oh, I thought we were talking about what happens to you when you die.

0:19.5

I was really, I was like, we've got that answer, affirmative. We're ready to go. Okay. No, just, no one cares about you. They just want your stuff. Oh, no. I was thinking about me, like, okay, I've got a pretty good, you know, feel where I go when I die, but we're not worried about that. It's where my stuff goes. Yeah. Yeah. All right. That's really what people want to know. That's no. I mean, I guess that is the age-old question. What happens to you when you die? We don't have that answer, but we do know what's going to happen to your stuff. Yeah. Well, and we've got some theories on that. That's a topic for our religious podcast every Sunday afternoon. That's true. We answer your questions about God in the afterlife, but that's... That's true. That's true. Tune in. That's invite only. That's invite only.

1:11.0

What can we call that?

1:11.6

Not the Main Street podcast.

1:13.1

We'd call that the Pearly Gate podcast.

1:16.2

Yeah.

1:16.9

Fairly gate.

1:19.0

Yeah.

1:20.3

So, well, I mean, I think this is interesting.

1:24.7

Hopefully you guys do too.

1:25.8

But there's so much that goes into this.

1:28.4

And it's interesting.

1:29.5

I've just, we looked at our website traffic.

1:31.6

And, you know, this is a topic we do in terms of estate planning and helping clients answer these questions and make sure they got this dialed in.

1:39.2

We are all going to die one day.

1:41.7

But it's been seen significant growth on our website. I don't know if it's the

1:46.0

pandemic and we've had more death and more loved ones pass. I don't know what it is, but it's got

1:51.2

a lot of traffic on our website the last month. So we figured we got to get some good content out

1:56.8

there and answer these questions that we know people have. Yeah, and welcome to the show.

2:03.3

Matt and I have actually been doing estate planning for clients for 20 plus years, and we've got

...

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