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Optimal Finance Daily - Financial Independence and Money Advice

3333: What Happens if I Die Without Creating a Will by Vicki Cook and Amy Blacklock of Women Who Money

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 28 October 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3333: Vicki Cook and Amy Blacklock break down what really happens if you die without a will, highlighting how state laws, not your loved ones, could dictate who inherits your assets. From risking your partner being excluded to losing control over your children’s guardianship, they explain why creating and updating a will is essential for protecting your legacy and easing the burden on those you leave behind. Read along with the original article(s) here: https://womenwhomoney.com/die-without-creating-will/ Quotes to ponder: "A will is an essential part of building a solid financial house and you'll likely need one to protect your assets and your loved ones." "When in doubt, seek legal advice to make sure your will is valid and you're protecting your heirs." "Having all your stuff organized is going to be a huge help to your loved ones, who will likely need to figure this stuff out during a very emotional time." Episode references: RocketLawyer: https://www.rocketlawyer.com Trust & Will: https://trustandwill.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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The economist know which ways up.

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Achieving 96% refining operating availability.

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0:36.6

Helping to drive efficiency, reliability, and production to

0:40.9

safely deliver for customers. Learn more at BP.com forward slash strategy at work.

0:51.2

This is Optimal Finance Daily. What happens if I die without creating a will by Vicki Cook and Amy Blacklock of

0:59.3

Women Who Money.com. If you've not yet created a will, it's probably because you aren't wanting to think about death,

1:07.8

or perhaps you're procrastinating or don't think you need one. Unless you have no

1:12.3

assets, possessions, or children, or you don't care what happens with everything you own after you die,

1:17.9

there's a good chance you'll want to create a will soon. Maybe you're just assuming your possessions

1:22.8

and assets will transfer to your spouse, partner, parents, kids, or the closest family member if you die.

1:29.0

Someone will get your money and things to the right person or people, right? That could happen,

1:34.1

but if you die without a legal will, you are intestate. What does intestate mean?

1:41.4

Dying in intestancy means an administrator from the probate court will distribute your assets,

1:47.8

not the people who are closest to you. Laws vary by state, but each state has a plan or formula

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