#432 Answering the Difficult Questions When Estate Planning
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 5 June 2023
⏱️ 34 minutes
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| 0:00.0 | Never name a couple. Always name the person you want to be the guardian of your kids. Some of you out there are like, man, why screw up my kids? I'm not going to leave with my family. Just know you have a lot of flexibility on who gets what and you can really play with it. And that's a good thing. Welcome everybody to this week's episode of the Main Street Business Podcast. My name's Mark Kohler and I'm here with the illustrious Matt Sorenson. |
| 0:22.5 | I'm coming live from this beautiful lake and mountain in Idaho. Matt is in front of the beautiful |
| 0:28.4 | city of Phoenix, and we're going to throw down today an incredible topic on estate and legacy building. |
| 0:36.2 | Yeah. Yeah, this is the legacy month. |
| 0:38.5 | We're talking about building and planning your legacy. |
| 0:41.7 | And we are getting into your estate plan. |
| 0:44.2 | And there are seven questions we've identified that trip people up, |
| 0:50.2 | that get clients confused when they go to do their estate plan. |
| 0:53.1 | We're going to break them down, answer them for you, give you the framework to start thinking about them so you can make these decisions and get your freaking estate plan done. Wasn't it his Brad Pitt movie, Seven Deadly Sins or Seven, I don't know. We didn't want to use the word dead in our title. I don't know. Seven something. Seven. I don't know. I don't know. Seven. Seven something. Seven. |
| 1:11.3 | I don't know. |
| 1:11.9 | You're more than Brad Pitt. |
| 1:13.0 | It's just seven. Okay. We're sticking with that. All right. Well, hey, what, what? Your hater? What? I'm a lover. I'm going to unpack this after the show. Okay. All right, everybody. Let's get to it. Well, I just love Jennifer, you know, and I knew there was a bond there, you know, Jennifer Anderson, Brad Pitt. |
| 1:29.8 | I just, you know, and I knew there was a bond there, you know, Jennifer |
| 1:28.8 | Aniston, Brad Pitt. |
| 1:29.9 | I just, you know, I'm staying tuned. Okay. All right. So let's have a good time here. It's not. I liked Angelina Jolie. So maybe that's why. Oh. Oh. You're on that team. Okay. Maybe that's why I'm not a big, all Brad Pitt. Yeah, that's probably why I'm all sour on Brad Pitt, I guess. |
| 1:45.6 | This is like eclipse or whatever. We've got to team Joshua or whatever. I can never keep them straight. Okay. All right. So everyone, let's get into it. Have a good time. We want to keep it light because no one likes to talk about their estate plan. They love legacy. |
| 2:01.3 | They love building wealth. |
| 2:02.8 | They just think they're never going to die or don't want to think about it. |
| 2:07.8 | But people having a plan and making sure that your wealth that you've worked so hard to build is going to leave a legacy with community, family, friends, |
| 2:20.8 | and your loved ones. It's critical you get involved, you get engaged. So we're getting at these |
| 2:28.0 | seven questions that need to be answered in order to finish the process. And that way you can start thinking about |
| 2:35.3 | them this weekend. You can go out to dinner and have a great conversation and talk about some of |
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