963: Friday Q&A: Ladybird Deed, Banking in Canada, Why You Should Have a Family Bank

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.2 • 1.9K Ratings

🗓️ 8 September 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today's Q&A show we discuss:

1:00 Should I do a Ladybird Deed on my Florida house?
14:27 How do I open a bank account in Canada?
36:11 Why should I set up a "family bank"?

Enjoy!

Joshua

Join me on next week's Q&A show: https://patreon.com/radicalpersonalfinance

Come to Panama with me in January! https://expatmoney.com/radical

Transcript

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0:00.0	Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge,
0:04.5	skills, insight, and encouragement you need to live a rich and meaningful life now, while
0:08.4	building a plan for financial freedom in 10 years or less.
0:11.2	My name is Joshua Sheet, I'm your host today, it's Friday, September 8, 2023, and on this
0:16.6	Friday, as we do on any Friday, when I can set up the microphone and computer system
0:20.2	and everything, we do a live Q&A show.
0:22.5	You call in, ask me about anything that you'd like to discuss on the show, you're welcome
0:26.4	to ask any questions, comments, bring up anything that you would like to chat with me.
0:30.3	If you'd like to gain access to one of these shows, go to Patreon, look for Radical Personal
0:34.1	Finance, sign up to support the show there on Patreon at patreon.com, such as Radical Personal
0:38.6	Finance, and that will gain you access to one of these shows.
0:41.6	We begin in the great state of Florida, welcome to the show, how can I serve you today?
0:44.8	Hi, Joshua, I wanted to learn about the Ladybird Geeps, what are the pros and cons, you
0:54.4	know anything about it in Florida, it seems like a good way to transfer house on passing
1:04.2	or like a transfer in depth, designation, but other than that, if you know of any other
1:11.9	alternatives to that.
1:14.4	What was you wanted to know about, what?
1:17.7	Ladybird Geeps in Florida, so it's a way to pass the Ladybird Geeds.
1:24.2	I don't know anything about a Ladybird deed by that name, is there a more official name
1:31.9	or something that it's called?
1:34.1	I don't like the living estate trust.
1:37.1	Okay.
	...

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