Give Your Family the Gift of an Estate Plan, and Ask the Same of Them

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 23 May 2026

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bad news, Fools: You and everyone you know is going to eventually pass away. And before then, you or the people you love may become physically or mentally incapacitated. But despite these certainties and possibilities, most people don’t have an estate plan, and if they do, it’s often outdated. Robert Brokamp speaks with attorney Jill Mastroianni, the host of the Death Readiness podcast, about how to protect your assets, your family, and yourself with an updated estate plan.Also in this episode:-Interest rates all over the world are rising, and bond prices are falling.-You likely pay your financial advisor more than you pay your doctor. Are you getting your money’s worth?-After more than 25 years, Intel finally exceeded its dot-com peak. It just goes to show: While the overall U.S. stock market usually recovers from a bear market in a few years, individual stocks are a very different story.-One widow knew exactly what to do when her husband died because he created and regularly updated a “Letter From Your Dead Husband” while he was still alive. Host: Robert Brokamp, CFP®, EAGuest: Jill MastroianniEngineer: Bart Shannon Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement.We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	How to prepare for when you're not able to manage your money, temporarily or eternally.
0:07.5	That and more on this Saturday, personal finance edition of the Motley Fool of Hidden Gems Investing podcast.
0:18.9	I'm Robert ProCamp.
0:20.1	And this week, I speak with Attorney Jill Mastriani about why you and everyone in your family should get an estate plan.
0:25.5	But first, some headlines from the past week, starting with interest rates jumping to levels not seen in years.
0:30.1	The yield on the 10-year treasury reached 4.6%, and the yield on the 30-year treasury got over 5.2%.
0:35.8	The highest rate in two decades. Perhaps most noteworthy is that the
0:39.2	yield on the two-year Treasury has spiked from 3.4% before the start of the war in Iran to now over
0:43.8	4%. The two-year treasuries often consider the bond market's prediction of where the Federal Reserve
0:48.9	will or should be headed, and if it's right, the Fed will more likely to be raising rates than cutting
0:53.9	them over the next year or so.
0:56.1	Higher rates aren't just an American phenomenon.
0:58.3	Yields around the world are going out.
0:59.9	For example, yields in Germany are at levels not seen since 2011.
1:03.6	In the UK, rates are as high as they were in 2008.
1:06.3	And in Japan, rates are at levels not seen since 1997.
1:12.9	The global bond market is likely responding to rising inflation and rising government in debtness, both of which can increase the riskiness
1:17.1	of bonds, leading some investors to sell their bonds, and prospective investors to demand higher
1:22.2	rates to compensate for the risks. As rates rise, bond prices fall, which is why the overall bond market is actually
1:28.3	down slightly for the year. It's because of times like these that I believe you should keep any
1:32.7	money you need in the next year or two in cash and not in stocks or bonds. And to find high-yielding
1:38.5	savings accounts for your cash, visit motley full money at full.com forward slash money. Now, rising rates
	...

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