How Do I Create an Affordable Estate Plan?
Money Girl
Macmillan Holdings, LLC
4.6 • 1.8K Ratings
🗓️ 26 September 2025
⏱️ 19 minutes
🧾️ Download transcript
Summary
961. Laura answers a listener's question about creating a complete and affordable estate plan to protect their heirs.
Find a transcript here.
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Transcript
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| 0:00.0 | Hello, everyone. Welcome back. It's Finance Friday, another special edition of Money Girl. |
| 0:10.5 | This is the show where I answer your burning money questions each week. And today's topic comes from an anonymous source who says, |
| 0:19.5 | my mother recently died and left a financial mess for my sister and me to |
| 0:24.8 | untangle. I don't want to do that to my kids. My husband and I both have wills, but we could |
| 0:31.3 | probably do more to be better prepared. What steps should we take to create an affordable estate plan for our eventual passing? |
| 0:42.2 | I really appreciate this anonymous question. Managing a loved one's estate while you're grieving |
| 0:49.4 | their loss can be especially difficult. While there's no law that says you have to have a will or do any |
| 0:57.3 | estate planning, getting organized for the sake of your loved ones is admirable. |
| 1:03.7 | This podcast will review affordable estate strategies that go beyond having a basic will. I'll discuss how a little upfront planning can save |
| 1:13.5 | time and money for those who inherit your assets. Additionally, I'll cover actions you can take |
| 1:19.6 | that go beyond creating traditional emergency documents to make life a whole lot easier for your |
| 1:26.0 | beneficiaries. If you're new here, I'm Laura Adams, |
| 1:30.0 | an award-winning author, on-camera spokesperson, money speaker, and founder of The Money Stack. That's my |
| 1:37.6 | sub-stack newsletter. You can learn more, ask your money question, and sign up for the Moneystack |
| 1:44.0 | when you visit laura d adams.com. |
| 1:47.2 | You can get the newsletter for free or become a paid member with access to my live |
| 1:51.8 | educational and Q&A events when you sign up for the money stack. Additionally, you can ask a |
| 1:57.9 | money question by leaving a voicemail at 302-364-0308. |
| 2:04.3 | I love getting your questions. |
| 2:06.0 | I think they add a whole lot to the show, so please keep them coming. |
| 2:09.7 | All right, let's talk about an estate plan. |
| 2:12.0 | You know, what exactly does that mean? |
... |
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