Welcome to the Stay Wealthy podcast with Taylor Schulte.

This is Jeremy Schneider filling in for Taylor for the month of August.

Today, we're going to talk about the dead box.

Specifically, I'm sharing what is a dead box?

Why having one will save your family time, hassle, heartache, and money,

and how to make one, where to put it, and how to secure it.

If you are someone who's going to die someday, and sadly, I know that you are, so am I.

This episode is for you.

For all the links and resources mentioned in today's episode,

head over to

you staywealthy.com slash 194.

This is the fourth year in a row I'm filling in for Taylor. So nice to see you guys again.

It's a chance for Taylor to go on a break, go on vacation, work on the podcast behind the

scenes, and for me to share my thoughts with his community with you guys. He'll be back on the mic in September with plenty of new episodes, but until then, you are stuck with me. I'll spare everyone the long intro being that I'm almost a regular at this point, but my name is Jeremy Schneider. I'm the founder of Personal Science Club. I'm honored to be here for the fourth summer.

If you want kind of a longer Taylor Schulte intro of me, I was actually interviewed as a guest on his episode all the way back on episode 64, which seems crazy because now we're in episode 194.

And it seemed like a very mature podcast back then. And so time is just fine. But enough about me. Let's get to the task of hand. Today, we're going to talk about the dead box. So what is the dead box? It's actually an important piece of your estate plan. And before we get to the dead box, I want to talk a bit about the concept of estate planning. When I hear the term estate plan, and I think what a lot of people hear

the term estate plan, it kind of evokes these images of offshore Swiss accounts used to evade

the dreaded estate tax. Like, I think people think estate planning is just about avoiding

estate tax, but it's not. And as evidence of that, I'm going to ask you one of my favorite estate planning

trivia questions, a little guessing game. And the question is, what is the federal lifetime estate

tax exemption? This is the amount of money under which no estate taxes do upon your death.

So, for example, if you die and you have X number of dollars,

...