What You Should Know About Assets After Death

May 16, 2022

Even if you’re one of the over 50% of Americans who doesn’t enjoy planning for their death, starting a plan today will allow your beneficiaries to avoid the challenges caused by a lack of information and preparation.

In this episode, Iván Watanabe and Rob Pruett dive into one of the most important topics in financial planning: What happens to assets after death. Together, they share examples of dividing assets between spouses, the legalities of estate planning, and creating a legacy you can witness.

Rob discusses:

• The importance of updating your executor and power of attorney
• How assets can become locked up after death
• Why you should start your legacy sooner rather than later
• The shifting taxation of estate planning
• And more!