Sep 3, 2021
Financial planning gets more complicated as you move through life and questions will undoubtedly arise along the way. Today we’ll answer a few of the submissions from pre-retirees and retirees dealing with financial and estate planning issues and provide as much information as we can.
As part of our summer podcast series, we're going back to the most popular topics of the past year and revisiting them once again.
Read more and get additional financial resources here: https://johnsonbrunetti.com/financial-estate-planning-questions-facing-families/
What we discuss on this episode:
0:21 – Mailbag Question 1: I’ve been very blessed and have more than I’ll probably need in my life. Should I start giving away money to my kids and grandkids now so they don’t have to worry as much about estate taxes and probate costs?
2:05 – Mailbag Question 2: I’m thinking about getting married to someone 12 years old than me. I’m worried about what happens if he’s retired and I’m still working. Will this be a problem financially?
4:29 – Mailbag Question 3: I’m in the middle of a divorce after 30 years of marriage. Would I be better off with half of his 401k or half of his pension?
6:11 – Mailbag Question 4: My husband and I argue almost everyday about money because we haven’t done a good job of planning and it’s stressing us out. Is this normal or do we need some serious help?
8:16 – Mailbag Question 5: I’m the executor of my deceased mother’s will and my sister is currently living in mom’s house. I don’t want to kick her out but I think I might need the money from the sale to fund my retirement. How do I figure out if I’m okay with what I have or if I need to kick my sister out?
9:57 – Mailbag Question 6: My dad just died six months ago and I’m a little worried about my mom, who is in her late 70s and is now in charge of handling the investments for the first time in her life. I don’t know much about it myself so what should I tell her to do?
11:45 – How can someone take advantage of the Money Map review process?