This episode of "Purposeful Planning" challenges the common misconception that estate planning is only necessary for those with children. Whether you're single, childless, or just curious about the importance of a solid estate plan, join us as we explore why and how everyone should manage their legacy. We'll cover essential elements of estate planning, from wills to advance medical directives, and discuss the implications of not having a plan in place.

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Sources:

1. https://www.americanbar.org/groups/real_property_trust_estate/resources/estate-planning/probate-process/#:~:text=Probate%20laws%20are%20different%20in,for%20small%20or%20simple%20estates.
2. https://www.investopedia.com/terms/p/powerofattorney.asp
3. https://www.hhs.texas.gov/formas/advance-directives
4. https://smartasset.com/retirement/what-is-testamentary-trust
5. https://www.aspenwealthmgmt.com/estate-planning

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice.

This recorded posting utilizes AI generated voiceovers. While the Firm strictly prohibits the use of AI for advisory activities constituting investment advice, financial plans, portfolio analysis and management, and reporting , the use of AI for other purposes, such as voiceovers, is permitted and utilized for the firm’s recordings.

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Dreaming of retiring on the open road? This episode of "Purposeful Planning" is for those envisioning retirement as a journey across the country in an RV. Join us as we delve into the nuances of the RV lifestyle, exploring the joys, costs, and practicalities of life on wheels. Whether you're considering a Class A, B, or C RV or even a tow-behind trailer, we cover what you need to know to make an informed decision and enjoy a secure and satisfying retirement.

Get this briefing hands-free: Subscribe free to this show as a daily Alexa Flash Briefing! Enable the skill here then say, "Alexa, news."

Sources:

1. https://homeguide.com/costs/rv-cost#:~:text=Class%20A%20motorhomes%20cost%20%24100%2C000,challenging%20to%20drive%20and%20park.
2. https://www.bishs.com/blog/travel-trailer-cost/
3. https://www.northerntool.com/products/let-s-go-aero-littlegiant-summithaus-camping-trailer-length-10-ft-width-8-ft-sleeps-4-model-t02035-01410-5521323
4. https://www.cruiseamerica.com/trip-inspiration/rv-gas-mileage
5. https://www.marketwatch.com/guides/insurance-services/cost-of-rv-insurance/#:~:text=Key%20Takeaways%3A,expensive%20as%20%243%2C000%20per%20year.
6. https://www.rvezy.com/
7. https://www.aspenwealthmgmt.com/resource-center/retirement/will-i-have-enough-income

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice.

Hosted on Acast. See acast.com/privacy for more information.

Join us on "Purposeful Planning" as we dissect the timely topic of managing a sudden financial windfall. Whether it's an inheritance, a lottery win, or another form of newfound wealth, it's tough to know where to start. This episode offers a strategic approach for planning your sudden wealth and helping it become a lasting benefit, covering everything from the initial steps after receiving a windfall to long-term wealth management and planning.

Get this briefing hands-free: Subscribe free to this show as a daily Alexa Flash Briefing! Enable the skill here then say, "Alexa, news."

Sources:

1. https://www.investmentnews.com/industry-news/archive/cfp-bets-on-lottery-initiative-5474
2. https://www.amazon.com/Purposeful-Planning-Aspen-Wealth-Management/dp/B0888121RM/
3. https://www.aspenwealthmgmt.com/resource-center/blog/my-ship-came-in-what-do-i-do-now

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice.

Hosted on Acast. See acast.com/privacy for more information.