Do I really need a will? A hard but important chat. Law for mummies not dummies, with - Tess, wills and estate lawyer
About this episode
This episode discusses the importance of having a will and estate planning for parents, featuring insights from lawyer Tessa.
Have you written a Will? This episode has been *highly* requested by Bumpies so we spoke to Tessa from Lyden Lane to discuss estate planning and future-proofing for our children after we are gone. Yes, it feels confronting but we know we need to adult-up and get it done for the benefit of our family. We discuss… What actually is a Will? What happens if you pass away without one? And is it just needed when one parent dies or both!? Does debt get passed down if it’s not paid off? Boomer wealth, granny flats, intergenerational living and the Bank of Mum and Dad Divorce - does it impact a Will? The toughest part - who will care for your kids!? We were both in SHOCK with just how complex this decision is legally The up front cost of estate planning How superannuation might be an asset you hadn’t considered Tessa shares the voice note she’s leaving behind for her kids - we were not okay! So, where do we begin if we want to set up an estate plan after today? If you’d like to, find out more from Tessa at Lyden Lane’s website here. Whilst there's been so much important information shared in this episode, it is shared as general information for education purposes only. Bumpies should not…
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