#1 is why I’d never let my savings sit around earning pennies. Comment “HYSA” and I’ll send you the bank I love + details on the up to $400 welcome bonus 👇
#7 is why I created the Sorry I’m Dead, Now What?™ Kit. Comment “YES” and I’ll send you access.
Here’s what you need to know:
1️⃣ High-yield savings accounts can pay WAY more interest than traditional savings accounts. Don’t leave free money on the table.
2️⃣ POD beneficiaries override your will. Your account generally goes directly to whoever you named, regardless of what your will says.
3️⃣ Your bank accounts could be frozen when you die. Accounts in your name alone may be inaccessible until someone gets legal authority. A properly funded living trust can help your family avoid probate and access delays.
4️⃣ Safe deposit boxes can be locked up. Your family may need court authorization to access important documents.
5️⃣ Adding your kids to your accounts is risky. Joint ownership could expose your money to their creditors, lawsuits, or divorce. A properly structured trust can provide access and inheritance protections without making them joint owners.
6️⃣ Your power of attorney dies with you. It stops working immediately at death, even if it’s durable.
7️⃣ Your family can’t claim money they don’t know exists. Forgotten accounts and insurance policies can go unclaimed for years. #estateplanning #savings
#7 is why I created the Sorry I’m Dead, Now What?™ Kit. Comment “YES” and I’ll send you access.
Here’s what you need to know:
1️⃣ High-yield savings accounts can pay WAY more interest than traditional savings accounts. Don’t leave free money on the table.
2️⃣ POD beneficiaries override your will. Your account generally goes directly to whoever you named, regardless of what your will says.
3️⃣ Your bank accounts could be frozen when you die. Accounts in your name alone may be inaccessible until someone gets legal authority. A properly funded living trust can help your family avoid probate and access delays.
4️⃣ Safe deposit boxes can be locked up. Your family may need court authorization to access important documents.
5️⃣ Adding your kids to your accounts is risky. Joint ownership could expose your money to their creditors, lawsuits, or divorce. A properly structured trust can provide access and inheritance protections without making them joint owners.
6️⃣ Your power of attorney dies with you. It stops working immediately at death, even if it’s durable.
7️⃣ Your family can’t claim money they don’t know exists. Forgotten accounts and insurance policies can go unclaimed for years. #estateplanning #savings
761