Wed, 6 September 2023
In this episode, host Chad Burton provides a market update and discusses estate planning. He explains the importance of having a will, trust, power of attorney, and healthcare directive, and addresses the cost associated with these documents. Additionally, he shares that the S&P 500 has seen a rally with a total return of 18.36% for the year.
[00:01:36] Market cap weighted index.
[00:05:21] Weaker dollar and international positions.
[00:08:22] Inverted yield curve.
[00:11:22] Roth 401k and tax breaks.
[00:17:06] Roth contributions and tax deductions.
[00:19:07] What is an estate plan?
[00:25:02] Power of attorney for digital assets.
[00:26:09] Incapacity and healthcare directive.
[00:30:55] Leaving money for kids.
[00:34:06] Fully discretionary trust.
[00:36:40] Financially screwing up kids.
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Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com