Just thinking about your own death is hard enough, but plunking down cold hard cash about it is almost too much to think about. Today I'm going to give you specific steps to get your will & living trust created, no matter your budget!

This post is inspired by my post on creating a Living Trust. You can find it right here: https://www.pullingcurls.com/will-living-trust/

Big thanks to our sponsor Family Routines -- if things like wills/trust get you crazy inside, simplifying family life will help you a ton!

NOTE: In this episode, a couple of times I say "living will" but I mean living trust. A living will is about making healthcare decisions, a living trust sets up a trust for your family. Sorry about that.

Mentioned in this Episode:

Giving Docs provided our will for free.The paralegal we usedTrust & Will or Legal Zoom are good online options to create your trust there.Be sure to grab my checklist here:

Producer: Drew Erickson

Transcription:

Hilary Erickson 0:00
Hey guys, welcome back to the pulling culrs podcast today on episode 15. We're talking about wills, trusts, boring stuff, please don't fall asleep. It's actually something that I'm really passionate about because I think hardly anyone has one and they're so important. And I also believe that the world makes it so difficult. I would read emails or posts from companies who wanted me to create one and my eyes would glaze over and it just seems so hard. So today I'm going to give you some ideas about how to create a living trust. I'm going to give you tell you the difference between a living trust and a will and when you need one or the other. And I'm also going to tell you that if you don't have enough money to create a living trust because it is some money that you're gonna have to fork over some things you can do to get started on it without forking over the cash so let's untangle it.

Welcome to the pulling curls podcast where we untangle everything from pregnancy parenting home routines, even some family travel because habits knows our lives are tangled. I'm your host, Hilary Erickson.

So at the time of recording, I am 43. And I just was feeling those years tickk away and I saw horrible things happen to people around me. And I started to get really worried about what would happen if something happened to me. And I just said mulled it over for a long time and I kind of asked on Facebook, Hey, does anybody have a will. And it was like crickets, like a lot of people really wanted a will. But most people didn't have them. A lot of people had a will. So let's, let's talk a little bit about a will and what a will is good for. And then also, we're going to talk today about a living trust and what a living trust is good for.

So we had a will, I should say we had a well, we got a free one through I think it's giving docs where you can assign who's supposed to get the money after you die and a guardian for your children and Wills are pretty easy. There's a lot of places to make a will online. And so I would 100% recommend that anyone who has children has a will that sets up who the guardian of your child should be should you pass away But a will isn't enough. And I didn't really know that I'd heard all these people who had a trust and it sounded so fancy like you would only need a trust if you had a million dollars to give to your kids. But it turns out everybody who owns a home pretty much needs a living trust. So if you are young and you have a baby and you rent and you have just 401k is you're probably good with a will.