Ep 11: Estate Planning Advice For Women

<p class="p1"><span class="s1">Whether you are a single, married, divorced or widowed woman, this episode is for you. This week, our special guest is Lynn Michael, an estate planning attorney who knows what challenges and opportunities women face in planning for the future.</span></p> <p class="p1"><span class="s1">“I really like hearing everyone’s stories, because it seems to me that everybody’s got kind of the same fears and the same desires,” said Lynn. “And regardless of where they come from, they want the same outcome. They want what’s best for themselves and for their families. And I get to help people do that every single day.”</span></p> <p class="p1"><span class="s1">Women tend to live longer than men – 81 years on average to men’s 76 years, according to Time magazine – so it’s important for women to be confident and knowledgeable in their family’s finances and other business.</span></p> <p class="p1"><span class="s1">“If they don't have an estate plan of their own, the government is going to come up with one for them,” said Lynn.</span></p> <p class="p1"><span class="s1">Oftentimes, men tend to handle the family’s finances and be more vocal in estate planning meetings, so Lynn encourages women to speak up and participate more. </span></p> <p class="p1"><span class="s1">“Stand up and say, ‘I don't understand,’ or ‘I’d like to understand.’ It doesn't show weakness. It shows you are wise and smart and powerful,” she said.</span></p> <p class="p1"><span class="s1">In this episode, Lynn explains what documents and accounts women need to know about and how to make sure they are listed on the accounts. She also shares what things remarried women need to think about and how to share assets with children and make sure they are protected.</span></p> <p class="p1"><span class="s1">Thanks for listening!</span></p> <p class="p1"> </p> <p class="p1"><span class="s1"><strong>Get additional financial resources here:</strong> <a href= "https://maestrowealth.com/">https://maestrowealth.com/</a> </span></p> <p class="p1">