As I continue my journey of estate planning which I wrote about here initially, I came across an informative and interesting video. The video highlights some things that should be left OUT of a Will such as guns, time shares, HSA accounts, and businesses.
It’s a great video to watch to at least get into the right mindset about estate planning. I think many of us assume that ALL the assets will simply transfer to your loved ones but it may not be a good idea to transfer everything.
A complimentary video to the one above is the Swedish Death Cleaning video from the Retirement Travelers. This couple sold everything off and asked their kids to pick up the items they wanted and go rid of everything when starting to travel the world.
There is lots to think about here and in both video instances, the estate planning journey is going to take a year or more to plan and execute.
Share The Wealth
Have you done estate planning and Swedish death cleaning? Let me know in the comments below.