Building Wealthy Habits Ep. 3 – Survivor Checklist

January 29, 2024

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In this episode of Building Wealthy Habits, Laura and Jeremiah provide guidance on financial planning after loss, discussing the emotional challenges of widowhood, the importance of proper planning and titling of assets, tax implications, and determining immediate financial needs as a survivor.

In this episode of the Building Wealthy Habits Podcast, Jeremiah and Laura discuss financial planning for widows and survivors in 2024, noting the large population of baby boomer widows and the emotional challenges they face. They emphasize the importance of having trusted advisors to help navigate finances and provide support after losing a spouse or parent. Jeremiah and Laura highlight proper asset titling and planning to avoid probate and provide liquidity. They also compare scenarios of clients who were and were not properly prepared, noting the benefits of pre-planning. 

This week on Building Wealthy Habits:

  • New Year’s Eve celebration with kids. 0:00
  • Financial planning for widows/survivors in 2024. 1:06
  • Financial planning after loss of spouse or parent. 4:51
  • Managing finances after a loved one’s passing. 9:57
  • Financial planning after loss of a loved one. 14:33
  • Probate, taxes, and estate planning after a loved one’s passing. 18:45

Connect with Jeremiah:

  • LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
  • Email: Jeremiah@tricordadv.com

Connect with Laura:

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