What happens if you die without a will? We get into the real-life consequences of not having your estate plan sorted -family fallouts, lost inheritances, and fortunes in limbo. We go through what makes a valid will, how to get one done properly, and why putting one in place now could save your loved ones years of pain later.On this episode, we discuss:(00:00) Intro(00:48) Why Most People Put Off Making a Will(02:57) A Real-Life Family Fallout Over a Will Change(06:38) $3M Estate Dwindled Down By Legal Fees(08:20) What Actually Goes Into a Will?(10:58) Capital Gains Tax & Inheritance, What Happens with Shares, Property, and Tax When Someone Dies(13:45) Why a DIY Will Could Cost You Everything(15:23) Dealing with State Trustees(17:32) When No Will Could Mean the Wrong Person Gets the Money(19:05) Life Insurance vs. Will(21:52) Inheriting Property with a Mortgage: What Happens Next?Check out the free resources from Inovayt here.Send us an email: [email protected] Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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