Love, Death & Money listeners, are you prepared for the unexpected? In this episode, Attorney Naz Barouti shares a sobering statistic: 70% of Americans don't have an end-of-life plan, leaving their families to navigate the costly and time-consuming probate process. But it's not just about the financial implications - it's also about control and peace of mind.
Attorney Naz Barouti breaks down the importance of end-of-life planning, explaining how a well-crafted plan can ensure that your assets are distributed according to your wishes, without the need for probate court. He also discusses the common misconceptions surrounding end-of-life planning, including the idea that it's only for the wealthy or that it's too expensive. Naz shares real-life examples of the consequences of not having a plan, including the potential for family conflict and financial strain.
In this episode, Naz also delves into the world of life insurance, discussing the importance of having a plan in place to protect your loved ones. He's joined by Tina Barouti, founder of New Capital Insurance Solutions, who explains the different types of life insurance and how they can be tailored to meet individual needs. From term life insurance to indexed universal life insurance, Tina breaks down the options and shares common misconceptions about life insurance.
Don't miss this eye-opening conversation about the importance of end-of-life planning and life insurance. Tune in to learn how to protect your family's financial future and ensure that your wishes are respected. Listen to the full episode to discover how to create a plan that works for you and your loved ones.

Death Doesn't Discriminate Make a Plan Now
46:22

Don't Rely On AI When It Comes To End Of Life Planning
45:40

Asset Protection Is The Best Protection
46:10