Host Naz Barouti emphasizes that having an end of life plan is not just for the rich and famous, but for every adult over the age of 18. Without a plan, your family will have to go through probate court, which can take two years or more to complete. This process can be costly, with attorneys taking a percentage of the estate's value, and can leave your family without access to your assets. She also discusses the importance of having a revocable trust, which allows you to control your assets from the grave and put restrictions on how your beneficiaries receive them.

Do You Trust The Government with Your Assets When You Die
45:21

Planning Ahead Lessens The Stress For Your Loved Ones
45:53

Probate Causes Problems When You Don't Have A Plan
45:53