Anyone who has assets like a house, cars, investments, etc., plus a spouse and children who doesn't have insurance plus wills, POAs and personal directives is making a big mistake.
Think of it like auto insurance. Would you drive your car without insurance? I hope we agree that would be stupid. Insurance and wills are sort of like that. You hope you won't need them, and you probably won't, but it's very important protection. And use a lawyer. I've seen huge mistakes made because someone cheaped out and did a do-it-yourself will and screwed up. Your loved ones deserve better.
I've been following the advice in the Wealthy Barber for 30 years and I'm proof it does work. That's why I'm the MoneyGuy.
