Inheritance, Wills, and The Cost of Not Planning Ahead

Wills Week is approaching! And after recently coming into some inheritance myself, I thought what better an opportunity than to discuss it right here on the podcast! Joining me for this week's discussion is Catherine Simpson from Public Trust, and later on, Shelley Palman from enable.me! Unpack everything you need to know about wills, estates, inheritance, executors, and why having a plan in place can save your family months, or even years, of stress. We talk through the biggest misconceptions, what happens if no will exists, how long estates really take to settle, and why naming the right executor matters more than most people realise. We also cover trusts, pets in wills, leaving money to charity, blended families, family disputes and the surprisingly common mistakes that can create expensive legal battles. Whether you've just bought your first home, started a family or simply keep putting it off, this episode is a practical guide to one of the most important pieces of financial planning you'll ever do. A message from Public Trust: This Wills Week (13-19 July) Public Trust is encouraging Kiwi to take a fresh look at how they plan for the future – including what happens to their pets when they pass away. A little planning now can help ensure your pet is looked after in the way you would want, giving you peace of mind for their future. Find out more at https://www.publictrust.co.nz/willsweek/ Powered by enable.me - Financial coaching and strategic advice. Pay down debt. Grow wealth. Retire well.