WT008: Protecting Your Assets [The Roof]

In today’s episode Kevin & Christian talk about the roof that sits upon the 7 pillars which were discussed in Episode 007, and the Foundation discussed in Episode 004 [D.E.B.I.T.S]. The roof consists of a few protective documents which for a few hundred pounds to put in place - will ensure that your assets are protected and ‘watertight’, and ensure you are not leaving family members or business partners with potentially difficult and unpleasant situations to have to deal with after you pass on. 

In this episode of WealthTalk, Christian and Kevin discuss:

• The importance of having a will
• Power of Attorney
• Knowing what would happen in the worst case scenario if you are in business with somebody else
• The use of trusts
• How to have the government pay part of your life insurance premium via tax relief
• Joint Tenants vs Tenants In Common - and why you should know which applies to you

Links and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk

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