Life Money Balance® Podcast
The Life Money Balance® podcast helps you “let your life lead your money, not your money lead your life” and engage with your journey to create your life's design. The podcast uses compelling conversations that combine money psychology with personal finance topics to improve your well-being and achieve your life aspirations.
Your host Dr. Preston D. Cherry (“Dr. Cherry”), interviews guests and performs solo shows to provide an emotion-safe space where real people engage in real talk and share authentic moments. Let’s chop! Learn more by following @drprestoncherry, Certified Financial Planner, Certified Financial Therapist, University Professor, and Founder & President of Concurrent Financial Planning, www.concurrentfp.com.
Life Money Balance® Podcast
What a TOD Deed Can Do for Your Estate Plan
Inheriting a Home Shouldn’t Be This Hard…
In this episode, Dr. Preston Cherry breaks down why so many families run into legal trouble when passing down their home—and how a Transfer on Death Deed (TODD) can make things much easier.
Takeaways:
• Avoid probate delays
• Keep control while alive
• Name your home’s heir
• Protect emotional legacy
• Pair with a trust
00:00 Intro
00:58 The Importance of Transfer on Death Deeds
01:25 Steps to Implement a TOD Deed
03:01 Limitations and Considerations
04:29 Final Thoughts
Get The Wealth Word — our free weekly newsletter on wealth and well-being: https://wealth.concurrentfp.com/thewealthword
Explore award-winning wealth advisory services:
https://www.concurrentfp.com/
Read Wealth In The Key of Life by Dr. Preston Cherry:
https://drprestoncherry.com/book/
Disclosure: Educational content only. Not financial advice. https://www.concurrentfp.com/disclosures/