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What Happens to Your Money When You Die? | Your Rich Bff Vivian Tu
Description
Vivian Tu, aka CEO and Founder of Your Rich BFF and Ask Dolly (which you can find here: askdolly.com/MHN), has built a career telling millions of people what to do with their money. But building wealth is only half the story. What happens to it when you're gone?
Vivian joins Mary Holland to talk about the money decisions most of us would rather avoid: when you actually need a will, who needs a trust, what happens to your money if you die without a plan, and whether you can really control how your family spends an inheritance from beyond the grave.
She also gets candid about her own money journey - from translating bills for her immigrant parents and trading stocks at J.P. Morgan to becoming BuzzFeed's top salesperson, and leaving corporate America to build Your Rich BFF.
Vivian and Mary get into:
- The financial calculation Vivian made before quitting her corporate job
- The financial advice Vivian has trouble following herself
- Who really needs a will—and how early you should get one
- Whether you need to be rich to have a trust fund
- The wild things people can put into an inheritance
- How wealthy families protect money for future generations
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Produced by Dear Media
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