Faith & Finance with Rob West
The Bible tells us that it’s good to leave an inheritance to our children. How we do that is still a matter of some discussion. While it’s critically important to have a will, there’s a bit more to putting your estate in order. We’ll talk about that today with financial teacher and author Ron Blue.

The Bible tells us that it’s good to leave an inheritance to our children. How we do that is still a matter of some discussion. While it’s critically important to have a will, there’s a bit more to putting your estate in order. We’ll talk about that today with financial teacher and author Ron Blue.
Ron Blue is cofounder of Kingdom Advisors and the author of many books on biblical finance, including Splitting Heirs: Giving Your Money and Things to Your Children Without Ruining Their Lives.
Ron compares estate planning to cooking and following a recipe.
THE ESTATE PLANNING RECIPE
If you bake a pie, you don't just take all the ingredients and throw 'em into a pan and assume that the pie is gonna come out.
You have to take each step in order, from preparation to adding layers, to baking, and topping. With estate planning, you also need to follow a process.
And Ron has identified several steps to the estate planning recipe that need to be followed in sequence:
1. Who? The first step is to figure out who's going to get it. You have to figure out who's going to get it before you make decisions as to how much. It could be to your heirs, to charity, or anyone else, but you must decide the “who” first.

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EVERYONE should go through these steps in their estate planning, regardless of how much you have to give or leave behind!
-How long should you hold onto tax documents and other records?
-What happens to your insurance policy if the insurance company goes out of business?
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