Money Rules That Can Protect Your Family After You Die | Vivian Tu

Vivian Tu, aka CEO and Founder of Your Rich BFF and Ask Dolly (which you can find here: http://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 Chapters: 00:00 How Vivian Quit Wall Street & Built $7M Platform 03:40 The Abercrombie Fight That Changed My Mindset 08:38 Saving $100k Cash Runway Before Quitting My Job 11:03 Why Traditional Financial Advisors Fail Young People 17:22 Estate Planning 101: Wills vs. Trusts Explained 25:35 Demystifying Trust Funds & Rules For Inheritance 28:16 How Rich People Control Money From Beyond 30:25 Opening Accounts & Building Credit For Kids Early 40:24 Top Legal Tax Hacks Used By The Ultra-Wealthy 42:05 Why Health Savings Accounts (HSAs) Build Wealth Produced by ‪@DearMediaStudio‬ About Growing Interest: On ‘Growing Interest’, join Mary Holland Nader as she explores her curiosity and passion for how psychology, habits, and real-life behaviors shape how we earn and spend. Through thoughtful conversations with experts, professionals, and her friends - plus behind-the-scenes insights from her own life as an investment manager, founder, and reality personality - each episode will deliver practical, doable shifts that make financial wellness feel less overwhelming and more human. New Episodes are out every Tuesday. Keep Growing Your Interest 🌱 Have a money question, topic, or guest you want us to dig into? Email us at growinginterestpodcast@gmail.com Watch + Follow Growing Interest YouTube: @GrowingInterest Instagram: @GrowingInterestWithMaryHolland TikTok: @GrowingInterestPodcast Keep Up With Mary Holland Instagram: @MaryHolland TikTok: @Mae LinkedIn: @MaryHolland A Little More Interest 💸 Sign up for the Mary & Pip finance app waitlist Get the free Mary & Pip newsletter Visit MaryandPip.com DISCLOSURE: This podcast is for informational purposes only and does not constitute investment, financial, legal, or tax advice. All investing involves risk, including loss of principal. Guests and the host may own securities discussed on this show, and nothing said here is a recommendation to buy or sell any security. Always do your own research and consult a licensed financial advisor before making financial decisions. This podcast is not produced, reviewed, or endorsed by Mary & Pip Investments LLC, a registered investment advisor, nor its affiliates. Nothing said here reflects the views, advice, or services of that firm.