Estate Planning: Where to Begin and What to Expect with Terri Jones

Today we are so pleased to welcome back the first repeat guest to 50, Now What!? Terri Jones. The first conversation about financial planning for retirement was so impactful, that we just had to come back and continue! 

Today, Alicia and Terri dive into another important part of life that you should not wait to address - estate planning. This is a large, slow process that can be very intimidating, luckily we have Terri to break it down. They talk about some of the best places to start when estate planning, the most common details that are overlooked in this process, how to properly establish your wishes when you are incapacitated, and many other incredibly important topics when planning out the path for what happens when we’re gone. 

This is not a conversation to be afraid of, rather to be embraced with the support of Terri, Alicia, and the other people in your life that can walk with you through this process. 

1:09 Terri Introduction 

3:42 Estate Planning & Wills 

8:47 Overcoming the Overwhelming Estate Planning Process

13:24 Overlooked Estate Planning Responsibilities

17:20 Establishing Your Wishes when Incapacitated 

21:40 Planning for the Future Once Loved Ones Pass On

29:48 Building and Updated your Resources

33:53 Legacy Planning and Generational Wealth

37:13 Drafting your Will

39:10 Estate Planning Mistakes, Final Words of Wisdom

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