Journey To Launch : Personal Finance, Early Retirement & Business

Passing down generational wealth is extremely important. The best way to make sure that wealth is passed down for generations to come is through proper estate planning. Art Steele, Estate Planner and the podcaster behind The Legalese for Entrepreneurs Podcast, has an incredible story about how she came to choose her career and the epiphany that caused her to realize the significance generational wealth within in the black community. In this episode, we talk about: Understanding the racial wealth gap Why personal behavior cannot close the racial wealth gap The significance of estate planning in the black community (and all communities) How considering the “value of your life” helps with planning your estate What having an estate plan involves The legal documents required to make decisions for end of life care The roles of a financial planner and an estate planner The importance of leaving behind a will How proper estate planning can benefit generations beyond your children The significance of a trust with inh