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Things To Consider When Building Intergeneration Wealth With Portia Wood

Things To Consider When Building Intergeneration Wealth With Portia Wood

FromThe His and Her Money Show


Things To Consider When Building Intergeneration Wealth With Portia Wood

FromThe His and Her Money Show

ratings:
Length:
38 minutes
Released:
Oct 5, 2022
Format:
Podcast episode

Description

The topic of the day is generational wealth. We are pleased to be joined by Portia Wood, an estate attorney. She‘s an expert and shares her knowledge with us on the things we need to consider that we may not be considering when it comes to our efforts to build generational wealth.  Portia believes that intergenerational wealth is everyone's right, not a privilege reserved for the wealthy. The ability to pass on one's wealth is crucial to building intergenerational wealth. Achieving wealth takes more than just hard work and skill. And it takes a plan that balances today's needs with tomorrow's security. Creating a plan is the first step toward building wealth.   What You Will Learn: How Portia found herself practicing as an estate attorney. The definition of generational wealth. Who is eligible to have a Trust. Best practices of establishing a Trust. Advice for a single person with no kids. Basics of estate planning. Types of conversations to have with kids to prepare their mindset for entrepreneurship. How families should teach kids the aspects of wealth. The Role of estate attorneys Connect with the Wood Legal Group Linkedin Website Instagram Facebook Twitter  
Released:
Oct 5, 2022
Format:
Podcast episode

Titles in the series (100)

In this podcast, we equip you to find the balance between managing your money, your marriage and everything in between. We are on the journey to financial independence, and this podcast serves as your ticket to take this ride too. Our goal is to help each one of you to build wealth, and become completely debt free! We discuss numerous personal finance topics such as debt elimination, money-saving strategies, budgeting techniques, credit repair, investments, and much more. It's not just about money though, we also tackle topics that are built to build powerful family structures such as, organization skills, time management, faith, and so much more!