Modern Wealth Management - Episode 10 (Entrepreneurs: Here's Why You Need an Estate Plan!)

Modern Wealth Management

Feb 1 2022 • 25 mins

If you are like many business owners, you’re looking out for more than just the financial health of your company. You also want to take care of your family and loved ones by providing for them and setting them up for rewarding lives of their own. In the latest installment of Modern Wealth Management, Darrick and Ryan are exploring how proactive estate planning can help you pursue these goals and build an amazing life of significance. Too often estate plans can become outdated. Listen as we showcase the steps you can take to ensure your plan is current and capable of supporting you and your goals. Timecodes: 0:07 - Introduction and overview on the topic of the day 2:27 - The roll of estate planning in the life of an entrepreneur 4:52 - Most people have a plan in place, but the plan is really outdated 8:19 - The downfalls of having an outdated estate plan 10:38 - An example of how an outdated plan can put an entrepreneur in jeopardy 15:02 - The first steps into updating your estate plan overall 17:48 - The initial conversation when reviewing someone's existing estate plan 20:46 - What should someone be on the lookout for when updating their estate plan 22:40 - How you can get in touch with the team at Monon Wealth Management for more information 24:06 - Closing remarks Connect with Darrick and Ray: (Website) (Facebook) (LinkedIn)