Ep 89: Estate Planning Vs. Wealth Transfer

In today’s episode, we’re going to discuss the difference between estate planning and wealth transfer. Wade will reflect on Ron Blue’s talk at the Kingdom Advisor’s Conference and discuss some important takeaways. He will then dive into the complexities and benefits of wealth transfer and discuss the important questions you should ask yourself during the asset planning process.

Join us as Wade challenges you to think about passing on your assets thoughtfully. He will highlight the benefits of giving while you’re living and honoring God with the financial decisions that you make. He'll also discuss how to consider family dynamics and individual readiness when deciding to transfer wealth, ensuring that your choices benefit both your family and personal values.

 

Here’s some of what we’ll talk about in this episode:

• What are the differences between estate planning and wealth transfer? (0:57)
• Helping your heirs without harming them. (3:26)
• Three questions to ask yourself before transferring wealth. (5:44)
• Don’t use money to manipulate behavior. (9:34)

 

Listen to Episode 84 with Ron Blue

Get in touch with Chessman Wealth: https://www.chessmanwealth.com/ 

 

The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.

Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.