The Unleashed Fiduciary - EP. 152

This episode of the Ditch the Suits focuses on the critical importance of estate planning and the common mistakes people make in this area.

Travis and Steve welcome Jessica Blake, a Senior Wealth Manager and Certified Trust & Fiduciary Advisor (CTFA) from S.E.E.D. Planning Group, with extensive experience in estate planning, to share her insights.

They discuss what constitutes an adequate estate plan and debunk the misconception that it's merely about having a will or life insurance. Jessica emphasizes the value of understanding the intricacies of estate planning, including tax implications and the potential for family conflict when things go awry. She also discusses the significance of the CTFA credential, the role of fiduciaries, and the transition from estate planning to comprehensive financial planning.

You will appreciate Jessica's engaging anecdotes and the collaborative culture at S.E.E.D. Planning Group, which allows for a more holistic approach to financial and estate planning.

Takeaways:

• Estate planning encompasses much more than just creating a will or purchasing life insurance; it's a comprehensive process.
• Having an adequate estate plan is crucial to avoid common mistakes and conflicts among heirs.
• An effective estate planner must understand various aspects, including tax implications and investment strategies.
• The CTFA designation indicates a deep understanding of trusts, fiduciary responsibilities, and estate planning complexities.
• Jessica emphasizes the importance of teamwork and mentorship in providing effective financial planning services.
• Being a fiduciary allows planners to prioritize clients' best interests without corporate constraints.

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Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com

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About Your Co-Hosts:

Travis Maus has been in financial services for over fifteen years. He is a Senior Wealth Manager and Chief Executive Officer at S.E.E.D. Planning Group. Travis also hosts the Unleashing Leadership Podcast, where he dissects some of his favorite books on leadership and how you can apply it to your business or life.

Steve Campbell has over a decade of industry experience and is a Senior Marketing Director at S.E.E.D. Planning Group. Steve also hosts the One Big Thing Podcast, an interview-style show meant to inspire and encourage 30 and 40-year-olds going through difficult seasons of navigating marriage, raising kids, and growing personally.