In this episode, I sit down with Joe Clark, CFP®, to talk about a topic that’s crucial but often ignored by young adults: estate planning. I know, it sounds like something for older folks, but trust me, there are simple, powerful steps you can take right now to make sure your assets go where you want them to go. We break down the jargon, simplify the process, and share real-life examples of why this matters way more than you think. Whether you’re single, married, have kids, or just starting out financially, this episode is for you.
💰 This Week’s Money Talking Points
How can you get started with estate planning?
What are some of the documents and terms you need to be aware of with estate planning?
How can you bring up estate planning to older members of your family?
⏱️ Episode Timestamps
03:00 – What is estate planning, really?
04:30 – Wills explained
06:00 – The importance of how your assets are titled
07:00 – Probate & how to avoid it
10:00 – Are beneficiary designations enough?
13:00 – Naming a guardian for your children
14:00 – Healthcare directives and power of attorney
17:00 – The Cheesecake Factory analogy
19:00 – Estate planning as an evolving process
21:00 – Joe’s biggest lesson learned in his 20s
📚 Resources & Mentions
Joe Clark’s website: YourLifeAfterWork.com
Book recommendations:
- Atomic Habits by James Clear
- Tiny Habits by BJ Fogg
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"Upbeat Forever" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 http://creativecommons.org/licenses/by/3.0/
Want to be a guest on Money Talk? Send Skyler Fleming a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1636686037273x290834786321762400
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