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Jill on Money with Jill Schlesinger

Estate Planning Conversations Part Two

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.61.9K Ratings

🗓️ 12 May 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

There are three basic steps to getting started with the estate planning process. First, you’ll need to get organized by documenting all your assets. From there, you’ll need to think about who you would like to receive your assets when you pass. Finally, you’ll select the individuals that you would like to help oversee the entire process. Joining us this weekend to discuss it all is Pamela Pirone-Benson, Vice President of Advanced Planning at Fidelity.  

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Transcript

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0:00.0

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0:30.0

Welcome to the Jill on Money Show. It's Sunday, May 12th, and we are here this weekend talking

0:39.2

about how to have hard conversations with your loved ones about their money, their

0:44.4

wishes, their estate. We have a special guest. Her name is Pamela Perone Benson.

0:49.6

She's the Vice President of Advanced Planning at Fidelity Investments, and this interview is a paid sponsorship

0:55.1

by Fidelity Investments.

0:57.0

Let's get into this interview with Pamela because we are going to talk about the emotional aspects of providing advice to people who are going through

1:07.3

this estate planning wealth transfer process. Here's the second part of our interview with Pamela Perron Benson.

1:15.0

So I mean given that it is very emotional and having maybe a little minor in psychology

1:21.5

wouldn't hoyt, I think when we're talking inter- a little

1:25.0

shrink slash estate-planing

1:28.0

I want you to put your little shrink slash estate planning attorney hat on right now.

1:31.0

I hear from a lot of people probably because we have an audience of

1:36.2

some very wealthy, some middle, some not so wealthy, but everyone has the same sort of underneath the the hood a little worry about

1:46.3

like I'm not sure I want to just give my kids this money like how can I help my kids out both during my life and after death, but I don't want to

1:59.6

necessarily enable them? And I think it's so tricky.

...

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