Season Three

EPISODE 29

Episode 29: Ready to Die: Estate Planning 101 feat. Wayne Hood

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Money drama is the last thing people should have to sort through following the death of a loved one. Unfortunately, many of us have heard the stories about families locked in conflict as they try to pool funds to pay for the funeral or memorial service or bickering over who is entitled to family heirlooms or property. Too many of us have firsthand experience with the family fallouts that unfold when a loved one dies. Estate planning can help avoid so much of this.

Estate planning includes the process of documenting your wishes for how you want your assets and personal property distributed upon your death or incapacitation.

 

HIGHLIGHTS

During this conversation, estate planning attorney Wayne Hood highlights:

  • Components of an estate plan including wills, trusts, power of attorney, advance directives, business succession, HIPAA authorization, and beneficiary designations.
  • Why estate planning is something everyone should do, regardless of income level or value of assets.
  • How estate planning can be used to protect and create generational wealth.
  • How estate planning alleviates some of the stress associated with the loss of a loved one.
  • Different considerations for those with children, those with family members who have special needs, and single individuals.
  • The benefits of working with an attorney and other professionals to design an estate plan instead of using an online template.
  • Why it’s important to start estate planning sooner rather than later.

 

CONTENT NOTE
None

 

GUEST

Wayne Hood
Founder and Attorney
Infinite Estate Planning

 

Bio: Wayne is an attorney admitted to practice law since 2017 in D.C., MD, NY and CA (pending). He founded Infinite Estate Planning to help our community learn how to grow generational wealth, increase financial literacy and protect their legacy through collaborative estate planning. He is also a Certified NBPA Player Agent and managing partner at Apply Pressure Management, a sports and entertainment management group, where he provides representation and legal work for his clients. He began his career in labor/employment law interning with labor unions SEIU and AFGE, fighting for workers’ rights.

B.S. and M.A. – Old Dominion University 

Juris Doctor – The Catholic University of America

 

FOR MORE INFORMATION 

  • Listen and subscribe to SheConfidential on your favorite podcast app.
  • Visit https://sheconfidential.com/ for complete episode details including guest information and discussion highlights
  • Follow on Instagram and Facebook @she.confidential

 

NOTE

The information provided on SheConfidential pertaining to your health or wellness, relationships, business/career choices, finances, or any other aspect of your life is not intended to be a substitute for individual consultations, professional advice, diagnosis or treatment rendered by your own provider.

 

ACKNOWLEDGEMENTS

Episode artwork and video production by Eye AM Media https://www.eyeammedia.com/. Follow on Instagram @eyeammedia


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