Estate Planning Isn’t Just for the Wealthy

Video Description

What happens to everything you've worked so hard for — your home, your savings, your family memories — after you're gone? If your answer is “I’m not sure,” the time to start planning is now. In this empowering episode, Jean sits down with Heather Winston, Certified Financial Planner professional of Principal Advised Services, LLC and Assistant Vice President at Principal Financial Group®, to talk all things estate planning; what it can really mean, why it matters, and how to get started, no matter your income level or family structure. 💬 Featuring: Heather Winston, Certified Financial Planner & Assistant Vice President at Principal Financial Group 🎙 Host: Jean Chatzky, Founder of HerMoney ⏱️ Chapters: 0:00 - Introduction 1:35 - Why Estate Planning Isn't Just for the Wealthy 4:49 - The Three Core Concepts: Values, Intentions & Beliefs 6:13 - Essential Documents Everyone Needs 8:18 - When to Get Each Document 9:56 - Living Will vs. Health Care Power of Attorney 12:23 - Planning for Blended Families 14:56 - The Beneficiary Designation Mistake 17:04 - Single Parent Households & Guardianship 19:14 - Planning for Single Adults Without Children 22:15 - The Gift of Leaving Instructions 24:27 - Having "The Talk" with Family 28:49 - Choosing Your Executors and Proxies 34:22 - Legacy Letters & Ethical Wills 37:01 - Closing Thoughts 🔗 Resources & Mentions: 🎯 Find a vetted financial advisor: https://www.hermoney.com/findanadvisor 💬 Join HerMoney’s InvestingFixx Club: https://portal.investingfixx.com/s/ 💼 HerMoney Coaching Programs: https://portal.financefixx.com/coastal/s/ 🙌 Subscribe & Connect 👍 Like this video if it helped you 🔔 Subscribe for more money confidence: @HerMoneyMedia 💬 Comment below: What do you want to ask a financial advisor?