Absolute Trust Talk

127: Understanding Multigenerational Estate Planning Part 2


Listen Later

Welcome back! In our last episode of Absolute Trust Talk, we were joined by expert psychotherapist and certified coach Tess Brigham, MFT, BCC, to discuss the differences between generations and, more specifically, examine the unique dynamics between Baby Boomer parents and Millennial children.

In this episode, we continue our conversation with Tess, focusing on the interactions between Gen X parents and Gen Z children. These two generations are very interesting as Gen Xers were heavily influenced by events like the Persian Gulf War, the women's movement, and high divorce rates. As Tess points out, this generation is a very "figure it out on your own" group. Whereas Gen Zers are true digital natives and have no real concept of life before technology. We hope you will listen in as we talk about how these generations' unique experiences shaped their approach to estate planning. Plus, we share some special insights from real client stories!

Time-stamped Show Notes:

0:00 Introduction

1:19 To kick off the episode, Tess gives us a little background refresher on what types of events and movements had an impact on these two generations.

7:30 One way the younger generations differ from the older ones, in terms of estate planning, is how they consider the possibility of divorce and whether they want to burden their children with responsibility. Listen in to learn more!

10:55 We're likely all familiar with the stereotype that the oldest daughter always gets the responsibility of taking care of her parents, but will this continue with the newer generations?

14:05 At the end of the day, women are biologically and evolutionarily designed to care for family, so perhaps we won't see a change in the oldest-daughter-caretaker stereotype after all. Only time will tell!

15:29 As we wrap up the show, we highlight why it's important to analyze how these heavy conversations play out among generations.

Take the Next Step in Your Estate Planning Journey

If this episode resonated with you, we'd love to help you with your own estate planning needs in California. Schedule a complimentary discovery call with our team at Absolute Trust Counsel. During this no-obligation conversation, we'll:

  1. Learn about your unique situation and goals
  2. Answer questions about our services
  3. Determine if we're the right fit to work together

Visit https://absolutetrustcounsel.com/scheduling/ or call 925-943-2740 to schedule your free discovery call today.

Follow and Review:

We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select "Ratings and Reviews" and "Write a Review" then a quick line with your favorite part of the episode. It only takes a couple second and it helps spread the word about the podcast.

Episode Credits: The Absolute Trust Talk podcast is brought to you with the help of Q2Mark, led by Chief Marketing Officer Susie Hays. Since 2016, Q2Mark has partnered with Absolute Trust Counsel on all marketing communications—from brand development and website design to this podcast series with over 192 episodes, social media management, video production, and more. If you're business owner looking for comprehensive marketing support, visit Q2Mark.com.

...more
View all episodesView all episodes
Download on the App Store

Absolute Trust TalkBy Kirsten Howe: Attorney and podcaster

  • 5
  • 5
  • 5
  • 5
  • 5

5

22 ratings


More shows like Absolute Trust Talk

View all
The Ramsey Show by Ramsey Network

The Ramsey Show

39,083 Listeners

The Daily by The New York Times

The Daily

112,572 Listeners

Up First from NPR by NPR

Up First from NPR

56,563 Listeners

Turn Autism Around by Dr. Mary Barbera

Turn Autism Around

342 Listeners

Estate Planning Strategies by Christopher Small

Estate Planning Strategies

47 Listeners

Frequent Miler on the Air by Frequent Miler

Frequent Miler on the Air

638 Listeners

Chasing Life by CNN Podcasts

Chasing Life

8,194 Listeners

Geobreeze Travel by Julia Menez

Geobreeze Travel

406 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

15,995 Listeners

HER Style Podcast | Shopping, Color Palettes, Fashion, Wardrobe, Outfits, Clothing by Heather Riggs - Stylist, Image Consultant & Color Analyst for Women

HER Style Podcast | Shopping, Color Palettes, Fashion, Wardrobe, Outfits, Clothing

169 Listeners