Every financial plan has risks. Some are easy to spot, while others—such as mistitled assets—take more work to uncover. But it’s important to identify all your plan’s risks because they’re all related: A risk in your estate plan, for example, might affect your investments. In this episode of our podcast “I’ve Been Meaning To Do That,” the latest in our “Life Happens” series, host Oscarlyn Elder talks to Truist Wealth’s Christin Kennedy and Bart Pyle about how to identify and manage the risks in your financial plan. They discuss (time stamps are approximate):

• Introduction of Christin and Bart (1:31)

• Defining risk (3:10)

• Risk as a five-point star (6:38)

• Will-based vs. trust-based plans (11:49)

• Advanced wealth-planning tools (15:42)

• Asset protection basics (23:25)

• Legal protections for property (27:50)

• What Christin and Bart have been meaning to do (33:35)

• Final thoughts from Oscarlyn (35:28)

The podcast team has created a template for taking notes on each episode. You can find it at Truist.com/resources/wealth/financial-planning/life-happens-make-sure-you-are-protected.

Have a question for Oscarlyn or her guests? Email [email protected].