Your estate plan needs to be as individual as you. In this episode of I’ve Been Meaning To Do That, host Oscarlyn Elder sits down with Trista Shigley, Fiduciary Division Director of Truist Trust and Estate Planning Group, to discuss how estate planning done right not only grants future generations with a legacy, but also reflects who your family is. They discuss (time stamps are approximate):

Defining your values and your wealth transfer goals (02:21)

Basic estate planning documents (6:18)

Different parties involved in a trust (13:14)

Tackling uncomfortable conversations (16:14)

Estate tax exemption levels and sunsets (19:32)

Types of irrevocable trusts (22:56)

Understanding GST and SLAT for wealth transfer (25:18)

Closing thoughts from Oscarlyn (29:51)

The podcast team has created a template for taking notes on each episode.

Podcast Worksheet

Learn more about how the Business Transition Advisory Group can help support your family business, and stay tuned for the next episode in this series on running a family business, which will cover how to find the right roles for different family members.

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