Raise your hand if you felt triggered by the character Molly's journey on HBO's Insecure (Season 5) in trying to help her parents through estate planning and they were just not having it?! Oh, the resistance. The invincibility. I meannn... It's me, lol... I'm the person who was triggered. But on a serious note, more than 70% of Black Americans don't have a will. We've heard the stories of celebs like Chadwick Boseman, Aretha Franklin and Prince not having estate plans in place, but what about our own families? The implications of this mean we're, as a whole, missing out on the largest wealth transfer in history. So grateful for Jala Eaton, a generational wealth expert and Founder of On My Own Financial and J. Eaton Law, PC., whose on a mission to empower black communities across the nation to build and protect their wealth in non-traditional ways. As a writer, professor, award winning certified trust and fiduciary advisor, and trust and estates attorney in California, Jala's mission is to close the racial wealth gap. She was so gracious to join me on this episode to share the tip of the iceberg of what it looks like to begin the estate planning process, how to navigate these difficult conversations within the family, why it's so important to plan before something happens and so much more.
For additional resources and content to help you navigate the estate planning journey for yourself or other family members, be sure to check out www.onmyownfinancial.com or follow Jala on Instagram @yourwealthbestfriend. Thank you, Jala!