EPISODE · Mar 26, 2021 · 13 MIN
Estate Planning is the New Black Reprise
from The MoneyPot · host Rachel Morrissey, Roland Bodenham, Sanjib Kalita,
For grim reasons, the estate planning business boomed during the early days of the pandemic. Access demanded a completely digital approach that allowed for highly informed decision making and legally binding documentation. But there is another barrier that needs to be broken- the notion that Wills and Planning are only for wealthy people and white people. Did you know that Aretha Franklin died without a will? Why would a woman that empowered not have something so many consider part of basic financial planning? One word- TRUST. Research shows that fintech is building trust with minority communities, particularly the black community. We talk about what problems this creates, and speak with Cody Barbo, CEO of Trust&Will about his ideas around a solution.Guest: Cody Barbo, CEO, Trust & WillHosts: Monique Ruff-Bell, Event Director, Money20/20 USARachel Morrissey, Content Producer, Money20/20Producers: Roland Bodenham, Senior Video Editor, AscentialRachel Morrissey, Content Producer, Money20/20Additional Information on the need to protect generational property rights and how minorities are particularly vulnerable: https://features.propublica.org/black-land-loss/heirs-property-rights-why-black-families-lose-land-south/https://www.youtube.com/watch?v=ls3P_FicO7Ihttps://scholarship.law.tamu.edu/cgi/viewcontent.cgi?referer=https://www.google.com/&httpsredir=1&article=1784&context=facscholarFollow Money20/20:YouTube: @Money2020TvLinkedIn: https://www.linkedin.com/company/money2020/Instagram: https://www.instagram.com/money20_20Facebook: https://www.facebook.com/Money2020X: https://www.twitter.com/Money2020TikTok: https://www.tiktok.com/@money20_20
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For grim reasons, the estate planning business boomed during the early days of the pandemic. Access demanded a completely digital approach that allowed for highly informed decision making and legally binding documentation. But there is another barrier that needs to be broken- the notion that Wills and Planning are only for wealthy people and white people. Did you know that Aretha Franklin died without a will? Why would a woman that empowered not have something ...
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Estate Planning is the New Black Reprise
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