In this episode, Brandon Neely sits down with estate planning and probate attorney Paul Deloughery to explore the deeper meaning behind inheritance, legacy, and wealth transfer. You’ll hear Paul share eye-opening insights on why some families flourish after inheriting wealth, while others fall apart. The conversation goes beyond wills and trusts to uncover how estate planning is really about protecting relationships, not just assets.

Together, we discuss:

• Why estate planning matters and the myths that keep people from doing it.
• Paul’s sudden inheritance story and the reality of Sudden Wealth Syndrome.
• How grief, trauma, and family secrets can complicate financial decisions.
• The dangers of poor planning, from taxes to risky investments.
• Why passing down values and vision matters as much as passing down money.
• Practical steps: family meetings, communication, and building a professional support team.
• Why the greatest inheritance is love and connection, not just financial assets.

👤 About Our Guest:

Paul Deloughery is an estate planning and probate attorney based in Phoenix, Arizona. He’s the author of Lasting Wealth: A Revolutionary Method of Family Wealth Transfer—a guide to building multi-generational wealth with intention and heart. Paul’s mission? Helping families protect not just what they’ve built, but who they are.

📘 Get the Book:

Lasting Wealth: A Revolutionary Method of Family Wealth Transfer – Available on Amazon

👉 If you’ve ever wondered how to prepare your family for both the money and the meaning you want to leave behind, this conversation with Paul will give you both cautionary lessons and hopeful guidance.

00:00 Introduction and welcome

00:52 Meet Paul Deloughery: 25+ years in estate planning and trust litigation

02:50 Why estate planning matters + common myths

05:46 Paul’s personal story: sudden inheritance at age 42

06:55 Sudden Wealth Syndrome explained

07:42 How Paul lost wealth to taxes and risky investments

09:29 The emotional side of inheritance

10:27 Why you need a plan (or others will take advantage)

13:02 Family values, context, and vision for wealth

14:45 Trauma, secrets, and their financial impact

17:01 Healing and creating new habits

18:34 Legacy through family meetings and communication

21:10 Advice for families: start early, plan well

24:23 Who Paul helps (it’s not just the ultra-wealthy)

25:53 Building a team: attorney, tax, financial

27:44 Closing thoughts: the biggest inheritance is love and family connection

Watch on YouTube: https://youtu.be/Fdu1XdSoUU0