If Something Happened to You Tomorrow, Would Your Family be Prepared?: Estate Planning for Moms
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What would happen to your children, your money, your belongings, and even your business if something happened to you tomorrow?
In this episode of The Mompreneur Collective, I sit down with Attorney Eleanor Dolev, Owner of Dolev Law. She specializes in estates and trusts and talks to us about a part of planning for the future that so many of us put off: creating an estate plan.
Eleanor walks us through some of the basics parents and business owners should have in place, including wills, trusts, and power of attorney documents. We also dive into why your estate plan and your business plan need to be part of the same conversation. As entrepreneurs, we spend years building businesses we hope will create opportunity, freedom, and maybe even a legacy for our children. Protecting what we've built matters too.
We talk about the question every parent should consider: Do you want to leave your children with a burden or leave them with a gift?✨
We also discuss the false sense of security that can come from DIY legal documents, why one missing piece of language can have major consequences, and why an estate plan should be created around your unique family, goals, assets, and circumstances.
And because this is The Mompreneur Collective, we of course talk about balancing motherhood and entrepreneurship too. Eleanor shares how she's found ways to involve her children in her business, teach them responsibility and leadership, and create more opportunities to be together while continuing to build a career she loves.
If estate planning has been sitting on your "I'll get to it eventually" list, this episode may be the push you need to finally start the conversation.💛
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