Leaving Wealth To The Next Generation with Steve Goodman

Building generational wealth is important and can help to set your family and future family up for success. However, what planning is required when it comes to passing down that wealth to your children and their children? In this podcast episode, Wes sits down with Steven Goodman, Author of Business Succession Planning, to discuss leaving wealth to the next generation. Steven also shares the risks of passing down a family business, what to factor in as a parent with a family business, the pitfalls of leaving wealth to multiple children, cashing out on your company, private equity, and his insights on life insurance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Wes Moss is on a mission: help at least 1 million Americans of any age retire sooner and find joy along the way. A seasoned finance professional, best-selling author, broadcaster, and teacher, Wes has done extensive research on the habits of the happiest retirees. On this podcast, Wes shares key lifestyle and money habits you can implement now to prepare for a secure future while not depriving yourself of happiness in the present. In addition to leveraging his 20+ years of knowledge as an investment advisor, Wes brings in guests and specialists to teach you how to set and work towards your financial and lifestyle objectives. Refreshingly-free of mind-numbing financial jargon and unrealistic money goals, Retire Sooner with Wes Moss gives listeners the tools on how to retire sooner in the real world.