My Legacy Experience - The Podcast

Join us for a deep-dive discussion about probate. Probate is the legal process of administering the estate of a deceased person. At the end of of a probate proceeding, the assets of an estate are distributed. Today we will discuss timelines and filings related to probate. We will discuss the authority that is given to individuals by the probate court. We will discuss the probate process when you have a will and when you don't. Finally, we will discuss the timeline of distributions. Our guest today is Attorney Marceda Starks. Marceda Starks is a practicing attorney in Kansas City, Missouri. Marceda specializes in the areas of healthcare, estate planning and probate. Marceda is passionate about educating the underserved and marginalized communities in the matters of estate planning and probate law. Contact info: marcedastarks@yahoo.com

Today's episode is a discussion on the fundamentals of investments. We will discuss risk tolerance, asset allocations and investment strategies as well as the benchmarks and indexes used to measure performance. We will discuss the concept of diversification in a portfolio, and compare and contrast fixed income and equity investments. If you are new to investing in the stock market, or you are wanting a more complete understanding of investment terminology, this podcast is for you. Today's guest is Ethel J. Davis, CEO and Portfolio Manager of VZD Capital Management, LLC, located in Overland Park, Kansas. Ethel is THE FIRST African-American woman to own 100 percent of a Registered Investment Advisory firm in the Midwest and one of only a few within the United States. The first thing you will observe about Ethel is her passion for financial and investment literacy, wealth empowerment and in-depth understanding of the capital markets, and a willingness to educate others on creating and sustaining wealth with customized investment strategies. Reach out to Ethel for your investment needs. VZD Captial Management, LLC 6721 W 138th Terrace #1711 Overland Park, KS 66223 Phone: 816-726-7066 Email: ethel@vzdcap.com https://vzdcap.com

Today's episode is part two of a two-part series on grant writing. Today's episode features an in-depth discussion on the most common components of a grant application or RFP (request for proposal). Learn tangible ways to approach the application process that will ensure your highest likelihood of success. Mrs. Harris is an entrepreneur and owner of – Pathfinders Professional Development, LLC where she provides training and professional development in various areas of education and family engagement across Missouri and nationally. You can reach Mrs. Harris for training and consulting services at: https://www.governmentcontracts.us/government-contractors/company-BSG2712732-pathfinders-professional-development-Kansas-City-MO.htm

Today's episode is part one of a two-part series on grant writing. Today's guest is Phyllis Harris, CEO of Pathfinders Professional Development, LLC. Phyllis is a nationally recognized grant writer, who is credited with obtaining millions of dollars in grants for community and social service organizations. Phyllis will provide basic definitions related to grants and outline the types of grants available for individuals, businesses, and social service organizations. Additionally, Phyllis will identify the most recognized as well as novel grant resources in the country. If you want more information about how to obtain grants for your business or nonprofit organization, this episode is for you.

**** Season Two Premiere!!! Today's special guest is Corey Ziegler, Vice President and Corporate Counsel for the Greater Kansas City Community Foundation. In this episode, we are going to discuss methods of achieving your charitable giving goals during your lifetime and beyond. Even if you don't have a lot of cash, you can still give valuable property to a charity and receive an income tax benefit for the gift. You can also use Donor Advised Funds to achieve your giving goals. If you have a heart to give and want to learn about tax saving options, this podcast is for you! To learn more about the Greater Kansas City Community Foundation, review the website at www.growyourgiving.org

In the wake of the pandemic and a rising death toll that exceeds 345,000, it's time to take a serious look at estate planning. Today's guest is Vanita Massey with The Law Office of Vanita Massey. Vanita is an Estate Planning attorney in Missouri and Kansas. We will discuss the top three estate planning vehicles of 2021. We will have a deep dive discussion on will alternatives, the health care directive and health care power of attorney, and much more.

Today's discussion centers around life insurance. Life insurance is an investment tool that will provide a financial benefit (payout) at death. The benefits are generally tax free to the beneficiaries of the life insurance policy. We will discuss the difference between a whole life insurance policy and a term life insurance policy and discuss the advantages and disadvantages of both policies. We will discuss life insurance premiums and how the premiums are calculated. Today's guest is Etta McKenzie with State Farm Insurance. You can reach out to Etta @Ettamckenzie.com Life insurance is more affordable than you think - consider investing in life insurance today!!!

This week's conversation is with Patrick Brown. Patrick is the Director of Risk Management & Insurance and an Investment Advisor with Edmonds Duncan Registered Investment Advisors, in Lawrence, Kansas. We will discuss employer-sponsored retirement plans including 401(k) and 403(b) plans and contrast those investment vehicles with non employer-sponsored retirement plans (IRAs). We will also discuss risk tolerance and investment allocations. Finally we will discuss Roth IRAs and Roth IRA conversions. Patrick can be reached at Edmonds Duncan Registered Investment Advisors https://www.edmondsduncan.com/team-member-01/pat-brown-mba-0 To learn more about Patrick's Financial Literacy Efforts https://financialliteracyforstudentathletes.com

This week's podcast focuses on entrepreneurship. Even though 2020 has been a challenging year from a financial perspective, it is still possible to launch and build a successful business. Marquita Miller-Joshua, author of Faithpreneur: God is not an Agent for Your Failure but for our Success, will provide successful business tips for the budding entrepreneur. Marquita emphasizes mentorship, resilience, differentiating your products and services in a competitive landscape, and conducting a S.W.A.T. analysis to determine your goals and business plan. Self-employment helps create generational wealth. If you have been entertaining the idea of becoming a business owner, this podcast is for you.

This week's discussion is with Tiffanie Powell, Principal Attorney of Tiffanie B. Powell & Associates, P.C. We will discuss probate proceedings and distinguish between dying with a will (testate) and without a will (intestate). We will also discuss some of the issues that plague entrepreneurs in the field of estate planning. Finally, we will discuss representation and the impact it has on our individual financial goals.

Tune in to this week's discussion of my first book, My Legacy Experience, How My Mother's Life Prepared Me For Her Death. My Legacy Experience documents my personal experience with administering my mother's estate. In 2017, my mother was diagnosed with cancer. During her illness, I learned several lessons I want to share with my clients and a broader audience. My goal for the book is to honor my mother's memory by sharing our story of love, wisdom and legacy. I had the vision of the book one month after her transition from this world, however, it took me a year to write the story. At times the book looks like a personal journal. At other times the book resembles an instruction manual. It is my sincere hope that you will gain something from the story. If you make one financial decision regarding the accumulation and disposition of your estate because of my story, then my mission is accomplished. The discussion was originally aired on Youngblackmrspodcast.com, and was conducted by Morgane Freeman. Follow Morgane@ www.youngblackmrspodcast.com www.instagram.com/youngblackmrs. www.facebook.com/YoungBlackMRS Follow Donna@ mylegacyexperience.com www.instagram.com/mylegacyexperience www.facebook.com/My-Legacy-Experience-LLC www.YouTube/My Legacy Experience LLC