The Importance of Estate Planning: A Discussion with Attorney Jessica Lynn Silva
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In today's discussion, we delve into a topic that is often overlooked but holds immense significance in our lives – insurance and safeguarding the future of our loved ones. Join us as we explore the importance of being adequately insured and leaving our dear ones in good hands should unforeseen circumstances arise.
Our guest, Jessica Lynn Silva shares her knowledge and experience on being a single mom and becoming the powerhouse attorney that she is now who helps people with their trust, probate and any kind of legal needs. In addition to being a superwoman, she is also a voice-over artist and a real estate investor.
The episode starts with Jessica talking about being a mother at 18, juggling taking care of her child and getting a degree in college. She mentions being offered an opportunity to be a paralegal that she took, which started her long journey to meeting her husband and becoming an attorney.
Jessica discusses how to find the niche that you want to be in when it comes to practicing law, to take the time to shadow and be an intern on professionals who are in the line of work and discover what fits you the most. She talks about the kind of expertise that she practices such as estate planning, beneficiaries and working on the split of assets and control between families.
She talks about how probate is created for the benefit of creditors and it's not created for you and your loved ones, that's why the term "avoid probate" exists. She also mentions how estate planning is something a lot of people think they don't need until the worst has already happened.
If you want to hear more about the importance of estate planning and how Jessica can help you, tune in for this episode.
Connect with Jessica:
www.jessicalynnlaw.com
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Chapters:
0:00 - Intro
2:00 - Journey to becoming an attorney
3:55 - Being service-inclined
5:15 - Being a dreamer
7:45 - Having faith
10:25 - Meeting in a real estate seminar
11:25 - Giving back and practicing law
14:30 - The importance of estate planning
15:20 - Will, Trust and Probate
18:48 - Protecting your family
20:40 - What happens when you don't have trust or a will?
26:05 - What is probate?
28:08 - License as an attorney
29:45 - Legal help for children who lost their parents
32:50 - Should you get a Trust?
37:40 - Having a Will
39:15 - Advice for single moms
48:20 - Conclusion
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