Even celebrities are not free from the pitfalls of poor estate and legacy planning. With their lives and finances often in the spotlight, it can be easy to figure out where they're falling short and how to avoid the same problems if you know where to look.

Join David Lenok and his guest, psychologist and economist Eric Schoenberg, as they discuss the psychological implications of inherited wealth and how economic principles may not always align with personal happiness. This enlightening discussion sheds light on common pitfalls in estate planning and offers valuable lessons that can be applied beyond the realm of celebrity.

David and Eric touch:

• The psychological impact of inherited wealth and its impact on personal fulfillment.
• The complexities of estate planning and the common challenges faced by individuals regardless of their status.
• Expert insights on navigating the legal and emotional aspects of estate distribution.
• Analyzing famous estate planning cases to draw valuable lessons for advisors and their clients.

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About our guest:

Eric Schoenberg's academic research focuses on the psychology of money, with a particular focus on intergenerational wealth transfers and behavior in financial markets. He has taught a number of classes in Behavioral Economics and Decision Making.