JMC Consulting Firm LLC

ne of my goals this year is to make BOSS MOVES—not just in business, but in building generational wealth for my daughter. 💜✨

Growing up, I thought “trust fund baby” only applied to the rich (i.e., not me). That was a scarcity mindset. Today, I learned otherwise.

💡 Key takeaways from our conversation that might help someone else
✅ Fiduciary advisors work in your best interest—not to sell products.
✅ A will is a list of wishes that goes through probate, is public, and can be contested.
✅ A trust ensures assets are distributed privately and as planned—with added protection.
✅ You put assets (e.g., real estate and non-retirement accounts) in a trust and designate how they’re distributed.
✅ HEMS (Health, Education, Maintenance, and Support) Clause ensures funds are used responsibly to support my daughter if I become incapacitated.
✅ 529 plan rules changed! If unused for education, funds can now be converted into a retirement account for your child. 🤯

My next step? Meeting with an estate planning lawyer to make sure my baby is a Trust Fund Baby—and raised with a mindset of ABUNDANCE. 🌱💰

✨ Better late than never—or maybe “late” is actually right on time. This year, I’m embracing a slower pace, finding peace in the rhythm of motherhood, and reflecting on what truly matters. As I set my intentions for 2025, I want to THANK YOU for being part of my journey. Your support means the world to me.

💬 How are you stepping into 2025?



*
*