Episode 7

full
Published on:

7th Sep 2022

07: My mom's threats to disown or disinherit me were empty threats

Do your parents have a will?

Cultural differences around legal issues, finances and estate management can lead to avoidable challenges when parents pass away. Being informed ourselves can help us guide our parents through the process of estate planning and feel more peace of mind around this topic that can incur a significant financial loss if not handled properly.

In episode 7 of the Asian Detox Podcast, TJ shares zir experience of trying to encourage zir parents to get their estate affairs in order and why this is so important, highlighting:

  • TJ’s process of engaging with zir parents around estate planning
  • Wills, trusts, pour-over wills, AB bypass trusts and probate
  • An overview of probate: what it is, what the implications are and why you want to avoid it
  • How the procedure of dealing with estates is often very different in Asian countries compared with the US and how that can impact our parent’s attitudes
  • The key to shifting your mindset around this potentially difficult topic

“What else, culturally or gap-wise, are you angry or confused about of how your family operates that you haven’t asked about? Because if you find yourself getting frustrated, I highly encourage you to ask what it was like when they were growing up or where they were growing up or both, and see if that isn’t some context you needed to get you to a better place in your relationship and heal that relationship with your family.”

TJ Wey - S1 E7, Asian Detox Podcast

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About the Podcast

The Asian Detox Podcast
Reclaiming Asian American prosperity
Welcome to the ASIAN DETOX PODCAST, a podcast made for Asian Americans as we navigate life in two very different cultures, come to terms with our identity and share experiences of adjusting to a new way of being.

On this podcast, TJ Wey, a financial and abundance expert who is on track to retire by the age of 40, will share stories of people escaping the hustle culture in their lives and describing what that journey looks like for them.

As a financial expert, TJ's focus will be on the Asian money mindset, how to shift to an abundance mindset, discussing past money mindsets and how and if they need to be rewired and reframed and what - mind shift changes were needed when choosing the path of business over traditional career paths.

TJ is your #VeryAsian, non-binary, gluten-and-dairy-free money habits coach, helping Asian American small business owners escape the hustle culture and build their abundant life.

Zhi is on track to retire by 40, working independently and earning zir own way, after over a decade of working in corporate America as an IT Project Manager and following the Asian-Parent approved path.

TJ is known for zir work on Abundance and creating wealth systems that help others to reach their financial goals and desired lifestyle.

This is a bi-weekly podcast, with 12 episodes per season. TJ will be doing solo episodes speaking about zir own experiences as an Asian American, how zhi managed to be on track to retire by 40 and helping you understand how to create an abundant lifestyle that feels good to you and your culture. Zhi will also be bringing on guests to share their own shared experiences as an Asian American.

This podcast will leave you inspired, open your mind to understanding how much wealth is available to you and provide amazing lifestyle shifts that will help you feel great about your own culture while choosing to live a life that is off the beaten path.

We look forward to seeing you every other week

We hope that with this podcast you will come to realize that you can design your abundant life in a way that honors your heritage while enjoying a life of ease and alignment. And you can do it while making money and building generational wealth.

Our Links:
TheAsianDetoxPodcast.com

AbundanceFirst.com
RightWey.com

About your host

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TJ Wey

TJ Wey (zhi/zir) is your #VeryAsian, non-binary, gluten-and-dairy free money habits coach. After over a decade in corporate America as an IT Project Manager, zhi is on track to retire by 40. Zhi wants to help Asian American small business owners escape the hustle culture and live their abundant life through better money habits and financial foundations.