--- title: "P&L: Priorities & Lifestyle Episode 82 - Estate Planning As An Entrepreneur with Tammy Silvas" description: Join Rob Schulz as he chats with Tammy Silvas on estate planning for entrepreneurs, from trusts to transitions, and how to avoid costly mistakes. --- [Blog - Schulz Wealth ](https://schulzwealth.com/blog) # [P&L: Priorities & Lifestyle Episode 82 - Estate Planning As An Entrepreneur with Tammy Silvas](https://schulzwealth.com/blog/pl-priorities-lifestyle-episode-82) Written by [Schulz Wealth](https://schulzwealth.com/blog/author/schulz-wealth) | May 1, 2025 1:00:00 PM   ## P&L: Priorities & Lifestyle Episode 82 -  ## Estate Planning As An Entrepreneur with Tammy Silvas     Tammy Silvas, Founding Attorney of Silvas Law, joined me this week to talk about the unique challenges of estate planning for business owners, whether they be solo or in a partnership/corporation. We talked about why estate planning is so crucial, including death, divorce, and disillusionment, and why so many entrepreneurs make the mistake of keeping things too close to the vest. Along the way, Tammy also shares with me some interesting and creative ways to ensure these transitions go smoothly, including the idea of putting the business in a revocable trust.  Tune in this week on P&L to learn about estate planning as an entrepreneur. Contact Tammy Silvas through [www.silvaslaw.com](http://www.silvaslaw.com/) *“Communication is key, and we need to have regular communication. Don't just do a plan and set it aside."* - Tammy Silvas **This week on Priorities Lifestyle:** - Why business estate planning is so unique - Regular updates are crucial in estate planning - The importance of business continuity  - Why so many entrepreneurs keep things close to the vest - The use of revocable trusts to protect your business - Navigating financial transitions with attorneys    **Our Favorite Quotes:** - *"Your life's going to go through ups and downs and it's going to take your business with you because it’s all personal.” - *Tammy Silvas - *“Making sure that you've got some leadership that can continue the business is an ongoing concern, so it doesn't turn into a fire sale.” *- Rob Schulz - *"I think most of the infighting comes when people are surprised." - *Tammy Silvas **About Rob Schulz and P&L Priorities & Lifestyle Podcast** The P&L: Priorities & Lifestyle Podcast is a show for business owners. In each episode, host and financial planner Rob Schulz sits down with business owners and the professionals that serve them to talk about business building, life, money — and the all-important transition out of the business, which inevitably happens to everyone who has ever founded a company.  Email Rob at [rob.schulz@schulzwealth.com](mailto:rob.schulz@schulzwealth.com) with questions and comments, or to schedule a one-on-one conversation.  Follow Rob on [LinkedIn](https://www.linkedin.com/in/robschulz/) Follow Schulz Wealth on [LinkedIn](https://www.linkedin.com/company/schulz-wealth/) Follow Schulz Wealth on [Facebook](https://www.facebook.com/robschulzcfp) Order Rob’s book, *Thoughts on Things Financial*, on [Amazon](https://www.amazon.com/dp/1734849002/) | [Barnes & Noble](https://www.barnesandnoble.com/w/thoughts-on-things-financial-robert-schulz/1137310203;jsessionid=E92356B7CED6772BB3A3F3B1DE219717.prodny_store01-atgap02?ean=9781734849004) | [Kobo](https://www.kobo.com/us/en/ebook/thoughts-on-things-financial-your-guide-to-a-chaotic-money-world) | [iBooks](https://books.apple.com/us/book/id1522620043) | [Kindle](https://www.amazon.com/Thoughts-Things-Financial-Guide-Chaotic-ebook/dp/B08CGS7JH1/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=) Subscribe to the podcast here: [Apple Podcast](https://podcasts.apple.com/us/podcast/p-l-priorities-lifestyle/id1561861003)  [Spotify](https://open.spotify.com/show/5qgZgmV7oZh4Vaz4zdYvSx) [Google Podcasts](https://podcasts.google.com/feed/aHR0cHM6Ly9wcmlvcml0aWVzYW5kbGlmZXN0eWxlLmxpYnN5bi5jb20vcGxheWVyZm0?sa=X&ved=0CAMQ4aUDahcKEwjQl-PdiMz5AhUAAAAAHQAAAAAQAQ) [Audible ](https://www.audible.com/pd/Podcast/B08JJN4YBH) And, if you enjoy the show, please leave a review to help others discover the podcast. *You’re listening to P&L: Priorities & Lifestyle with your host Rob Schulz. Rob is the Founder and President of Schulz Wealth. All opinions expressed by Rob and his guests are solely their own opinions and do not reflect the opinions of Schulz Wealth. This podcast is for informational purposes only and should not be relied upon for investment decisions. Please refer to our website for more information: schulzwealth.com [View full post](https://schulzwealth.com/blog/pl-priorities-lifestyle-episode-82) ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Schulz Wealth" }, "dateModified" : "2025-05-01T13:00:00.536Z", "datePublished" : "2025-05-01T13:00:00Z", "headline" : "P&L: Priorities & Lifestyle Episode 82 - Estate Planning As An Entrepreneur with Tammy Silvas", "image" : { "@type" : "ImageObject", "height" : 1080, "url" : "https://22186484.fs1.hubspotusercontent-na1.net/hubfs/22186484/Podcast%20%2382.jpg", "width" : 1080 }, "mainEntityOfPage" : "https://schulzwealth.com/blog/pl-priorities-lifestyle-episode-82", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "height" : 60, "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png", "width" : 60 }, "name" : " OUR BLOG" } } ```