Podcasts about beneficiaries

Postbank says social grant beneficiaries have less than five days to migrate from SASSA gold cards to black cards before the 31 August deadline. More than 1.8 million beneficiaries have already migrated, while fewer than 80,000 still need to do so. Postbank says the deadline will not be extended. Beneficiaries can migrate for free at selected retailers, including Shoprite, Checkers, Pick n Pay, Boxer and Spar. They need only a valid ID or temporary ID. Funds will remain in their accounts, but beneficiaries must migrate before accessing them. Thami Cele is the Chief Commercial Officer (CCO) at Postbank

Reviewing your beneficiary designations may take just a few minutes—but overlooking them could have lasting consequences.In this episode, Miguel Gonzalez discusses some of the most common beneficiary mistakes people make, including failing to update beneficiaries after major life events, relying solely on a will, overlooking contingent beneficiaries, forgetting old retirement accounts, and assuming beneficiary reviews are a one-time task. Learn why periodic reviews are an important part of keeping your financial plan up to date.Miguel Gonzalez is a Certified Retirement Counselor (CRC) with over 25 years of experience helping individuals and families design retirement income strategies and long-term financial plans. He is the Managing Partner of Cortburg Retirement Advisors, a boutique firm focused on retirement planning, investment management, and financial clarity.#Beneficiaries #EstatePlanning #FinancialPlanning #CortburgSpeaksRetirement #MiguelXGonzalez #RetirementPlanning #PersonalFinance #FinancialWellness #LegacyPlanning #LifeInsurance #401k #IRA #FinancialEducation #MoneyManagement #WealthManagement #FinancialChecklist #EstatePlan #FinancialOrganization #SmartMoneyMoves #FinancialConfidenceWelcome to Cortburg Speaks Retirement Podcast with Miguel Gonzalez, MBA, AIF®, CPFA®, CRC® CLICK HERE TO LISTEN TO MIGUEL'S LATEST PODCAST FOLLOW US ON: YouTube->https://m.youtube.com/c/CORTBURGRETIREMENTADVISORSFacebook-> https://m.facebook.com/CortburgIncTwitter-> https://twitter.com/CortburgIncLinkedIn->https://www.linkedin.com/in/miguelxgonzalez/Website: www.CortburgRetirement.comEmail:     Miguel@CortburgRetirement.com

If you hear the phrase "inheritance planning" and immediately picture wills, trusts, attorneys, and a stack of complicated documents, you are not alone. The topic feels overwhelming before people even start, because it sounds like a legal ordeal rather than something they can actually approach with clarity. Here is the reframe. At its core, this is really about wealth transfer planning: protecting what you have built so it can bless the people you love and continue the mission you care about. That is a very different starting point than "do we need a will or a trust," and it changes how the whole process feels. https://youtu.be/Y2LDK7nSMmM Families already sense this. They know they need something around protecting what they have built for the people they love, but they are not sure where to start.  Do they need a will, a trust, or both? How do they avoid family conflict once the money changes hands? How do they make sure their children are actually ready to receive an inheritance and use it well, not just spend it?  Those are the right questions. They just rarely get answered by a stack of legal documents alone. This piece assumes you already know why leaving an inheritance matters to you, and focuses instead on how to do it well. Key takeaways:What Is Wealth Transfer Planning?Estate Planning vs. Inheritance PlanningThe Four Things Every Inheritance Plan Should Protect: A Family Wealth Protection FrameworkProtect the AssetsProtect the FamilyProtect the HeirsProtect the MissionWhy Liquidity Matters More Than You RealizeYour Plan Is a System, Not a Stack of DocumentsHow to Start: Clarity Before ComplexityWhat to Do NextWhat this means for your familyWhen it's worth exploring this furtherWhat to compare before decidingNext stepFrequently Asked QuestionsWhat is wealth transfer planning?What is the difference between estate planning and inheritance planning?How do I preserve family wealth across generations?Why do most families lose their wealth by the third generation?How do I transfer wealth to the next generation? Key takeaways: Inheritance planning is family-centered; estate planning is document-centered, and the documents are a component, not the whole plan A strong plan protects four things: the assets, the family, the heirs, and the mission Liquidity, not just net worth, determines whether a family can handle the cash demands of a transition The plan is a coordinated system, not a stack of separate documents You can start this week with a short list of practical, concrete steps What Is Wealth Transfer Planning? Wealth transfer planning is the intentional process of preparing your assets, your heirs, and your family structure for the transfer of wealth and responsibility. It combines legal planning, financial planning, family communication, and the transfer of wisdom, not just money. That last piece matters more than it sounds. There is a question worth sitting with: what if the wisdom that created your wealth is more valuable to your children and grandchildren than the wealth itself? The cause of the wealth may be the true legacy, not just its result. This is also not only about what happens when you are gone. It is about continuity, a family line that keeps maintaining, growing, and capitalizing on wealth over time. As Simon Sinek's "start with why" framework suggests, the place to begin is with why: not just what moves to the next generation, but what you want it to accomplish once it gets there. A will can say who gets what. Wealth transfer planning is about what happens next. Estate Planning vs. Inheritance Planning These two terms get used interchangeably, but they are not the same thing, and the distinction is the foundation on which everything else in this article builds on. Estate planning is document-centered. Inheritance planning is family-centered. Estate Planning (Document-Centered)Inheritance Planning (Family-Centered)Wills and trustsFamily values and stewardship trainingPowers of attorneyFamily governance: who decides, who has access to capitalHealthcare directivesLegacy educationBeneficiary designationsDecision-making principlesGuardianship provisionsPreparing people to receive, not just assets to transferTax planningWisdom transfer alongside wealth transfer Estate planning is necessary. It is a genuine component of inheritance planning, not something to skip. But on its own, it only moves money to the next generation. A will can say who gets what. Inheritance planning is about what happens next, after the money arrives and the next generation is left to steward, use, and grow it. The Four Things Every Inheritance Plan Should Protect: A Family Wealth Protection Framework It is easy to have a narrow view here without realizing it. A strong plan protects four things, not just one. Protect the Assets This is the part people already think about: businesses, investments, property, real estate, life insurance policies. Protecting the assets means more than securing them. It includes ownership structure, beneficiary designations, liquidity, insurance, and tax strategy, all coordinated across a genuine 360-degree view of your financial life so that your advisors are not quietly working against each other.  When advice is properly coordinated, you plug the leaks, minimize unnecessary tax, and keep every recommendation pointed at the same goal instead of pulling in different directions. The result is advice that amplifies cash flow, cash value, liquidity, and long-term generational wealth, rather than one advisor's strategy quietly undoing another's. Protect the Family This is the piece families tend to overlook. Protecting the family means protecting the relationships within it, preventing confusion, resentment, entitlement, perceived favoritism, and unmet expectations. When heirs are surprised by what they receive, or by how it is divided, that surprise becomes conflict, often years after the fact and long after it could have been prevented with a simple conversation.  Removing the element of surprise through clear communication puts a family light-years ahead, because the family is no longer left to make it up as they go or insert their own assumptions about what was intended. Protect the Heirs Where protecting the family looks at the unit as a whole, protecting the heirs looks at the individuals in it. They are not just recipients of assets. They are recipients of something with history, story, and sacrifice behind it, and they need preparation, education, and clear expectations to step into responsible stewardship rather than being handed something they were never equipped to manage. Protect the Mission Few people think of their family as having a mission, the way every successful business has one, with clear values and a team structure behind it. Yet those same principles apply to long-term family continuity. Worth asking: what is your family together for, beyond consuming? What do you want your family's shared purpose to be across the coming generations, not just the current one?  For some families, that means building generational wealth further; for others, it means expanding their capabilities, or simply serving and blessing more people than any one generation could alone. Why Liquidity Matters More Than You Realize A family can be worth tens or even hundreds of millions of dollars on paper and still be completely unprepared for the cash demands of death, taxes, business transition, debts, and estate settlement. That gap between net worth and accessible capital catches families more often than you would expect. Illiquid assets force a hard choice: sell something you wanted to keep, at exactly the wrong time, or find cash from somewhere else. Consider two children: one wants to keep the family business, and the other does not.  Without liquid capital to equalize the estate between them, the business may have to be sold just to make the numbers work, regardless of what anyone actually wanted, or what years of running that business were worth to the child who stayed. Life insurance plays a liquidity role here, twice over. The death benefit pays into the next generation, ideally into a trust with guidelines rather than directly to an individual. And the cash value on remaining policies stays accessible during your lifetime, available for taxes or settlement needs without forcing a sale. The most overlooked part of inheritance planning is making sure the family has access to cash when decisions are urgent and emotions are high.  For the mechanics of how a policy is structured to serve this role, see family banking strategy. Your Plan Is a System, Not a Stack of Documents Inheritance planning usually fails not because any single document was wrong, but because the pieces were never aligned with each other.  Beneficiary designations override what a will says, regardless of what the will was written to accomplish.  A business operating agreement controls what happens to ownership, regardless of what you communicated verbally to your family or wrote elsewhere.  A trust that was signed but never actually funded, meaning the underlying assets were never retitled into it, protects nothing at all. It sits as a document with no substance behind it. The fix is coordination. Every document, account, designation, agreement, and insurance policy needs to be aligned and speak the same language, so the whole plan works together rather than quietly contradicting itself.  This is also where family wealth planning becomes concrete rather than aspirational: it is the discipline of making sure your intentions and your paperwork actually match, account by account. A strong inheritance plan is not a stack of separate documents. It is a coordinated system where every piece supports the same outcome. How to Start: Clarity Before Complexity ...

Think you have 10 years to empty an inherited IRA? That may not always be the case. In this episode of Wise Money, we break down the lesser-known 5-year rule, how beneficiary designations can change your options, and why regularly reviewing them matters. Plus, we answer listener questions about saving for a first home, Mega Backdoor Roth contributions, and Roth IRA 5-year rules. Season 11, Episode 52 Download our FREE 5-Factor Retirement guide: https://wisemoneyguides.com/    Schedule a meeting with one of our CERTIFIED FINANCIAL PLANNERS™: https://www.korhorn.com/schedule-a-call/  or call 574-247-5898.   Watch this episode on YouTube: https://youtu.be/_anEkWnVCz4  Subscribe on YouTube: http://www.youtube.com/c/WiseMoneyShow Listen on podcast: https://pod.link/1040619718   Submit a question for the show: https://www.korhorn.com/ask-a-question/   Read the Wise Money Blog: https://www.korhorn.com/wise-money-blog/    Connect with us: Facebook - https://www.facebook.com/WiseMoneyShow  Instagram - https://www.instagram.com/wisemoneyshow/    Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results. This video may discuss estate planning concepts but does not constitute legal advice. Please consult an attorney for advice specific to your situation. Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.

Life insurance isn't just a way to protect your family. For the right business owner, it can also provide tax-efficient growth, access to capital, and long-term financial flexibility.In this episode, Mike and Matt explain how cash value life insurance works, including tax-deferred growth, policy loans, death benefits, and long-term care benefits. They also break down term, whole, and universal life insurance, who this strategy may benefit, and how to avoid choosing an expensive or poorly designed policy.

Your legacy can become a burden if the right documents and instructions are missing. Jackie Campbell explains why estate planning applies to every adult, not only the wealthy, and introduces the "My When File" as a central place for important personal and financial information. She also discusses wills, trusts, powers of attorney, healthcare directives, beneficiaries, asset titling, retirement distributions, sequence-of-returns risk, and tax planning. The episode connects today’s financial organization with the decisions loved ones may face later. For more information or to schedule a consultation call 352-251-1015 or visit www.mycampbellandco.com! Follow us on social media: Facebook | YouTube | X | InstagramSee omnystudio.com/listener for privacy information.

Zain Johnson speaks to #PayTheGrants’ Alfred Moyo ahead of the Supreme Court of Appeal hearing on 25 August 2026. They unpack the legal challenge surrounding the SRD grant, concerns over rejected applications and what the court’s decision could mean for millions of South Africans who rely on the monthly payment.See omnystudio.com/listener for privacy information.

Think your beneficiary forms have your estate plan covered? Nick explains why naming beneficiaries is important but may still leave gaps in how your wishes are carried out. He looks at the bigger picture of estate planning and why having the right pieces working together can make things much easier for the people you leave behind. A plan can look complete on the surface and still miss something important. Here's some of what we discuss in this episode:

Why wait until year-end when there may be planning opportunities available right now?   In this episode of Something More with Chris Boyd, Chris Boyd, Russ Ball, and Luke Bagley discuss two often-overlooked areas of financial planning that deserve attention before the calendar turns: Required Minimum Distributions (RMDs) and beneficiary designations.   With markets posting strong gains through much of the year, many retirees and inherited IRA beneficiaries may be wondering whether it makes sense to wait until December to take their required distributions. The team explores why a mid-year review can be valuable, how market performance may influence planning decisions, and why RMDs can be part of a broader asset allocation and risk-management conversation rather than simply a year-end obligation.   The discussion also highlights strategies that can help make RMDs more effective, including Qualified Charitable Distributions (QCDs) for charitable-minded individuals. In addition, the conversation turns to another planning area that frequently gets overlooked: beneficiary designations. Whether due to marriage, divorce, the birth of children, or simply years passing since an account was opened, outdated beneficiaries can create unintended consequences. The team explains where these designations typically exist, why they often supersede instructions in a will, and how proper planning can help simplify the transfer of assets while avoiding unnecessary probate complications.   The episode also begins with a discussion of the team's upcoming seminar series, Unlocking Value Without Unnecessary Tax Burden, designed for individuals with highly appreciated investments, real estate, or business interests who are seeking tax-efficient planning strategies. To learn more or register, visit: https://events.wealthenhancement.com/amrtaxwebinar   If it has been a while since you've reviewed your retirement distribution strategy, account beneficiaries, or overall financial plan, this episode offers practical reminders and timely opportunities to revisit some of your most important financial decisions.   #FinancialPlanning #RetirementPlanning #EstatePlanning #WealthManagement #FinancialAdvisor #TaxPlanning #RetirementIncome #BeneficiaryPlanning #LongTermPlanning #FinancialWellness

On this episode of Diabetes Connections In the news… Sanofi acknowledges an insulin shortage, a new oral therapy for type 1 moves along in research, could there be an actual, accurate, non-invasive CGM in the works, ADA conflict continues and a new documentary about Girl Scout cookies shines a spotlight on T1D. Don't miss our upcoming events! Moms' Night Out in Detroit and Seattle, Club 1921 in Charlotte and Phoenix: https://diabetes-connections.com/events/   Announcing Community Commericals! Learn how to get your message on the show here. Learn more about studies and research at Thrivable here Please visit our Sponsors & Partners - they help make the show possible! Omnipod - Simplify Life All about Dexcom  All about VIVI Cap to protect your insulin from extreme temperatures The best way to keep up with Stacey and the show is by signing up for our weekly newsletter: Sign up for our newsletter here Here's where to find us: Facebook (Group) Facebook (Page) Instagram Check out Stacey's books! Learn more about everything at our home page www.diabetes-connections.com   Transcript:  (Stacey Track) On this episode of Diabetes Connections In the news… Sanofi acknowledges an insulin shortage, a new oral therapy for type 1 moves along in research, could there be an actual, accurate, non-invasive CGM in the works, ADA conflict continues and I can't wait to tell you about Cookie Queens.. that's coming up right after this. (AD BREAK) Welcome! I'm your host Stacey Simms and this is an In The News episode.. where we bring you the top diabetes stories and headlines happening now. A reminder that you can find the sources and links and a transcript and more info for every story mentioned here in the show notes. We are still looking for your community commercials. These are 30–60 second audio spots created by members of the diabetes community to share: Events you're organizing: a fundraiser, walk, or local meetup Products you've created: maybe you've written a book, have a Substack, designed a T1D-friendly gadget, or launched a small business Helpful projects or resources: things you think others in our community should know about It's your chance to share what you're doing and help others get connected! Full instructions are on the website. While you're there please check out our events. We're turning toward fall and we have a lot going on – MNO and Club 1921.   Okay.. our top story this week: XX I want to talk about Cookie Queens! It might not sound like a hard news story.. but It's my show and I can't wait to watch this. This move follows four Girl Scouts ages 5-12 during cookie season. One of the girls has type 1 – they don't mention it in the trailer, but you can see her omnipod. Here's a clip:   Start the very beginning and stop after "I want to be a supreme court justice." (stop after the "oh..laughter" https://www.youtube.com/watch?v=nnSQS43Eil8   Viewers meet Ara from San Diego, CA (5), Shannon Elizabeth from El Paso, TX (8), Nikki from Chino, CA (9), and Olive from Charlotte, NC (12). Ara has Type 1 diabetes and is shown taking insulin, refilling her pump before bed, and determining with her dad how to sample the cookies she's selling while keeping her blood sugar levels safe. Thumbs down to the Hollywood reporter dot com. In their review they say.. "if this film were itself a baked good, Ara would need to be careful because one bite could cause hyperglycemia or even diabetic ketoacidosis. It's just that sweet." Cookie Queens comes out this month. https://www.hollywoodreporter.com/movies/movie-reviews/cookie-queens-review-prince-harry-meghan-markle-girl-scouts-1236484555/ trailer:   XX Supply issues for Lantus SoloStar pens being acknowledged by Sanofi. The company says it's experiencing "a period of intermittent supply due to increased demand. The company said the increase in demand is being driven by "broader market dynamics," but did not provide additional details. Sanofi said the situation is temporary and is expected to improve over the coming weeks. The company said Lantus U-100 vials and Toujeo U-300, which contain the same active ingredient, remain available. https://www.wral.com/news/local/common-insulin-pen-faces-supply-issues-amid-rising-demand-july-23-2026/ XX The University of Alabama at Birmingham startup TIXiMED Inc. has launched the next phase of clinical testing for a novel oral therapy for Type 1. For now called TIX100, a small-molecule drug designed to inhibit a protein linked to pancreatic beta-cell loss and diabetes progression. The new double-blind, randomized, placebo-controlled study will evaluate the drug's safety, tolerability and pharmacokinetics. Researchers will enroll 18 healthy participants across three dose cohorts at a single United States study site. Participants will receive either TIX100 or a placebo twice daily for 28 days, followed by a seven-day follow-up period. Six participants making up the first cohort have been successfully enrolled thus far. In addition to its potential use in Type 1 diabetes, TIX100 may have applications in Type 2 diabetes and obesity. A recent study found that the drug prevented weight regain and preserved lean muscle mass after discontinuation of GLP-1 therapies in preclinical models. https://www.uab.edu/news/research-innovation/startup-advances-novel-oral-type-1-diabetes-therapy-to-next-phase-of-human-testing XX Researchers at the University of California San Diego say they have developed and validated a Continuous Health Analyzing Ring Module (CHARM), a compact, fully integrated wearable smart ring capable of continuous real-time monitoring of multiple biomarkers in sweat. The wearable device can simultaneously measure up to four biomarkers, including glucose, ketone, uric acid, lactate, ascorbic acid, and alcohol, to provide real-time insights into metabolic health. The study is published in Nature Communications. They say CHARM device contains all necessary biomarker sensors, low-power electronics, and a flexible battery. The left compartment of the device is designed to draw sweat passively using an osmotic hydrogel, a soft polymer that creates a pressure gradient to pull fluid from the skin painlessly. The sweat is then analyzed by multiplexed electrochemical sensor arrays within the same compartment, leading to simultaneous and real-time tracking of four biomarkers at a time.   The right compartment of the device contains a flexible zinc-silver oxide rechargeable battery that supplies power for up to 12 hours of operation between charges. Biomarker information generated through sensors is wirelessly transferred to a connected Bluetooth-enabled device for real-time display The findings indicated that the device performed well in initial temperature, cytotoxicity, and on-body compatibility tests. It also demonstrated high analytical accuracy in preliminary studies involving healthy participants and individuals with type 1 diabetes, highlighting its potential for non-invasive metabolic monitoring. The calculated estimated sweat-based blood glucose concentration showed a mean absolute relative difference of approximately 13.7% against its corresponding blood concentration values.   The device needs further validation in diverse clinical settings and across large diabetic cohorts.   https://www.news-medical.net/news/20260727/Prototype-smart-ring-tracks-multiple-sweat-biomarkers.aspx   XX Hotter weather and rising temps appear to increase the short term risk for low blood sugar in adults with type 1. An analysis of more than 32 million continuous glucose monitor (CGM) readings from nearly 700 adults with T1D in the UK showed a 26% greater risk for hypoglycemia at a temperature of 25 °C (77 °F) than at 13 °C (55.4 °F). Hypoglycemia was defined as a glucose level < 3.9 mmol/L (70 mg/dL). The study included 679 individuals with T1D and 32,966,282 CGM readings collected between February 23, 2017, and August 8, 2024. Participants had a mean age of 46.4 years and a mean T1D duration of 23.7 years. The researchers observed strong seasonal patterns, with lower odds of hypoglycemia in late winter and early spring, followed by a peak during the summer. The lowest risk occurred on Mondays. The odds then increased over the course of the week and peaked toward the weekend, with a significant odds ratio of 1.14 on Saturdays compared with Mondays. Increases in hypoglycemia were observed during both hot and cold weather, but the association was stronger for heat. The net odds ratio was 1.26 at 25 °C compared with 13 °C.   https://www.medscape.com/viewarticle/when-temperatures-climb-hypoglycemia-risk-rises-type-1-2026a1000q4r XX Seven weeks after the expulsion of five diabetes experts from the American Diabetes Association conference, controversy continues. More than 200 members now calling for two ADA leaders to resign. In response, the ADA delivered its own message Tuesday, expressing appreciation for members' patience while a report is prepared.   The resignation demand, sent last week in an open letter to the ADA board of directors, calls for the removal of CEO Charles Henderson and chief scientific and medical officer Rita Kalyani. It also urges "an independent investigation into the events of the 2026 Scientific Sessions in New Orleans, a full apology to the five colleagues removed from the meeting, and the restoration of editorial independence at Diabetes Care," an ADA scientific journal.   https://www.statnews.com/2026/07/28/american-diabetes-association-fallout-researchers-expulsion/ XX XX Still to come, , a new link between diabetes and dementia, device updates, and why you might want to start rooting for the Red Sox..   XX New study says that people diagnosed with type 1 diabetes (T1D) before the age of 10 years had a 37% higher risk of developing all-cause dementia later in life than those diagnosed between ages of 18 and 30 years. These researchers used a Swedish national register of 43,440 individuals with T1D (mean age at cohort entry, 33 years; 44% women) Worth noting a couple of things.. the mean age in this study was 33 – so the people who were diagnosed under the age of ten would not have had access to current technology – no CGMs or AID systems. And while the study says it's 37% higher for the younger group, the actual rate was still very low. As always, I'll link to the study so you can learn more. My obvious bias here to look for a silver lining because I have a son who diagnosed with T1D at age 2.   https://www.medscape.com/viewarticle/type-1-diabetes-onset-before-age-10-tied-higher-risk-2026a1000pir XX Researchers have developed a machine learning model that uses routine clinical information to detect diabetes and distinguish between type 1, type 2, prediabetes, and diabetes caused by pancreatic disease. The model performed well in early testing, but researchers say it still needs to be validated in independent patient groups before it could be considered for use in diabetes screening or clinical care. It did not assess clinical utility, patient outcomes, or quality of life. https://www.news-medical.net/news/20260729/Researchers-train-AI-to-detect-diabetes-and-assign-four-diagnostic-labels.aspx XX Trinity Biotech and Latch Medical are teaming up to explore combining CGM with precision drug delivery technology for diabetes, obesity, and other metabolic conditions. The companies hope real-time glucose data from Trinity's CGM+ sensor could eventually help guide more personalized treatment decisions and medication delivery. Trinity's CGM+ is still in development, with a pivotal clinical trial planned for later this year. https://www.drugdeliverybusiness.com/trinity-biotech-collab-cgm-drug-delivery/ XX The FDA selects Dexcom as the first participant in a new digital health pilot that will exempt certain digital health devices from FDA premarket authorization requirements while collecting real world data through a complementary Medicare program. Dexcom, plans to implement an artificial intelligence-enabled glucose health program through the pilot. The program is intended to help screen for prediabetes and Type 2 diabetes. The company plans to integrate data from its sensors, including its prescription G7 CGM and its over-the-counter Stelo device, along with contextual health information such as nutrition, physical activity, sleep and stress. The FDA announced plans for the Technology-Enabled Meaningful Patient Outcomes, or TEMPO, pilot last year amid a broader push for adoption of digital health and wearables. It coincides with a new program by the CMS to fund the use of digital technologies for managing chronic conditions. https://www.healthcaredive.com/news/fda-names-dexcom-as-first-participant-in-digital-health-pilot/826215/ XX Medicare and Medicare Advantage beneficiaries now have access to the new MiniMed Flex insulin pump. Beneficiaries can now access the MiniMed Flex and its latest sensor portfolio, which currently includes the Simplera Sync sensor, a disposable, all-in-one sensor with easy two-step insertion. The company plans to roll it out with the Instinct sensor, made by Abbott, later this summer. It also added Abbott's dual glucose-ketone sensor (still investigational in the U.S.) to its portfolio this year. Flex picked up FDA clearance in March and the company announced the initial commercial rollout of the pump last month. https://www.drugdeliverybusiness.com/minimed-flex-pump-now-available-medicare/ XX Eli Lilly expands it's partnership with Resilience – the makers of the KwikPen device. Through the investment, Resilience will significantly increase U.S. production of Lilly's KwikPen injectable device for diabetes and obesity medicines. In February, Lilly won FDA approval for Zepbound in a multidose KwikPen device. The product includes four doses of the GLP-1/GIP receptor agonist, providing a month of treatment for obesity or overweight in one device. Resilience expects the KwikPen capacity expansion to create at least 400 jobs in the Cincinnati area. https://www.biospace.com/deals/lilly-and-resilience-invest-750m-in-diabetes-and-obesity-drug-device-supply XX Alex Cooper – the host of the top podcast Call her Daddy – announced she's been diagnosed with gestational diabetes.   "When I got this diagnosis, the first couple days, I was really hard on myself," the 31-year-old admitted. "It felt very isolating, like, as much as my family and my husband and everyone was there for me I just felt like, it's me on an island." She says she found an online community that's been helping. In sharing her experience, she hoped it would alleviate the stress. https://www.eonline.com/news/1434556/pregnant-alex-cooper-shares-isolating-gestational-diabetes-diagnosis XX Several amazing diabetes non profits are vying for big charity dollars from the Boston Red Sox. The IMPACT Awards provide Red Sox fans with the chance to nominate their favorite, most impactful nonprofit organization serving New England for their opportunity to win a grant from the Red Sox Foundation. In 2026, the IMPACT Awards will focus on organizations that are supporting research and providing awareness, advocacy, and services to people with diabetes. Check out all the charities and vote for your favorites – you've heard of so many of these I promise – at the link in the episode show notes, . https://www.mlb.com/redsox/community/red-sox-foundation/impact-awards?partnerId=redirect-bos-impact

When the Title Changes but the Authority Doesn't: Family Business Succession with Paul Edelman Most family business succession plans fail not because the legal structure is wrong, but because authority never actually moves. In this episode of Wealth Actually, Frazer Rice talks with Paul Edelman, PhD of Edelman & Associates about how to tell the difference between a real handoff and a cosmetic one. Edelman unbundles succession into six separate questions, explains the three behavioral tells that reveal who is really in charge, draws a hard line between a legitimate safeguard and an open-ended veto, and makes the case that agreement from a family is not the same thing as ownership of a decision. https://youtu.be/p2KCsftvM74 Key Takeaways Succession is not one decision — it is at least six. Who gets the economic benefit of ownership, who votes the shares, who appoints and removes directors, who runs operations, who receives what information, and who retains informal influence after formal authority ends. Watch behavior, not titles. Compensation changes and org charts are easy to read and easy to fake. How decisions actually get made — and whether they get reversed — is the real signal. Three tells that authority hasn't moved: the next management layer still routes real decisions to the founder; the successor has never had a disputed call stand; and in a genuine crisis, the founder is the one who walks into the room. Speed is not the test. A five-year transition can be disciplined development; a six-month transition can be denial with a deadline. The test is whether milestones and readiness criteria are observable and stable, or whether the goalposts keep moving. “Not ready” is not a concern — it is a placeholder. If a founder cannot restate it in specific, testable terms, the obstacle is emotional rather than substantive, and it needs a different path. Advisor impatience often masquerades as clarity. When you catch yourself thinking “why can't they just do this,” ask whose timeline is actually being served — the family's, or your need to close the file. A safeguard is bounded; a veto is not. Reserve specific extraordinary decisions with defined scope, thresholds, triggers, evidence, and duration. “The successor is in charge unless the founder feels uncomfortable” is an undefined operational veto. Agreement is not ownership. A family can be outvoted and formally agree while owning nothing. Ownership comes from having weighed the trade-offs and the implications of each option in the room. Timestamps [00:00] Cold open — why “he's just not ready” is untestable [01:05] Welcome: founders at the sell-or-transfer crossroads [01:48] Unbundling succession into six separate questions [02:23] Running a diagnostic on where the founder actually is [03:00] Watch behavior, not titles — and what the CFO tells you [04:00] Decision reversals and the second-guessing test [05:00] The crisis test: who owns the emergency [05:36] Fast handoff vs. staged succession and prolonged ambiguity [06:10] Milestones that show it's working — and goalposts that keep moving [08:00] Inside vs. outside successors and family dynamics [08:54] Competing heirs and the outside CEO as bridge or avoidance [09:47] Reading resistance: making “not ready” addressable [11:10] The advisory ecosystem's frustration with stalled progress [12:16] Whose timeline is being served? [13:31] Push, pause, or reframe — the art and science of advising [15:00] When to change the forum, the decision rights, or bring in a facilitator [15:36] Safeguards vs. vetoes and the trap doors founders build [17:37] Board composition: independence vs. familiarity [20:00] Restructuring boards to create seats for new expertise [20:54] Income-dependent family members vs. growth-minded owners [21:34] Agreement is not ownership: dividends vs. reinvestment [23:31] Matching complexity to the outcomes you need [25:00] Communicating decisions to people who weren't in the room [25:26] How to reach Paul Edelman [25:46] The Edelman–Shenkman trilogy for estate planning attorneys [29:19] Close Pull Quotes “If the CFO briefs the new successor CEO and then confirms things with Dad, then the org chart is not telling the real story.” — Paul Edelman “To have authority when things are going well is fine. But the person who owns the crisis is the one who's really owning the leadership.” — Paul Edelman “A safeguard should be limited, explicit, and connected to some extraordinary risk. A veto is an ongoing ability to stop or reverse any old ordinary decision.” — Paul Edelman “Just because there's an agreement in name doesn't mean there's ownership of the decision.” — Paul Edelman About the Guest Paul Edelman, PhD is a coach, facilitator, and mentor at Edelman & Associates, where he works with family enterprise and family office leaders on decisions that cannot be delegated. He holds a PhD in developmental psychology from Harvard University and a BS in physics from MIT, and serves as faculty at The UHNW Institute and the Bertarelli Institute for Family Entrepreneurship at Babson College. Contact Paul Edelman Email: paul@edelmancoaching.com Website: edelmancoaching.com (contact form on site) LinkedIn: linkedin.com/in/pauledelman The Edelman & Shenkman Trilogy Paul and Martin M. “Marty” Shenkman, CPA, MBA, JD, PFS, AEP (Distinguished), of Shenkman Tietz, have written a three-part series aimed at estate planning attorneys: Simplicity and its trade-offs — When Clients Ask for a Simple Estate Plan, WealthManagement.com / Trusts & Estates, July 8, 2026. The language of estate planning conversations — published in Steve Leimberg's LISI Estate Planning Newsletter (subscriber archive). Beneficiary education — forthcoming October 2026, expected in Estate Planning. Paul's running author archive: wealthmanagement.com/author/paul-edelman More from Paul Edelman Approval Is Not Ownership: Helping Family Office Investment Decisions Hold Under Pressure — Family Wealth Report, July 1, 2026 How Families Can Override Emotions to Make Better Judgments — Family Business Magazine, April 9, 2026 Lessons For Families And Their Advisors From A Hit TV Series — Family Wealth Report, February 24, 2026 Stronger Family Bonds and Better Strategic Decisions — FFI Practitioner, January 20, 2026 Frequently Asked Questions What are the six questions a family business succession decision should be broken into?Who receives the economic benefit of ownership; who votes the shares; who appoints and removes directors; who runs the company operationally; who receives what information; and who continues to hold influence after formal authority ends. Bundling these into a single “handoff” decision is what creates ambiguity. How can you tell whether authority has really transferred to a successor?Watch three behaviors. First, where the next management layer goes for real decisions — employees are excellent at reading where power actually lives. Second, whether the successor has ever made a call the founder disagreed with and had it stand. Third, the crisis test: when a covenant breaks or a key employee leaves, who walks into the room and who gets briefed afterward. Is a fast succession better than a gradual one?Speed itself is not the test. A five-year transition can represent disciplined development, and a six-month transition can be avoidance followed by an arbitrary deadline. What matters is whether responsibility moves against observable milestones, whether the successor learns from outcomes instead of being rescued, and whether readiness criteria stay fixed rather than shifting each time the successor advances. What is the difference between a safeguard and a veto?A safeguard is limited, explicit, and tied to extraordinary risk — selling the company, debt above a threshold, issuing new equity, changing core strategy, or related-party transactions — with defined scope, thresholds, process, duration, trigger, evidence, and who decides. A veto is an ongoing ability to stop or reverse ordinary decisions. If the founder can intervene whenever they feel uncomfortable, that is an undefined operational veto. How should advisors handle their own frustration with a stalled family?Notice that impatience often feels like clarity. When you think “I see exactly what they need to do, why can't they just do it,” that is often the moment to slow down and ask whose timeline is being served — whether the ambiguity is genuinely damaging the company, or whether the recommendation mainly closes the case and relieves the advisor's discomfort with uncertainty. What makes an independent director genuinely independent in a family company?The ability to exercise business judgment and fiduciary duty free from undue family influence or loyalty to a particular branch. A director who is the founder's golfing buddy or tied to one family faction will struggle to deliver the value independence is supposed to provide. Why isn't agreement good enough?Because agreement in name is not ownership. A family branch can be outvoted, formally accept the outcome, and still feel no responsibility for it. Ownership comes from working through the trade-offs — what each option makes better and worse — so participants can say they helped weigh the considerations even if the result was not their first choice. Full Transcript [00:00] Paul Edelman: The resistance often takes the form of some sort of concern that is stated like, for example, the most general concern that people will say is, well, he or she, the likely successor, is just not ready. But that phrase “not ready” is at a very high level of generality. It's not specific enough to be testable or to be capable of being satisfied. So the challenge is to work with the founder to help them express their concern in terms that are actually addressable. [00:36] Announcer: Welcome back to the Wealth Actually podcast, the show that features experts, entrepreneurs, and commentators that will give you the right knowledge, planning, and guidance so you can preserve your assets and enjoy your wealth. Learn more and subscribe today at wealthactually.com. This podcast is for educational and entertainment purposes. It is neither investment, legal, nor tax advice and does not represent the opinions of the employers of the host or guests. [01:05] Frazer Rice: Welcome aboard, Paul. [01:07] Paul Edelman: Thanks, Frazer. Looking forward to our conversation. [01:09] Frazer Rice: Well, it's important because I deal with a bunch of founders and a bunch of other business owners, families, et cetera, that are trying to make sense out of the concept of passing along the business either to the next generation or deciding to sell it, and all sorts of parts of that tough crossroads that everybody has to go through at some point. And that's really the crux of your practice — to help people with those conversations. [01:34] Paul Edelman: Yes. [01:35] Frazer Rice: So when we're thinking about that and kind of unbundling the decision to pass the business along, when a family wants to talk about that, what are the separate parts of that decision that need to be contemplated? [01:48] Paul Edelman: Well, I see at least six different questions that need to be separated. One is who receives the economic benefit of ownership in the company. Another is who gets to vote the shares. And a third is who appoints and removes the directors. Then there's who runs the company from an operational standpoint, and who receives what information. And then, who continues to have influence even though they may no longer have formal authority. [02:23] Frazer Rice: So once you get into the… it always seems to me to be tough to sort of say, okay, here are six things that have to happen, and that's a lot for somebody to digest in the course of one or two meetings and get the buy-in from all the different constituencies that are interested in what the business is up to. How do you run a diagnostic to understand where a founder is — or generation one — in their own head space, and understanding what control being passed on looks like in summary form on those six different aspects that you brought up? [03:00] Paul Edelman: I think the key thing is to watch behavior more than titles. People often pay a lot of attention to when the titles have shifted or compensation shifts, things like that. But they pay less attention to how decisions are being made and whether those decisions get reversed. So when the title has moved but the authority hasn't moved, you tend to see three different things. First of all, you can see something going on at the next level down in management — not with the founder and successor per se, but with the other executives. You can ask yourself, who do they go to for the real decisions? If the CFO briefs the new successor CEO and then confirms things with Dad, then the org chart is not telling the real story. [04:00] Paul Edelman: Employees are excellent at reading where the actual power lives, because they can't afford to be wrong about that sort of thing. So that's one clue. Another is to look at decision reversals, or what is more commonly called second-guessing. You want to look for whether the successor has made a call that the founder disagreed with. And if so, did it stand, or did it get reversed? If the company is two years into succession and that's never happened, it's possible that the successor is pre-clearing everything with the former CEO and only making decisions that they know will be approved. So in that case, it's not real authority. And a third situation is what you could call a crisis test. [05:00] Paul Edelman: So when something genuinely bad happens — there's a breach of a covenant, or a key employee departs, or a lawsuit — the question is, who do people go to? Who walks into the boardroom and into the decision-making situation, and who ends up getting briefed afterwards? To have authority when things are going well is fine, but the person who owns the crisis is the one who's really owning the leadership, in a sense. [05:36] Frazer Rice: So one of the avenues that I think is interesting, that I read in your materials ahead of time, was the idea that a quick succession oftentimes — and maybe not often, but can be — a better avenue in terms of moving the succession forward, as opposed to having a staged succession where a long period of ruminating and decision-making often perpetuates ambiguity, or even confusion, amongst different constituencies both managerially and ownership-wise. [06:10] Paul Edelman: Speed itself is not the test. You could have a five-year transition that represents disciplined development of the successor, and you could also have a six-month transition that essentially is a denial of what needs to happen, followed by some kind of a deadline. But you certainly don't want to allow things to drift. If the transition is proceeding gradually, you can tell it's working if responsibility and authority are moving according to observable milestones. So the successor is making increasingly consequential decisions. They're learning from the outcomes rather than being rescued by the founder or the prior leader from their mistakes. [07:01] Paul Edelman: They're developing important relationships and they're becoming someone that others rely on. The criteria for readiness also should become clearer over time, and the founder's involvement should change in ways that are recognizable. So that's the ideal. But sometimes a gradual transition represents avoidance, and in those cases you see criteria — sometimes people refer to them as the goalposts — that keep moving. And decisions are repeatedly returned to the founder. Also, each step that the successor takes toward greater authority may be followed by a new reason why the founder feels that they're not ready. So the question that can be asked is: what are the capabilities that the successor is developing, and what specific evidence would demonstrate that? [08:00] Frazer Rice: When you're diagnosing what those capabilities are, as part of that diagnosis, if the successor is inside the family versus outside the family, how do you diagnose whether that is a positive or a negative, in addition to maybe the harder skill sets that are being dealt with? [08:29] Paul Edelman: If the successor is from inside or outside the family, I would say that many of the capabilities needed for leadership are the same. [08:40] Frazer Rice: Yeah, I was going to say — if you run into situations where a family member is capable skill-wise, but there are dynamics issues that have prevented their succession to the throne, essentially. [08:54] Paul Edelman: Sometimes there may be a situation in which you have more than one potential successor and they're in competition with one another, and the family is reluctant to declare a winner. And so one move that can be made in that situation is to essentially bypass the decision by going to the outside to bring in someone. It could be a kind of conflict avoidance mechanism. On the other hand, if no successor is really ready, then sometimes going to the outside can be an interim move. So some companies will hire an external candidate for CEO with the expectation that part of the responsibility will be to develop one of the family members who ultimately may take over. [09:47] Frazer Rice: And so part of your methodology is to read resistance in the room and understand where those pain points are. How does a founder, or generation one, or the successive generations understand what the resistance is? And how do you help them overcome that? [10:02] Paul Edelman: The resistance often takes the form of some sort of concern that is stated like — for example, the most general concern that people say is, well, he or she, the likely successor, is just not ready. But that phrase “not ready” is at a very high level of generality. It's not specific enough to be testable or to be capable of being satisfied. So the challenge is to work with the founder to help them express their concern in terms that are actually addressable. If you try to do that and you're unable to, that's an indication that the concern is less about something specific and addressable, and more about some unpleasant feelings that the founder is experiencing — and that implies a different path for how to address those, or what needs to be done. [11:10] Frazer Rice: For those of us in, let's call it the advisory ecosystem — that can be the wealth manager, or the lawyer, or the accountant, the people who help guide the technical succession issues, whether it's tax planning or trusts and estates or even just the corporate handoff — oftentimes we're presented with situations that just get muddled, and we look at lack of progress with frustration. How does an advisor deal with that, when the instinct and in a sense the business model is to try to push, to get resolution and to get progress on these types of issues? [12:16] Paul Edelman: The signal that I watch for is what that impatience feels like to the advisor. Sometimes it feels like clarity. The advisor says to himself, oh, I see exactly what they need to do — why can't they just do this? And in my experience, that's often the moment when it's helpful for the advisor to slow down. Not because the family should be allowed to delay indefinitely, but because the advisor's own need for resolution may begin to shape what they say and do, and the advice that they give. [13:00] Paul Edelman: One useful check that advisors can use for themselves is to ask whose timeline is being served. There may be a genuine business reason to act — it may be, for example, that the continued ambiguity is hurting the company, or weakening the successor, or leaving employees unsure about who's in charge. But I would also ask myself, and other advisors can ask themselves, whether their recommendation is mainly to help them close the case, or to demonstrate progress, or to relieve their own discomfort with uncertainty. [13:31] Frazer Rice: The concept of — this is really, I guess, the mix of art and science of advising — between push versus pause versus a total restructure or a reframing of the conversation. There's an intersection of, you have to have the technicals down, but then experience in dealing with personalities, experience with dealing with the specific family and situation, and guiding that. [14:15] Frazer Rice: I imagine occasionally you run into situations where, at the intersection between the advisors and the family, they feel stuck. And so then the concept of getting them unstuck — yet there is resistance to maybe bringing in a facilitator to help grease the skids and get the conversation moving again. How do you help that reframing discussion? [14:40] Paul Edelman: I guess the question I would ask is, where do things stand? Has a decision actually been made, or is the obstacle substantive, or is it the process? So when a decision has been reached through a legitimate process and what you see is some sort of executional drag or discomfort, those are the situations where I think it's helpful to hold the boundary. You can acknowledge whatever feelings may be slowing things down, but there's not a need to reopen the decision. [14:55] Paul Edelman: On the other hand, if the discomfort that people are feeling suggests that there's some sort of important concern that hasn't yet been understood, then that's where I would pause. And that pause can involve useful work. You can ask people, what is it you're trying to protect? What are the consequences that you fear? What would need to be true for proceeding to feel responsible rather than reckless? And then there are times when it makes sense to restructure or to add structure. So for example, the choices are pretty clear, but the same conversation keeps recurring and producing the same result. In that case, you want to think in terms of either changing the forum, or clarifying the decision rights, or maybe dividing the issue into smaller decisions, or even bringing someone in to help structure the conversation, like a third-party facilitator. [15:36] Frazer Rice: The handoff ultimately — when the founder, or generation one, has gotten to the point where they're ready to move things along to the next set of operators, the next set of owners — and at the same time, in order to feel safe, they've created some safeguards, or let's call it some trap doors or back doors, to be able to help influence decisions if they feel like things are going in a different direction. How do you think about it so that they don't turn into pain points — maybe regret that turns into a veto power that stymies the succession, even if it's already been decided and put in motion? [16:21] Paul Edelman: Well, I think you put your finger on it. There's a key distinction to be made here between a safeguard and a veto. A safeguard should be limited, explicit, and connected to some extraordinary risk, whereas a veto is kind of an ongoing ability to stop or reverse any old ordinary decision. So when it comes to safeguards, a family might reserve certain kinds of decisions — like selling the company, or taking on debt above a certain level, or issuing new equity, or changing the basic business strategy, or entering into a transaction with a family member. [16:59] Paul Edelman: Those kinds of things can be specified, and the scope, the threshold, the decision process and the duration of the safeguard should be clear — as well as who can invoke that protection, what evidence is required, and who decides whether the trigger has occurred, and so on. So the problems arise when the arrangement is essentially one in which the successor is in charge unless the founder feels uncomfortable. If the founder is allowed to intervene anytime they feel uncomfortable, as opposed to for these specific kinds of reasons, then you're dealing with more of an undefined operational veto. [17:37] Frazer Rice: To that end — boards of directors related to these companies, whether they're private or public, but we're really talking about private in most cases. The constitution of those boards: how involved do you get in that? And what is the importance of independence versus familiarity versus family member input, to act as a go-between in many ways between founder, the operational executives, and then ultimately the owners? [18:07] Paul Edelman: Well, in order to really add value — the kind of value that independent directors can potentially offer to a company — they need to be adequately independent. That is to say, they need to be able to exercise their sound business judgment and carry out their fiduciary responsibilities in a way that is free from undue influence by other kinds of family considerations, and potentially loyalty to particular family members. So I think in those cases where a so-called independent board member is actually a golfing buddy of the CEO or the founder, or has a tie to one particular family member or branch of the family, it may be harder for them to bring the full value that an independent director can bring. [18:55] Paul Edelman: Then of course, another reason why companies bring in independent directors is because they have some additional expertise that the current board members or family members lack. So for example, a colleague and I are working with a company right now where the core business has been subject to commoditization, and they've made a strategic decision to diversify. But in order to diversify, they need to bring in people with new expertise, particularly in the line of business that they want to move into. In order to do that, they need to create some space in their board or boards of directors — they have several different kinds of boards. And as part of this, we were brought in to take a look at those existing boards and help them think about how to restructure in a way that could create some open seats while minimizing the displacement of people who are currently board members, including family members who are board members, who may not feel too positively about losing their board seat. [20:54] Frazer Rice: Related to board seats, but more specifically to family ownership — the concept of family members who rely on the family business for income, versus maybe other parts of the family that are looking at the business and thinking of growing the valuation or innovating with the business, that type of thing. With the tension between those two different components, how do you solve for that and have that conversation stay productive, when I imagine it can get emotional very quickly? [21:34] Paul Edelman: This is where a third-party facilitator can be helpful to slow things down. When things begin to get heated, it's often helpful to have a neutral or impartial person present who can help to reduce the heat in the conversations. There are a number of things in particular that can be done under those circumstances. First of all, anytime there are these kinds of tough decisions, there's never a single right answer. There's always trade-offs involved. And some boards work their way through these things by voting. I'm dealing with a situation right now where some members of the family were outvoted. At the end of that vote, they say, okay, we now have an agreement, we're going to move forward with this. But just because there's an agreement in name doesn't mean there's ownership of the decision. [22:34] Paul Edelman: So in order to create ownership, I think it is helpful to have the difficult conversations and to consider the implications of going one way versus another. If we were to distribute all this money in the form of dividends, what would be the benefits of that, and what would be the costs associated with that? And on the other hand, if we were to plow it all back into growth of the business, what's the upside and downside of that? Only by considering different options and the implications of each can the family ultimately arrive at a decision where people feel like, well, I may not have agreed to this, but I was part of the discussion, I was part of the process of weighing the different considerations, and I'm willing to buy into this. In other words, I feel some ownership for this decision. [23:31] Frazer Rice: As we start to wind down here, an interesting concept is what should all the constituencies come away with from the decision-making process. And as a follow-up to that is simplicity versus complexity of the solution. How do you manage that so that you take care of the needs of the business and the needs for structuring, with the need for simplicity, so that everyone who comes away from the discussion and the decision-making understands what's been put in place? [24:06] Paul Edelman: As far as the solution itself goes, the level of complexity should match what's required to accomplish the desired outcomes. So complexity for its own sake is not useful. But when you're trying to accomplish more than one thing at a time, it may require a more complex approach to the solution. So that's on the solution side. Now the other side of it has to do with communication. How do you share what's been decided with other people, especially people who haven't been in the room? And I think that the best way to do that is to try to explain clearly what was the context of the situation in which the need to make this decision arose; what were the desired outcomes that the decision makers were trying to produce, what were they trying to accomplish; and the flip side of that is what were they trying to avoid, or what were they trying to protect. [25:00] Paul Edelman: When you share all of that, the rationale for the decision becomes more understandable, and also you have a better case for justifying any complexity that's part of the decision. As far as complexity goes, of course, you want to use the simplest, most straightforward language to describe what you've come up with. But I think the key thing to getting buy-in is to make sure that the rationale is clear, and people understand that there was a thoughtful and systematic process behind it. [25:26] Frazer Rice: Really good stuff. Paul, how do people find you to hear more about what you're up to? [25:32] Paul Edelman: My website is edelmancoaching.com. So people can go to edelmancoaching.com, read more about the work that I do, and there's a contact form there. Or people can simply email paul@edelmancoaching.com. [25:46] Frazer Rice: Just to — because you're being very humble — you have a couple of articles coming out with Marty Shenkman, where the intersection of probably the trust and estate planning and the actual, let's say, getting the business ready for the next generation, whatever form that takes, is probably front and center there. How would people find that? [26:06] Paul Edelman: So we've written three articles recently, kind of a trilogy, and they're each going to be carried in different places. Two have already come out, and one is due to come out. These are aimed primarily at estate planning attorneys. But the first one is on when the client asks for a simple estate plan. And this relates a little bit to what you were describing, in a different domain — the domain of trusts and estate plans and so on. But the point that we make is that the client's request for simplicity is understandable, and ideally the attorney will validate that. But at the same time, along with the request for simplicity goes potentially some compromises, because when you have multiple desired outcomes, it may take more of a complex structure to achieve those outcomes. So the role of the planner is not to introduce complexity for its own sake, but to make clear to the client [27:06] Paul Edelman: what trade-offs they'd be making if they went with a simpler plan, and what additional protections they can get by considering a more complicated one. Then the second piece is on the use of language in these estate planning conversations. And again, it relates to this concept we were talking about a minute ago, of the difference between agreement and ownership. Some clients are willing to agree to whatever the attorney says. If you say to them, “Well, I think this is the best plan for you,” they say, “Fine, where do I sign?” But the goal, ideally, is more than just agreement. It's ownership. Because in the absence of ownership — and by ownership, I mean that the client understands the trade-offs that are being made, they feel that they had agency in the process of making those trade-offs — [28:06] Paul Edelman: and ultimately, if something doesn't work out as well as hoped, people will not go back and point a finger at the planner and say, “You did this, how could you do this?” or something like that, but rather, “This was a collaborative effort. You made clear what the choices were, and we made them together.” So that piece talks about language, and how, for example, there's a difference between saying to a client “you should do this,” and speaking to them in terms of what they can do. [28:42] Frazer Rice: And then the third piece — when's that coming out? [28:46] Paul Edelman: The third piece is on beneficiary education, and that one will come out in October. And so the first piece came out in a publication called Wealth Management. The second piece came out in a newsletter that's published by, I think it's LISI. And the piece that's coming out in October is, I think, being published in a magazine or a journal, something like Estate Planning. [29:19] Frazer Rice: They're everywhere. So, terrific. Well, Paul, thanks for being on. I'll put all that in the show notes, and look forward to staying in touch. [29:26] Paul Edelman: Thanks very much, Frazer. [29:28] Announcer: This podcast is for educational and entertainment purposes. It is neither investment, legal, nor tax advice, and does not represent the opinions of the employers of the host or guests. Additional Links Mark Tepsich of Family Governance https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/

Grant McAuley, filling in for Mike Johnson, Ali, and Beau react to all the news that came out of Atlanta Falcons training camp over the weekend, including the Falcons signing starting left guard Matthew Bergeron to a four-year contract extension worth $96 million with $60 million guaranteed, and explain why they think Falcons tight end Kyle Pitts may end up being the biggest beneficiary to having Matt Ryan back.

 How Beneficiaries are Affected by Wills and Trusts

Beneficiary forms...sexy?In this episode, I'm joined by my friend Allie Irwin—hypnotist, coach, and creator of the Treasure Map, an end‑of‑life planning process—who makes a compelling case that it can be.You'll hear why preparedness is an act of care and freedom, how Allie's clients literally find money (forgotten accounts, double charges, missed benefits), and what really happens in the first week after a loved one dies—when you're forced to make 80+ decisions at about 20% brain capacity. This is end‑of‑life planning without the euphemisms.Together we unpack why we avoid talking about death, how to turn that avoidance into radical preparedness, and why doing this work now can shift your relationships, your money, and even your career choices.Ultimately, this conversation is a celebration of life, the people we cherish, and living with real authenticity and integrity.What you'll learn: How end-of-life preparedness can actually be an act of care, freedom, and service to the people you loveHow simple planning (like updating beneficiaries and listing accounts) helps you avoid devastating and expensive mistakesHow doing a “Treasure Map” style audit often leads people to literally find money—forgotten retirement accounts, double-charged interest, unused benefitsWhat actually happens in the first week after a death, and why 80+ decisions at 20% brain capacity is a terrible time to start planningHow talking about death surfaces unspoken expectations, invisible labor, and power dynamics in relationships—and can deepen appreciation for your partnerWhat emotional regulation and hypnosis tools (like Havening) can do to help you stay present and grounded in the midst of grief and big conversationsHow contemplating your own mortality can clarify your true priorities and catalyze bold choices in money, work, and lifeFeatured: Learn more about Allie on her website: www.allieirwin.comFollow her on Instagram: https://www.instagram.com/allie.p.irwin/Treasure Map with Allie Irwin: https://allieirwin.com/treasure-map/Learn more about Jamie on her website: www.jamieleecoach.comFollow Jamie on Instagram: https://www.instagram.com/jamieleecoach/1:1 Executive Coaching with Jamie: https://www.jamieleecoach.com/applyText me your thoughts on this episode!Enjoy the show? Don't miss an episode, listen and subscribe via Apple Podcasts or Spotify.  Leave me a review in Apple Podcasts. Connect with meBook a free hour-long consultation with me. You'll leave with your custom blueprint to confidence, and we'll ensure it's a slam-dunk fit for you before you commit to working with me 1:1. Connect with me on LinkedIn Email me at jamie@jamieleecoach.com 

Out-of-pocket exposure is an important component in Medicare coverage conversations. In this episode, learn which costs factor into the OOP equation and help your clients make more educated decisions.   Read the text version   Get Connected:

✍️ How to Change Beneficiaries on Retirement Accounts After Divorce | Los Angeles Divorce

Protecting assets in divorce doesn't have to be confusing. Learn how prenups, postnuptial agreements, trusts, inheritance, and estate planning can help protect your financial future before or during marriage.What happens to an inheritance in a divorce? Does putting assets into a trust automatically protect them? Is a prenuptial agreement only for wealthy couples? Can a postnuptial agreement protect your family if addiction, business ownership, or financial concerns become part of your marriage?In this episode of Doing Divorce Different, Lesa Koski sits down with Minnesota estate planning attorney Melissa Miroslavich to answer the questions many people don't realize they should be asking until it's too late.Together they discuss protecting assets in divorce, the differences between marital and non-marital property, when prenuptial agreements and postnuptial agreements make sense, how trusts actually work, and why estate planning should be part of every family's long-term plan.Whether you're happily married, engaged, considering divorce, or simply planning for the future, this conversation will help you better understand your options and make informed decisions.In this episode you'll learn:• What a prenup really does (and doesn't do)• When a postnuptial agreement may be appropriate• How inheritance is treated during divorce• The difference between marital and non-marital property• Common misconceptions about trusts• How addiction or financial struggles can affect long-term planning• Why mediation allows families to create customized solutionsEvery family is unique, and every situation deserves thoughtful planning. This episode is educational in nature and is not legal advice. If you have questions about your own circumstances, consult an experienced attorney in your state.If this episode helped you, please subscribe, leave a review, and share it with someone who may benefit from understanding how to better protect their family and financial future.Timestamps(00:00) Welcome and introduction to protecting assets in marriage and divorce(02:15) What every couple should know about prenuptial agreements(08:30) Marital vs. non-marital property explained(13:45) Can inheritance stay separate during divorce?(20:05) Trusts explained: Revocable vs. irrevocable trusts(29:40) Real-life divorce scenario involving inherited assets(37:20) Addiction, financial protection, and postnuptial agreements(48:15) Divorce, legal separation, or postnuptial agreement—which offers the most protection?(56:10) Estate planning after divorce(1:02:45) Beneficiary designations people often forget to update(1:07:30) Final thoughts and practical planning tipsKey TakeawaysA prenuptial agreement is more than planning for divorce—it creates clarity, transparency, and shared expectations before marriage.Simply placing assets into a trust does not automatically protect them during a divorce.Keeping inherited assets separate is essential if you want to preserve their non-marital character.Postnuptial agreements can help couples proactively address financial concerns, but they have unique legal requirements.Estate planning and beneficiary designations should always be reviewed after a divorce or major life change.Guest BioMelissa Miroslavich is a Minnesota attorney focusing on estate planning, prenuptial agreements, postnuptial agreements, business succession planning, and asset protection strategies. She helps individuals, families, and business owners create thoughtful legal plans that protect what matters most while preparing for life's expected—and unexpected—transitions.Resources MentionedMelissa Miroslavich Lawhttps://miroslavichlaw.comSchedule a Divorce Clarity Sessionhttps://www.lesakoski.com/offers/2HAtaGZ6/checkoutDivorce Comeback Communityhttps://www.skool.com/divorce-clarity-40-8663/aboutSoberlink – A Trusted Tool for Accountability in Family Law Caseshttps://www.soberlink.com/divorce/family-law?utm_source=affiliatelink&utm_medium=referral&utm_campaign=lesa-koski-affiliatelinkOsteoStrong Minnesota – Bone Health & Strengthhttps://osteostrongmn.com/affiliate-referral-koski/Tags / Keywordsprotecting assets in divorce, divorce, divorce mediation, mediation, prenuptial agreement, prenup, postnuptial agreement, postnup, inheritance and divorce, trusts, revocable trust, irrevocable trust, estate planning, marital property, non-marital property, asset protection, Minnesota divorce, divorce planning, divorce coach, Lesa Koski, Melissa Miroslavich, family law, divorce education, financial planning after divorce, collaborative divorce

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In this essential Part 2 of our series on Estate Reclamation, Russell Paul Arthur continues his deep dive into the lawful procedures required to reclaim your estate from the control of the Crown Commonwealth. Building on the foundational knowledge from Part 1, Russell explains the specific affidavit processes, private trust structures, and judicial remedies available through Grace Private Court. We explore how to transition your assets from public domain control to private sovereign authority, and the exact steps required to execute an estate reclamation and restructure your life for maximum protection and asset preservation.   ⏱️ Important Chapter Points & Exact Timestamps 0:00.6 Welcome to The Sovereign Man Podcast and The Awakening Podcast 0:05.9 Fifth Visit from Russell Paul Arthur 0:23.7 Russell Paul Arthur's Self-Introduction 0:42.7 Grace Private Society: A Sovereign Organization 1:01.7 Declaration of Independence from the United Kingdom 1:17.7 Grace Private Court: Handling Judiciary Matters 1:29.4 Creator of Grace Sovereignty Academy 1:59.6 System of Control and Extortion 3:18.8 The Importance of Private Courts and Corruption 3:52.7 Creating Something Outside the System 4:27.8 Current System Built on Fiction, Fraud, and Deception 5:31.7 Only Way is Out: Leave the System and Start Fresh 6:20.3 You Don't Win in Their System 6:58.4 Current Court System is a Tiered System 7:38.7 Judges Prevent Access to Court of Equity 8:05.0 All Property Locked into Public Trusts 8:25.7 System Works on Two Principles: Control and Extortion 12:24.4 What is a Public Estate? 12:49.1 Disclaimer and Advisory 15:14.5 Using Affidavit to Get Courts, Detectives, Bailiffs to Back Off 19:40.7 Public Trust Arrangements Explained 22:05.6 Deception and Fraudulent Measures: Grounds for Remedy 23:26.8 Undisclosed Arrangements: Grounds for Coming Back for Remedy 31:11.6 True Relief and Remedy Outside the System 32:08.5 The Private Estate Solution 35:37.0 Setting Up a Private Estate with Academy Members 37:54.3 Remedy and Solution: Estate Reclamation 39:10.3 The Paramount Claim 39:36.9 Estate Reclamation Done in Accordance with Law of Maxims of Equity 40:04.2 Maxim: "Equity Will Not Suffer a Wrong to Be Without a Remedy" 40:39.4 Maxim: "Equity Will Not Allow a Statute to Be Used as a Cloak for Fraud" 43:07.3 Lord Chancellery and Chancery Court of Equity 43:14.2 Equity as Remedy to Common Law 44:37.9 Most Courts Around the World Have Equity Built In 45:01.8 True Court of Equity Sits in Exclusive Equity 47:32.8 Court of Chancery: Highest of Highest Courts 47:52.9 Judges Prevent People from Going Up Through System 48:05.8 Creating Our Own Private Court with True Equity 49:50.5 Our Court is Justice by Consent 67:43.5 Estate Reclamation as Remedy and Solution 69:14.5 Maxim: "Equity Looks to the Intent and Not the Form" 70:19.1 Maxim: "Equity Regards the Beneficiary as the True Owner" 86:39 Closing Discussion and Fair Payment System 87:05.3 The 10-Week Trial System 87:37.7 10% Completion Rate and Serious Commitment Required 122:33.2 Academy Courses and Classes 122:50.7 10-Week Group Mentorship Sessions 123:04.2 Fully Informed Decision After 10 Weeks 123:19.4 Next Episode: Status Protection 123:22.7 Private Trusts and Formation 123:37.9 Operating in the Public Safely Through Private Trusts 123:47.6 Private Trusts as Lawful Avatars and Protective Shields 123:50.9 Final Links and Contact Information   TOTAL DURATION: 123 minutes 57 seconds  

In this episode, Alex and Wade clarify important aspects of Health Savings Accounts (HSAs), particularly focusing on the rules surrounding beneficiaries. They address common misconceptions about what non-spousal beneficiaries can do with HSA receipts after the account holder's death and emphasize the importance of utilizing HSA funds during one's lifetime. The discussion also touches on the implications for charitable giving when it comes to HSAs. Listen to the full episode here.

This week we drop another Q&A episode with my colleague, Mario Bernardi. In this episode we discuss Beneficiaries, Suitability, and What's My Number.

Send us Fan MailThe most important inheritance conversations are about trust, context, and relationships.Emily Bouchard, TEDx speaker, founder of Family Focused Wealth, and host of the Wealth Coherence Podcast joins Tony on the Get Ready Before Life Happens podcast to talk about why families need safe, transparent conversations around money, trust, and inheritance.They explore how trust, communication, and shared values help families build resilience, prepare beneficiaries, and reduce the emotional impact of inheritance and loss.Key Takeaways

For today's episode, four panelists (Prof. Hironori Washizaki, Prof. Willi Semmler, Prof. Aleksandr V. Gevorkyan, and Tato Khundadze) take part in a discussion on the extent of AI adoption in Japan, Germany, Armenia, and Georgia, who is truly benefitting from it, and what can be done to ensure that the technological progress is shared with everyone.To check out more of our content, including our research and policy tools, visit our website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.hgsss.org/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 

The Social Development Minister believes the latest Jobseeker numbers prove employers are keen to take on people on benefits. Latest MSD data shows a 1.9% increase year-on-year in people receiving the main benefit at the end of June. 12.8% of the working-age population is drawing on the main benefit – up from 12.6% a year ago. Minister Louise Upston told Mike Hosking 86,000 people also moved off the benefit. She says partnerships with employers have been developing over the last few years and is making a difference in creating long term sustainable jobs. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Chris’s Summary Jim and I dig into two beneficiary disputes as part of what we’re calling a “potpourri” EDU show: the 1930s Goodman Triangle life insurance gift tax dispute and a recent Montana Supreme Court ruling on an uncashed cashier’s check. We also discuss a bipartisan proposal to raise the home sale capital gains exclusion and a separate proposal to index capital gains for inflation more broadly. Jim’s “Pithy” Summary Chris and I dig into a variety of topics, starting with a court fight that traces back nearly a hundred years, something folks in the industry call the Goodman Triangle. Picture three people tied to one policy: an owner, an insured, and a separate beneficiary. Mrs. Goodman took out five life insurance policies on her husband, moved them into a revocable trust, and thought she was fine, until he died and the IRS said she’d made a taxable gift. She fought it and the court’s decision on the case still gets cited whenever a policy or an annuity has three different people sitting in those three roles. From there we get into a couple of proposals sitting in Congress right now. One would finally raise the exclusion on gains from selling your primary home, something that hasn’t budged since the late nineties even as home prices have doubled and tripled around the country. The House and Senate versions land in slightly different places, but both would roughly double the current numbers and index them for inflation going forward. The other proposal is a longer shot, backed by senators who don’t have much bipartisan goodwill behind them, and it would apply an inflation multiplier to stocks, real estate, and other capital assets so you’d only owe tax on the growth that’s actually real. We close with one of our beneficiary disputes out of the Montana Supreme Court: a husband pulls eighty thousand dollars out as a cashier’s check made out to himself, hides it in the house, and dies without a will. His wife cashes it, his son sues, and the ruling comes down to whether a gift was ever actually completed. The post A Potpourri of Beneficiary Disputes and Tax Laws: EDU #2628 appeared first on The Retirement and IRA Show.

Send us Fan MailBeing named executor is more than a title. It's a responsibility most people are not prepared for.Julie Rains, author and storyteller joined me on this episode of Get Ready Before Life Happens, to talk about the realities of settling a parent's estate and what it truly means to serve as an executor.Drawing from her personal journey, Julie shares practical lessons around cash flow, access to accounts, beneficiary designations, financial institutions, and why family conversations before a loss are one of the greatest gifts we can give.Key Takeaways

Tara is joined by Canadian author JoAnn McCaig and they discuss her latest novel, Beneficiary, published in May 2026 by University of Calgary Press. https://shelflifebooks.ca/item/r5ypYwSBQz_hNTMssW3i2g "Seren was doomed to a country club cage and a leash of pearls until out of the blue on a Tuesday night in 1969, she found herself suddenly saying "no." More than fifty years later, she looks back on her life and each choice that followed, beautiful, tragic and completely her own. Leaving her family for the freedom of the 1970s, Seren began a quest to discover how to live in this world as her true self—a quest that would take her from the heady countercultural milieu of communal houses on Vancouver Island through marriage and motherhood, divorce, and an unexpected inheritance that changed everything. Suddenly wealthy, Seren must wrestle with money, with class, and what it means to have more than most. What does it mean to live truly, through tragedy and heartbreak? How do we create ourselves in a world that keeps changing? What does it mean to have money when so many people don't? A richly written, fiercely feminist novel imbued with real bravery, Beneficiary weaves the past and the present in a rich tapestry of life." Suggested Reading: Ripeness; Summerwater; My Good Bright Wolf: A Memoir by Sarah Moss Scary Monsters; Theory & Practice by Michelle de Kretser Lampedusa by Steven Price https://joannmccaig.com/ https://www.instagram.com/shelflifebooks/ https://shelflifebooks.ca/    

This week we're covering the FTB's recent legal ruling clarifying when a discretionary trust beneficiary becomes noncontingent.

TOP RETIREMENT MISTAKES WHY BENEFICIARY DESIGNATIONS MATTER WATCH ON YOUTUBE Thad Ismart, CFP®, ChFEBC, CEPS Senior Financial Planner Tessa Hall Media and Communications Specialist About This Episode Tessa Hall speaks with BWFA Senior Financial Planner Thad Ismart about why beneficiary designations are one of the most overlooked parts of retirement planning. They explain how retirement accounts transfer, why beneficiary forms override a will, and when those designations should be reviewed. This episode is part two of BWFA’s Top Retirement Mistakes series, which explores common retirement planning mistakes and strategies to help avoid them. To learn more about retirement planning, visit our Financial Planning page. Read Full Description Beneficiary designations play a significant role in determining who receives your retirement assets. However, many people assume their will controls those accounts. In this episode of Healthy, Wealthy & Wise, Tessa Hall speaks with BWFA Senior Financial Planner Thad Ismart about beneficiary designations and why keeping them current is so important. They discuss qualified retirement accounts, common beneficiary mistakes, and how outdated forms can create unintended consequences after major life events. Thad also explains how beneficiary designations interact with wills and trusts and why reviewing them after marriage, divorce, births, or deaths is an important part of retirement planning. This episode is part two of BWFA’s Top Retirement Mistakes series. Top Retirement Mistakes Series Episode 1: Why You Need an Estate Plan Episode 2: Why Beneficiary Designations Matter Episode 3: Will You Spend Too Much in Retirement? Episode 4: The Retirement Risk Most People Miss Episode 5: RMD Mistakes That Can Cost You Episode 6: Why Retirement Planning Matters

As parents age, money can get more complicated—bill paying, account access, healthcare decisions, investment management, and eventually the possibility that someone else may need to step in. In this episode, Don and Tom walk through how families can start that conversation before a crisis hits. They cover when to begin talking, what adult children should know about accounts and spending, why durable powers of attorney need to be checked with custodians in advance, and the importance of reviewing wills, beneficiaries, and backup decision-makers. They also talk about the emotional side of these transitions, including independence, trust, and the danger of children projecting their own investing preferences—or financial self-interest—onto aging parents.Then they answer two listener questions: one about whether it's time to fire an evasive advisor charging 1% plus expensive funds, and another about alternative career paths in financial planning beyond the traditional CFP route.0:05 – Intro: the hard conversation families need to have about aging and money1:00 – When parents—or you—reach the point where financial help may be needed1:56 – Tom's family experience and the challenge of stepping in gracefully3:17 – Why families should talk early about money, spending, and where accounts are held5:24 – Account access, passwords, and why digital organization matters more than ever7:38 – Durable power of attorney: why you need one and why custodians should review it in advance9:01 – Backups for everything: POAs, wills, beneficiaries, and successor decision-makers10:02 – Why adult children should meet their parents' financial advisor before a crisis11:07 – When a trusted advisor can help if parents don't want children directly involved11:28 – How to approach the conversation as an adult child without expecting instant control12:28 – Don't project your own investing style onto your parents' retirement portfolio13:28 – The uncomfortable reality of greed and inheritance influencing family decisions13:40 – Why this belongs at the top of the planning checklist for older families14:07 – How to send your own questions to Talking Real Money14:58 – Listener question: Is it time to fire a wealth manager who won't answer basic questions?17:15 – Don and Tom's verdict on an advisor charging 1% while dodging accountability18:48 – Listener question: Are there good financial-planning career paths besides becoming a CFP?20:41 – The regulatory reality of giving investment advice for a fee22:32 – Relationship roles, planning roles, and the growing specialization inside advisory firmsQuestions? Comments? Click!

Chris Forsberg welcomes in Sports Illustrated's Tom Haberstroh to discuss the shocking trade of Jaylen Brown to the rival 76ers. Why this deal? Was the return enough? Tom makes the case for the Celtics roster playing better in games without Brown last season and breaks down why Payton Pritchard stands to benefit the most from Brown's departure.   00:00 - Tom shares his initial reaction to the trade 05:30 - Was it the right time to break up The Jays? 10:30 - Is the roster better without Brown? 15:30 - Does Pritchard benefit the most? 18:30 - Did the cap and draft lottery influence the deal? 21:00 - What are the plans for Paul George? WATCH every episode of the Celtics Talk podcast on YouTubeFollow NBC Sports Boston:NBCSportsBoston.comX @NBCScelticsFacebookInstagramTikTok Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This article describes how you can plan if your beneficiary has a gambling addiction.

Text the show! Congress just passed a major housing bill designed to increase affordable housing across America.But there's one question that rarely gets asked:Is affordable housing the same thing as affordable homeownership?In this Sequel Sunday, Chad Law takes a common-sense look at the new legislation, separating the headlines from the fine print. From tax incentives and zoning to voter psychology and government accountability, this episode explores why building more housing doesn't necessarily make it easier for Americans to own a home.Topics include: • Breaking down the new federal housing bill • Affordable housing vs. affordable homeownership • Why starter homes continue to disappear • The incentives driving housing policy • Taxpayer accountability • The growing gap between political headlines and economic reality

ACT is campaigning on a welfare clampdown this election, saying benefits should be a hand up not a way of life. It wants to be make it mandatory for all health and disability benefits to be issued by MSD approved, designated doctors. Beneficiary advocate Kay Brereton says the policy shows a complete lack of understand of some peoples reality. Brereton spoke to Lisa Owen.

Thinking about buying property in Mexico? Before you sign a contract or transfer funds, make sure you understand the legal process that protects your investment. In this episode of Retirement in Mexico – Live by Design with Taniel Chemsian, Taniel sits down with Spencer Richard McMullen, an experienced attorney specializing in Mexican real estate law, to uncover the legal essentials every foreign buyer should know before purchasing property in Mexico. From understanding bank trusts and verifying property titles to navigating deeds, contracts, escrow services, and ownership structures, Spencer shares practical advice that can help buyers avoid costly mistakes and confidently invest in Mexican real estate. He also explains why due diligence is far more important than simply trusting the seller, and how proper legal guidance can protect your investment for years to come. Whether you're planning to retire in Mexico, purchase a vacation home, or invest in property south of the border, this episode provides actionable insights into the legal process, common pitfalls, and the critical steps every foreign buyer should take before closing a deal. In this episode, you'll learn: How foreigners can legally own property in Mexico What a fideicomiso (bank trust) is and when it's required The importance of verifying titles, deeds, and ownership records Common legal mistakes foreign buyers make—and how to avoid them When escrow should be used during a real estate transaction Red flags to watch for before signing a purchase agreement How marriage, inheritance, and estate planning affect property ownership Why working with an experienced Mexican real estate attorney is essential Whether you're just beginning your research or preparing to buy your dream home in Mexico, this episode will help you navigate the legal landscape with greater confidence and peace of mind. Key Moments :  05:31 Reviewing property documents and inspections 08:34 Resolving property ownership issues 12:50 Beneficiaries and land trust rules 16:46 Paying taxes after a spouse dies 19:09 Practical tips for home buying 22:16 Abuse of rental agreements 23:46 Verifying identity with fingerprints   How to contact Spencer Richard McMullen :  Email: chapalalegal@gmail.com Website: https://www.chapalalaw.com/ FaceBook: https://www.facebook.com/p/Spencers-Office-SC-Abogados-100063178031036/   Feeling overwhelmed about buying in Mexico? Chat TCP, our AI-powered assistant, guides you to stress-free homeownership. Click here to start using Chat TCP: https://tanielchemsian.com/chat-tcp/?utm_source=youtube_lbd_mex   Want to own a home in Mexico? Start your journey with confidence - download your FREE “Buyer's Guide” now for expert tips and clear steps to make it happen! Click here - https://tanielchemsian.com/buyers-gui...   Discover why everyone is falling in love with Puerto Vallarta real estate: https://tanielchemsian.com/puerto-vallarta-real-estate/   Join the ‘Taniel Chemsian Properties' YouTube channel to learn what you need to know about Puerto Vallarta real estate. https://www.youtube.com/@TanielChemsian   Join our ‘Live By Design: Mexico Edition' podcast: Apple: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/0VfClD5... Amazon: https://music.amazon.com/podcasts/032... YouTube: https://www.youtube.com/@livebydesignmexicoedition   Contact Information: Email: info@tanielchemsian.com Website: https://tanielchemsian.com/ Mex Office: +52.322.688.7435

How do you become a grateful person?In this reflection on Psalm 103, John Ortberg explores one of the great themes of spiritual life: gratitude.At the center of Psalm 103 is a simple command:"Forget not all His benefits."Drawing from philosopher Robert C. Roberts and the rich imagery of the Psalm itself, John explores why gratitude grows through remembering and why forgetting often leads to entitlement.This episode explores:- Psalm 103 and gratitude- The meaning of the soul- The logic of gratitude- God's forgiveness and compassion- Remembering God's benefits- Gratitude as a spiritual practiceScriptures:- Psalm 103- Luke 7- Deuteronomy 6- Leviticus 19#Psalm103 #JohnOrtberg #Gratitude #Thankfulness #Prayer #SpiritualFormation #ChristianFaith #BibleStudy #Psalms #Soul

10 Commonly Misunderstood Insurance Terms Explained Episode 389 – Sometimes people get confused by all the jargon used in the financial services industry. It's difficult to understand what you're buying—or what you already have—if you don't understand the language being used. Here is a quick listing of ten terms, commonly used in the life insurance industry, that you might not fully understand. More SML Planning Minute Podcast Episodes Transcript of Podcast Episode 389 Hello, this is Bill Rainaldi, with another edition of Security Mutual's SML Planning Minute. In today's episode: we explain 10 commonly misunderstood life insurance terms. Sometimes people get confused by all the jargon used in the financial services industry, and life insurance is no exception. It can be difficult to understand what you're buying—or what you already have—if you don't understand the language being used. Here is a quick listing of 10 terms, commonly used in the life insurance industry, that are helpful to have a basic understanding of: Underwriting. Before making any sort of offer to you, a life insurance company may need to evaluate your health. For example, life insurance companies generally check to see whether you are a tobacco user or not. A nonsmoker generally has a longer life expectancy than a smoker and thus will often qualify for a better rate and reduce the cost. On the other hand, smoker or not, if you're in particularly poor health, the company may not be able to offer you coverage at all. Beneficiary. Life insurance policies will usually list a beneficiary. That is the person—or entity—who receives the life insurance policy's death benefit if the insured dies. Note that any beneficiary designation under a life insurance policy is separate from beneficiary designations in your will. You could leave your entire estate to your children via your will, but if someone else is the beneficiary of your life insurance policy, that person receives the proceeds. The owner of the policy has the right to change the beneficiary (or beneficiaries) as their needs or desires change and it is recommended to review all of your beneficiaries annually or during any change to your planning strategy. Term Life Insurance. Term life insurance is the simplest form of life insurance. You will pay a premium that covers a specific term of years. 10, 20 or 30 years are common terms for one of these policies. If you die during the designated term, your beneficiary will receive the death benefit. It is generally used when you have a temporary need for insurance, such as paying off a mortgage or funding your child's college education if you're no longer there. Permanent Life Insurance. Unlike a term policy, permanent life insurance is designed to provide lifetime coverage. With most policies, as long as you pay your premiums, the policy stays in force for life, and the death benefit is guaranteed by the insurance company. It also usually provides a cash value. An example of permanent insurance is whole life insurance. Cash Value. With many permanent life insurance policies such as a whole life insurance policy, part of your premium pays the cost of the death benefit, and part of it goes into an account inside the policy and grows on a tax-deferred basis. As a policyowner, you have the right to access these funds if you wish via loans or withdrawals. The funds could potentially be used for major expenditures or cash emergencies if needed. Dividends. It's not just your stock portfolio that can pay dividends; your life insurance policy might do so as well. Life insurance dividends are usually associated with mutual life insurance companies such as Security Mutual Life. Dividends are distributed to policyholders from the insurer’s surplus earnings. They are not guaranteed. Grace Period. This is essentially an automatic safety net that exists on every life insurance policy. If you miss a premium payment, you generally have an extra 30 days past the due date before the policy lapses to pay your premium. And, if you die during the grace period, the full death benefit is payable, although there may be a deduction for any missed premium.[1] Paid-Up Additions. Paid-up additions are like miniature life insurance policies within a whole life insurance policy. Each paid-up addition adds a little bit of extra paid-up death benefit and guaranteed cash value to your policy without ongoing premium. Paid-up additions are often created through a whole life policy rider, although if you have a dividend-paying policy, you might be able to choose to take your dividends as paid-up additions. Since paid-up additions are fully paid up portions of death benefit, they can be surrendered for needed cash by the policyowner, or to pay the policy's premiums, if needed. Doing so will reduce the guaranteed cash value and death benefit.  Accelerated Death Benefit. This allows you to receive a portion of the death benefit while you are still living and is often made available as a rider assigned to specific circumstances such as chronic, critical or terminal illness. It is designed to help provide access to cash for medical bills, nursing care, or other costs associated with the qualifying event. If the advance payout from the life insurance policy is due to terminal illness, it is usually exempt from income taxes.[2],[3] In many circumstances, an accelerated death benefit rider is a simple add-on to a life insurance policy with no separate charge. And finally… Chronic Illness Rider. A chronic illness rider is a type of accelerated death benefit rider that gives you access to part of your death benefit while you are still alive. To take advantage of a chronic illness rider, you need to be certified by a doctor as someone who is ill and not expected to recover. In many cases you will be eligible if you are unable to perform at least two of the six “Activities of Daily Living,” or ADLs, without assistance. These include things like bathing, getting dressed, eating, etc.[4] All these terms can be very confusing. Some may be applicable to you; some may not. The good news is that, if you're contemplating a new life insurance policy, you don't need to go it alone. Your Security Mutual Life insurance agent can help. Your Security Mutual Life insurance agent can augment or help assemble your planning team. They'll coordinate with your attorney and tax professional to review your situation and to determine the insurance plan that will best suit your needs and objectives. [1] Ethos Life. “Understanding the Life Insurance Grace Period.” Ethos.com. https://www.ethos.com/life-insurance/life-insurance-grace-period/ (accessed June 4, 2026). [2] Kagan, Julia. “Understanding Accelerated Benefits in Life Insurance Policies.” Investopedia.com https://www.investopedia.com/terms/a/accelerated-benefits.asp (accessed June 4, 2026). [3] Stimpson, Jeff. “Form 1099-LTC Explained: Long-Term Care and Death Benefits.” https://www.investopedia.com/1099-ltc-form-what-to-know-about-the-1099-ltc-form-4781748 (accessed June 4, 2026). [4] Progressive Insurance. ”What is a life insurance critical or chronic illness rider?” Progressive.com. https://www.progressive.com/answers/critical-chronic-illness-rider/ (accessed June 4, 2026).   More SML Planning Minute Podcast Episodes This podcast is brought to you by Security Mutual Life Insurance Company of New York, The Company That Cares®. The content provided is intended for educational and informational purposes only. Information is provided in good faith. However, the Company makes no representation or warranty of any kind regarding the accuracy, reliability, or completeness of the information. The information presented is designed to provide general information regarding the subject matter covered. It is not to serve as legal, tax or other financial advice related to individual situations, because each individual's legal, tax and financial situation is different. Specific advice needs to be tailored to your situation. Therefore, please consult with your own attorney, tax professional and/or other advisors regarding your specific situation. To help reach your goals, you need a skilled professional by your side. Contact your local Security Mutual life insurance advisor today. As part of the planning process, he or she will coordinate with your other advisors as needed to help you achieve your financial goals and objectives. For more information, visit us at SMLNY.com/SMLPodcast. If you've enjoyed this podcast, tell your friends about it. And be sure to give us a five-star review. And check us out on LinkedIn, YouTube and Twitter. Thanks for listening, and we'll talk to you next time. Tax laws are complex and subject to change. The information presented is based on current interpretation of the laws. Neither Security Mutual nor its agents are permitted to provide tax or legal advice. The applicability of any strategy discussed is dependent upon the particular facts and circumstances. Results may vary, and products and services discussed may not be appropriate for all situations. Each person's needs, objectives and financial circumstances are different, and must be reviewed and analyzed independently. We encourage individuals to seek personalized advice from a qualified Security Mutual life insurance advisor regarding their personal needs, objectives, and financial circumstances. Insurance products are issued by Security Mutual Life Insurance Company of New York, Binghamton, New York. Product availability and features may vary by state.​ SubscribeApple PodcastsSpotifyAndroidPandoraby EmailTuneInDeezerRSSMore Subscribe Options

Let us know what you think about this episode and share it with a friend!We sit down with Pam Baker, founder of "Widows Who Wine" and author of "Where's the Key to the Safe"  to talk about rebuilding life after loss through friendship, purpose, and practical preparation. We also get into the uncomfortable but essential money and paperwork realities that hit families during grief and how to make them easier. • Pam's path from cystic fibrosis advocacy to widowhood leadership • Why Widows Who Wine is a social sisterhood rather than a grief group • How loneliness shows up after loss and what helps women rejoin life • The “business of death” and why probate tasks feel brutal in grief fog • The widow tax and the hidden ways cash flow can drop • How to choose financial help and how various fee structures work • Common traps like authorized user cards and lack of account access • Beneficiary reviews that can override a will and trigger conflict • Writing letters to children to explain decisions and reduce infighting • How to start a Widows Who Wine chapter with support from Pam and her teamConnect with Pam:Order her book: https://lastinglegacyconsulting.com/book/Connect via her website: https://widowswhowine.com/Find her on Instagram: https://www.instagram.com/widowswhowine Subscribe to the Pivotal People newsletter for new episodes, giveaways and more: https://stephanienelson.com/newsletter/ Learn more at StephanieNelson.comFollow us on Instagram  @stephanie_nelson_cmFollow us on Facebook at CouponMomOrder Stephanie's book Imagine More: Do What You Love, Discover Your Potential 

Most people spend time deciding who should inherit their assets. Far fewer consider what happens if that person isn't around to receive them. In this episode, Nick tackles one of the most overlooked estate planning questions: what happens when a beneficiary passes away before you do? If your estate plan hasn't been reviewed in years, or if you've never thought about these "what if" scenarios, this conversation highlights why future-proofing matters. Here's some of what we discuss in this episode:

What if a single form you filled out decades ago could override your will and completely change where your assets end up? For millions of Americans, outdated beneficiary designations create costly estate planning mistakes that can leave loved ones fighting legal battles, paying unnecessary fees, or losing inheritances altogether.In this episode of The Agent of Wealth Podcast, host Marc Bautis explains why beneficiary designations are one of the most overlooked components of a financial plan. Through real-life examples and practical guidance, Marc breaks down how retirement accounts, life insurance policies, brokerage accounts, and bank accounts are transferred after death — and why keeping your beneficiary information current is essential to protecting your family's financial future.In this episode, you will learn:Why beneficiary designations often override your will and trust documents.How outdated or missing beneficiaries can create expensive legal and probate complications.The difference between assets that pass through probate and those that transfer directly to beneficiaries.How to conduct a comprehensive beneficiary audit across all of your financial accounts.And more!Tune in for a step-by-step guide to reviewing your beneficiary designations, avoiding common estate planning pitfalls, and ensuring your assets are distributed according to your wishes.Resources:Episode Transcript & Blog | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

Jan Rogers Kniffen discusses how retailers may see a short-term boost from the World Cup, as he expects Adidas and Nike (NKE) to benefit from investor sentiment. Gains for Dick's Sporting Goods (DKS), Academy Sports (ASO), Puma, Fanatics, and On Holding (ONON) are ones Jan sees being more limited. Tom White walks through an example trade using Nike.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Stijn Schmitz welcomes Dr. Nomi Prins to the show. Dr. Nomi Prins is Founder of Prinsights Global and Substack. The discussion opens with a broad assessment of global economic headwinds, including the ongoing blockage of the Strait of Hormuz and rising bond yields. Dr. Prins explains that even a hypothetical resolution to the strait crisis would not immediately ease supply backlogs, keeping oil prices elevated and contributing to persistent inflation. She notes a significant dislocation between struggling economic confidence and stock markets reaching all-time highs, fueled by large asset funds and cash waiting on the sidelines. The conversation shifts to the beneficiaries of supply disruptions, where Dr. Prins sees value in oil producers outside the Middle East, such as those in Colombia, which can bypass the strait. She then highlights uranium as a critical, underappreciated story, emphasizing that nuclear energy's role in powering data centers and AI creates surging demand against a backdrop of severely constrained supply, with new mines taking up to 18 years to develop. This supply deficit, she argues, makes current uranium prices appear very low. Addressing inflation and central bank policy, Dr. Prins anticipates that while short-term rates will likely remain unchanged, the Federal Reserve may increase long-term bond purchases, effectively reawakening quantitative easing to manage debt servicing costs. She believes this will not significantly stimulate the broader economy but that real growth will come from hard assets and commodities like copper and silver, which are essential for electrification and in structural deficit. On gold, she remains bullish, citing its stability and the fact that central banks now hold it as their top reserve currency, viewing it as a long-term diversifier. She maintains a year-end gold price target of $6,000. The interview concludes with Dr. Prins pointing to significant investment opportunities in junior mining, particularly in copper, uranium, and rare earth elements, for investors who can look past current geopolitical volatility. Timestamps: 00:00:00 – Introduction 00:00:41 – Global Economy Headwinds 00:01:08 – Strait of Hormuz Disruptions 00:03:20 – Oil Price Outlook 00:06:30 – Oil Producer Opportunities 00:09:43 – Uranium Energy Security 00:13:00 – Commodity Supply Shortages 00:18:28 – Fuel Shortages 00:20:40 – Inflation and QE Outlook 00:26:46 – Gold Market Stability 00:31:33 – Mining Sector Investments 00:35:00 – Concluding Thoughts Guest Links: X: https://x.com/nomiprins Website: https://nomiprins.com Substack: https://prinsights.substack.com Dr. Nomi Prins as a Wall Street insider and outspoken advocate for economic reform, Nomi Prins is a leading authority on how the widespread impact of financial systems continues to affect our daily lives. She has spent decades analyzing and investigating economic and financial events at the ground level and meeting with those that shape the world’s geopolitical-economic framework. She continues to break stories by conducting independent research, writing best-selling books, and traversing the globe to share her knowledge and demystify the world of money. Before becoming a renowned journalist and public speaker, Nomi reached the upper echelons of the financial world where she worked as a managing director at Goldman Sachs, ran the international analytics group as a senior managing director at Bear Stearns in London, was a strategist at Lehman Brothers and an analyst at the Chase Manhattan Bank. During her time on Wall Street, she grew increasingly aware of and discouraged by the unethical practices that permeated the banking industry. Eventually, she decided enough was enough and became an investigative journalist to shed light on the ways that financial systems are manipulated to serve the interests of an elite few at the expense of everyone else.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the critical importance of reviewing your Beneficiary Designations and how one simple oversight could create major complications for your loved ones. From 401k Beneficiary forms to IRA Beneficiary rules, they break down real-world examples showing how outdated or incomplete beneficiaries can derail even the best Estate Planning intentions. They also explain why beneficiary forms override wills and trusts and how failing to verify your beneficiaries could unintentionally send your assets to the wrong person.Listen in to learn about key Estate Planning tips that can help Protect Your Family, preserve Family Wealth Planning goals, and reduce unnecessary taxes for future generations. Radon and Murs explain concepts like Spousal Consent, Inherited IRA distribution rules, Per Stirpes, Per Capita, and disclaimer strategies that can dramatically impact your Retirement Beneficiaries. Whether you are building your retirement checklist, planning retirement, or trying to secure your retirement for the next generation, this episode provides practical guidance to help protect your assets and ensure your beneficiary wishes are carried out properly.In this episode, find out:Why Beneficiary Designations override wills and trusts in Estate PlanningThe difference between a 401k Beneficiary and an IRA Beneficiary when it comes to Spousal ConsentHow Inherited IRA rules under the SECURE Act can impact your family's taxesThe difference between Per Stirpes and Per Capita beneficiary designationsWhy reviewing beneficiaries regularly is essential for Retirement Planning and protecting family wealthTweetable Quotes:“The beneficiary form trumps everything. You could have anything you want in your will, but if the beneficiary designation says something different, the beneficiary designation wins.” – Radon Stancil“It's not just about getting the money to the right person. It's about getting it to them in the most tax-efficient way possible.” – Murs TariqResources:If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!To access the course, simply visit POMWealth.net/podcast.