Podcasts about beneficiaries

Today we're having a conversation that so many of us need to have but don't want to have, and that's end-of-life planning in the middle of a divorce. Divorce already comes with so many choices, and most of them feel urgent, so the paperwork that comes with planning for the end tends to fall through the cracks. But updating healthcare proxies, beneficiaries, and wills needs a place on that list too. My guest this week is here to help us feel a little more at ease and organized about all of it. Marni Blank is an End-of-Life & After-Loss Consultant and the founder of Begin With The End, a Brooklyn-based practice that helps people get their lives in order before a crisis forces the issue. Together, Marni and I walk through what actually needs updating, even in the thick of decision fatigue, from healthcare proxies and living wills to powers of attorney and guardianship. We also talk about why a spouse may still be the one making medical decisions if the divorce isn't final, and why naming an executor without asking first is a big ask. Doing this work now, while we're clear-headed, means we're not scrambling in the middle of grief or a crisis later. What you'll hear about in this episode: Where to start with updating paperwork after divorce, the documents and accounts beyond the obvious ones, and why it's never just paperwork (2:59) The grief that comes with naming someone new as healthcare proxy after a spouse has held that role, and how to sit with that decision (3:57) Beneficiaries, wills, trusts, and the other pieces worth revisiting while going through divorce, not just after it's final (8:06) Why the people we choose for these roles need to be asked first, and what they're really signing up for (9:34) How to think about our digital life and legacy, from legacy contacts to changing passwords (19:06) Why so many newly divorced people don't want to think about the end when they're finally starting a new chapter, and why it's actually a good time to plan (23:23) Learn more about Marni Blank: Marni Blank is an End-of-Life & After-Loss Consultant and the founder of Begin With The End, a practice that helps people get their affairs, their digital lives, and their wishes in order so the people they love aren't left guessing. A former attorney and trained mediator with training as an end-of-life doula and after-loss specialist, Marni came to this work after her parents' own health issues showed her how much most families haven't thought through, even the organized ones. Her clients include solo agers, sandwich-generation caregivers, people newly divorced or widowed, and executors working through an estate. She regularly speaks on topics related to death, dying and grief. Marni works virtually across the U.S. and in person around New York City. She writes The Hourglass, a weekly newsletter, and is the creator of the upcoming Plan Well Organizer, a guided system for getting your life documented in one place. She firmly believes that in order to live well today, we must plan well for tomorrow. She lives in Brooklyn with her labradoodle, Penny. Resources & Links: Kate Anthony's Complete Parenting Plan  Focused Strategy Sessions with Kate  The Divorce Strategy Toolkit Phoenix Rising: A Divorce Empowerment Collective Kate on Instagram Kate on Facebook Kate's Substack Newsletter: Divorce Coaching Dispatch Episodes are also available YouTube! Seven Step Mindset Reset for Divorce  Marni's website Marni on LinkedIn Marni on Instagram   Disclaimer: The commentary and opinions available on this podcast are for informational and entertainment purposes only and not for the purpose of providing legal or psychological advice. You should contact an attorney, coach, or therapist in your state to obtain advice with respect to any particular issue or problem.

Energy and infrastructure bottlenecks are the key concern for Oracle (ORCL) and other companies building out AI data centers, says Mario Tufano. He believes small and mid-cap companies will fill in those missing links needed to ensure Oracle's growth picture stays intact. He highlights companies he believes are poised to benefit from the buildout, including Emcor (EME) and National Fuel Gas (NFG) in the energy space. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe 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

On this episode of Chit Chat Stocks, Drew Cohen of Speedwell Research returns to tell us about his comprehensive research into software's AI risk. We discuss: 00:00 Introduction 02:11 How AI advancements threaten traditional software companies 04:02 In-house AI development and enterprise software risks 07:05 The outer harness and AI interface evolution in enterprises 11:47 Risks of AI model commodification and competitive dynamics 20:09 Impact of AI on marketplace and ad tech businesses 30:06 Future of Google, Apple, and Microsoft in AI era 40:00 Most at-risk software subsectors and niche markets 49:53 Beneficiaries and winners in the AI-driven software landscape Speedwell's report: https://speedwellresearch.com/companies/ ***************************************************** Subscribe to our newsletter, Emerging Moats: emergingmoats.com  ********************************************************************* Chit Chat Stocks is presented by Interactive Brokers. Get professional pricing, global access, and premier technology with the best brokerage for investors today:  https://www.interactivebrokers.com/  Interactive Brokers is a member of SIPC.  ********************************************************************* Fiscal.ai is building the future of financial data. With custom charts, AI-generated research reports, and endless analytical tools, you can get up to speed on any stock around the globe. All for a reasonable price.  Use our LINK and get 15% off any premium plan: ⁠https://fiscal.ai/chitchat  ********************************************************************* Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation. Learn more about your ad choices. Visit megaphone.fm/adchoices

What if talent was never the problem, and the only thing missing was someone willing to fund it? In this episode, Christie Garton, former attorney and founder of 1,000 Dreams Fund, shares how a bestselling college guidebook series turned into a national nonprofit that has now granted close to $2 million to students chasing dreams they could not otherwise afford. Christie started her first nonprofit at 19 after reading a magazine article about an opera singer. Ten years into running 1,000 Dreams Fund, the model has grown from microgrants into mentorship and direct employment pipelines with companies like Riot Games and Harman. But none of it would exist without a Kansas City businessman named Bob Cutler. [00:03:52] What She Does and Who She Serves Former law student who practiced at a firm in the Washington DC area Now runs 1,000 Dreams Fund, a nonprofit that turned 10 this year Supports young people who have a dream but lack access to one specific resource Has granted close to $2 million since launching [00:05:12] The Three Ways They Serve Students Microgrants for things like study abroad, devices, or training A virtual one-on-one mentoring program that has served thousands globally An apprenticeship program connecting students directly to employment Beneficiaries range from high school through graduate school and early career [00:05:56] How Students Actually Find Them Funding opportunities are hard to find and often require the right database or school That access barrier is what they set out to remove They meet students where they are, on their phones and online A student advisory board works with them weekly through the academic year [00:07:44] Where the Funding Comes From Most support comes from corporations investing in next generation talent Partners include Harman, Colgate-Palmolive, and TIAA Each partnership creates a targeted scholarship, mentorship, and employment program Programs usually launch as a pilot focused on one industry [00:09:30] The Board Built by Former Beneficiaries Grants, individual donations, and year-round fundraising fill out the model An active board of directors is supported by a junior board That junior board is made up of previous beneficiaries now working They came back specifically to make a difference [00:10:00] What Inspires Her: Stories Stories have always motivated her to get up and do something At university she read an article about opera singer Denise Graves Graves described how music had literally saved her life That article sparked her first nonprofit at 19 [00:11:04] Music Mentors and the Olympic Ski Jumper She recruited fellow symphony students to give free private music lessons The organization continued after she graduated 1,000 Dreams Fund now publishes the stories of every student it supports One student was a top ski jumper who competed at the Sochi Olympics with 1DF as her only sponsor [00:13:22] Full Circle: The Junior Board Two high school students supported in 2016 emailed to ask how to pay it forward Those conversations became the idea for a junior training board It is now an annual program for early career professionals The group is highly engaged and has raised significant funds [00:16:39] The Personal Inspiration: Her Grandmother Deeply involved in the community outside Kansas City where Christie grew up Taught herself to sign because Christie's aunt is deaf Went to college around 35 and taught at the state school for the deaf After retirement she helped create a museum [00:17:30] From Guidebooks to a Nonprofit Published a bestselling college guidebook series across five editions The books reached major bookstores and checkout counters nationwide By the fifth edition she wanted to do something bigger than content and advice That is where the idea for 1,000 Dreams Fund started to take shape [00:18:28] The Relationship That Changed Everything: Bob Cutler Her Marketing to Millennials co-author Jeff Fromm made the introduction Bob Cutler runs a successful marketing agency in the Kansas City community He made a significant investment in Christie and her idea She credits that investment as the reason 1,000 Dreams Fund exists [00:19:39] Why That Kind of Belief Matters Someone saying they see you and believe in you drives you forward Community programs that back entrepreneurs make a real difference That support matters especially for women in venture and startups Fewer women are in those rooms, which makes the commitment more consequential [00:21:30] The Olympian She Met in Park City Was touring to meet board members in person and visited the Olympic training facility Met ski jumper Abby Ringquist, who was struggling to fund her training Recognized immediately that Abby was exactly who the organization was built for Got her board on board to make a special sponsorship commitment [00:23:29] The Riot Games Apprenticeship Gaming and esports offer great careers but are difficult to break into There is no on-ramp available to everyone; connections matter 1DF handles recruitment to reach communities outside existing hiring channels Riot pays, relocates, and trains selected candidates for three months before hiring [00:24:30] Going Global The first year of the program was based in Dublin, Ireland 1,000 Dreams Fund launched in 2016 focused only on the US Recruitment was targeted across Europe and the Middle East Both delivered candidates received full-time jobs [00:26:12] The Vision Going Forward Sees this as a moment of transition driven largely by AI Focused on preparing next generation talent and workers who need retraining Many high-demand roles do not require a four-year degree Manufacturing technician roles represent a decade-long need for many companies   KEY QUOTES "When someone says, hey, I see you, and I think what you're doing is outstanding in some way, and we're gonna make an investment in you, that stays with the individual." - Christie Garton "I have always been inspired by stories. And that has motivated me to literally get up and do something." - Christie Garton "Reaching where you should be in life isn't always the easiest journey, and if our organization can be any inspiration and kickstart in some way, that to me is why I do this." - Christie Garton CONNECT WITH CHRISTIE GARTON Website: https://www.1000dreamsfund.org LinkedIn: https://www.linkedin.com/in/christiegarton Email: christie@1000dreamsfund.org Thanks for tuning in! If you liked my show, please LEAVE A 5-STAR REVIEW, like, and subscribe! Find me on: Apple Podcasts | Spotify | iHeart Radio | Stitcher

When you're planning your estate, it's not just about who gets what. For some families, the bigger question is: How do I make sure this money actually helps the person I'm leaving it to? That can be especially important when you're planning for young children, a loved one with a disability, or someone who may need more structure around an inheritance. In Sabiha Mukadam's latest article for the Sage Owl, she walks through a few trust strategies families may want to understand, including: Children's Testamentary Trusts Henson Trusts Qualified Disability Trusts Spendthrift Trusts Discretionary Family Trusts Each one is designed to solve a different problem — from protecting disability benefits, to delaying access to an inheritance, to giving a trustee more flexibility when family members have different needs. The goal isn't to make your estate plan more complicated. It's to make sure the structure actually fits the person you're trying to protect. Read the article, watch the video or listen to the podcast here: https://edrempel.com/protecting-what-matters-most-trust-planning-for-children-dependents-and-vulnerable-beneficiaries-in-canada/

The foundation of a sound financial plan is often built on details and protections that, if ignored, can threaten everything you've worked hard to achieve. This week we're exploring essential but often overlooked vulnerabilities and sharing strategies to patch these potential cracks. Here are the five key areas we cover and how you can fortify your own financial foundation.   1. Liability Protection: Don't Let a Lawsuit Derail Your Finances While building assets and investing wisely matter, many people overlook the need to protect what they've built. If you own a home or a car, you likely have basic homeowners and auto insurance, which generally require liability coverage. But the risk doesn't stop there—a car accident, a mishap at your home, or even kids' playdates can lead to litigation and financial exposure far beyond standard policy limits. Umbrella insurance provides an extra layer of protection, kicking in when your underlying policies are exhausted. Coverage often starts in $1 million increments and is surprisingly affordable, typically just a few hundred dollars per year for each additional million in coverage. Reviewing your net worth and ensuring umbrella policies reflect your exposed assets (especially as they grow) is vital to guard against rare but potentially devastating events.   2. Protecting Your Income: Life and Disability Insurance For most people, income is their single greatest asset. Premature death or disability can eliminate this stream, threatening your family's future lifestyle and goals. Life insurance comes in different forms, but term coverage is widely recommended for its cost-effectiveness. The amount and term length should match your earning years and obligations, with adjustments as your wealth grows and your insurance needs change. Disability insurance is equally critical, covering scenarios where you can no longer work due to injury or illness. Many employers offer policies as a fringe benefit, but private options are available if you need additional coverage. If you cannot qualify because of health issues, planning ahead with your spouse and considering alternatives like reduced spending or downsizing becomes even more important.    3. Incapacity Planning: Financial and Medical Powers of Attorney Even the best-laid financial plans can be upended if you lose the ability to make decisions. Cognitive decline or unexpected accidents can create confusion and hardship for families suddenly tasked with managing your finances. Well-structured power of attorney documents ensure your spouse or trusted advisor can step in smoothly—paying bills, accessing funds, or making medical decisions if you're incapacitated. Review these arrangements regularly, and update them after major life events or relationship changes. Backups to your primary designees are essential in case your initially chosen agents are unable to serve.   4. Estate Planning: Beneficiary Designations and Account Titling When you pass away, how and to whom your assets transfer can get complicated if you don't review them regularly. Beneficiary designations on retirement accounts, insurance policies, and even bank accounts frequently supersede instructions in your will. Major life changes—marriage, divorce, childbirth, or job changes—need updates to your designations. Proper account titling also ensures that your wealth flows directly (and efficiently) to intended recipients. Regular check-ins help prevent disputes and delays in asset distribution at an already difficult time.   5. Adequate Property and Casualty Insurance: Keeping Pace with Change Simply owning insurance isn't enough if your policy doesn't reflect your current situation. Real estate values, renovation projects, and rising costs of materials can all increase the replacement value of your property. If you don't update coverage, you could be responsible for the difference if disaster strikes. Review your homeowners and auto policies proactively—especially after major home remodels or large purchases. Ensure valuable personal property (like jewelry or art) is properly documented and insured with additional riders if needed. A simple policy review or conversation with your agent can prevent an overlooked crack from widening into serious loss.   Don't Overlook the Basics Before chasing the next hot investment or tax-saving strategy, ensure your financial foundation has no hidden weaknesses. Addressing liability, income protection, incapacity planning, estate documents, and adequate insurance will help you sleep easier and keep your goals on track—come what may.      Outline of This Episode [05:12] Importance of life insurance coverage [07:56] Understanding disability insurance basics [10:44] Planning for financial incapacity [15:09] Adjustments required due to real estate appreciation [16:43] Importance of insurance reviews [17:49] Insuring valuable personal property [19:51] Prioritize your foundation before moving on to more complex financial strategies    Resources & People Mentioned The Retirement Podcast Network   Connect With Chad and Mike   https://www.financialsymmetry.com/podcast-archive/  Connect on Twitter @csmithraleigh @TeamFSINC Follow Financial Symmetry on Facebook   Subscribe To This Podcast   Apple Podcasts Stitcher Google Play  

⚠️ What Are the Most Overlooked Legal Issues in Divorce? | Los Angeles Divorce

Cathedral Giving by Design is excited to announce our 2027 beneficiary is Motherhood Beyond Bars, whose goal is long-term, healthy reunification and a permanent end to cycles of incarceration in families. Motherhood Beyond Bars (MBB) is the only organization in Georgia offering comprehensive support for incarcerated mothers, their infants and caregivers.

You want to balance AI stocks with energy names, says Matthew Tuttle, who explains how both sectors complement each other in the current geopolitical climate. He weighs on the changes he sees shaping up in the energy industry, from ways added Venezuelan supply affects U.S. to the beneficiaries in the volatile environment. George Tsilis offers an example options trade for Chevron (CVX).======== 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

In this episode of Dollars & Sense, Kristin Kalley and Christina Lamb discuss three important financial topics that can impact families, couples, and investors.First, they unpack why the phrase “he handles it” can create financial vulnerability in a marriage—and what both spouses should know about accounts, beneficiaries, credit, estate documents, and household finances before a crisis happens.Then, they cover Trump Accounts and a potential employer benefit parents may not know to ask about during open enrollment, including contribution limits, employer matches, and how these accounts may fit alongside 529 plans and other savings vehicles.Finally, they explore the mind games investors play, including why people often buy after prices rise, sell after declines, and let emotion drive investment decisions. The conversation includes practical questions investors can ask before making portfolio changes and why a financial plan can help keep decisions grounded.

Bill and Andy Bush open with a deceptively simple question: when was the last time you actually logged into your 401(k)? From there, they walk listeners through a practical, no-math check-up of everything worth reviewing the next time you pull up the app — your balance, your contribution rate, whether you're leaving match money on the table, Roth versus pre-tax, how you're actually invested, your rate of return, beneficiaries, and old accounts you may have left behind. Along the way they tackle the traps that quietly derail savers: settling for an auto-enrollment default, a 30-year-old sitting in a target-date fund built for someone already retired, checking your balance so often that you sabotage your own returns, and forgetting that beneficiary designations don't follow you when a plan changes record keepers. The brothers close with the "$487,000 question" — is it enough? — and a run of C-words (clarity, context, confidence, conviction) that turn a quick login into a real sense of where you stand. ⏱ Episode Timeline & Key Topics 00:10 – Welcome & the One Question Bill kicks off by asking Andy when he last logged into his 401(k). Andy's answer — last week, to check his year-to-date numbers and confirm his investments still fit — sets up the episode's theme. 01:00 – What This Episode Covers (No Math Required) The brothers lay out the plan: a walk-through of what to look for when you log in. Their suggestion to listeners — pull out your phone or laptop and follow along in real time. 01:23 – Most Logins Are Now Mobile More participants are checking balances on the app than ever. Fidelity reports a majority of logins now come from mobile, while Vanguard sits a bit lower — a reflection of how people manage money today. 01:46 – Start With Your Balance The first and most obvious thing to check. It's the number most people look at first, and it anchors everything else in the review. 01:55 – Check Your Contribution Rate A common trap: savers get excited, enroll when first eligible, then never revisit their elections. "Life happens," and the contribution rate they set years ago quietly becomes the rate they still have. 02:30 – Is Your Contribution Moving You Toward Your Goal? Andy encourages listeners to connect the contribution to the destination. If you've paid off a car loan or freed up cash, consider directing some of it into the plan. Also worth knowing: how often your plan lets you change contributions, which varies from quarterly to every pay period. 03:25 – Rules of Thumb: 50/30/20 and 10–15% The brothers revisit budgeting guidance — 50% needs, 30% wants, 20% savings — and narrow it to the widely cited 10% to 15% of income aimed at retirement, including any employer match. 03:58 – Why 15%? The Math of a 40-Year Runway Andy explains the logic behind the T. Rowe Price 15% benchmark: contribute at that rate across a full working career and you reach 65 with real options. The habit of putting money in matters as much as how it's invested. 04:44 – Don't Settle for the Auto-Enrollment Default Many plans auto-enroll new hires at 3%, 4%, or 5%. That's a starting point someone else chose for you, not a decision you made — and it's rarely enough on its own. 05:18 – Auto-Escalation: Out of Sight, Out of Mind Some plans let you automatically bump your contribution 1% a year. It works precisely because it happens in the background, nudging your savings rate up without requiring willpower each year. 05:38 – Don't Assume the Match Is the Finish Line A classic match of 50% on the first 6% means a 6% deferral gets you a 3% employer contribution. Helpful, but the brothers are blunt: it's probably not enough to get you where you want to go. 06:36 – Roth vs. Pre-Tax There's tax favorability on both sides. Younger savers in lower brackets often lean pre-tax to stretch each dollar, while the Roth choice hinges on which end of your life you'd rather take the tax benefit. Roth has been available in 401(k)s for about two decades and is now offered by the vast majority of plans — and SECURE 2.0 now requires certain high earners' catch-up contributions to be Roth. 08:25 – What Are You Actually Invested In? Some participants set an allocation 10 or 15 years ago and never looked again. Whether that's a problem depends on your age and risk tolerance, because corrections happen — and a 10% drop feels very different on $50,000 than on $500,000. 09:22 – Don't Day-Trade Your 401(k) A 401(k) is a long-term vehicle, and most menus are built on mutual funds that price once a day. The brothers cite a striking pattern: participants who log in most often tend to see worse returns than those who set it and forget it. 10:40 – Target-Date Funds and Fitting the Allocation to You Target-date funds offer a single, age-appropriate option that rebalances over time. But allocations drift, and your mix has to fit you — not your brother or your coworker. Case in point: an audit that turned up a 30-year-old sitting in a Target 2020 fund. 11:51 – How Am I Doing? Rate of Return in Context A year-to-date return only means something alongside your time horizon and what you're invested in. A financial plan is the North Star, and record-keeper tools can show whether saving more or working one more year meaningfully moves the needle. 14:06 – Life Changes, Beneficiaries & a Free Tip Marriage, a new baby, a divorce, or a job change can all call for updates — especially beneficiaries. Bill's free tip: when a plan switches record keepers, beneficiary designations don't transfer, so go back in and re-name yours. 15:05 – Build a Review Habit Set a recurring reminder — a birthday, or July 1 as the year's midpoint — to check your beneficiaries and elections, the same way you'd schedule a routine doctor's visit. 16:32 – Old 401(k)s: Consolidate, Watch Fees, or Roll to an IRA Most plans allow roll-ins, and consolidating scattered accounts can simplify your life and reduce duplicated administrative fees. Alternatively, rolling old accounts into an IRA can open the door to guidance from a local advisor. 18:13 – The $487,000 Question: Is It Enough? Seeing a big balance prompts the real question. The answer depends on your age, your runway, and your spending. The math of retirement income is the easy part; the psychology of shifting from saving to spending after 40 years is the hard part. 20:36 – Clarity, Context, Confidence — and the Rest of the C-Words Andy ties it together: getting clear on where your 401(k) stands, in context with your other assets, builds the confidence to make changes. Bill and Andy stack on conviction, coach, and finally close. 22:16 – Recap & How to Reach the 401(k) Brothers A quick checklist recap — balance, contributions, match, Roth versus pre-tax, investments, beneficiaries, old accounts — before Bill and Andy sign off. Brothers, but not twins. ✅ Key Takeaways Quick Reference •             Actually log in — most participants set things once and forget them; a periodic login is the single easiest way to catch what's drifted •             Your balance is the start, not the whole story — check it first, then work through contributions, match, allocation, and beneficiaries •             Don't accept the auto-enrollment default — a 3% to 5% starting rate is a choice someone else made for you, and it's rarely enough •             Aim for 10% to 15% of income, match included — contribute at that rate over a career and you reach retirement with options •             Turn on auto-escalation if you can — a 1%-per-year bump works because it happens in the background •             Match is a floor, not a finish line — 50% of the first 6% is a good start, but usually won't fund the retirement you want on its own •             Roth vs. pre-tax is personal — younger, lower-bracket savers often favor pre-tax; the right answer depends on when you'd rather take the tax benefit, and you can do both •             Make your allocation fit you — a 30-year-old has no business in a Target 2020 fund; match risk to your age and time horizon •             Don't over-manage — 401(k)s are long-term, mostly-mutual-fund vehicles; frequent tinkering tends to hurt returns •             Beneficiaries don't transfer when record keepers change — re-name them any time your plan changes providers, and after major life events •             Consolidate old accounts — rolling scattered 401(k)s together simplifies your life and can cut duplicated fees, or roll to an IRA for advisor guidance •             Clarity creates confidence — knowing where you stand, in context with everything else, is what lets you make good decisions and stick with them

Clarence Ford spoke to Kgothatso Sibanda. Helpline Manager, Gauteng Regional Office on how unauthorized funeral-policy deductions are hurting grant beneficiaries. Views and News with Clarence Ford is the mid-morning show on CapeTalk. This 3-hour-long programme shares and reflects a broad array of perspectives. It is inspirational, passionate and positive. Host Clarence Ford’s gentle curiosity and dapper demeanour leave listeners feeling motivated and empowered. Known for his love of jazz and golf, Clarrie covers a range of themes including relationships, heritage and philosophy. Popular segments include Barbs’ Wire at 9:30 am (Mon-Thurs) and The Naked Scientist at 9:30 on Fridays. Thank you for listening to a podcast from Views & News with Clarence Ford Listen live on Primedia+ weekdays between 09:00 and 12:00 (SA Time) to Views and News with Clarence Ford broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/erjiQj2 or find all the catch-up podcasts here https://buff.ly/BdpaXRn Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

1. From Family History to Family Wise LtdHow Kirsty's interest in genealogy began through her grandparents, old family letters, photographs and her own family history.How a lifelong passion for genealogy developed into Family Wise Ltd, now working with people and cases around the world.2. How Technology Has Changed GenealogyHow online records have made researching family history much more accessible compared with travelling to archives and searching through physical records.Why online family trees can contain inaccuracies and why complicated family connections, name changes and historical records can require specialist knowledge.3. The Role of DNA in Finding Family ConnectionsHow Y DNA and other forms of DNA testing can help establish family relationships and investigate previously unknown connections.How Kirsty has used DNA to help prove inheritance cases and identify family members who were previously unknown.4. Genealogy and InheritanceHow Family Wise Ltd helps solicitors identify beneficiaries when wills contain outdated information or unclear references to individuals.How genealogy can be used to establish who may be entitled to an estate when someone dies without leaving a will.5. Finding People and Solving Family MysteriesHow Kirsty and her team help find missing relatives, people from the past and individuals who may have become difficult to trace.Some of the unusual cases Kirsty has worked on, including finding a former teacher and attempting to track down a Latin dictionary that had been lent to someone decades earlier.6. The Connection Between Family History and WealthWhy understanding your family tree can be an important part of thinking about who your wealth should ultimately pass to.Kevin and Kirsty discuss the wider importance of planning for the transfer of wealth and making sure the right people can be identified when the time comes.Resources:Family Wise Ltd – Family History, People Finding & DNA ServicesContact Family Wise LtdWealthBuilders - Build, protect and transfer your wealthWealthBuilders Membership: Free access to guides, webinars, and communityConnect with Us:Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.Next Steps On Your WealthBuilding Journey:Join the WealthBuilders Facebook CommunitySchedule a 1:1 call with one of our teamBecome a member of WealthBuildersIf you have been enjoying listening to WealthTalk - Please Leave Us A Review!

The government has found itself cleaning up some legislative mess. Beneficiaries and pensioners having payments wrongly suspended forced a double apology from the Prime Minister and Social Development Minister, while a select committee has told the Justice Minister to water down his controversial move-on orders so kids cannot be prosecuted for sleeping on the street. Go to this episode on rnz.co.nz for more details

We're continuing our refresher series on consolidation accounting. In this episode, learn how to determine which party, if any, should consolidate a variable interest entity (VIE). We explore key considerations for identifying a VIE's primary beneficiary, including assessing power over the entity's most significant activities, evaluating economic exposure, and considering related-party interests.This episode is part of our new Back to basics series, where throughout the year, we'll revisit core accounting topics. It is the third of four episodes on consolidation. In our first episode, Back to basics: Consolidation—Getting started, we laid the foundation for consolidation accounting. In the second episode, Back to basics: Consolidation-Identifying a VIE, we took a deeper look at how to determine whether an entity is a VIE. Stay tuned for our fourth and final episode on consolidation presentation and disclosure considerations.Looking for more guidance on consolidation accounting? See PwC's Consolidation guide. Additionally, follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop.About our guestsMatt Sabatini is a deputy chief accountant in PwC's National Office who helps clients and engagement teams navigate the accounting and financial reporting for complex transactions. He specializes in the accounting for M&A, consolidations, corporate reorganizations, recapitalizations, joint ventures, and other investments.Alexander Martin is a partner in PwC's Deals practice with over a decade of deals experience, helping clients solve complex accounting, financial reporting, and other business issues that arise from transaction-driven events such as mergers and acquisitions, divestitures, and capital raises. About our hostHeather Horn is the PwC National Office Sustainability & Thought Leader, responsible for developing our communications strategy and conveying firm positions on accounting, financial reporting, and sustainability matters. In addition, she is part of PwC's global sustainability leadership team, developing interpretive guidance and consulting with companies as they transition from voluntary to mandatory sustainability reporting. She is also the engaging host of PwC's accounting and reporting weekly podcast and quarterly webcast series.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com. Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.

Thabo Shole-Mashao, standing in for Clement Manyathela, speaks with Dr Paseka Letsatsi, National Spokesperson for SASSA, to answer questions that beneficiaries need to know about recent changes with the SASSA grant system; including the launch of a new SASSA WhatsApp line. The Clement Manyathela Show is broadcast on 702, a Johannesburg based talk radio station, weekdays from 09:00 to 12:00 (SA Time). Clement Manyathela starts his show each weekday on 702 at 9 am taking your calls and voice notes on his Open Line. In the second hour of his show, he unpacks, explains, and makes sense of the news of the day. Clement has several features in his third hour from 11 am that provide you with information to help and guide you through your daily life. As your morning friend, he tackles the serious as well as the light-hearted, on your behalf. Thank you for listening to a podcast from The Clement Manyathela Show. Listen live on Primedia+ weekdays from 09:00 and 12:00 (SA Time) to The Clement Manyathela Show broadcast on 702 https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/XijPLtJ or find all the catch-up podcasts here https://buff.ly/p0gWuPE Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook https://www.facebook.com/TalkRadio702 702 on TikTok https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.

There's a type of retirement risk we don't talk about very often.It's not a stock-market crash.It's not inflation.It's not running out of money.It's divorce.More specifically—divorce later in life.There's even a name for it now: gray divorce, generally referring to couples divorcing after age 50.And financially, divorcing at 55, 60 or 65 is very different from divorcing at 30.At 30, you may have another three decades to rebuild.At 60?Retirement might be five years away.Or you may already be retired.Suddenly, one household becomes two.One retirement portfolio becomes two.One house may have to support two future housing needs.Healthcare changes.Social Security matters.Taxes matter.Beneficiaries matter.And perhaps the biggest mistake somebody can make is beginning the legal process before they truly understand their financial position.So today we're going to walk through seven financial steps to consider before filing for a gray divorce.And whether you're contemplating divorce, already going through one, or simply know somebody who is—this is one show where getting the financial decisions right can affect the rest of your life.”

In this, our 750th episode of Hull on Estates, Jonathon Kappy and Sofie Hector discuss Kunka Estate v. Giasson, 2026 ONSC 1842, a recent Ontario decision that provides important guidance on the application of the presumption of resulting trust to registered accounts with beneficiary designations. Join us as we unpack the Court's reasoning and the implications for estate planning and estate litigation practitioners.

Episode 92: In this episode, Timalyn talks about estate taxes and something that can easily get overlooked. You may be under the estate tax exclusion and think you don't have a filing requirement, but if the estate earns income after someone passes away, that can create a separate tax filing requirement.What is the Estate Tax?First things first, the estate tax is a tax on your right to transfer property at your death.Timalyn explains that the IRS looks at everything you own or have an interest in at the date of your death. This can include your home, jewelry, real estate, insurance policies, annuities, and business interests. The fair market value of those assets is used to determine the gross value of the estate.What happens after we have the Gross Estate?There are certain deductions that can bring the gross estate down to the taxable estate. Timalyn talks about mortgages, other debts, estate administration expenses, property going to a surviving spouse, and qualified charitable gifts.She also points out that being the executor can be a lot of work, and that work can be an estate administration expense.Do I need to file Form 706?Now, with the tax law changes, Timalyn explains that there is no federal estate tax when the taxable value of the estate is less than $15 million.But check this out. She's talking about the federal level. State rules can be very different, so you need to make sure you understand the rules where the estate is located.This is also why having the right professionals on your team is important. If you're wondering what type of tax professional you may need, check out Episode 23, Which Type of Tax Professional Do I Need?What happens if the Estate earns income?This is where things can get a little confusing.The person's tax period ends at death. Any income earned after the date of death can become income of the estate.For example, if the person had rental properties, investments, savings bonds, or other income producing assets, the income earned after death belongs to the estate.If the estate has $600 or more in gross income, there is a filing requirement for Form 1041.And no, this is not Form 706. Form 706 deals with the estate tax. Form 1041 deals with the estate's income tax.What should Executors keep in mind?If you're the executor, you need access to information about the estate's accounts and assets so things can be transferred to the appropriate people.Beneficiaries may receive a Schedule K1 showing their share of the estate's income. Timalyn also explains that certain expenses, such as fiduciary fees, attorney fees, and accountant fees, may be deductible on Form 1041.Need Tax Help Now?Timalyn knows that if you've just experienced the death of a loved one and you're now having to deal with an estate, this can feel overwhelming.She encourages you to get the help you need and not try to handle everything by yourself. If you need help with the tax side, you can book a paid call with Timalyn.Remember, even if you don't work with Timalyn, use the information you've learned to empower yourself and take care of the situation. Being proactive can help keep back taxes and IRS issues from becoming another burden during an already difficult time. Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap, one taxpayer at a time. Thanks for listening to today's episode.For more information about tax relief options or filing your taxes, visit:https://www.bowenstaxsolutions.com/If you have any feedback or suggestions for an upcoming episode topic, please submit them here:https://www.americasfavoriteea.com/contactDisclaimer: This podcast is for informational and educational purposes only. It provides a framework and possible solutions for solving your tax problems, but it is not legally binding. Please consult your tax professional regarding your specific tax situation.

Who can you legally name as a beneficiary in Oklahoma, and what mistakes could cost your heirs? This episode covers how designations override wills, why naming minors gets complicated, and the pitfalls that send assets to unintended heirs. To learn more, visit https://www.meliagroup.com/about/ Melia Advisory Group City: Tulsa Address: 5424 S Memorial Dr Website: https://www.meliagroup.com/

Listener Q&A where Andy talks about: Whether to use money in a 457b to pay down a mortgage or to pay taxes on Roth conversions ( 7:56 )How Social Security survivor benefits work, and the optimal ages for spouses to each claim their own Social Security ( 18:54 )His thoughts on why the Social Security trust fund hasn't been allowed to invest in equities ( 25:36 )Creating spreadsheets to replace financial planning software, and using it to help your ongoing retirement planning and projections ( 30:40 )His thoughts on whether someone should try to convert ALL of their pre-tax money to Roth ( 36:56 )Transferring/rolling money from an IRA to an HSA (Health Savings Account) ( 46:05 )Whether you have to start Medicare Part A if you start Social Security but are still covered by a spouse's employer's health insurance ( 49:18 )Updating beneficiaries on investment accounts after one of the beneficiaries passes ( 53:17 )His thoughts on whether comparing a portfolio's investment returns to those of the S&P 500 is appropriate, and whether it's okay to hold bonds as investments ( 58:22 )To send Andy questions to be addressed on future Q&A episodes, email andy@andypanko.comAndy's LinkedIn profile: https://www.linkedin.com/in/andypanko/Links in this episode:Tenon Financial's March 2026 newsletter - Gifting, annual gift exclusions, gift taxes and gift tax returns (IRS Form 709)Tenon Financial's March 2024 newsletter - Don't compare your portfolio's returns to those of the S&P 500Tenon Financial monthly newsletter/blog - Retirement Planning InsightsYouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

If something happened to you tomorrow, do you know who would actually receive each of your accounts? Not who you think it is - but who is actually named on the paperwork right now. For a lot of people, the honest answer is they set it up years ago and have not looked at it since. That is exactly the situation this episode addresses. Beneficiary designations drift in two ways: things change, or mistakes happen. A designation that was perfectly right at 45 can be quietly wrong at 65. Joe walks through why a regular beneficiary audit matters, what to look for when you do one, which assets flow directly to named beneficiaries versus through your estate, and why the last step - making sure everything lines up with your will - is the one most people skip entirely.   In This Episode Life changes silently turn good designations into the wrong ones. Kids grow up and no longer need trust arrangements. Beneficiaries pass away. People remarry or separate. The form does not update itself, and none of this shows up as a problem until it is too late to fix. Sometimes naming your estate as the beneficiary of a registered account - your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) - is actually the right move. It ensures there is money available to cover the tax bill before assets are distributed. But that setup can also become the wrong one over time, which is why the audit needs to happen on a regular schedule. When you audit, pay close attention to anything that would look unusual to an outsider. If only one of three children is named on an account, and there is a good reason for it, write that reason down. A simple note explaining your thinking can prevent a great deal of hurt and conflict among the people you leave behind. Registered accounts, Tax-Free Savings Accounts (TFSAs), and segregated funds can all name a beneficiary directly, and that money flows straight to the person, outside your estate and your will. Most non-registered accounts, real estate, and other everyday assets flow through the estate and are handled by the will. Confirming the beneficiary designations on your accounts is not the finish line. The last step is making sure every designation lines up with your will. If the beneficiary forms say one thing and the will says another, that contradiction is what creates confusion, delay, and in the worst cases, a legal challenge after you are gone.   About: Your Retirement Planning Simplified is a weekly Canadian retirement planning podcast hosted by Joe Curry, CFP, CEPA, of Matthews and Associates, an independent wealth management firm. Each week, Joe breaks down retirement income, tax, and estate decisions in plain language for Canadians who are near or in retirement.   Next Steps: Want tips like this in your inbox? Sign up for the Retirement Planning Simplified Newsletter and get updates plus our popular 60-Second Retirement Tip: https://bit.ly/RPSNewsletter   Ready to take the next step in your retirement planning? Watch a short overview of our True Wealth Roadmap and see if our process is a fit for you: https://www.matthewsandassociates.ca/vsl   Disclaimer: Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This podcast is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.

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

Fook Hien outlines why the financial sector is a potential beneficiary of rising rates and how much exposure investors should have to the sector in their portfolios.Speaker:- Yap Fook Hien, Senior Investment Strategist, Standard Chartered Bank For more of our latest market insights, visit Market views on-the-go or subscribe to Standard Chartered Wealth Insights on YouTube.

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 ...

Misconceptions about insurance can sometimes get in the way of both the agent selling the plans and the client who is browsing the insurance market. In this episode of the Agent Survival Guide Podcast, we're here to help you decode the facts from the fiction.   Read the text version    Get Connected:

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.

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:

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.

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.

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

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.

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