Podcasts about Estate planning

Estate planning isn't fun to think about, but skipping it can cost loved ones time, stress, and money. In this week's episode, Ari breaks down the essentials so you can take action with confidence.Learn the key differences between wills and trusts, which states make trusts especially valuable, and why even residents of “will-friendly” states might still need one. Explore the “dead box” strategy, an annual practice that keeps important info like passwords and funeral wishes accessible if something happens.Get clarity on overlooked tools like POD (Payable on Death) and TOD (Transfer on Death) designations, plus the risks of outdated paperwork through real-life client examples.The episode also covers power of attorney, healthcare directives, and how HEMS provisions can protect assets for beneficiaries with special needs or unique situations.Estate planning is about more than documents—it's about creating peace of mind. Start now to give your family clarity when it matters most.Listen to Part 1: Here's When A Will Is Sufficient And Trust Isn't NecessaryCreate Your Custom Early Retirement Strategy HereGet access to the same software I use for my clients and join the Early Retirement Academy hereAri Taublieb, CFP ®, MBA is the Chief Growth Officer of Root Financial Partners and a Fiduciary Financial Planner specializing in helping clients retire early with confidence.

On this episode: The fear of running out of money is resulting in people not enjoying their retirement. Picking your retirement date. Is there a perfect month? A new trend among baby boomers for estate planning. Like this episode? Hit that Follow button and never miss an episode!

Have you ever considered how unpredictable life can be—even for an athlete at their peak? On this episode, we sit down with Deanna Eble of the Russo Law Group to discuss a topic many triathletes overlook but desperately need to address: the importance of advance directives and estate planning. Deanna sheds light on how the intense and sometimes risky nature of triathlons makes proper planning essential. She shares powerful real-life examples, including a man left paralyzed after a devastating accident during the Escape from Alcatraz Triathlon and a young father tragically struck by a car at the Smithpoint Triathlon. These stories are sobering reminders of how quickly life can change. From creating a living will and appointing a healthcare proxy to preparing an estate plan that secures your family's future, Deanna provides actionable advice for triathletes and their loved ones. This episode is packed with insights that could make all the difference in navigating life's unexpected challenges. Listen now to gain valuable knowledge and take real steps to protect what matters most.

Season 5, Episode 189Hey Thrive Tribe! This episode is a MUST-listen because we're diving into something we all need but rarely talk about—Estate Planning 101! I'm joined by the incredible Clarette C. Farmer, Esq., an estate planning attorney who's breaking it ALL down in a way that actually makes sense. No confusing legal jargon—just straight-up facts about why estate planning isn't just for the wealthy and how YOU can start protecting your assets, your legacy, and your loved ones TODAY.Thriver Nuggets: 10 steps to take RIGHT NOW to kickstart your estate planning journey. PSA: If you haven't grabbed your tickets for the Courage Couture Gala, what are you waiting for?! They're almost SOLD OUT, and trust me, you don't want to miss this empowering, elegant night of impact and celebration. Get your ticket before they're GONE! Link to get your ticket: https://www.leahmforney.com/event-details/courage-couture-gala-2025Tune in, take notes, and let's make sure we're securing our future like the bosses we are. Clarette Contact Info: Website: www.clarettecfarmer.com Social Media: @clarettecfarmer

Questions? Thoughts? Send a Text to The Optometry Money Podcast!Episode Summary:You've done the hard work of creating your estate plan. But is it actually ready to work when you need it most? In this episode, Evon breaks down the four critical gaps that can make or break your estate plan's effectiveness — especially for busy optometrists and practice owners.We're diving into the implementation side of estate planning — those next steps after the documents are signed that so many overlook. Whether you've DIY'ed your estate plan or worked with an attorney, this episode will help you spot (and fix) potential breakdowns that could leave your family or practice exposed.

As the world grows more complex, you need aggressive representation on your side. Proper planning is vital toward your and your family's future. Attorney Mark Abell talks about his experience on this week's call. Visit his website here: https://www.trustabell.com/Connect with him on LinkedIn: https://www.linkedin.com/in/maabell/Sign up for my FREE online course: https://www.eventbrite.com/e/add-100000-to-your-gross-income-in-12-months-tickets-1508162307059?aff=oddtdtcreator

In this episode, Andryanna sits down with Debbie Stanley who is a Trust and Estate Practitioner, Estate and Trust Professional, Certified Executor Advisor, and the CEO & Senior Estate Administrator for ETP Canada. They talk about a role many of us will take on and select for ourselves—but few of us are prepared for: the executor of a loved one's estate.Debbie breaks down what the job really entails, how to start the conversation about death and legacy (without it feeling morbid), and why women are often the ones carrying the invisible load when it comes to end-of-life planning.Whether you've been named an executor, are navigating loss, or simply want to be proactive for your family and choose the right executor for your estate, this episode is full of compassionate guidance and concrete takeaways to help you feel more confident and prepared.In this episode:What it really means to be an executor (and what most people don't realize)The emotional labour women carry in estate administrationTips for choosing the right executor—and supporting them nowHow to start family conversations about end-of-life planningWhy preparation is an act of love, not fearCONNECT WITH DEBBIE:Learn more about Debbie's course Executor Ready and how it's helping Canadians reduce stress during life's hardest transitions.Visit etpcanada.caDownload free estate tools HERECONNECT WITH ANDRYANNA:Get your copy of The Juggle is Real: Authentic Self-Care Planner Vol. 2 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ On ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠hello@andryanna.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠✨ Free download: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Simple Summer Days Visual Guide⁠⁠⁠⁠⁠⁠⁠⁠⁠*Click ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for your FREE '30 Days For Me' Self-Care Guide.And please visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Andryanna.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for blogs, giveaways, workshops, tools, resources and more.

279 / Ember Scott, multi-genre author (also writing as MJ Caan), shares his journey from the medical field to full-time indie author and unpacks how he successfully transitioned across genres and managed his author IP. Finding and trusting your author voiceHow audience expectations shape the writing processWhy it's okay not to master every platform and the importance of playing to your strengthsSelling a backlist to a traditional publisher How Ember transitioned to thrillers and how he found his subgenreHow and why Ember handed over his self-published titles for longevity and peace of mindA great listen for indie authors looking to future-proof their career and learn how to adapt and thrive in an ever-changing industry.

In this episode, Christian and Kevin revisit the hot topic of the government's proposed inheritance tax (IHT) changes affecting pensions from 2027. Following a surge in listener interest, they clarify what's changed, who's now responsible, and what practical steps listeners must take to protect their wealth and family.Key Discussion Points:Background:The government plans to tax pensions on death, a major shift from past policy.The responsibility for reporting and paying this tax will now fall on personal representatives (executors), not financial services companies.Why This Matters:Most executors are chosen for trust, not financial knowledge.Executors are now legally liable for getting it right – mistakes could mean personal financial penalties.Practical Risks:Many people don't know where all their pensions are or which are taxable.Appointing a professional executor (like a bank) could cost families a significant portion of their inheritance, sometimes unnecessarily.Action Steps:Review your will and your choice of executors.Ensure your executor is financially savvy or has access to professional advice.Consolidate pensions where sensible for simplicity and clarity.Avoid defaulting to professional institutions as executors without understanding the costs.WealthBuilders' Support:WealthBuilders is creating two practical guides:For those making a will (how to choose an executor)For executors (what their new responsibilities entail)Guides will be available soon at wealthbuilders.co.uk/IHT and wealthbuilders.co.uk/executorFinal Advice:Awareness is key: know your assets, your will, and your executor's readiness.Take action now—don't wait until it's too late.Call to Action:Sign up for the forthcoming guides at wealthbuilders.co.uk/IHTReview your will and executor choicesShare this episode with anyone who has a pension and a familyContact WealthBuilders with questions or to book a call via the websiteResources Mentioned:Download our free guide on inheritance tax changes for pensions: wealthbuilders.co.uk/IHT Be the first to access our upcoming Guide for Executors — register your interest here: wealthbuilders.co.uk/executorCatch up on WealthTalks episode on IHT changes: How to Protect Your Pension from Inheritance Tax Changes Coming in 2027Connect with Us:Listen on Spotify, Apple Podcasts, YouTube, and all major platforms.For more inspiring stories and actionable tips, subscribe to Wealth Talk and leave us a review!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!If you enjoyed this episode, please rate and review WealthTalk on your favourite podcast platform

In this special episode of Retirement Planning Redefined, John and Nick welcome their first-ever guest, Nicole Cleland of Legacy Protection Lawyers, to kick off a new estate planning series. Nicole shares key insights into what estate planning really involves, who needs it (hint: it's not just for the wealthy), and how proper planning can help avoid confusion and conflict later. They cover the differences between estate planning and elder law, the importance of incapacity planning, and how assets actually pass after death.   Learn more about Nicole and Legacy Protection Lawyers Contact info: www.legacyprotectionlawyers.com Phone 727-471-5868   Helpful Information: PFG Website: https://www.pfgprivatewealth.com/ Contact: 813-286-7776 Email: info@pfgprivatewealth.com   Disclaimer: PFG Private Wealth Management, LLC is an SEC Registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. The topics and information discussed during this podcast are not intended to provide tax or legal advice. Investments involve risk, and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed on this podcast. Past performance is not indicative of future performance. Insurance products and services are offered and sold through individually licensed and appointed insurance agents.     Marc: Once again for another edition of Retirement Planning Redefined with John and Nick from PFG Private Wealth, and we've got a special show this week. We're going to be talking about understanding estate planning. We've got a little series planned around this. We've got some special guests coming up also. So really looking forward to today's conversation. John's going to be joining me along with Nicole Cleland, who is our special guest from Legacy Protection Lawyers based outside of St. Petersburg, Florida. And we're going to have a great conversation around understanding those estate planning basics and some other details and information. So it's going to be an excellent episode, so stay tuned and we'll get right into it. John, my friend, how are you this week, buddy? What's going on?   John: Hey, I'm doing all right. I'm excited to have Nicole as our first guest that we've ever had on our podcast here.   Marc: Yeah, our very first guest here on this, so it's excellent to have Nicole here. Nicole, welcome in. How are you?   Nicole: I'm doing great. Thank you both for having me. I'm really excited to be here today.   Marc: Absolutely. So we'll jump in real quick. Just tell us a little bit about you and your firm, what you guys do.   Nicole: Sure. So we are a boutique trust and estates firm, meaning this is all we practice is trust and estates. We do primarily planning, and secondary administrations of estate planning documents, and we also do a little bit of litigation and a little bit of tax planning as well. So we do have a trust and a estates only litigation lawyer and a tax lawyer with us too.   Marc: Okay, excellent. And Bill McQueen is going to be joining us as well on probably the next episode, so we'll get into some conversation with him. But for now, let's just kick things off and get started. Although I do have to ask, I was looking at the website and I see that you are a super lawyer. What is a super lawyer?   Nicole: Yeah, it means that we get a cape every year.   Marc: Nice.   Nicole: No, a super lawyer designation is a designation that you receive from other lawyers in the area and about 5% of practicing attorneys get this designation. So I'm very honored to have been a rising star super lawyer for seven years now, I think.   Marc: Awesome.   Nicole: And yeah, it's nice to know that the professionals that I work with enjoy working with us in our firm too.   Marc: Yeah, that's great. John, you need something like that? You need super advisor or something.   John: I don't know if there's a super advisor, but if there is one, I'm about to see how I can get that.   Marc: There you go.   John: I feel like got as much work as I do, I need a cape as well.   Marc: There you go. Yeah, capes are good. Well let's get into our conversation here. So I wanted to kick things off with just a really simple question for you, Nicole, because a lot of people, I think it's probably changed through the years and you can maybe talk about that as well, but people, I think around estate planning, even financial advisors, tend to think that, well, this is for the ultra wealthy. Those kinds of things are for people that really have a lot of money, and I don't think that's the case. So explain, do you really need an estate plan and if so, why? Can you give us some kind of parameters and some breakdowns on that?   Nicole: Yeah, that's a really great question. And I think a lot of people do think estate planning means you have to have a large estate, but that's really not all estate planning is, I kind of think of it as twofold, you've got planning on the incapacity side and then you've got planning on the after-death side. So you don't really have to have a lot of wealth, or really any wealth, to do estate planning, because if you're incapacitated, you might have very specific wishes on your care, whether that's through any sort of long-term incapacity, through any end-of-life care wishes, whether it's where you want to live, how you would like to be buried, things like that. So it's not necessarily always based around dollar amounts, and I'm sure you all see this and sometimes you have the most complex cases that really aren't the super ultra-high net worth people.   It could just be your run-of-the-mill, middle-class American that has very specific wishes in terms of they've got a blended family, or stepchildren, or maybe a child that has addiction issues. So it can really be more broad than, "Hey, I have all this money and I need a plan for taxes." It's really more complex than that.   Marc: Gotcha. Okay. Is there a difference between estate planning attorneys and elder law? I think people get those confused as well.   Nicole: Oh my gosh, yes, there is a difference. And that's a big one we get too. And for us, the estate planning is planning for... What I say is, you've got tax planning, you've got incapacity planning, asset protection planning, and kind of encompassing all of that, just your run-of-the-mill estate planning, meaning how you would want to plan for things after your passing. But elder law is a little bit more on the incapacity side and planning for one day potentially needing Medicaid, so thinking more of the disability planning. That's how I sort of equated in my mind is you've got an elder law lawyer that's a little bit more on the disability planning side, but a lot of elder law attorneys still do estate planning, but there is a slight distinction between the two and that is important to note.   Marc: Great point. All right, good. What makes an effective estate plan?   Nicole: Oh, that's a fun one too because I like to say the one that works is the one that we have no hiccups with after the testator, or the creator of the plan, has passed away. And that's sort of the hard part on estate planning is my best witness is no longer here to verify that this is what they wanted. So I would say that the best estate plan is one that you can keep family harmony at the end, as much as possible, at least preserve it or maintain that family harmony as much as possible, and administer and execute that settler or that testator's intent. Really kind of making sure that that is the theme throughout the whole administration.   John: So Nicole, you mentioned incapacity, what type of planning goes into that because that comes up quite a bit with Nick and I's clients, where it's coming up where we'll talk about beneficiaries and the estate stuff, but I'll say the incapacity planning is not my strong suit. So I think from our listeners standpoint it'd be good to hear, what does that include?   Nicole: Yeah, that's also a great question because a lot of people, when they think of themselves in the incapacitated context, they think of themselves more in, there was an emergency, I had a bad accident and now I'm on life support for a week and then I'm deceased and then I've passed. And the reality is that's not what happens to most people, especially as we're aging and living longer, more people are experiencing longer bouts of incapacity. And with that, a lot of family members don't really know what that person wanted, where they would've wanted to live, what kind of care they would've wanted to receive.   So when I'm talking to clients about incapacity planning, I try to tell them, don't think of yourself in the context of, "Oh, there was an emergency, I'm out for a week and then I'm gone. I want you to think of it as you've developed some sort of dementia, you've developed some sort of condition where we're going to have long-term incapacity.So when you're thinking about who should be making those types of decisions on your behalf, think about it in the context of you've just signed these people up for a part-time job, if not full-time job." When you're thinking of these individuals, a lot of people default to their children, which is usually best for most people, but it isn't for everyone. And I think it's important for people to sort of think of themselves, which is really hard to do in the situation that they've gotten, they will need long-term care, not the short-term one-week care, but really that long-term care piece, and it's really hard to think of yourself in that boat.   Marc: That makes sense. And documentation has got to be crucial in all of this, right?   Nicole: Absolutely. There's no statutory authority or person that can make any sort of financial or legal decision if you become incapacitated. There is a healthcare statutory order, but it's just spouse, then parents, then children, there's no one after that. So if you're an elder person with no children, not married, you don't have that default person, so it's really important that you do have documents in place. But for most people, whenever you're thinking of who to name in this role and what documents you should have in place, it's so important that you really have a robust plan and documents that really spell out all of the things that you want your named agent to do because there are certain types of statutory forms. So you can look on Florida Statute and just look online and find a statutory form for a living will, but if you present that form that was created by lawyers to a doctor, that doctor's not going to be able to honor that living will. It's not clear enough, it doesn't really express what someone's true intent might be.   So sometimes there is a disconnect between what the lawyers prepare and what the doctors are executing, or what the bank is executing under a durable power of attorney or something like that. And it's important you have a lawyer that's preparing your documents that knows both, that really can make the connection between the different areas of your life in any sort of end-of-life care incapacity situation.   John: When you're meeting with clients, I'm assuming this comes up quite a bit, when someone's having an issue picking who their power of attorney or health care surrogate is, what kind of advice could you provide for that?   Nicole: Yeah, great question too. I tell clients, think of two things when you're considering who you should name in these roles. And the first condition I say, is you want someone who's going to have the time because most people want to name their more intelligent child or, "This child is very smart, they're a doctor, they're a lawyer, they're going to know what to do. They're very smart." But those people typically don't have the time. They're too busy, they've got a family of their own, full-time career, other obligations outside of their job and family that even though they could probably do and be fine with it, they usually don't have the time that's needed to devote to something like this. So I always say, look for someone who's going to have the time. And then two, you're going to want someone who's going to know when to ask for help.   And I always tell clients too, is when we have people do things that are bad, it's not because they're a bad person. Most people aren't doing things to be evil or have any bad intent behind the action, but it's because they didn't know when, or they didn't want to ask for help. I think people still have that, "I want to save money, I don't ask the professional for help." Or, "I think I can do it. I don't need to ask all of these people for advice and things like that." And I think if you have someone who's going to know their limitations, then they're going to get advice, they're going to get opinions from people, and they're going to get a little bit more well-rounded approach on how to provide for mom or dad's care, or whatever it is, or whatever person that we've got here, making decisions on your behalf.   So I would say those two things is, someone who's going to have time, someone who's going to know when to ask for help, because again, it's not always our children, but usually it can be, but it's something where they really need to, if they're comfortable, have that conversation with that person. And that's sort of sometimes a hard conversation to have, especially if you have children that are, "I don't want to talk about it, we don't need to talk about this." But it's really important that you do talk about it because what you don't want is you don't want to name John Doe, and then when John Doe is being called to serve, he's completely taken off guard, he has no idea what to do, he's not prepared. So it's nice to kind of have these conversations with your prospective agents just so that they can start asking questions that they might need to know the answer to one day.   Marc: Yeah, that makes a lot of sense. I mean, certainly you want to get people in the loop on these things and when you're setting up all your documentation and putting the basics together, I guess we should probably switch and talk a little bit about some of the assets then, because that's where people get confused and kind of wonder about the different rules that are in place. So how does property pass at your death? I guess we can start there.   Nicole: Whenever someone dies, there's really three ways that property can be transferred. The first way is by operation of law, and a good example of that is if you own something jointly with rights of survivorship with someone. So for example, if I own my house joint with my husband, when I die, by operation of law, he will own the home. Nothing else has to occur. He doesn't have to record anything, that's his house.   The second way that property passes is through contract law, and a good example that would be a beneficiary designation. So if you've got a life insurance policy, you could have a contract with that company that says when you die, whatever the death benefit that life insurance policy would be, that would be paid to your named beneficiaries. Another example of a contract is A trust. A trust is a contract you have with typically yourself as trustee, and we could talk a little bit more about trusts later today too. But the third way that property passes is through probate, and probate is really just a fancy court-supervised process of transferring assets out of someone's individual name to your heirs. And if you have a will, then your will says who your beneficiaries are. But if you don't have a will, then the state of Florida tells you who your beneficiaries are.   So really rounding out, how does property transfer whenever someone dies? Those three things are in order of priority, so joint ownership usually supersedes beneficiary designations or other types of contracts, and then both of those items supersede your will. So a lot of people don't realize this, but your will only governs assets that go through probate, and your will would only kick in if you have probate assets. So that's why sometimes when we talk about estate planning, it may be where you really need to confirm with a professional what your estate plan is, because whether you have a will or not, you have an estate plan in place, you just may not know what it is.   Marc: You have the state's plan, right?   Nicole: Correct.   Marc: Yeah, I was always taught, and tell me if this is accurate, that a will just means you will go through probate.   Nicole: I love that. Actually, that's a great phrase there that I should probably start using.   Marc: There you go. You're welcome.   Nicole: Absolutely. Yeah. Your will only is going to govern those assets that have to go through probate, which if you've done other type of planning, you may not need probate, and so you may not need your will. There are, of course, other reasons to do one, but yeah, that phrase is right on point.   Marc: You can jot that down.   John: And Nicole, I think going to get onto some of this stuff deeper in the podcast or maybe next week, but something that always comes up, is how long does someone expect probate to last?   Nicole: Yeah, really good question. I used to say most probates are anywhere from 6 to 12 months. Since COVID, it's been more 12 to 18 months, and I used to kind of say that the 6 to 12 month mark was really dependent on the court process and where the court's cue is and how backlogged they are. I am finding, I think the longer I practice, that your probate administration is probably 60% to 80% indicative of how efficient, and organized, and on top of it your executor or personal representative is. Because if you've got someone who's going to take charge, hop on things, get things done, it can be more on the 12-month mark. But if you have someone who's sort of dragging their feet, and it's, again, part of the grieving process for people. Some people need to dive into stuff, others need to take time to process before they can dive into stuff.   But I would say now probably more 12 to 18 months because I think people are busy, I think people sign up for a lot of things and maybe don't necessarily know they've been signed up for this, but it definitely can take I think more 12 to 18 months now.   Marc: All right, well I want to ask, is a will part of that advanced directive as part of that incapacity conversation? Is that part of that documentation you want to have?   Nicole: A will is what we call an ambulatory document, meaning it actually isn't a valid document until after the testator has passed away. So I sort of joked earlier that when you have an estate plan, your best witness is gone by the time we're effectuating that estate plan, and that's sort of the case with the will. So when it comes to most people's estate plan, when we think about what's included in all of those documents, those legal documents we would prepare, the will is the after-death document, the advanced directives are the pre-death documents. And most estate plans are going to have, at the very least, a durable power of attorney and a healthcare surrogate, with the durable power of attorney being the person that makes financial or legal decisions on your behalf, and your healthcare surrogate being the document where you name someone to be your healthcare proxy or who's making healthcare decisions on your behalf.   So part of a robust advanced directive packet, you should really have those two documents, and a few more if it is your wish to have the additional documents. One of the probably more common questions I get on the incapacity planning side is people generally don't want to be kept on life support, they want that pull the plug document, which we call your living will. That's a document where if you have no cognitive function that you do not want any life-prolonging procedures. You want all of those heroic measures withdrawn so that you can pass naturally, but a lot of clients get that confused with a DNR. A DNR is different, that is what I call heart function. So a DNR is also on yellow paper, it's signed by your doctor, and a lot of doctors typically don't like to sign those types of, Do Not Resuscitate or DNR documents, unless you have some sort of terminal condition.   So that's why, circling back to the beginning, really kind of making sure that your client, if they have a lot of these end of life or incapacity specific wishes, that they're talking to all of their professionals, not just a lawyer but their doctors and things like that.   Marc: Well look, we're doing this multiple part series on estate planning, obviously a wealth of information here from Nicole. So if you've got some questions, you need some help, definitely make sure that you're reaching out and having conversations with qualified professionals and talking about the situations that you're in and what you might need. So if you'd like to get in touch with the team at Legacy Protection Lawyers, visit them online at legacyprotectionlawyers.com, or call them at (727) 471 5868. Again, (727) 471 5868. And don't forget to subscribe to the podcast, you can catch future episodes as they come out because we are doing a multi-part series on this so there'll be more information to come. And you can find all of that, of course, at John and Nick's website, pfgprivatewealth.com. And don't forget to subscribe to us on whatever podcasting app you like using, like Apple or Spotify and so on and so forth. Nicole, thank you so much for being here and sharing a lot of great information with us.   Nicole: Thanks for having me. This has been fun.   Marc: Been excellent. And John, of course, thank you for being here, my friend, and facilitating as well. Hope you have a great week.   John: Thanks, appreciate it. Have a good one.   Marc: We'll see you next time here on Retirement Planning Redefined with John and Nick.  

Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 1 August 2025. The topic for this week is: How much tax do I pay if I go back to work after I retire? There’s lots of misinformation about retirement. Luke is joined by Leon Delaney of 2CC to […]

In this conversation, Abe and Ethan discuss the latest updates in retirement planning, focusing on tax changes and their implications for Roth conversions. They explore the performance of major tech stocks, known as the Magnificent Seven, and the potential risks associated with a tech-heavy portfolio. The discussion also highlights the importance of evolving retirement strategies to avoid common pitfalls, using historical business blunders as a cautionary tale. As the founder of Ashton and Associates, Abe Ashton has more than 20 years of financial planning experience helping thousands of families in Utah, Nevada, and across the country retire with confidence. Abe’s mission is to provide client-focused education and solutions to seniors and retirees, that help them achieve the retirement they’ve worked so hard for. To get more information on Ashton & Associates, or to schedule a consultation call, 435-688-9500 or visit AshtonWealth.comSee omnystudio.com/listener for privacy information.

If you're a trustee—or even thinking about creating a trust—this one's for you. Michigan made a quiet but important change in 2018 that most people still don't understand. Here's what the Certificate of Trust does, and why it can save you time, stress, and privacy headaches.

Understanding Misinformation: Causes, Effects, and SolutionsIn this episode of Barenaked Money, hosts Josh Sheluk and Colin White from Verecan Capital Management Inc. welcome social scientist and author Matthew Facciani. They explore the pervasiveness of misinformation across history, its acceleration in the social media age, and the cognitive and social biases that make people susceptible to falsehoods. Facciani, whose latest book 'Misguided' delves into topics like conspiracy theories and AI-generated fake news, discusses the need for critical thinking, diverse social identities, and potential strategies to preemptively counter misinformation. The conversation also touches on the impact of AI, mistrust in institutions, and practical tools for enhancing media literacy.00:00 Introduction to Misinformation00:18 Welcome to Barenaked Money00:53 Meet Matthew Facciani: Social Scientist and Myth Buster01:46 The Journey of Writing 'Misguided'04:31 Understanding Susceptibility to Misinformation06:53 The Human Need to Belong12:03 The Business of Misinformation17:06 Strategies to Combat Misinformation22:10 Trust in Institutions and Generational Perspectives25:58 Tools for Media Literacy27:11 Professional Fact-Checking Techniques27:50 Challenges of Fact-Checking and Pre-Bunking Games28:48 Breaking the Algorithm31:02 Strategies for Healthier Social Media31:36 Transparency and Friction in Social Media40:53 The Role of AI in Misinformation43:51 The Importance of Personal Connection45:38 Conclusion and Final Thoughts

The Question That Changed Everything SLAT vs ILIT for High Net Worth Estate Planning isn't just a legal distinction—it's a strategic decision that could determine how well your wealth serves your family, both now and for generations to come. https://www.youtube.com/live/CzyssnZbzD0 We were deep into a conversation with Andrew Howell, one of the foremost estate planning attorneys in the country, when he casually dropped a statement that made us pause: "I haven't drafted a new ILIT in over a decade." Wait… what? For those of us in the world of estate strategy, that kind of remark is the equivalent of a mic drop. And that's when we knew: the conversation around trusts and legacy planning has shifted in a fundamental way. He wasn't saying ILITs are obsolete—but that SLATs have become the preferred vehicle for families who want more than just a tax shelter. They want flexibility, values-based guidance, and multigenerational control. That one sentence reframed everything we thought we knew about irrevocable trust structures—and gave us a deeper commitment to educating families about their options. Why This MattersWhat Is a SLAT (Spousal Lifetime Access Trust)?What Is an ILIT (Irrevocable Life Insurance Trust)?SLAT vs ILIT for High Net Worth Estate PlanningAccess to FundsEstate Tax EfficiencyControl and FlexibilityLong-Term Legacy PotentialHow Dynasty Trusts Multiply the ImpactWhat This Means for YouBook A Strategy Call Why This Matters If you're a high net worth individual navigating the estate planning world, you already know: it's not just about minimizing taxes. It's about maximizing impact. You want your wealth to do more than sit in a trust. You want it to: Empower your family. Pass on your values. Stay protected from taxes, lawsuits, and family fragmentation. Serve as a guiding structure for generational growth. That's what today's article is about. We're unpacking SLAT vs ILIT for high net worth estate planning so you can: Understand the pros and cons of each structure. Learn how each trust operates in real-life scenarios. Discover which strategy aligns with your long-term legacy goals and family dynamics. And if you missed our previous post, The Pros and Cons of an ILIT, that's a must-read companion to this piece. It sets the stage for why SLATs are now stealing the spotlight. The stakes are too high to leave this decision to a boilerplate legal plan or a one-size-fits-all document. You deserve a legacy plan as unique and dynamic as the family you're building it for. Let's get into it. What Is a SLAT (Spousal Lifetime Access Trust)? Bruce and I have seen this firsthand: a SLAT is one of the most powerful tools for families who want access, flexibility, and control—while also removing assets from their estate. With a SLAT, you gift assets into an irrevocable trust for your spouse's benefit. This removes those assets (and any future growth) from your estate, reducing estate taxes and creating protection from creditors. But here's the real magic: Your spouse can access the trust assets during their lifetime. You (the grantor) can indirectly benefit from those assets. You can build in trust protectors, distribution trustees, and managers for increased control and long-term accountability. And here's where it gets even more powerful—many families are using SLATs as the foundation for their Family Bank strategy. That means the trust isn't just a vault—it's a lending institution. Your children or grandchildren can borrow from the trust to: Start a business Purchase a first home Fund their education But unlike a handout, these loans come with terms, accountability, and stewardship expectations. It's not entitlement—it's training. It's a way to extend trust and responsibility. Andrew emphasized that in states like Nevada, South Dakota, and Delaware, the flexibility of SLATs increases even more.

What happens when a loved one passes and no plan is in place? Confusion. Stress. Delayed healing. In this powerful episode of the Pursue HER Podcast, I sit down with Carolyn Rhodes, a Christian woman and estate planning expert, to discuss how families can navigate loss with peace, not panic.We talk about what estate planning really means, why legacy is about more than money, and how faith plays a vital role in preparing well. Whether you're a wife, mother, daughter, or caregiver, this is the episode you didn't know you needed.

This weekend, Brian and Jeremiah go into the realm of estate planning, focusing on the misunderstood but crucial tool: the revocable living trust. They answer listener questions from California to Florida, explaining step-ups in basis, trust-based ownership, and how titling mistakes can send your estate straight into probate. The real-world implications of leaving property outside of a trust, the legal difference between revocable and irrevocable trusts, and why funding your trust matters just as much as setting it up. They also address common misconceptions, like whether trusts protect assets from lawsuits or divorce—and offer guidance on avoiding costly oversights. Estate planning isn't just for the wealthy—it's for anyone who wants their legacy to pass smoothly and privately to the next generation. If you've ever thought about leaving property to your kids, this conversation will change how you plan for the future.   Listen, Watch, Subscribe, Ask! https://www.therealmoneypros.com Host: Brian Wiley & Jeremiah Bates ————————————————————— SPONSORS: Guild Mortgage: https://guildmortgage.com Ataraxis PEO https://ataraxispeo.com Tree City Advisors of Apollon: https://www.treecityadvisors.com Apollon Wealth Management: https://apollonwealthmanagement.com/ Formations: https://get.formationscorp.com/real-money-pros —————————————————————

In this episode of the A Wiser Retirement® Podcast, Estate Planning Attorney Arun Gupta joins Senior Financial Advisor Shawna Theriault to discuss how taking the simplest step in estate planning, creating a will, can make a profound difference. While many assume estate planning is only for the ultra-wealthy, a will helps ensure your assets are distributed according to your wishes, reduces confusion, and eases the burden on your loved ones during an already difficult time.Related Podcast Episodes:- Ep 123: Estate Planning for Young Adults- Ep 192: Estate Planning for Those that Travel Frequently or Live in Multiple States  - Ep 233: How Second Marriages and Blended Families Impact Estate Planning- Ep 279: What Should Parents of Children with Disabilities Know About Estate Planning? Related YouTube Videos:- Estate Tax Law Changes Coming in 2026- Using an Online Estate Planning Service vs Using a Local AttorneyLearn More:- About Wiser Wealth Management- Schedule a Complimentary Consultation: Discover how we can help you achieve financial freedom.- Access Our Free Guides: Gain valuable insights on building a financial legacy, the importance of a financial advisor for business owners, post-divorce financial planning, and more! Stay Connected: - Social Media: Facebook | Instagram | LinkedIn | Twitter- A Wiser Retirement® YouTube Channel This podcast was produced by Wiser Wealth Management. Thanks for listening!

Letâs be honest, none of us like thinking about our mortality, and this blind spot can often lead to procrastination with addressing important estate planning matters. Donna and Nathan discuss some of the more common estate planning mistakes and some simple steps you can take to ensure that your assets are protected for the long haul. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 7/31/2025; Original Air Date: 7/25/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

Mildred V. Palmer, Founding Partner at Navigant Law Group, joins Jon Hansen on Let's Get Legal to discuss estate planning. Mildred also answers listener questions about special needs trusts and planning for having financial support. For more information, call (847) 253-8800 for a free consultation.

On this week's Money Matters, Scott and Pat break down headlines shaping your money—from housing gridlock and interest rate anxiety to the risks of letting politics guide your investments. A fiery caller sparks a raw debate on using options, leading to honest talk on risk, returns, and financial reality. Scott and Pat also cover AI in financial advice, smart tax strategies for business owners, and when a simple trust is all you need. Plus, real listener questions on Social Security timing and estate planning—drama included (just a little). Join Money Matters:  Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Financial advisor Peter Richon of Richon Planning speaks with Kristin Williams, Executive Vice President of Advanced Tax Planning at Succession Capital. Their conversation explores how advanced tax and estate planning strategies can support long-term financial organization and decision-making. They cover topics such as trust structures, business transitions, multi-generational planning, and the coordination of tax and estate strategies. Kristin offers perspective on how individuals and families can approach complex planning needs with greater clarity, especially when managing significant assets or preparing for future transitions. This discussion highlights ways to think more strategically about wealth, legacy, and structure—both during life and beyond. For questions, contact Peter at (919) 300-5886 or visit www.RichonPlanning.com.

"Wouldn't it be nice" if you knew how to protect yourself and your family in the event of disability? Michael B. Cohen goes over how Brian Wilson's estate planning was a mixed bag.

I hate to be the bearer of bad news, but, someday, you're going to die. Before that happens, it's time to make a plan, and that's the message Dave Owens and John Sacerdote deliver on this episode of Around The Layout. Dave and John share how the Amherst Railway Society has helped many families who have lost their beloved model railroaders and give sound advice to avoid having your collection become a burden on those who survive you. Later, we hear from listeners who submitted their answer to the Question Of The Month on what their plans are when they head to the big layout in the sky.Learn more about this episode on our website:aroundthelayout.com/172Thank you to our episode sponsor, Spring Creek Model Trains:https://www.springcreekmodeltrains.com/Thank you to our episods sponsor, HomeShops Freelance Forum:https://homeshops.net/Thank you to our episode sponsor, Tully Models:https://tullymodels.com

What's really behind the delay in drawing up your estate plan? For many people, it's not time, money, or even complexity. It's fear. Fear of mortality, fear of making the wrong decision, fear of what might change, or fear of family conflict.  With years of experience helping families through the legal and emotional challenges of estate planning, Jeff shares the most common anxieties that prevent people from planning for the future. He offers ways to reframe those fears and explains why a less-than-perfect, but flexible, plan is better than no estate plan at all.   WHAT YOU NEED TO KNOW (00:00) Episode introduction  (04:19) The main reason people don't create an estate plan   (05:47) Managing the stress of “what ifs” vs. peace of mind for yourself and your family  (07:50) The legal and emotional cost of not having a power of attorney in place  (09:54) What happens if you die without a plan or without an up-to-date plan?   (11:44) An imperfect plan is better than no estate plan at all  (14:57) A flexible estate plan can accommodate different contingencies  (19:22) How to manage uncertain family dynamics  (22:10) Plan to make sure your money lasts  (23:24) Fear leads to procrastination, which leads to unintended consequences    ABOUT BELLOMO & ASSOCIATES Jeffrey R. Bellomo, the founder of Bellomo & Associates, is a licensed and certified elder law attorney with a master's degree in taxation and a certificate in estate planning. He explains complex legal and financial topics in easy-to-understand language. Bellomo & Associates is committed to providing education so that what happened to the Bellomo family doesn't happen to your family. We conduct free workshops on estate planning, crisis planning, Medicaid planning, special needs planning, probate administration, and trust administration. Visit our website (https://bellomoassociates.com/) to learn more. LINKS AND RESOURCES MENTIONED Bellomo & Associates workshops:https://bellomoassociates.com/workshops/ Life Care Planning The Three Secrets of Estate Planning Nuts & Bolts of Medicaid For more information, call us at (717) 845-5390. Connect with Bellomo & Associates on Social Media Tune in Saturdays at 7:30 a.m. Eastern to WSBA radio: https://www.newstalkwsba.com/ X (formerlyTwitter):https://twitter.com/bellomoassoc YouTube: https://www.youtube.com/user/BellomoAssociates Facebook:https://www.facebook.com/bellomoassociates Instagram:https://www.instagram.com/bellomoassociates/ LinkedIn:https://www.linkedin.com/in/bellomoandassociates WAYS TO WORK WITH JEFFREY BELLOMO Contact Us:https://bellomoassociates.com/contact/ Practice areas:https://bellomoassociates.com/practice-areas/    

Bill hosts this weekly show to discuss all things probate real estate.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Bill's Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://thelaprobateexpert.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Join Probate Weekly live: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.eventbrite.com/e/probate-weekly-tickets-67396261031⁠⁠⁠⁠⁠

Is Probate and Estate Planning really about your property, or people?YLR Host, Jeff Hayden, and tonight's co-host, David Bigeleisen, are joined by San Francisco Estate Planning, Trust & Probate Attorney John O'Grady.Questions for Jeff and his guests? Please call us, toll free, at (866) 798-8255.

Taalib Saber is an attorney, educator, and founder of The Saber Firm, whose mission is to use the law as a tool for liberation and legacy-building. From mentoring youth to advising athletes and artists on protecting their name, image, and business, Taalib shares how purpose and passion fuel his work beyond the courtroom. Tune in to hear his inspiring journey, hard-earned lessons, and what it truly means to protect your power.Subscribe and share the RISE Urban Nation Podcast! Connect with Taalib at thesaberfirm.com or follow him on Instagram @thesaberfirm. Connect with Taalib:Website: www.thesaberfirm.comIG: @thesaberfirmLinkedIn: Taalib SaberBook a consult:  www.thesaberfirm.com/book-a-consultCredits:Host: Taryell SimmonsGuest: Taalib SaberProduction: RISE Urban NationMusic: Will Maker Join the Movement with RISE Urban Nation Podcast

In this episode, hosts Brad and Michael dive into the story of a successful plastic surgeon who used estate planning strategies to transfer wealth and ownership to his family. What was originally intended to protect his assets ultimately backfired when a personal scandal gave his family the power to remove him from his role as CEO. Tune in to learn the importance of proper business governance, corporate formalities, and the fiduciary duty in protecting your practice.   Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

Are you afraid of your mom or dad experiencing a fall with no one there to help them? Or maybe you are afraid of falling yourself. Today we are talking about technology available offering peace of mind to families with these concerns. Debra King, a licensed clinical social worker and elder care coordinator at Johnson McGinnis Elder Care Law and Estate Planning speaks with David Vigerust with the Electronic Caregiver.

JOIN THE MONEY MISSION:https://moneymissionja.comGet the Money Mission Workbook: https://amzn.to/4567eL2Planning for retirement is an important step in your wealth journey.But where do you start, and what do you need to do? We'll discuss.Then, the analysts weigh in on the latest market developments…Kingston Wharves just took a 27% stake in Cargo Handlers. What does that mean for shareholders?And NEPA has approved solar farms for Wigton and Sunterra. What's next?We'll discuss.******************OUR SEGMENTS: 0:00- Intro2:16- What's Hot in Business8:17- Discussion44:28- Market Recap49:47 - The Analysts- Kingston Wharves59:04 -The Analysts- NEPA approvals*******************SUBSCRIBE TO OUR NEWSLETTER: https://kalilahreynolds.com/newsletter JOIN THE MONEY MISSION:https://moneymissionja.com

Send us a textEssential Money Conversations for CouplesWelcome back to The Retire Early Retire Now podcast hosted by Hunter Kelly, certified financial planner and founder of Palm Valley Wealth Management. This episode emphasizes the significance of open money conversations for couples at any stage of their relationship. Hunter delves into five crucial money topics that every couple should discuss to avoid future financial stress: understanding each other's values, creating a game plan for goals like paying off debt or purchasing a home, establishing a system for daily money management, envisioning retirement and future plans, and addressing estate planning. By discussing these important topics, couples can align their financial goals, support each other's individual aspirations, and build a more harmonious financial future. Hunter also highlights the importance of revisiting these conversations regularly to adapt to life's changes.00:00 Introduction to Money Conversations for Couples01:21 Understanding Each Other's Values07:43 Creating a Financial Game Plan10:35 Managing Day-to-Day Finances17:26 Planning for Retirement and Future Goals22:03 Estate Planning and Tough Conversations24:11 Conclusion and Final ThoughtsCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Do your parents need a little extra help around the house with cleaning or meals? Or maybe it is help with bathing and dressing? When you realize that help is needed, how do you go about getting that help? Pati Bedwell and Katlyn Green, elder care coordinators at Johnson McGinnis Elder Care Law and Estate Planning discuss where to begin in hiring the right caregiver for yourself or your loved one.

There is a common misconception that estate planning is exclusively for the rich, but many of the legal tools that estate attorneys provide are useful for people from all walks of life. Nathan speaks with estate planning attorney and long time friend of the show, Andy Nault, to discuss some estate planning documents that you should consider having in place, how to avoid some common mistakes, and much more. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Andy Nault; Air Date: 7/25/2025; Original Air Date: 6/6/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

In this episode of Trust Me! we will be discussing King Lear, the Shakespearean tragedy, and the fallout from an estate plan gone wrong.Our GuestRalph Hughes is a founding shareholder of Hughes & Pizzuto, A P.C. where he practices in the areas of Estate Planning, Trust Law, Probate Litigation, Trust Litigation, Will Contests, Mediation in related fields.  Ralph has been a Certified Specialist in Estate Planning, Trust and Probate Law for more than 25 years.  He is a member of the American College of Trust and Estate Counsel and a former member of the California Lawyers Association Trusts and Estates Executive Committee (TEXCOM). Our HostAnne M. Rudolph is a shareholder at Hughes & Pizzuto, APC. Her practice is limited to trust and probate administration, related litigation and appeals. She received her J.D. with highest honors from the University of Oklahoma College of Law. Anne is a certified specialist in Estate Planning, Trust and Probate Law and a member of CLA's Trusts and Estates Executive Committee (TEXCOM).Thank you for listening to Trust Me!Trust Me is Produced by Foley Marra StudiosEdited by Cat Hammons and Todd Gajdusek

Today, we look at the first five of ten common estate planning pitfalls that many people either ignore or misunderstand, and we lay out the real-life consequences of those mistakes. Estate planning is important not in terms of wealth, but in terms of reducing stress and preserving relationships when someone passes away. Whether or not someone is wealthy, a proper estate plan can prevent delayed decisions, misallocated assets, and elevated emotions for surviving loved ones - during a very stressful time.The first pitfall we tackle is not having a will at all. If someone dies without a will, their state—not their estate—decides who inherits what, based on legal formulas that ignore personal relationships or intentions. These formulas differ by state and often don't align with what people assume will happen.Next, we highlight the danger of outdated documents. Many people who think they're covered by old wills or plans don't realize that state laws or life changes—like moves, marriages, or children—can render those documents ineffective. We share a story of a family who thought they were protected, only to find out their paperwork didn't align with their current state's laws.Then, we move into beneficiary designations, which can override a will because they're treated as contracts. If those designations are outdated, such as naming an ex-spouse, the wrong person could end up with assets, regardless of what the will says. This is why reviewing beneficiaries regularly is crucial.The fourth pitfall is unfunded trusts. Setting up a trust isn't enough—it has to be funded, meaning the assets need to be formally moved into the trust. Without doing this, the trust is an empty safe, and the probate process still applies. We discuss a case where a well-intentioned trust ended up being completely ineffective because it wasn't properly funded.Finally, we address the lack of incapacity planning. Many people forget to prepare for a scenario where they're alive but unable to make decisions. Without healthcare directives or powers of attorney, families may have to go to court just to pay bills or make medical decisions—adding legal stress to already emotional situations.We wrap up by reiterating the importance of having clear, updated, and legally valid documents in place—not just for your sake, but for those you care about. In Part 2, we'll continue with the next five pitfalls to avoid. To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

Estate Planning and Your Home - Tax and Probate pitfalls

Every Monday, Jon Hansen is joined by a specialist from Mesirow to discuss a different topic surrounding finances. In this episode, Tiffany Irving, Senior Vice President and Wealth Advisor at Mesirow, joins Your Money Matters to talk about the importance of estate planning and working it out now rather than later. For more information, visit www.mesirow.com or call 877 […]

On this episode: Protecting your assets against the high cost of long-term care. Should you put your kids on the title of your home? You can’t handle work one more day, but you feel you are too young to retire. Will the market go up another 150% in the next 10 years? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Special Offer: Our friends at Cozy Earth are offering Say YES to Yourself! listeners an exclusive 40% off. Use code SAYYES at checkout to treat yourself to luxury  bedding and loungewear you'll never want to take off. Visit CozyEarth.com.The Say YES Summit is coming!Join us August 5–6, 1–4 PM EST for a free, virtual gathering designed to help you say YES to the next season of your life—with courage, joy, and unapologetic self-trust. Save your spot here. Use code FREEDOM to join us for free. Welcome to the Say YES to Yourself! Podcast—the show for midlife women, empty nesters, and those navigating major life transitions like divorce, reinvention, and rediscovery. If you're ready to shed old roles and finally put yourself first, you're in the right place.In this episode of the Say YES to Yourself! podcast, Wendy is joined by Sara Ecklein, professional fiduciary and host of the Legacy of Love podcast, for a tender, illuminating conversation about legacy, storytelling, and conscious end-of-life care.Sara's personal experiences with loss led her to reimagine how we approach trust administration - not just as a legal task, but as an act of love.They explore:Why courageous conversations are the true key to legacy and intimacyHow Sara's own loss led her to build a mindful fiduciary agencyWhy our estate plan can be a mirror reflecting our values, care, and truthWhether you're navigating your own estate plan or supporting someone else's, this episode offers a gentle yet powerful invitation to create peace, clarity, and meaning for yourself and the people you love.Connect with Sara:LinkedInTrustandHonor.coThe Legacy of Love PodcastThe Legacy of Love WorkbookReferenced in this Episode:Legacy of Love Podcast Episode featuring Yvonne CaputoYvonne Caputo's Books: Flying with DadDying with Dad________________________________________________________________________________________ Say YES to joining Wendy for her: Say YES Sisterhood PWH Farm StaysPWH Curated France TripsInstagram: @phineaswrighthouseFacebook: Phineas Wright HouseWebsite: Phineas Wright HousePodcast Production By Shannon Warner of Resonant Collective Want to start your own podcast? Let's chat! If this episode resonated, follow Say YES to Yourself! and leave a 5-star review—it helps more women in midlife discover the tools, stories, and community that make saying YES not only possible, but powerful.

Estate planning is one of the most important—and most overlooked—components of a sound financial plan. In this episode, Patti Brennan and Chief Planning Officer Eric Fuhrman dive into the biggest misconceptions they see every day, from outdated documents and rigid trusts to costly beneficiary oversights and changes in tax law. Whether you have $20 or $200 million, this conversation offers practical insight and real-life stories that underscore why a well-crafted estate plan isn't just about transferring wealth—it's about protecting the people and causes you care about most.    

Get the clarity you need on the One Big Beautiful Bill Act — the sweeping tax bill signed into law on July 4, 2025. What changed? What didn't? And most importantly — how does it impact your clients' planning strategies and bottom line? Guest Carma McCallie, JD, CAP, VP of Advanced Sales at Crump, joins us to unpack the key provisions and highlight smart planning opportunities you can act on before year-end.

Brent chats about the One Big Beautiful Bill Act (OBBBA) and its impact on estate planning for ultra-high net worth families. He gets into the increased estate tax exemption, tactics for using and managing high exemptions, opportunity zones, and the increases to qualified small business stock exemption, and the SALT cap, among other things.

Creating A Will Doesn't Make You Die Faster

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you struggling to help your aging parents make smart financial decisions—without damaging trust or creating tension?Many mid-life wealth builders face a unique challenge: balancing their own financial growth while stepping in to guide a parent's conservative but tax-heavy investment portfolio. This episode unpacks one listener's real-world situation, offering ways to approach these delicate conversations and uncover better legacy planning solutions—without stepping on emotional landmines.Here's what you'll walk away with:A practical framework to open estate planning discussions without triggering resistanceTwo creative, real-life strategies—intergenerational lending and participating whole life insurance—that can benefit both generationsCoaching-style questions that build trust, surface financial fears, and clarify legacy goalsPress play to learn how to guide your loved ones—and your family's financial future—with confidence and care.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Navigating the path to financial independence in Canada requires more than just smart saving—it demands a holistic approach to estate planning, wealth optimization, and financial literacy. Whether you're managing parental finances, seeking financial coaching, or building intergenerational wealth, it's essential to align your goals with proven investment strategies and retirement planning tools. This includes everything from RRSP optimization, salary vs dividends decisions, and capital gains strategies, to more advanced moves like corporate wealth planning, tax-efficient investing, and corporate structure optimization. By setting a clear financial vision, using structured investment bucket stratReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

All Home Care Matters and our host, Lance A. Slatton were honored to welcome Elena Sallitto, Esq. as guest to the show.   About Elena Sallitto, Esq.:   Elena is one of the leading authorities on elder and disability planning law in Maryland. She is at the forefront of expert representation, teaching, and legislative reform. She works alongside the Alzheimer's Association, the Maryland Chapter of AARP, aging life care specialists who coordinate home health, universities, and many other experts and advocates in her field.   About Stavely & Sallitto Elder Law:   Stavely & Sallitto Elder Law was founded with a singular mission: to empower individuals and families in navigating life's legal complexities with confidence and peace of mind. With seasoned attorneys who blend professional acumen with genuine empathy, Elena leads her firm in focusing on a range of practice areas tailored to meet the specialized needs of her clients and community.   At the heart of her practice is a deep understanding of the challenges faced by seniors, the disabled, and their loved ones as they navigate issues such as Medicaid & Asset Protection, Long Term Care Planning, Estate Planning, Estate Administration & Probate, Special Needs Planning, and Guardianship.   Elena's firm is uniquely rooted in a commitment to client-centered care. She empowers her team to foster meaningful relationships built on trust, respect, and understanding.   Connect with Elena Sallitto, Esq. & Stavely and Sallitto Elder Law: Official Website:  https://www.stavelysallittoelderlaw.com/ 

In this conversation, Rachel Lynch, a financial planner specializing in the home services space, discusses her journey from real estate to financial planning. She emphasizes the importance of financial readiness for real estate investors and the interconnectedness of financial planning and lending. Rachel shares insights on navigating financial strategies for real estate investment and the significance of building a strong network to seize opportunities in the real estate market. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In Episode of 211 of the Payne Points of Wealth, Bob, Ryan, Chris & Frankie sit down with top estate planner Kelly Zerillo to break down everything you need to know about putting together your estate documents in light of the Big Beautiful Act. Whether it's your first time drafting legal documents or you're looking to design a more sophisticated plan, this episode is packed with invaluable insights. Kelly Zerillo, a seasoned expert in the trust and estates field, provides sophisticated estate planning and administration services to ultra-high net worth individuals, families, and business owners throughout New York City and beyond. With over a decade of experience, Kelly has earned a reputation for delivering personalized, strategic, and tax-efficient solutions tailored to the unique needs of her clients. Join us as we walk you through all the common-sense strategies and pitfalls for creating the right plan to transfer your assets to the next generation in the most efficient and tax-sensitive manner. We demystify the complexities of legal planning and offer the most straightforward discussion on the topic. From the basics to advanced strategies, this episode is your go-to guide for estate planning.   Tune in to gain a deeper understanding of:   The essentials of putting together your estate documents. Strategies for designing a high-net-worth estate plan. Common pitfalls to avoid in asset planning. How to transfer your assets efficiently and in a tax-sensitive manner.   Don't miss this opportunity to learn from one of the best in the field. Whether you're just starting out or looking to refine your existing plan, this episode has something for everyone.

This week's episode begins with a heartfelt listener question that cuts to the core of a topic we all tend to avoid—death, and the financial planning that surrounds it. Pete, Kristen, and Damian explore whether prepaying for funeral arrangements is a sound financial decision—or an expensive emotional shortcut. With compassion and clarity, the team breaks down the pros (like locking in today's prices and reducing stress on loved ones), cons (think: lack of flexibility and risk of mismanaged funds), and alternatives (including payable-on-death accounts and funeral trusts). We also explore Medicaid planning implications and what to watch for if you're in a state like Indiana with specific caps. Then in Segment 2, it's Estate Planning 101—without the intimidating legalese. What documents matter most? Why is this an act of love, not just a legal to-do list? The trio walks through wills, powers of attorney, healthcare directives, and the often-overlooked step of updating beneficiaries. Finally, we wrap with the emotional labor of planning ahead. Why is it so hard to talk about money and mortality with family? How do you start the conversation without freaking everyone out? We offer gentle scripts, relatable stories, and encouragement to be the planner your future self—and your family—will thank. You'll laugh, you'll cry, and—if we do our job—you'll make at least one meaningful step toward peace of mind.

Today we are answering your questions about estate planning and passing on of wealth to future generations. We talk about the value of giving your kids their inheritance earlier in life when they need it most. We discuss if buying variable annuities as a way to pass wealth to your children or grandchildren is a good idea, as well as what to do when you receive an annuity as inheritance. We discuss the importance of getting a solid estate plan in place, especially when there are complicated situations involving multiple properties being kept in the family and passed down to future generations. We also get to hear from our friends at Wellings Capital and then answer a question about private real estate debt funds. Today's episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that's where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you're still in residency. And if you're already out of residency, SoFi's got you covered there too. For more information, go to https://www.whitecoatinvestor.com/Sofi SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891. The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you! Find 1000's of written articles on the blog: https://www.whitecoatinvestor.com  Our YouTube channel if you prefer watching videos to learn: https://www.whitecoatinvestor.com/youtube  Student Loan Advice for all your student loan needs: https://studentloanadvice.com  Join the community on Facebook: https://www.facebook.com/thewhitecoatinvestor  Join the community on Twitter: https://twitter.com/WCInvestor  Join the community on Instagram: https://www.instagram.com/thewhitecoatinvestor  Join the community on Reddit: https://www.reddit.com/r/whitecoatinvestor  Learn faster with our Online Courses: https://whitecoatinvestor.teachable.com  Sign up for our Newsletter here: https://www.whitecoatinvestor.com/free-monthly-newsletter