Podcasts about Estate planning

As business owners and mothers, we want to leave a financial legacy for our children so they never have to worry about money - but what's the best way to do that? In this episode, I'm sharing my tips for building a legacy for your family through financial literacy, college savings (and alternatives to 529s!), and estate planning for leaving your business and other assets to your family.  Are you looking for more information on building wealth with your business? Sign up for my free email newsletter, Millionaire Mondays!  Do you have a question or topic you'd like me to cover on the show? Click here to send us your submission!    Links mentioned: The Simple Path to Wealth by J L Collins Get my FREE 12-Page Journey to Wealth Guide   In this episode, I cover: 0:00 What it means to build a legacy 7:23 Why you need to prioritize your own financial well-being first 11:24 Paying for your child's education and alternatives to a 529 account 17:25 Opening a retirement account for your children through your business 21:40 Leveraging estate planning to leave assets for your children   I'm Sarah Young - an entrepreneur, investor, and millionaire mentor for female founders! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, in addition to building my own successful agency, and I started the Profit + Prosper podcast to help you do the same.  Profit + Prosper will help you make more money, save more money, and set yourself up to retire early while upgrading your life - all in a way that's fun and empowering. In each episode, I'll share tactical, strategic, and mindset tips to grow your business, increase your profit, and truly prosper in your business and in life. I hope you'll subscribe so we can Profit + Prosper together!   Connect with Sarah: Instagram Facebook YouTube Website

Get ready for a hilarious rollercoaster ride on the latest episode of the Quiet Wealth podcast with host Camilla Jeffs! In this uproarious installment, Camilla dives into the world of estate planning and shares an unforgettable tale of the mischievous Margaret, a legendary prankster whose family had to embark on "The Great Inheritance Scavenger Hunt" to find her elusive estate plan after she passed away. Buckle up as Camilla reminds us all that estate planning is not just reserved for the wealthy, but is a vital step for everyone. Tune in for a good laugh as she breaks down the key elements involved, delves into the emotional aspects, and highlights the importance of working with seasoned professionals. Avoid the pitfalls of procrastination and generic online templates! Take charge of your future and listen to this side-splitting episode today. Trust us, you won't want to miss it!Episode Timeline• [00:01:18] The Great Inheritance Scavenger Hunt • [00:03:42] The basics of estate planning• [00:08:37] Key elements of estate planning• [00:11:57] Estate planning and leaving a legacy• [00:13:10] Importance of professional help• [00:15:22] Tailoring your estate planShout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com and start the conversation. She's not just your podcast manager; she's your partner in success! Get ready to hit record, and let Abby take care of the rest.===Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! https://steadystreaminvestments.com/masterclass/ Follow us at https://www.facebook.com/steadystreaminvestments https://www.instagram.com/quietwealthcommunity/ https://www.tiktok.com/@quietwealth https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ https://www.linkedin.com/company/steady-stream-investments

When someone dies, many folks are confused about who owns the house during probate, right after the death. Technically, the heirs own it immediately upon death, subject to debts and taxes of the estate. But, sometimes is not clear who the heirs are. The probate process decides who exactly are the heirs and places an executor in charge to sort out all those debts and taxes. So, the heirs own the house, but if it is not clear who the heirs are, then you kind of need to wait to see who really owns it. Understandably, this is a bit confusing. We'll cover common questions on who owns the property during probate. Can multiple heirs inherit a house? Yes, multiple heirs can own the house either by will or deed. As you can imagine, having more than one heir inherit the house leads to a lot of problems. The most common problem is when one heir lives in the house and won't leave. Or maybe heirs can't agree on how to manage the property. And, sometimes one heir wants to keep the property and the rest want to sell it. They might even disagree on how to buy each other out. These conflicts often lead to a probate sale so everyone can take their share and walk away. Can the executor sell a house that is in probate? Does the executor have the power and authority to sell a house that is in probate? Yes, absolutely. Besides, selling the house is often necessary. Maybe the will instructs the executor to sell the house and divide the proceeds among the heirs. Sometimes the house has to be sold to cover the estate bills/taxes that the bank accounts can't cover. Or, as mentioned above, the house has to be sold because multiple heirs can't agree on what to do with the property. Do all heirs have to agree to sell property? Preferably, all the heirs should agree; that would make life easier! But they don't necessarily have to agree. If there is a court-appointed executor, then executor can make the impartial decision (if it's a professional executor and not a family member). If the executor is a family member or one of the heirs, then the decision isn't really impartial and there is potential for drama. If multiple heirs are on the deed, then the house is technically not part of probate. If heirs are in conflict about the deed, then there will be expensive court proceedings to either bring the property back into the estate so the executor can decide, or a judicial partition where a judge decides. By the time these expensive court proceedings are over, there might not be much profit. Naming multiple heirs on a deed is a variant of what we call the “beneficiary problem.” Probate We get these questions a lot, so hopefully this helps clear things up for our callers and listeners! To learn more about the ins and outs of probate, check out my book, “How Probate Works,” available on Amazon. Request your free consultation  

What if you pass away with children outside of your marriage? Who inherits from you and what percentage do they receive? -- I love helping people and make these podcasts to help non-lawyers learn a little more about legal concepts. I'd appreciate it if you take a second to let me know what you thought of the podcast and if you learned something, please hit the subscribe button, rate and review! It helps other people access the podcast too. -- If you want to talk more about estate planning: https://www.amandarochalaw.com/click-estate-planning If you want to talk more about probate: https://www.amandarochalaw.com/click-probate -- Estate Planning and Probate is all we do. If you want someone who is honest, diligent, and compassionate, you've come to the right place. Amanda Rocha is the owner of Law Office of Amanda L. Rocha. She created it with one goal - help YOU live a great life and leave a great legacy. You'll find information here on estate planning, probate, revocable living trusts, irrevocable trusts, life insurance trusts, charitable giving, wills, trusts, power of attorney, medical power of attorney, trustee selection, and everything in between. -- Instagram = https://www.instagram.com/amandarochalaw Facebook = https://www.facebook.com/amandarochalaw *Attorney advertising. For educational purposes; no guarantees are made with this podcast or text.

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Is there annual maintenance when you have a trust? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

Social Security is a vital part of retirement planning for many Americans. But with so many different filing strategies available, it can be tough to know which one is right for you. In this episode, Brandon shares insight on how to find what Social Security filing strategy may work for your individual needs.   Brandon discusses the different factors to consider when choosing a filing strategy, such as your age, health, income, and retirement goals.  He also explains how to avoid some of the common pitfalls of Social Security planning. Before you file for Social Security, connect with Brandon and his team at BowenWealth.com, to begin the conversation about your filing options and building a retirement income plan customized to your goals. #SocialSecurity #SocialSecurityFilingStrategies #SocialSecurityBenefits #IncomePlan #RetirementSavings #RetirementIncome #RetirementPlanning #FinancialFuture #WealthManagement #FinancePodcast #FinancialLiteracy #wealth #fyp #podcast #SouthCarolina #Charleston #BrandonBowen #BowenWealth #CharlestonsRetirementCoach #RetirementGameplan #FinancialAdvisor

Chief Investment Officer Troy Harmon, CFA, CVA, Senior Associate Logan Daniel, CFP®, CRPC® and Associate Giuliana Barbagelata, CFP®, provide advice for an investor who will likely have to take over her aging parents' finances. They discuss some basic steps as well as some other estate planning concerns. Read the Article: https://www.henssler.com/aging-gracefully-managing-aging-parents-financial-affairs 

In the world of estate planning, one crucial factor stands out above all else: understanding and achieving the objectives of the client. On today's episode our host Mary Vandenack, CEO, Founder, and Managing Partner at Vandenack Weaver LLC,engages in thought-provoking conversations with Anne Burnett, founding partner atBurnett Wilson Law to explore the concept of client-focused planning. Join us as we delve into the fundamental components of a comprehensive estate plan as well as real-life examples of how estate planning strategies change in response to dynamic family circumstances, such as the presence of a family business or the unique needs of a special needs child.This is another Hurrdat Media Production. Hurrdat Media is a podcast network and digital media production company based in Omaha, NE. Find more podcasts on the Hurrdat Media Network by going to HurrdatMedia.com or Hurrdat Media YouTube channel!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Is it normal for probate to last 3 years? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

According to a survey by the Cornell Family Reconciliation Project, 27% of Americans, approximately 68 million people, are now estranged from their family. In this episode of Edelman Financial Engines' Everyday Wealth™, Jean and wealth planner Andy Smith address the financial side of estrangement and the estate planning challenges for changing family dynamics including multigenerational wealth transfer. Later in the episode, Erin Smith, a director of estate planning at Edelman Financial Engines, joins the conversation to explain the main components of an estate plan and why everyone should have one, especially those with complicated family situations.   Ms. Chatzky and HerMoney are not clients, agents, representatives, or affiliates of EFE. She is the host of  EFE's “Everyday Wealth” podcast. In return, she receives cash compensation as host and engaging in related activities. The “HerMoney with Jean Chatzky Podcast,” is sponsored by EFE. In this arrangement, HerMoney receives a fee based on the number of downloads, paid on a quarterly basis. Both HerMoney and Ms. Chatzky have an incentive to endorse EFE and its services due to these arrangements. For additional information, please go to https://www.edelmanfinancialengines.com/everyday-wealth/ and https://hermoney.com/t/podcasts/. The use of trusts and estate planning involves a complex web of state laws, tax rules and regulations. The information provided is for educational purposes only and should not be construed as estate, legal or tax advice. Although some of the statistical information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with your financial advisor and tax or legal professional to help determine the best options for your particular circumstances. This show is pre-recorded. © 2023 YEAR Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Results are not guaranteed. See omnystudio.com/listener for privacy information.

Does your portfolio care about politics? It's a question we're all asking as we head into 2024. But even outside election years, understanding the relationship between the market and political dynamics is crucial. Join us as we explore how these two arenas intersect and what knowledge you need to make informed investment decisions year-round.  Presented by Creative Planning, each week Host and Managing Director John Hagensen cuts through the headlines and loud takes to challenge the advice you may have been given and reaffirm what you know to be true. Plus, don't miss his weekly interviews with Creative Planning specialists as they cover investing, taxes, estate planning and many other areas that impact your financial life! Important Legal Disclosure: creativeplanning.com/important-disclosure-information/ Have questions or topic suggestions? Email us @ podcasts@creativeplanning.com

In this episode, Ryan and Alex discuss if a 20 year old needs estate planning documents and why. The beers of the day are Fremont Brewing's Hustle Double IPA and Widmer Brothers Hefeweizen. To learn more about these beers, please visit their websites https://www.fremontbrewing.com/hustle https://www.widmerbrothers.com/beer/hefe If you would like to learn more about Quantified Financial Partners, please visit our website www.beerandmoney.net  

This week in the vault, guest Lindsay Bayles discussed the importance of estate planning. She explained the need for trusts and LLCs to protect assets, health care directives and durable powers of attorney for college-bound students, and wills and trusts to protect families in the event of tragedy. Lindsay also emphasized the need to seek out professionals to help with estate planning and to have conversations about it.Find Proven Law here:https://provenlaw.com/Find Blue Form Media here:https://www.blueformmedia.com/

Henssler Money Talks – September 23, 2023Season 37, Episode 38This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, Senior Associate Logan Daniel, CFP®, CRPC® and Associate Giuliana Barbagelata, CFP®, discuss the Fed's September monetary policy meeting, Consumer Sentiment, and Industrial Production. Logan and Giuliana provide advice for an investor who will likely have to take over her aging parents' finances. They discuss some basic steps as well as some other estate planning concerns. The hosts round out the show with a listener's question on not only being able to max out his 401(k) contribution but also having access to two 401(k) plans.Timestamps and Chapters00:00 Market Roundup: Covering September 18 – September 22, 202323:46 Case Study: Finances for Aging Parents34:28 Q&A Time: Should I invest in both 401(k) plans?Follow Henssler:  Facebook: http://bit.ly/HensslerFacebook  Twitter: http://bit.ly/HensslerTwitter  LinkedIn: http://bit.ly/HensslerLinkedIn  Instagram: https://www.instagram.com/hensslerfinancial/YouTube: http://bit.ly/HensslerYouTube   “Money Talks” is brought to you by Henssler Financial. Sign up for the Money Talks Newsletter: https://www.henssler.com/newsletters/ 

How I organize LLCs with multiple rental properties. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

We've all been around long enough to know that life can throw us curveballs. Having an estate plan—which typically includes a will, healthcare directive, financial power of attorney, and often a revocable trust—can ensure that your family is protected if something happens to you. If you've been putting off creating an estate plan, or you're not sure whether your family needs one, you'll love this conversation with estate and wealth planning attorney Jennifer Belmont Jennings. Jennifer fills you in on everything you need to know, including: What a trust is, why you probably need one, and why it's a bad idea to procrastinate The various players you need to choose for your trust, and what to look for in each of these individuals How to decide on a trustee, as well as guardians for your children—and how to avoid conflicts among them The advanced medical directives and other paperwork that should be included in your estate plan How to set up special provisions for dependents with special needs What corporate trust companies are and when you should consider using one Additional trust provisions that can help to protect your family How often you need to update your trust, and what happens when you move Plus—because Jen is not only smart but funny—we talk about celebrity estate fiascos and what we can learn from them, and what Taylor Swift recently got wrong when writing song lyrics about her will! Be sure to tune in to this important conversation. Full show notes available at Morebeautifulproject.com. Please note that this content is for educational purposes only and is not legal advice.

How do you handle fraudulent real estate transactions? At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

Your estate planning ideas will not save you. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

What are the risks of being an executor? An executor has a lot of power and responsibility during probate, but is correspondingly accountable for everything that happens within the estate. We'll cover how an executor has risk of even personal liability, how long that risk lasts, and how an executor can protect himself from these risks. Executor personally liable for debts and taxes The executor has personal liability for debts, taxes, and anything wrong with the estate. If an executor makes an error, the court's first reaction is to deny payment of the executor's commission. If the commission is not enough to cover the court-determined error, the executor's PERSONAL assets (home, bank accounts, etc.) are legally at risk if court rules that the executor screwed up. When someone chooses an executor and that person accepts the role, it's very possible that neither party is aware of the risks. The risks can be more than the executor forgetting to pay a tax bill and becoming personally liable for it. Some scenarios are a bit more nuanced. For example, the executor sells the real estate, but at the closing a few months later, the heirs dispute the sale price. The heirs might seek the difference in the price from the executor's commission or from him personally. Another example is when the executor fails to pay a “knowable” debt or tax or fails to take the steps to find out if debts exist. How long is an executor liable for debts? Theoretically, the executor can be liable forever. There are some limits, but practically an aggressive lawsuit can get around those limits Many states have laws that give creditors 7 months (or similar time limit) to submit verified claims. There is a specific legal procedure to become an official creditor or else the executor is not personally liable for that debt. However, even in absence of a formal claim, the executor can be held to have constructively known about the debt, or even should have known! The best practice when closing an estate is to ask heirs to sign a receipt and release, which says the heirs accept their check as full and final settlement, and agree not to try to sue the executor later. Theoretically, the release is iron-clad protection for the executor. But practically, the heirs can get around it. An heir could claim that she signed the receipt and release because the executor failed to disclose information, otherwise she wouldn't have signed it, etc. How executors can protect themselves The good news is that there are ways to protect yourself if you are an executor. First, get the tax clearance. Don't distribute estate funds until the IRS and state have confirmed you're good to go. Although painfully slow, they have procedures to formally release an executor from personal liability. If you fail to get the tax clearance (or even fail to search for tax that is owed), the taxing authorities have and will slap you with large and completely unexpected tax bills. Second, when closing an estate, do a full accounting with receipt and releases. The accounting is composed of the books and records of the estate in court-approved format. It provides full disclosure to the heirs and gives heirs/creditors less wiggle room to argue that the executor failed to inform them. Next, keep a reserve. Hang on to a small percentage of the estate funds to pay those surprise debts or taxes, just in case. Of course, the reserve will be paid out to the heirs eventually. But, give yourself some time to make extra sure that the estate doesn't owe any debts or taxes. No matter how good an executor is and even though the estate is closed, things tend to come up down the road. If you have a decent reserve, then you won't have to hunt down the heirs asking them to pay back the debt. And believe me, the heirs will not return your calls and you'll be out of luck. Lastly, you can protect yourself by not being an executor: hire a professional! Even with a good probate lawyer, amateur executors are prone to making poor decisions that leave them open to risk. Why not have an experienced professional making those risk cost-benefit decisions, instead? Even a small mistake could leave an executor open to risks. For those of you who are considering being executors or for those who are thinking about who to name as your executor, it is useful to know what an executor has to go through. To learn more, check out my book, “How to Hire an Executor.” Request your free consultation    

This episode gives an overview to Estate Planning. Tune in to hear about:WillsTrustsHealth Care ProxyDurable Power of AttorneyEstate taxInheritance taxPlease subscribe and leave a review on your favorite Podcasting platform.  If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook You can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang 

In this week's audio podcast, Miguel Gonzalez explains the key differences between estate planning and asset protection, as well as the optimal occasions when you should consider each wealth-preservation strategy.Welcome 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/CORTBURGRETIREMENTADVISORS Facebook-> https://m.facebook.com/CortburgInc Twitter-> https://twitter.com/CortburgInc LinkedIn->https://www.linkedin.com/in/miguelxgonzalez/ Website: www.CortburgRetirement.com Email: Miguel@CortburgRetirement.com

The financial landscape is changing, and traditional market wisdom may not hold true anymore. In this episode, Brandon dives into the disconnect between the stock market and the economy and the importance of caution in your investment approach.   Brandon also shares the reasons he believes you may want to give annuities a second look. Annuities are often misunderstood but have evolved and now offer many compelling benefits for retirees, especially in today's economic climate.   Brandon breaks down the advantages of annuities compared to traditional low-yield bond funds, how they could provide principal protection with reliable growth (even in uncertain times), and their role in building a diversified retirement portfolio. If you're ready to build an income plan for your retirement, connect with Brandon and his team at BowenWealth.com, to begin the conversation today. #IncomePlan #RetirementSavings #RetirementIncome #InvestmentStrategies #Annuities #FinancialEducation #RetirementPlanning #FinancialFuture #MarketTrends #PrincipalProtection #PortfolioDiversification #FinancialAdvisor #WealthManagement #FinancePodcast #FinancialLiteracy #RiskManagement #PortfolioXray #DiversifiedPortfolio #wealth #fyp #podcast #SouthCarolina #Charleston #BrandonBowen #BowenWealth #CharlestonsRetirementCoach #RetirementGameplan

We are always looking for people to join the team! At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

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Money solves many problems, but it doesn't solve *all* of them. And in some cases, wealth can actually create some new problems. Here to talk about that dynamic — and how people can get ahead of those issues by proactively managing their wealth — is someone who's helped dozens of families do exactly that over the last couple of decades.   John M. Jennings is president and chief strategist of St. Louis Trust & Family Office, a $15 billion wealth management firm. His book, “The Uncertainty Solution”, is an engaging dive into investing philosophy and best practices as well as an authoritative, accessible guide for anyone who feels inundated with financial news and data.    Listen to the full episode for more on the “unsexy” task of figuring out cash flow, why having large amounts of wealth can come with its own unanticipated problems, John's insights into investment, and a lot more.   Here's a Glimpse of What You'll Learn:    More info about what John's organization does, and what differentiates them from other competitors The power of “ridiculous customization”, plus why John's company starts with the “unsexy” things (like cash flow) before anything else related to investment Why having major wealth isn't always “puppies and butterflies” More about the intricacies of estate (and other types of) tax, and when a family or business owner should seek advice in order to minimize how much they pay in taxes Some of the biggest insights from John's book, “The Uncertainty Solution” — and why it's not actually just an investment book Why John didn't buy Amazon stock — and what that says about the overall stock market What John prioritizes when it comes to his physical and mental health, and why those habits help him perform his best Why John's measure of success in his personal life is related to naptime More about the journey it took for John to finally write his book despite a lot of self-doubt  Several of John's top book recommendations   Resources Mentioned in This Episode:  John's website and blog St. Louis Trust & Family Office website “The Uncertainty Solution: How to Invest with Confidence in the Face of the Unknown” by John M. Jennings “The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing” by Michael J. Mauboussin “The Black Swan: The Impact of the Highly Improbable” by Nassim Nicholas Taleb “Thinking, Fast and Slow” by Daniel Kahneman “Winning the Loser's Game: Timeless Strategies for Successful Investing” by Charles Ellis “Scale: The Universal Laws of Life, Growth, and Death in Organisms, Cities, and Companies” by Geoffrey West  Buy a copy of “Lost at CEO: An Entrepreneur's Guide to Strategy” by Carl J. Cox  40 Strategy Contact 40 Strategy Carl J. Cox on LinkedIn  

Ten years ago, 60 Minutes interviewed financial planner Brooks Hamilton who raised concerns about the quality of mutual funds in 401(k) plans. Recently the clip has seen new life online with many asking, “Have things improved since then?”   In this episode, Frank and Frankie break down some key changes in 401(k) plans, including the rise of Roth 401(k) options and their potential benefits for tax-free retirement income. They emphasize the significance of employer matches and discuss strategies for minimizing taxes on your retirement savings.   Learn about the advantages of in-service distributions once you reach age 59½ and how doing them might expand your investment options. Learn about the pitfalls of certain target retirement funds and explore alternatives for a balanced portfolio.   If you're looking to boost your retirement savings, minimize taxes, and secure your financial future, visit A Better Way Financial.com to start the conversation about your retirement plan today.   Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.”   #ABetterWayFinancial #RetirementSavings #FinancialPlanning #BabyBoomers #Retirement #RiskTolerance #PortfolioDiversification #60Minutes #401k #401kPlans #RetirementPlanning #Roth401k #TaxStrategies #MutualFunds #TargetRetirementFunds #InServiceDistributions #RetirementIncome #PortfolioOptimization #MarketDownturns #FinancialFuture #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #Allentown #Pennsylvania

In this episode Eric and Robert covert some basic estate planning topics and frequent mistakes they see people make. 

In today's episode, Zacc Call and Laura Hadley talk about exiting your business from a legal perspective with the help of attorneys Bryant Jensen and Megha Kundra from Fabian VanCott.   Listen as they discuss the process business owners need to take when exiting their business, how to properly evaluate the market, review financials, and prepare for the sale.    Bryant & Megha discuss:   A breakdown of the legal costs associated with exiting your business How to properly document the entire valuation and exit process Strategies for maximizing the value of a business before selling And more   Resources:   Guided Path 6-1 Business Structures Guided Path 6-2 Choosing the Best Retirement Plan for Your Small Business  Guided Path 6-3 Invest In Your Business & In Your Retirement    Connect with Capita Financial Network:   info@capitamail.com tfc@capitamail.com (801) 566-5058 Capita Financial Network LinkedIn: Zaccary Call  LinkedIn: Laura Hadley LinkedIn: Capita Financial Network Facebook: Capita Financial Network   Connect with Our Guests:   LinkedIn: Fabian VanCott FabianVanCott.com LinkedIn: Megha Kundra LinkedIn: Bryant W. Jensen  

Stop getting mad at people for spending their own money. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

Without proper succession planning, execution of that planning, and following the directives set forth, even the most basic estate or business transition can become an adventure and attract scrutiny from the IRS. In this timely episode, we welcome Jon Whitacre, JD, CLU, ChFC, and director of Advanced Sales at Crump Life Insurance Services to explain why Connelly vs United States is so important to financial advisors, life insurance producers, and clients. He offers solutions to avoid what happened in this landmark case. 

Trust Administration - What is it, and how is it different than probate? If you or a loved one has a trust, you need to know this information! Contact me for additional information or to set up your trust so that you can avoid probate! www.amandarochalaw.com/contact-us I love helping people and make these podcasts to help non-lawyers learn a little more about legal concepts. I'd appreciate it if you take a second to let me know what you thought of the podcast and if you learned something, please hit the subscribe button, rate and review! It helps other people access the podcast too. -- If you want to talk more about estate planning: https://www.amandarochalaw.com/click-estate-planning If you want to talk more about probate: https://www.amandarochalaw.com/click-probate -- Estate Planning and Probate is all we do. If you want someone who is honest, diligent, and compassionate, you've come to the right place. Amanda Rocha is the owner of Law Office of Amanda L. Rocha. She created it with one goal - help YOU live a great life and leave a great legacy. You'll find information here on estate planning, probate, revocable living trusts, irrevocable trusts, life insurance trusts, charitable giving, wills, trusts, power of attorney, medical power of attorney, trustee selection, and everything in between. -- Instagram = https://www.instagram.com/amandarochalaw Facebook = https://www.facebook.com/amandarochalaw *Attorney advertising. For educational purposes; no guarantees are made with this podcast or text.

Whether you're facing a career shift, family changes or a spurt of personal growth, make sure your financial plan can adapt accordingly by asking these three crucial questions. (00:41) Plus, how can we rethink our reactions to market volatility? (26:50) Presented by Creative Planning, each week Host and Managing Director John Hagensen cuts through the headlines and loud takes to challenge the advice you may have been given and reaffirm what you know to be true. Plus, don't miss his weekly interviews with Creative Planning specialists as they cover investing, taxes, estate planning and many other areas that impact your financial life! Important Legal Disclosure: creativeplanning.com/important-disclosure-information/ Have questions or topic suggestions? Email us @ podcasts@creativeplanning.com

The Millionaire Math Teacher is back on FIT to discuss a variety of topics, most importantly, estate planning.  Unfortunately, John's father-in-law recently passed and John and his family have been handling the estate of the late family member.  Is a will enough? How about a trust?  What else should we be doing to ease the burden on the family we leave behind.  John has been knee deep into all of these topics and more over the course of the last few months and he shares what he has learned and how he will adapt with his own children. 

This podcast episode was originally recorded as a webinar with Michael Wild. However, we thought the content was so important, we wanted you, our loyal podcast listeners, to hear it as well.Are you an aesthetic medical professional committed to top-notch care for your patients? While building a thriving practice is important, protecting your hard-earned assets is just as essential, and that's why our experts are delving deep into the strategies and techniques that will help you successfully protect your practice, your family and your legacy. In other words, create your estate plan.Join our CEO & Founder and practice management expert, Jay Shorr, and Managing Partner at Wild Felice & Partners, PA law firm, Michael D. Wild, Esq., to learn:✅ Asset protection strategies tailored to your aesthetic medical practice✅ The intricacies of wills and trusts and how to choose the right path for your estate✅ How to be prepared for the unthinkable. What happens if you pass away unexpectedly?✅ How to leverage the expertise of estate lawyers to maximize protection and minimize risks✅ How to navigate tax implications and minimize liabilities through smart estate planning✅ Legal mechanisms and contingency plans that will provide peace of mind and secure a lasting legacyDon't miss this unique opportunity to gain invaluable knowledge and expert advice on estate planning to secure your aesthetic practice and take control of your future!Schedule your free 30-minute consult with our expert, Jay Shorr, here.To sign up for our Conversion Cascade online course, click here. Don't forget to enter code PODCAST at checkout for 20% OFF! Connect with us: Website: https://shorrsolutions.com/ Instagram: https://www.instagram.com/shorrsolutions Facebook: https://www.facebook.com/shorrsolutions LinkedIn: https://www.linkedin.com/company/shorrsolutions YouTube: https://www.youtube.com/user/TheBestMBS1/featuredConnect with Michael D. Wild, Esq.: Website: https://wfplaw.com/Instagram: https://www.instagram.com/floridalawfirm/ LinkedIn: https://www.linkedin.com/company/wild-felice-&-pardo-p-a-/E-mail:  mwild@wfplaw.com

Higher interest rates have people moving away from the stock market. 30 percent of people do all their own investing, until they get to retirement. What brings on the change? If you watch for depressed stocks to find a deal, Bill Gates just took a flyer. How could advisor fees skim 40% of your retirement money? The guy on TV says planning for Long Term Care is easy. Does Greg agree?

Hans, Robby and Tom are back again this week with a brand new episode! This week, they discuss estate planning for the surviving spouse. Don't forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free! You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com. Find us on YouTube: Cardinal Advisors.

A will is a crucial component of a financial plan, but it may not be sufficient on its own. In this episode of the One for the Money podcast, I share why many people would benefit from a trust. In the tips, tricks, and strategies portion, I share a tip regarding locating unclaimed money.In this episode...More than a will [01:13]Trusts vs. wills [04:06]Inadvertent disinheritance [06:52]Finding unclaimed assets [10:40]More than moneyWithout an estate plan, transferring an estate costs much more because a lawyer is necessary. Also, the process takes much longer because of the backlog in the courts. The records are 100% public, so there's no privacy whatsoever. If you don't want scammers to harass your children by knowing how much they received, make sure you have an estate plan.While avoiding expensive lawyers and keeping your final financial information private and away from the eyes of scammers are great reasons to have an estate plan, the primary reason is to preserve family unity. As I mentioned in the previous episode, family unity is the most important legacy you leave behind. Without an estate plan, your heirs may have some strong disagreements. Relationships could be ruined over a simple thing like money.Will vs. trustSome law firms prefer wills over trusts because the result is more lucrative. That's why some law firms charge so little for wills; they want the probate business. Changing a will requires certain steps; the same witness must sign the updated will. Trusts are easier to change than wills, and assets will be distributed based on an attached document. That document can be periodically updated, and distributions are based on the latest version. A trust is much more flexible than a will to make those changes. Trusts are great when you have several beneficiaries on accounts. You won't need to update your accounts if you've named the trust as the beneficiary. With a will, you can't control the distributions. With a trust, you can for some beneficiaries. Smoothly transferring assetsCertain situations almost require a trust, as inadvertently disinheriting children is too easy, as with blended families. For example, if a husband and wife each have kids from a previous marriage, and the husband were to pass away, the wife may inherit everything. Then, when she passes, only her children may inherit all of the money. Inadvertently, this would disinherit the husband's children from the previous marriage. Because of gift taxes and other complications, the solution isn't as simple as inheriting children giving a portion to the others.One important thing to note about the transferring of assets is that property transfers first by title, then by beneficiary designation, and finally by probate or will through the courts. Some assets can't have a beneficiary named, like a house. So if your will states that your 401k will be split between your kids but names only one of your kids as the beneficiary, that beneficiary will supersede the will. In that scenario, the title beneficiaries would need to match the will. By establishing trust, you can easily address this concern. Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.Resources & People MentionedMissingMoney.comNational Association of Unclaimed Property AdministratorsThe Only Legacy that Matters - Ensuring Family Unity via Estate Planning , Ep...

How to qualify for Medicaid if you're already in a nursing home. At CMS Law Firm we do estate planning, we do it well, and we'd love to talk to you about how you can protect your family, protect yourself, and protect your money. Good news for you is, that's easy to do. Just click the link and set up a time for your free strategy session - https://cmslawfirm.com/estateplanningstrategysession. Talk to you soon!

The concept of “making it” or crossing the finish line in your Wealth journey is like the tooth fairy. It would be awesome if it existed, but it doesn't.Preserving your wealth is a full-time job, and if done well, it's a job that will be carried out past your lifetime.  Working with a financial “Quarterback” helps your wealth grow and protects you from the unnecessary and avoidable risks that can erode your wealth.Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (

In this podcast episode, Kris Flammang talks with guest Carmen Dellutri. Carmen is the Founder and President of The Dellutri Law Group, PA. He is certified by the American Board of Certification Consumer in Bankruptcy Law. He is also a Florida Supreme Court Certified Circuit Court and Family Law Mediator and a Qualified Arbitrator. He has multiple degrees and is licensed to practice in multiple states. Carmen is a distinguished attorney and advocate in the field of personal injury law, with a reputation for relentless determination and compassionate representation. As the founder and president of Dellutri Law, he has dedicated his career to assisting individuals who have suffered from car accidents, slip and falls, and medical procedures. His perspective on his legal career and advocacy in personal injury cases is driven by a strong desire to help people and make a positive impact. He expanded his practice to include bankruptcy law and estate planning, recognizing the need to help clients navigate financial difficulties and protect their assets. His approach is shaped by his own experiences and mistakes, and he uses this knowledge to provide effective legal representation and support to his clients.   Kris and Carmen discuss the importance of work ethic in the service industry. Work ethic and the service industry go hand in hand, as seen in Carmen's upbringing in his parents' gas station. From a young age, Carmen learned the importance of providing exceptional service to customers. His father taught him to go above and beyond, checking customers' cars regardless of the weather. This dedication to service shaped Carmen's work ethic and laid the foundation for his successful legal career. Carmen's father also emphasized the significance of working with both the head and heart, which inspired Carmen to pursue law and make a difference in people's lives.   They also discuss personal injury cases in Florida, bankruptcy, financial planning for the elderly, flaw firm culture, and the topic of the “personal why”.   Join Kris Flammang and Carmen Dellutri on this episode of The Confident Retirement podcast as they delve deeper into the importance of exceptional service.   Here is what to expect on this week's show: •  The importance of a strong work ethic and commitment to service •  Advocacy in personal injury cases •  Expertise in multiple legal areas •  The importance of continuous learning and improvement •  Mentorship and knowledge sharing   Connect with Carmen Dellutri: https://www.dellutrilawgroup.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode, Lauren R. Talkington, an estate planning and probate litigation attorney, along with co-host Faith Liveoak, a tax and estate planning attorney, discuss the advanced estate planning techniques of Nevada Incomplete Gift Non-Grantor Trusts (NINGs) and Delaware Incomplete Gift Non-Grantor Trusts (DINGs) and the newly enacted California law that attacks them.

Hi friend!   Today we will continue our discussion from last week: What couples need to know about Wills and Estate Planning.   Our special guest, Amy Murphy, will enlighten us and tell us more about Wills and Estate Planning as we conclude this series.   What is Grant of Probate? When is the best time to make a will? Can I use an online kit for my will and estate planning? These and more will be answered.   Alright, let's dive right into the conversation. Listen & get ready to take some notes:)     About Amy Murphy: Amy K. Murphy, B.A., L.L.B., Barrister & Solicitor, has over 30 years in the practice of law, and is the owner of Murphy Law in Peace River, Alberta, Canada, with expertise in real estate transactions, wills & estate administration, corporate and business law.   Website: https://murphy-law.net Phone: 780-624-2221   Fax: 780-624-2261  Email: info@murphy-law.ca   ............................................................................................................. For questions/inquiries/coaching: Email: coach@happymarriedfamily.com    The Happy Married Family Online Shop: https://happymarriedfamily.etsy.com/    

A letter of instruction will likely fail for your bitcoin inheritance plan and should have only a marginal role in your plan, if any. Search for “bitcoin inheritance” and you will probably find lots of people advising you to write a letter of instruction for your heirs. We talked about this and even provided a sample letter of instruction. Now, having spent a bit more time delving into different approaches to bitcoin inheritance, we're de-emphasizing a letter of instruction. Note: this applies to self-custodied bitcoin, not held through a third-party. Educate your heirs A letter of instruction is a subcategory the general approach: I'll just educate my heirs! Some folks set up a fairly complicated bitcoin inheritance plan, but assure themselves, “I'll make sure to educate my (spouse, son, etc.) on self-custody.” Like any other educational endeavor, you must have an eager and willing student, or it just won't stick. You can educate them on self-custody as hard as you want, but unless your heir is self-motivated to learn, it probably won't work well. They may appear to understand in the short term to appease you, but that “knowledge” will leak out of their heads almost immediately. Think back to when you started your Bitcoin journey: if you weren't that interested and someone started discussing self-custody and hardware wallets, your eyes probably glazed over. You could blame the lack of self-motivation to learn on the ever-evolving status of bitcoin, but this is not the case. We see it all the time with other legacy assets like art, collectibles, and especially small businesses. Take, for example, a father who spent his life building his profitable small family business to pass on to his children. Sometimes the heirs aren't interested in running the family store after dad passes. No matter how much that father tries to teach them how to run the business, they just don't care enough to learn. You don't want to rely on your heirs' knowledge of Bitcoin to make sure it passes properly, because self-custodied bitcoin that doesn't have a transfer of custody upon your death is basically lost bitcoin. Letters don't work with even legacy assets Even if you are the Shakespeare of letters of instruction, you still won't be able to write a perfect letter to make your heirs understand how to successfully gain custody of your bitcoin. We've seen it with even legacy assets: letters of instructions don't really help. Why not? Your situation and your assets change over time, and people overestimate their ability to keep these letters up to date. It's a lot to remember and to actually update your letter every few months. On the flip side, most heirs (and most humans) are terrible at reading, comprehending, and following instructions. Some people struggle with IKEA furniture instructions... Just imagine how hard it will be to understand a letter of instruction especially after the death of a family member or friend. On top of that, your letter probably won't be one page long; it will be several pages of difficult things for an amateur to comprehend. It's not because your heirs are dumb; it's the emotional circumstances. We see heirs struggle with even basic assets that they are super familiar with (bank, brokerage accounts, etc.). Self-custody bitcoin would be a HUGE hurdle for a non-bitcoiner to deal with, especially relying only on your letter of instruction. Bitcoin inheritance treasure hunt A letter of instruction is too often a “treasure map” to various seed phrase shards or wallet locations. Turning it into a treasure hunt is a terrible idea. It's an even more complicated and worse version of a letter of instruction. We've seen treasure maps and letters of instruction fail for simple things like the keys to a storage locker or the location of important original documents. What happens if things get moved around or your letter isn't up to date? It's a dead end more times than not. For these reasons, we highly discourage relying on a treasure map for any part of your bitcoin inheritance plan. Of course, you can still have a letter of instruction, but it should not be a featured piece of your estate plan. At a later date, we'll discuss what should be the features of your bitcoin inheritance plan. In the meantime, check out my book, “How Probate Works,” available on Amazon. It will help you understand the steps of probate before you further complicate it with Bitcoin. Request your free consultation  

After my father died, and having to settle his estate, it has me considering some options in terms of end of life planning. Have a money question? Email us hereSubscribe to Jill on Money LIVEYouTube: @jillonmoneyInstagram: @jillonmoneyTwitter: @jillonmoneySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Historically speaking, September is the weakest month for investing returns. Does that mean you need to change your portfolio strategy? (3:45) Plus, an analysis of the current state of the housing market and your comprehensive guide to Medicare enrollment to help ensure you make the right choices for your healthcare needs. (12:50) Presented by Creative Planning, each week Host and Managing Director John Hagensen cuts through the headlines and loud takes to challenge the advice you may have been given and reaffirm what you know to be true. Plus, don't miss his weekly interviews with Creative Planning specialists as they cover investing, taxes, estate planning and many other areas that impact your financial life! Important Legal Disclosure: creativeplanning.com/important-disclosure-information/ Have questions or topic suggestions? Email us @ podcasts@creativeplanning.com

The Lawyer Stories Podcast Episode 153 features Laura Cowan, Esq., CPA, Estate Planning Attorney and Creator of 2-Hour Lifestyle Lawyer™. We discuss Laura's New York City practice and why she decided to launch the 2-Hour Lifestyle Lawyer.  Laura is a NYC estate planning attorney and shares with us how she teaches lawyers to launch and market a virtual, part-time estate planning practice.  With 2- Hour Lifestyle Lawyer™, you can have it all – a practice that lets you help others while earning consistent revenue and still have time for the things that matter most. Laura tells us that to apply for coaching you can visit her website at www.2hourlifestylelawyer.com.

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