Podcasts about family wealth

In this interview, Kevin Whelan and Manish Kataria delve into the intricacies of SSAS pension, exploring how it can serve as a powerful financial tool for business owners. They discuss the importance of taking action in financial planning, the benefits of collaboration in wealth building, and the implications of inheritance tax on financial strategies. The conversation emphasises the need for financial education and the potential of SSAS pensions to create wealth now, rather than just serving as a retirement fund. In this episode, Kevin speaks about the importance of recurring income, effective financial planning, and the significance of protecting wealth through wills and insurance.  Key Takeaways:Momentum is Better than Meditation: Don't wait for the perfect time—take small actions now to build confidence and results.Nobody Will Ever Care About Your Money More Than You: Taking personal responsibility is at the heart of successful wealth-building.SSAS Pensions Offer Unique Control and Flexibility: Ideal for business owners looking to invest in property, business, or even lend to their own company.Keep It Simple: Simplicity in your finances and investment strategy often leads to better results than chasing complexity.Plan for Both Wealth Creation and Protection: Wills, powers of attorney, and insurance are essential tools for safeguarding your family's future.Focus on Recurring Income: Building assets that pay you every month is the key to long-term financial independence. Resources Mentioned In This Episode:Manish Kataria (LinkedIn)Government Pension Tracing Service (for lost pensions)Connect with WealthBuildersListen 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.

Jack talks with Jeff Sheppard about the ongoing clean up efforts in London and about the latest news from Family Wealth group. See omnystudio.com/listener for privacy information.

In this insightful episode of Family Office Intel, host Edward Marshall sits down with Henry Brandts-Giesen, Global Co-Chair of Dentons Family Office & High Net Worth Group, to explore the dramatic transformation of family wealth management over the past 25 years.Henry shares his unique journey from traditional trust attorney to pioneering family office consultant, revealing how the industry has evolved from informal Excel spreadsheets to sophisticated, professionalized operations.Key topics covered:Three major trends reshaping family offices: wealth concentration, professionalization, and succession planningWhy "simplicity" is the secret weapon for multi-generational wealth preservationThe critical shift from managing just financial capital to protecting human capitalHow technology is democratizing family office operationsCross-border strategies and residency planning in an uncertain worldThe growing talent challenge for global family offices—and a look at how outsourcing can helpWhether you're a family office executive, wealth advisor, or business owner considering establishing a family office, Henry's practical insights on governance, risk management, and succession planning offer valuable guidance for navigating today's complex wealth landscape.Henry's refreshing approach—focusing on "software over hardware"—challenges conventional legal thinking and provides a roadmap for families seeking to professionalize their wealth management while maintaining flexibility for future generations.

In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Dr. Cedric Howard, author of Freedom: Step-by-Step Guide to Wealth and Financial Independence and a transformative voice in higher education. Dr. Howard shares his powerful journey from growing up on welfare to becoming a builder of generational wealth. He discusses how financial literacy, education, and mentorship became the foundation of his purpose and the guiding principles behind his family's approach to wealth building. With a deep focus on the importance of purpose, planning, and legacy, Dr. Howard emphasizes the power of early financial conversations, the strength found in sacrifice, and the critical need for financial empowerment in underserved communities.Key Highlights:- Dr. Howard's signature bow tie is more than fashion—it represents respect, tradition, and his family's legacy.- Education was the catalyst for breaking generational cycles of poverty and creating wealth.- His family's wealth-building strategy is anchored in the “Three Ps”: Purpose, Plan, and Promise.- Financial literacy is especially vital for historically underserved communities and should begin at home.- True growth often requires sacrifice and a willingness to confront internal beliefs about money.Dr. Cedric Howard's story is a testament to the transformative power of education, purpose, and intentional planning. His mission to uplift families and communities through financial literacy and legacy-building offers practical wisdom and hope to anyone seeking financial freedom. This episode of the Know Your Why Podcast is a must-listen for those ready to challenge the status quo and rewrite their family's financial future.Get in touch with Cedric:Website: https://cedricbhoward.com/IG: https://www.instagram.com/cbhoward506/FB: https://www.facebook.com/cedric.howard1/LI: https://www.linkedin.com/in/dr-cedric-b-howard/YouTube: https://www.youtube.com/@bowtiechroniclesIf you want to know more about Dr. Jason Balara and the Know your Why Podcast:⁠⁠https://linktr.ee/jasonbalara⁠⁠  Audio Track:Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.⁠⁠ https://creativecommons.org/licenses/⁠⁠Artist:⁠⁠ http://audionautix.com/

Guest: Ruschelle Khanna - Family business consultant, psychotherapist, and author of "Inherited Trauma and Family Wealth"Key Timestamps & Ideas3:00-5:30 - Growing Up in Coal Country Despite feeling abundant as a child, underlying financial anxiety from this environment shaped her early money scripts and relationship with wealth.5:30-8:00 - The Origins of Inherited Trauma WorkThree catalysts led to her book: inheriting a traumatic memory from her mother, experiencing Lyme disease, and 20 years of NYC client work. 8:00-12:00 - The Prison MetaphorBoth poverty and wealth can create psychological prisons. 12:00-15:30 - Practical Healing StrategiesFamily governance serves as therapeutic tool, along with genealogy research and getting families talking. 15:30-20:00 - Transparency vs. SecrecyShe advocates transparency about family wealth with next generation, explaining how secrecy robs children of pride in family legacy. 20:00-25:00 - Multi-Generational DynamicsLonger lifespans create more generations alive simultaneously. Value differences between generations are natural. Documenting family legacy helps members understand the "unique collection of coincidences" that created family wealth.25:00-30:00 - The Five Liabilities of Family TeamsFamilies fall into cycles of chaos, conflict avoidance, people pleasing, procrastination, and abandonment. Conflict in wealthy families isn't "about the money" but about belonging and unspoken pain, with underlying trauma as the root cause.30:00-35:00 - Money as Intimate EnergyMoney sits at our "root chakra" with sexuality and intimacy. The pudendal nerve means "the place to be ashamed of" in Latin, explaining why people discuss trauma but avoid talking about money in therapy.35:00-40:00 - Success vs. Failure in Wealth TransitionSuccess requires strong relational, financial, and operational systems. Even "abandonment" can resolve energetically over generations, though blended families face increased emotional complexity and trust issues.40:00-45:00 - Self-Worth and Sibling DisparitiesThe pillar metaphor describes never feeling "less than" by cultivating both inherent worth ("you're lovable because you exist") and earned worth. Wealth disparities between siblings can destroy family relationships.45:00-50:00 - Addressing Compulsive BehaviorsCompulsive spending functions as addiction: "what is the pain you're running from?" Imposter syndrome and Dunning-Kruger effect represent two sides of worth issues, while "inversion of trust" means feeling safer with strangers than family.50:00-55:00 - Individual Change Creates Systemic HealingWorking on inherited trauma individually heals entire family systems. Using the "fascia" metaphor, removing one knot improves the whole system. Success means creating lasting change while learning personally.Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.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. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

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 hereWhat if fixing your aging parent's high-fee investment portfolio triggered a $200,000 tax bill here in Canada?Many Canadians discover too late that cleaning up a poorly managed investment portfolio—especially one built over decades—can have huge unintended tax consequences. If you're trying to help aging parents with their wealth, or maybe nurse your portfolio back to life, you may be torn between doing what's “right” financially and avoiding costly tax mistakes. This episode unpacks a Canadian listener's real-life situation and the tough lessons it reveals for anyone navigating inherited or family wealth.You'll learn:Why “ripping the band-aid off” isn't always the smartest tax move—and what to consider before doing it.How phased selling and understanding tax brackets here in Canada can dramatically reduce capital gains liabilities.The key questions to ask before switching to low-fee ETFs or other “better” investments to ensure it's actually worth itPress play to learn how to protect more of your family's wealth by making smarter, more tax-efficient investment moves.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 parental investments and planning for your own future requires a deep understanding of smart investment strategies and tax efficiency. Whether you're shifting from high-fee mutual funds to low-cost ETFs, or managing the impact of capital gains, effective financial planning is key to optimizing both short-term returns and long-term security. In the context of wealth management for families and business owners, tools like phased selling, personal financial buckets, and the investment bucket strategy can enhance investmReady 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.

In this episode, Director, Russell Family Foundation and good friend of PWN, Zac Russell, joins host PWN Co-Founder, Richard Milroy to delve into his own experience with wealth. From navigating inherited privilege to embracing inner work and supporting systems change, Zac shares his journey of redefining success beyond money. We explore the emotional weight of wealth, the role of community and how authenticity as well as responsibility can coexist.

Send us a textIn this episode, we dive into a dynamic panel discussion focused on strategies and communication approaches that are shaping family offices today.  This conversation brings together industry experts from both single and multifamily offices, who share their insights on how family offices are adapting to the current environment. The discussion touches on everything from family office structure—whether single-family, multifamily, or virtual offices—to the importance of governance, succession planning, and family dynamics. Panelists explore innovative ways to balance investments in real estate, technology, and fintech, while emphasizing the importance of cultivating a sustainable family culture for the long term. Tune in for valuable takeaways on building effective family office strategies in today's fast-paced financial landscape.

Savings and investing startup Acorns has acquired EarlyBird, an investment gifting platform for families, the company told TechCrunch exclusively. The financial terms of the deal were not disclosed. As part of the acquisition, EarlyBird will shut down, and all customer accounts will officially close on June 23. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode of The Family Biz Show, host Michael Palumbos welcomes Brent Robertson, founder of Be Generative, to discuss transformative leadership and the power of generative listening. Brent shares how shifting from controlling leadership to generative listening can radically improve communication, foster innovation, and create a future-ready organization. This conversation is especially relevant for family business leaders aiming to empower the next generation and ensure a lasting legacy. The Power of Generative Listening: Generative listening goes beyond active listening by creating a space for innovation and new ideas. Brent describes it as a leadership skill that goes deeper than merely hearing words.  Timestamps: 00:00: Introduction and welcoming Brent Robertson 00:51: Changing your mindset to change your future 09:19: The power of generative listening in leadership 19:47: Breaking the habit of repeating old patterns 24:16: Moving from linear to transformative change 38:54: Rethinking succession as a growth strategy 41:13: Moving from control to mentorship 44:42: Building a future-ready organization Takeaways: Transform leadership through generative listening. Shift from reactive succession planning to intentional growth strategies. Foster a culture of open communication to drive innovation. Let go of control and become a mentor for the next generation. Embrace visionary thinking to stay ahead of the curve.

“We're talking about giving space to practice. Not only practice the relationships but also practice managing money.” -Sean Maher   Most people plan their estate down to the last dollar, but forget to prepare for the emotional fallout that almost always comes from a lack of proper communication between family members.   Our hosts, Stephanie McCullough and Kevin Gaines, sit down with husband and wife team Sean and Jill Maher to talk about their book The Greatest Gift: 9 Principles for the Transfer of Your Legacy Along with Your Wealth, which journeys into the emotional side of passing down wealth and family legacy.   The idea for the book came after Sean, a financial advisor, saw a well-planned inheritance fall apart when a family started fighting after their parents passed. He brought the issue home to Jill, a mental health counselor, who pointed out that what he was really seeing wasn't a planning problem—it was grief. Together, they've come up with nine key principles that help families avoid drama and stay connected regarding inheritance.   The big takeaway? It's not just about the money. No matter how much (or little) you're passing on, what matters most is communication, shared values, and emotional safety.   Jill and Sean suggest families start having small, low-pressure meetings early, while everyone's still around to talk things through. It's about creating space for honest conversations, building trust, and setting expectations. Their advice blends practical planning with emotional wisdom, encouraging people to treat legacy as a relationship, not just a transaction.   At the heart of it all, their message is simple: don't avoid the tough conversations—have them, and carry them out with love.   Key Topics: Why Sean and Jill Wrote The Greatest Gift (00:49) “You're Passing on Not Just Money, But Also Legacy” (04:33) How to Set Up and Facilitate the Inheritance Conversation with a Family (10:22) Setting Expectations Upfront to Nip Objections in the Bud (21:07) Why Sharing Your Story is So Critical (28:52) Nurturing Independence (35:53) Creating a Safe Environment for Your Children (45:49)   Resources: The Greatest Gift Book USE COUPON CODE: takebackretirement for $5 off and free shipping!   If you like what you've been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. stephanie@sofiafinancial.com   You can find the transcript and more information about this episode at www.takebackretirement.com.   Follow Stephanie on Twitter, Facebook, YouTube and LinkedIn.  Follow Kevin on Twitter, Facebook, YouTube and LinkedIn.

On this episode of The Founder's Sandbox, Brenda speaks with Alexa Steinberg – a corporate and transactional attorney for middle-market companies and entrepreneurs. Acting as outside general counsel, Alexa represents privately held companies in a wide range of general corporate and transactional matters, including entity formation, structuring, and commercial transactions. With a focus on mergers and acquisitions, she offers clients guidance on structuring deals and ensuring compliance with relevant laws and regulations. Brenda and Alexa discuss her journey from working at a small, all-female law firm to joining a full-service firm to better support her clients. Alexa shares how her parents—both deeply involved in business and community service—shaped her values around financial literacy, record-keeping, and the importance of building generational wealth. They speak about family-owned businesses and best practices in family governance, such as setting clear roles, regular meetings, and involving independent board members. Alexa also emphasizes the importance of building trust with clients and maintaining a purpose-driven, relational legal practice. Brenda and Alexa explore what "purpose-driven," "resilience," and "scalable" mean within the context of business and legal practice. You can find out more about Alexa at: https://www.greenbergglusker.com/alexa-steinberg/         episode transcript: 00:04 Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke 00:32 corporate governance knowledge. This comes in the form of blogs, personal book recommendations, and early access to the founder's sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. 01:01 As a thank you to Founders Sandbox listeners, you can use code SANDBOX25 at checkout to enjoy 25 % off your membership costs. Thank you. 01:18 Welcome back to the Founders Sandbox. I am Brenda McCabe, your host of this monthly podcast where I have guests that are either founders, professional service providers, corporate  board directors  that actually share a mission with me, which is bringing change to the world through great corporate governance, but building resilient, scalable and purpose-driven companies.  On a monthly basis,  my guests are going to tell their origin stories and kind of how I've met them. 01:48 through the work they do.  And I've recreated a fun sandbox environment in which we do storytelling. And ultimately we will touch upon resilience, purpose-driven  and  scalable or sustainable growth in the  businesses that they are  working in or owners of.  02:17 l I'm absolutely delighted to have as my guest today, Alexa Steinberg, Alexa is counsel  at Greenberg, Glasgow.  And before that, she was actually practicing in a smaller law firm and where her story today is going to kind of have some some 02:47 lessons learned on  why she chose to leave the firm and move into Greenberg, the Greenberg Lasker. But more importantly, you and I go back a couple years. are part of an informal group of women. We call ourselves Women and Wealth.  We meet periodically to really refer business to each other for those women business owners that 03:16 are seeking perhaps an exit in the next three to five years.  And through our skillset, some of us are CPAs, strategy advisors, yourself as counsel. A lot of these businesses are family owned. And so you and I and another, know, seven other ladies  get to meet each other over lunch and discuss these opportunities. And we're all very passionate about helping women business owners. Aren't we, 03:44 We are Brenda, thank you so much for having me on the Founder's Sandbox.  I am an avid listener, so I'm very excited that I get to be a guest. Thank you, thank you.  you know,  we've had many, conversations, obviously,  but I wanted for my listeners  to really dive into  what you do today, right? Which is really  purpose. 04:12 driven and it's preserving family wealth, right?  And I know that you actually come from a background where your father owned his business. So tell us  a bit, us down memory lane and that first story that you told me.  Well, you know, growing up, I watched both of my parents. My mother was a career woman.  My father, a financial planner. 04:38 running his  own book.  My mother,  a buyer and then in fashion and then into real estate.  I watched they were both very involved in the community. My mother sat on  the Studio City Council,  the Neighborhood Council. She was on many boards involved with the temple. My father as well  sat on many boards involved with the 05:07 Boys and Girls Club,  and  involved with the Jewish Federation. So I watched as my parents  really instilled the importance of being involved in  community, being involved in family, being involved  in the greater good and in purposeful and meaningful  organizations.  And I... 05:35 sort of learned a lot about that watching them both in their respective arenas being involved. And you know, they've, they've truly inspired me,  not only in my career path, but in  how I treat my clients  in the arenas that I've become involved in.  There's a specific story that I think I've shared with you, Brenda, about my father and how he sort of taught me 06:05 the value of wealth, the value of money, because as his career, that was what he did. He focused mainly on planning for retirement and financially setting yourself up and your family up to have generational wealth and what that looked like and how you could prepare for it when you were 10, 15, 20, 25 years old, preparing for family, preparing for children. 06:35 So when I turned 16, my father went into our QuickBooks. We had a family QuickBooks.  Oh, wow. That was before it was actually.  It was probably  a hard disk, right? Not even on the internet. Oh, yeah. It was like a hard disk. had a full set up, massive computers, the whole thing,  in our family office.  And he went into his QuickBooks. And he took. 07:03 what he spent on me in a year.  And he divided it by 12. And this  included insurance. Mind you, I just turned 16. So my car insurance, my car lease,  medical, entertainment,  my tennis lessons, all of these things that  were spent on me, what it cost  for me to function.  Children are expensive, you know. 07:32 I was very expensive because I will tell you that check was large  that he cut me every month.  And he laid out, these are the things that are monthly expenses for you that you need to pay with this money. And the rest you can use on entertainment,  gifts,  shopping, which I loved.  But I had to learn to balance my checkbook and balance 08:01 this amount of money, because I wasn't able to get any more until the next month.  And  that really taught me how that  money  was never something that was readily expendable to me. even if I went to Starbucks and I bought a drink with my father's credit card, he'd ask me for the receipt. He'd want to know where the receipt was, always. 08:28 I was very meticulous in his record keeping which I am now very much meticulous in my record keeping  and  I enforce with my clients and  make sure that record keeping is so important in your business as well.  You know and so when I when I graduated high school my father said to me okay the checks are done.  And you need to go get a job in college. 08:56 And what I will do is I will subsidize the paycheck that you bring home. So if you bring home $600, I will pay you 50 cents on the dollar for what you bring home, but only up to $300. So I could get a max of $300 every paycheck that he would subsidize. And then that was  how  I had money to live and to function. my parents,  I was lucky enough that my parents would pay for my college. 09:24 in my housing, in my dorms,  but  it was still really teaching me the value  of money.  And my father required that a certain portion of those funds get put away in savings and invested. And he would tell me how to do that.  And he would guide me.  because my father was a financial planner,  he would call me like a client and say, listen, 09:53 You're 70 % stocks, 30 % cash. I think you need to swap it. Let's talk about what that means. And of course, I'm like, you're my dad. Just do it. Why are we having this conversation? But it was so valuable because he wanted me to understand what he was doing and why he was doing it and how it really functioned. that I've also taken into how I guide and advise my clients. 10:22 I don't just do for them. understand, I want them to understand  how we're doing it, why we're doing it, what the alternatives  are and what it means if we do it this way or that way.  You know, a lot of my discussions with my clients are about strategy and about structure and  so they can make an informed decision.  You know, I think that that's extremely important, especially in a family business.  Working with your family is tough. So, 10:52 The way that you can make it that much easier is communication and understanding and knowledge. And I try to arm my clients with that. And that's something that my father really taught me.  my mother as well,  because my father managed our money and my mother  would bring it home and hand my father a check and be like, here, I don't know what you do with it, but do something with it. 11:21 She also  would, he would say, hold on a second. Like, I know you just sold a house and here's your commission check, but let me show you what we do with this and how we create generational wealth and how we invest it and what the best benefit for these funds are and how to use debt to our advantage.  Um, you know, and that's all of these things were such a value add that  I 11:51 I obtained understanding about and that I've now turned this value add to my clients  and how they run their business.  I'm not a financial advisor, I'm not a tax attorney. These are just really sort of  general  understandings and general guidance points for my clients to go out and  have knowledgeable conversations with the appropriate 12:21 guidance, appropriate people,  and the appropriate service providers that are going to help them accomplish those things. really,  this is very loaded, but I really like  the methods your father used. very, well, first of all, intentional  and bespoke. And that's really, and he did communicate to your mother, right? To instill also in her an understanding 12:52 of although she's bringing the check home because many, many women business owners today oftentimes do not own a majority of their companies. Right. And that is a shocking  statistic that I run into time and time again that women actually don't know how much  equity they have in their own business. Right. So just the informing and,  and you've translated that bespoke, you know, communicating 13:22 helping your clients understand,  pardon me, and  providing options as well as access to other professional service providers as  your own bespoke  offering to your clients. But it wasn't always like, yeah, go. That's sort of the benefit of the group that you and I met in and all of the networking opportunities that I've been involved in.  Of course,  networking is about building 13:51 um, your brand and your book and,  um, but a majority of it and the real value there  is  meeting and learning and understanding, um, and really coming to know people that can help your clients  where you can't,  um, and having  trustworthy referral sources to do that, because I'm not just going to tell my client, Oh, 14:18 this individual can help you with wealth management, call them without knowing how this person functions, without knowing  how they run their clientele,  how they do business. Those are really important things and to have trustworthy referral sources  is really important. And that's sort of what our group is  all about. That's right.  And it wasn't always like this. 14:46 Right, you graduated from law school  and started with a small, it was a, I think  a female-led law firm.  all female attorneys. Yeah, so what was your, this is right out of college, what were you doing  and what then informed your decision at a very tender age to leave?  So  right out of law school, 15:17 had worked my way through law school. I worked in family law for about five or six years. during the day, I was at a law firm. And in the evening, I took classes from 5 to 10 PM, four days a week for four years. took me four years to get through law school. And when I graduated, unfortunately, I wasn't afforded 15:47 All of the opportunities in law school  that most law students take advantage of, externships,  fellowships, things like that, because I was working my way through. I  had already been financially independent and I  wanted to stay that way. So I didn't want to quit my job  to go to school. I  wanted to be able to do it all. 16:15 So as a result, I really didn't have  the summer clerkships  that turn into job offers.  And I was a little lost because I had taken the bar exam and I was like, OK,  I'm not an attorney yet. But in three months, if I pass the bar exam, I could be.  Am I applying for law clerk positions? Am I applying for associate positions? Like, know, I was so lost.  And I went on Craigslist.  Oh my goodness. 16:44 And I found law firms that were hiring because I figured those people, you know, they're they're looking to hire somebody now, which is what I'm looking for. and hopefully those people, you know, will transition me into an associate role. If I pass the bar exam in a few months. And that was that was like my first sort of in. And I joined a very boutique law firm in West Hollywood. It was 17:13 By the time I left, we were three female attorneys. were  all female  for my entire tenure there. I was there for six and a half years.  And it was  in  late 2019,  early 2020 that I really decided I wanted more for my career and for my book of business. And I wanted to be able to  provide my clients  with a well-rounded 17:43 advice and guidance. I can't do it all, nor should I. I'm pretty sure my malpractice of insurance wouldn't like that. Not at all. But more and more, had clients that were asking me to help with litigation matters or employment matters. And those are arenas that I know just enough about to be dangerous. But I'm not going to run a full litigation. 18:13 I can't willfully and knowledgeably advise on employment matters.  You know, especially to  do justice by my client, do well by them.  I'd like to be able to  have somebody for them that they can speak to and trust and get the advice and counsel that they need.  And that really stemmed  my yearning to  branch out. 18:42 and go to a firm where I had all of those resources at my fingertips. I wanted more for my career, but my biggest drive was I wanted more for my clients.  I wanted really to be able to provide them with well-rounded, multidisciplinary  counsel.  And so I sought out  full-service law firms. 19:11 I found my home at Greenberg Gloucester, which  is a fantastic place to be.  I'm very happy there and everybody is so fantastic and  everybody is so good at what they do.  We've got employment and tax and  IP and litigation,  environmental, entertainment,  you name it.  And it's been such a benefit not only to my career, 19:41 to my clients, but I've learned  so much.  And is it true?  How would you characterize the typical clients without revealing, you know, confidential matters? Is it  also a firm that's  very oriented towards family owned businesses? Would you say that? Yeah, I would. You know, I'm  a counsel in the corporate and tax department. 20:08 And you we don't have a ton of institutional clients.  A lot of our clients are family owned businesses, mostly held entities,  you know, which I love on a daily basis. I am working with  two sisters that own a business together or a multi-generational company where, you know, senior is working with G2 and  G3  or 20:37 were actually this morning I was working on  assigning interests and reorganizing and restructuring a bunch of entities that own a bunch of real estate for clients.  And that's also  the kind of benefit that I get that I get to be pulled into  real estate matters with my corporate expertise to help a family office restructure their ownership. 21:04 You know, and I  love that stuff. We're extremely,  the way that Greenberg  provides advice and counsel  is on a very personal level. The way that  the firm  and myself, especially, we're a lifestyle firm.  You know, we understand that attorneys are people outside of 21:33 the walls of the office and that we all have lives.  And we, you know, I translate that to my clients. My clients have lives. My clients have other things going on than their business.  And especially when you deal with family offices and family businesses, there's a whole different dynamic  of  family interaction. Yes. You know, and, and I have now experienced that  not only with my clients  and sometimes I become 22:03 therapist in that regard, although I'm a very expensive therapist. I'm sure there people that are less per hour.  But  I'm experiencing it firsthand because my husband  has his own business with his brother  and I have  become  advice and counsel for them  as well. And so I'm  seeing it sort of from a different angle too, but I think that my clients truly appreciate 22:32 that when I talk to them, I talk to them as a person. It's not just as a business owner. It's not just as  I'm guiding you with this  legal advice.  It has to make sense.  And it has to  be actually applicable.  And sometimes what my advice and guidance would be  in sort of this like legal  box  is not the best. 23:00 for my client and how their business is operating.  And you've got to be  sort of fluid with that. And bespoke.  Yeah, so it's really beyond, it's not a transactional relationship. It is a trustworthy relationship based on the values of the family businesses that and their goals in preserving wealth  or continuing to generate family wealth. Yeah, absolutely. This is a great segue because you know, I also 23:29 passionate and have often guests that are sitting on corporate boards.  As counsel, have you observed any best practices and family governance structure? You talk about G1,  G2, G3, Have you observed any  best practices? We don't have to talk about bad practices, right? But any best practices that you would like to share here?  Yeah, you know,  I think that  I've observed that 23:59 Some of the most effective family governance structures prioritize clear communication,  well-defined roles,  professionalized decision-making.  I use this in a very loose  sense of the word, but you could establish a family constitution. Creating a board of advisors is always really important. 24:28 having independent members  in your board of advisors  is so incredibly valuable to have a knowledgeable, independent  person that can help through disputes. business disputes are one thing, but when you include a family dynamic in these disputes,  emotions can get high and heated. And so having  an independent third board 24:57 Third party board is extremely valuable. Somebody that can guide you, something that your family trusts. Those are some big things that I've seen as best practices. And I think that lastly, holding dedicated, regular meetings. 25:23 You'll talk about business, you know, at the dinner table or, you know, out and about you're at a kid, one of your niece's birthday parties and everyone's there and you're like, Hey, did you see that email from XYZ? We got to figure out how to handle that.  But  those are not the time and place and you're not going to have a productive conversation. And so you need to set aside and create boundaries between your family life and your business life  and set aside regular times. 25:53 weekly, bi-weekly, to have an hour conversation about what's going on, any disputes that need to be discussed, any decisions that need to be made.  And that's your time to solely be in your business mode.  Because having these conversation piece meals,  dinner on a Saturday night,  or  a family's birthday party, or  a holiday party, 26:22 It's not effective  for your business. And one of the biggest,  best practices  and the most, one of the most important goals  is to preserve your family relationships. Beautiful. You heard it here on the founder's sandbox to preserve family.  Absolutely.  Cause if you don't have family, do you have? That's right. 26:52 Family first. really important.  It's really important. And sometimes business can get in the middle of family relationships.  And it hurts to see that. It hurts to see  business  tear between  brothers,  tear between  father and son.  And I've seen those things in it.  There needs to be just a second to breathe. Yes. 27:21 and realize that there are bigger things than business  and that they need to be resolved, but they can only be resolved if you have a good relationship with your business partner slash your family.  They're your biggest support. 27:37 This has been immensely  actionable  in terms of  governance, the best practice you've seen in family offices. So thank you. Thank you for that. It's not often that I do have  a  lawyer  that works in this  arena.  Although family businesses just in the LA  ecosystem is 28:05 It's very predominant. very, very, you know, third, actually third and fourth generation now. So very relevant to your business and mine. Let's switch gears. You are, I believe, sitting on the board of directors or one of the committees of the Association of Corporate Growth. Yes. And tell us a bit what why what is the Association of Corporate Growth and what committees do you serve on? 28:35 And how do you further your business there? Thank you. The Association of Corporate Growth or ACG is a national organization  for professionals in the M &A sphere. So  you've got members that are  VCs, investment bankers,  M &A attorneys, wealth managers,  insurance specialists.  You sort of name it. Anybody that's 29:03 has some sort of involvement  in the purchase or sale of a business  or just surround sort of just general business governance that either prepare for an exit. You know,  those are the kind of people that are members of ACG.  And I got involved a few years ago.  And I think three years now, I've been sitting  on the Women's Committee,  which is a 29:31 Fantastic. We schedule and create women-focused programming within the confines of the ACG organization and really promote networking amongst women. More and more, I have had clients that have requested that they only work with women. 29:58 You know, and this sort of goes back to what I was talking about earlier about being able to provide  trustworthy referrals.  And I've met some incredible, incredible women in connection with ACJ. In fact, our group kind of came out of ACJ. This is how I met you, Brenda. And so  it's been a fantastic, fantastic  network to be a part of.  You know, I love planning the programming, our programming. 30:28 ranges everywhere from  talking about the state of the market  to  balancing family and career and what that looks like and  mental health. I think  I hate calling out a distinction that we are women in business  because I think a 30:57 A business person is a business person. I don't think it needs to be defined as such, but there is something to be said about the fact that  women have a different set of challenges in the workplace  than men do.  And a lot of those stem from  family life.  And that needs to be  balanced. And so there's a lot of programming  that the women's committee puts on that sort of 31:26 talks about that and  gears us in that direction  and gives us tools to be successful and to strive  in the face  of everything else that women just have to  deal with and take care of. That's for another episode here. Yes, very much so. Very much so, yes, as we all have balanced our careers and family priorities, right? 31:56 Let's switch gears. How do my  listeners contact you? How's the best way?  Well,  so I'm at again, I'm at Greenberg Gloucester. We're in Century City.  They can email me. It's  a Steinberg at gg firm.com.  And on our Greenberg Gloucester website, if you search people, I've got my whole bio and all of my contact information as well. Excellent. 32:25 Well, that will appear in the show notes. All right. So we're coming into the final  part of this podcast in which I actually  enjoy asking my guests  what the meaning is of certain terms that I actually practice with my clients. I'm working with purpose-driven companies, resilience. We work on resilience tactics  and  scalable business is sustainable. So I  always love the opportunity to hear 32:55 firsthand from my guess. What does purpose-driven mean to you, Purpose-driven means  a mission that goes beyond profit.  It taps into creating meaningful value for your customers,  for your employees,  for the community that  you operate in.  It's sort of about  building a company that 33:25 that stands for something.  And I'm very pleased to say that we have seen so many more companies  start out of a purpose-driven  goal.  There's a bunch of old companies and new companies. There's  a lot of companies that have this sort of one-for-one model. You buy one, we donate one. 33:52 There are socks companies, there are eyeglass companies, there are shoe companies, there are cleaning product companies  that sort of have  this  as their motto. And  then you see  additionally,  know, products and companies that are committed to the environment or sustainability and cleanup efforts. You know, that's really what  purpose-driven 34:21 means to me is that  these companies have a goal.  They want to accomplish something more than what they can show on their balance sheet. consumers of that product are helping them achieve that.  Excellent. Excellent. You've touched on even other aspects like  sustainable growth, right? Yeah. Right. What is resilience? You've been particularly resilient. 34:49 You having a father like your father,  building life skills early. would resilience,  what's the meaning to you? 35:00 Resilience is about  navigating challenges  with adaptability and with determination. It's about learning from your setbacks  instead of being defined by them, having them be a fire to your growth and having them  be the galvanization of your progress forward. 35:30 You know, and in business, it also can be about the ability to  pivot while staying aligned with your long-term goals, about the ability to,  you know, okay, there's a new regulatory,  new regulation that's gonna affect the way we operate. Okay, how are we gonna pivot to continue doing what we do,  but still can  stay in compliance?  You know,  that's really, 35:59 what it's all beyond your toes.  Excellent. And you're scalable. I'd like you to kind of share the meaning within the context of scaling the legal practice. What have you found to be  particularly  challenging or easy to do? Right. And scaling, right. Because it's a very bespoke practice. Is there any important, right? Scaling is absolutely important. Okay. 36:28 In my practice and in my business,  number one  goal  and  the biggest  galvanization point of scaling my practice  are my clients, my current clients. If you do a good job for them, they'll continue to come back. 36:59 and they'll continue to give you more business.  Creating a network. I watched my parents in their, both of their practices. All of our family friends  at this point have at one point or another been a client of my mother's or of my father's.  They've swapped clients,  referred to each other. And these individuals either started as friends and became clients. 37:29 or  became friends because they were clients.  And  that is the way that both of my parents have built their practice and their brands.  And that's how I want to do it too. It's a value add when,  attorneys are scary to begin with.  Nobody wants to talk to an attorney. It's expensive. Half the time you have no idea what they're talking about. It's language. 37:57 You know, but if you create this relationship of trust and of loyalty and friendship  and when you feel like your attorney  sees beyond just you as a dollar figure or you as a business,  it goes such a long way. And that's my main value add to my clients.  And in turn, they help me scale. 38:22 my business, clients continue to come back to me  and I'm able to continue to grow that because I can satisfy all of their needs with the network that I'm creating through places like ACG. You know, so that's, that's what I see is as scalable in my industry. It's extremely important.  And it goes to the heart of how I practice law and how, how I guide and advise my clients. Beautiful. 38:52 Thank you. heard it here on the Founder's Sandbox. Last question, Alexa.  Did you have fun in the sandbox today?  Oh, it was so fun.  Brenda, thank you so much for having me. This was fantastic. Thank you. So to my listeners, if you've enjoyed this monthly episode with Alexa Steinberg, counsel at Greenberg, Greenberg Gloucester, right? Greenberg Gloucester. Yep.  I encourage you to 39:22 sign up, subscribe either on Apple Podcasts or Spotify. I'm on all main podcasts streaming services where my guests talk about how they felt resilient, scalable and purpose driven  practices informed by their origin stories. You can find it here on the founder sandbox. Thank you and signing off for this month.  Thank you, Alexa.  Thank you. This was fantastic.  

In this episode, Francesco Lombardo and Dave Specht discuss the dynamics of family businesses, focusing on the importance of empathy, communication, and understanding between generations. They explore how the rising generation is often misunderstood and the need for them to find their own identity separate from family expectations. The conversation emphasizes the significance of relationships over financial capital and the necessity for open dialogue about wealth transfer and family dynamics. They also touch on the evolving landscape of financial advisory services and the importance of catering to the needs of the rising generation. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca  

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar We're back with part 2 of our series on the Rockefellers and in this episode, Darren and Christina are breaking down what the Rockefellers called their “Family Legacy Rings”. These 3 legacy rings are the family office, the family retreat, and the family constitution and they play a vital role in ensuring that the family understands the responsibilities they have when it comes to the family wealth. Tune in now! Show notes: 00:00 - Introduction 1:50 - Breaking down “Family Legacy Rings” - Number one: The family office 4:05 - Number two: The family retreat 8:20 - Number three: The family constitution 14:50 - The power of cash value life insurance 18:10 - Wrap up BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

Trent Leyda and Kay Campione offer a unique perspective on their time at Morgan Stanley, how it had come to diverge from their vision of building a family office they would entrust with their own families' wealth, and how they are better equipped to realize that vision as an independent firm.

Guest: David Werdiger, Director of Nathanson Pearson and bestselling author of "Transition: How to Prepare Your Family and Business for the Greatest Wealth Transfer in History"Key Discussion Points:[03:00] David discusses joining the family business - how being the youngest of five children with a significant age gap influenced his decision not to immediately join the family textile manufacturing business.[04:47] Origins of the family business - David's cousins came to Australia in the 1920s, while his father (a Holocaust survivor) arrived in the late 1940s/early 1950s. They built a textile manufacturing business that eventually transitioned to property investment.[08:14] Pattern recognition in wealthy immigrant families - David notices how immigrant entrepreneurs often transition from business to real estate investments, seeing property as a way to establish roots in their new country.[09:18] The great wealth transfer - David explains how the baby boomer generation created unprecedented wealth that is now being passed down, complicated by longer lifespans.[13:07] Will vs. Family Charter - The increasing importance of family governance as wealth transfers require more sophisticated planning with multiple generations alive simultaneously.[15:49] Power dynamics - David explores the critical role of power transfer between generations and the challenge of teaching responsible ownership.[19:05] Family governance - The transition from single decision-maker to multiple decision-makers and the governance structures needed to make this work.[24:02] Power and responsibility - How families must teach the next generation that "with great power comes great responsibility" when inheriting wealth.[26:36] Sibling dynamics - Why shared genetic material doesn't guarantee harmony, and how birth order and family circumstances affect each child's experience.[33:52] The four-generation reality - With increasing lifespans, families now face the challenge of having four generations alive at once, creating a "sandwich generation" caught between aging parents and capable adult children.[38:44] The business as identity - How founders view their businesses as children, creating emotional challenges when transitioning ownership.[49:54] Stories as the cultural bridge - The vital importance of family stories in transmitting values, especially when the original business is gone.[54:30] Living your own dream - The tension between individual aspirations and family legacy, and finding the balance between collective identity and personal fulfillment.[57:42] Definition of success - David defines success as getting up excited every day, having a healthy family who share each other's joys and sorrows, and helping other families achieve the same.Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.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. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Jeff Sheppard with Family Wealth group joins Jack to talk about the importance of RMDs or required minimum deposits. See omnystudio.com/listener for privacy information.

In this episode of the Moms in Real Estate podcast, we sit down with Christin Kingsbury, a powerhouse investor and soon-to-be author from Prescott, Arizona. Christin shares how she flipped the script on traditional wealth by choosing legacy over luxury—focusing on generational impact instead of flashy wins.From her early days learning about real estate through her dad's 1031 exchanges to building a portfolio with her husband, Christin gets real about what it takes to create a family-centered investment strategy. She breaks down her upcoming book, The Family Banking Blueprint, and gives us a peek into how she's setting up her kids (and future grandkids!) for success.Whether you're just getting started in real estate or looking to shift your mindset from short-term gain to long-term legacy, this episode is packed with heart, strategy, and vision.Show Notes: Christin shares how her family introduced her to real estate and 1031 exchangesThe mindset shift that helped her prioritize legacy over lifestyleWhy she and her husband chose long-term wealth building over quick winsA sneak peek at her upcoming book The Family Banking BlueprintTips for getting your family on board with investing for the futureFollow us on Instagram! Podcast: @‌momsinrealestateHost: @‌heykristencantrell @‌thehellocultureGuest: @christinkingsburygroup Check out our amazing sponsors: Your Tax Coach // Professional Tax Accountants. We're not just saving you money, we're changing lives! @‌yourtaxcoach‌ Reel Social Agent // Social Media Mentors for Real Estate Pros Helping Real Estate Pros turn their social media into their best calling card! @‌reelsocialagent Colibri Real Estate // The online real estate school committed to flexibility. Click HERE to check out their amazing courses! Strategy Ninjas // Helping service-based entrepreneurs scale without burnout. Learn more HERE

In this episode of The Single-Family Wealth Builder, we dive deep into the world of single-family home investing with expert Michael Hoang. Michael shares his journey to financial freedom through strategic single-family acquisitions, revealing how he built a strong portfolio and left his 9-to-5 job. Listen in as Michael provides actionable insights on [mention specific strategies he discusses, e.g., the BRRRR method, house hacking, finding off-market deals] and how you can apply them to build your own single-family wealth. Michael Hoang is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Michael Hoang? Reach out at .Want to become financially free through commercial real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book  Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.  ************************************************************************  GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESS  LEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book  PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at gabe@therealestateinvestingclub.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/  WATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow  ************************************************************************   ABOUT THE REAL ESTATE INVESTING CLUB SHOW   Hear from successful real estate investors across every asset class on how they got started investing in real estate and then grew from their first deal to a portfolio of cash-flowing properties. We interview real estate pros from every asset class and learn what strategies they used to create generational wealth for themselves and their families. The REI Club is an interview-based real estate show that will teach you the fastest ways to start and grow your real estate investing career in today's market - from multifamily, to self-storage, to mobile home parks, to mix-use industrial, you'll hear it all! Join us as we delve into our guests career peaks and valleys and the best advice, greatest stories, and favorite tips they learned along the way. Want to create wealth for yourself using the vehicle of real estate? Getting mentorship is the fastest way to success. Get an REI mentor and check out our REISend us a textWant to achieve financial freedom through commercial real estate? Apply for Gabe's pilot coaching program at www.therealestateinvestingclub.com/30daystosuccess Interested in becoming a passive investor in one of our projects? Kaizen Properties, is looking for passive investors for our upcoming deals. We invest in what are known as “recession resistant assets”: self storage, MH & RV parks, and industrial properties. If you are interested, go to the website and click on the “Invest with Us” button at the bottom of the page.Support the show

On this episode of the Jake and Gino podcast, we're joined by the legendary M.C. Laubscher – founder of Producers Wealth and host of the globally renowned Cashflow Ninja podcast. With over 1,000 episodes under his belt and financial strategies that have reached over seven million people, M.C. is redefining how entrepreneurs think about money, family, and long-term wealth.In this conversation, M.C. breaks down:- Why alternative assets like real estate and gold aren't really "alternative" at all - The five foundational pillars of a family office (yes, even if you're not a Rockefeller!) - How to think generationally about wealth with tools like family banks, legacy assets, and masterminds - Why most people are still making Wall Street-level mistakes in the private investment world - How to get started building your own family financial blueprint—even without millions in the bank If you're ready to ditch the noise, gain control of your capital, and build a legacy that lasts, this is a must-watch (or must-listen). Plus, we have some fun talking NFTs, meme coins, and how Jake still gets FOMO over Trump Coin.Get M.C.'s book Get Wealthy For Sure: https://getwealthyforsure.com—Chapters: 00:00 - Introduction  01:39 - M.C.'s Backstory  05:04 - What Went Wrong After 2008 and How People Repeated Mistakes  06:06 - What is "Alternative Investing" and Why It's Misbranded  09:35 - How the Market Changed After 2022: Interest Rates & Risk  12:58 - Demystifying the Family Office: Mindset Over Millions  28:49 - Meme Coins, NFTs, and Investing for 100 Years  32:00 - Teaching Kids Financial Literacy Through Play and Mentorship  36:01 - Where M.C. is Investing in 2025: Data Centers, Warehouses, Oil  42:22 - Multifamily Strategy in the Current Market Cycle  46:50 - Gino Wraps it Up  We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

Want to know how to future-proof your family farm for generations ahead? This is the podcast for you. Our guest this week is fellow podcaster Ben Law, aka “The Financial Bloke”. Ben is a former financial advisor who now works as a strategic coach, helping farming families grow, protect, and transition their wealth across generations.Ben shares his background in financial law, the reasons behind his career shift and the work he does now with farming families. He explains he common challenges faced by farming families in succession planning and his approach to guiding them through the difficulties. Tune in to hear about:How to avoid the common pitfalls that derail family succession plansWhy financial success isn't enough to keep the family business strongWhat proactive families are doing now to set up for smooth transitions laterHow to prepare both on-farm and off-farm kids for their future rolesWhy rethinking time, work ethic and communication matters more than you thinkThe power of mastermind groups to shift mindset and spark meaningful changeHead Shepherd is brought to you by neXtgen Agri International Limited. We help livestock farmers get the most out of the genetics they farm with. Get in touch with us if you would like to hear more about how we can help you do what you do best: info@nextgenagri.com.Thanks to our sponsors at MSD Animal Health and Allflex, and Heiniger Australia and New Zealand. Please consider them when making product choices, as they are instrumental in enabling us to bring you this podcast each week.Check out Heiniger's product range HERECheck out the MSD range HERECheck out Allflex products HERE

In this episode, Tom McCullough, co-founder, chairman and CEO of Northwood Family Office, joins Francesco to discuss the evolution of family offices, the challenges faced by wealthy families, and the importance of preparing both parents and children for wealth transition. He emphasizes the need for integrated advice and the emotional aspects of wealth management, providing insights into how families can navigate these complexities for better outcomes. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca    

In this episode David  has a conversation about the complexities of family, money, and legacy with Ruschelle Khanna author of Inherited Trauma and Family Wealth.   They discuss the impact of inherited trauma on how families handle wealth and the importance of having open conversations about money.   Learn how early experiences shape our money habits and the challenges posed by sudden wealth.   Whether you're navigating difficult family dynamics or planning for future generations,   Get advice on fostering healthier financial relationships and creating a lasting legacy.   Tune in to transform your approach to family wealth!   For David's book, other resources and more visit www.davidedey.com

n this episode of The Caring Economy, we sit down with R. Adam Smith—seasoned investor, family office advisor, and legacy strategist—to explore how wealth, legacy, and leadership are being redefined for a new generation.Adam brings decades of experience working with founders, families, and next-gen inheritors navigating the emotional and financial complexities of intergenerational wealth. From private equity to purpose-driven investment, he shares fresh insights on why the most successful family legacies aren't built on spreadsheets—they're built on storytelling, empathy, and trust.We explore:How family offices are evolving into “family galaxies”Why emotional intelligence is becoming the most valuable asset in financeWhat rising generations are asking of their wealth—and their advisorsWhether you're advising wealth, building a legacy, or simply curious about what it means to lead with care, this conversation is a must-listen.

Join Kosta and his guest: Matt Brown, Certified Financial Planner, Branch Manager and Generational Wealth Planner at 304 Family Wealth of Raymond James. In this episode: Money is the last taboo topic. We'd rather talk about almost anything than how much money we make or have. That's helped create a society of people who don't really understand how money works - or how it could work for them. What do you wish you could tell everyone about their own wealth and financial success? Thinking about the future is intimidating. As someone that works in long-term care, I know firsthand how much we'll do to not think about the future. But when it comes to retirement, and building wealth especially for Gen-X, Millennials and Gen-Z, what do we need to be doing now? We live in economically uncertain times. Whether it's tariffs, inflation, interest rates or egg prices, every day brings new excitement. How is this changing the way you're advising clients and what should we prepare for next?Legal Disclosures from Raymond James: Any opinions are those of Matthew Brown and not necessarily those of Raymond James. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.Better Together with Kosta Yepifantsev is a product of Morgan Franklin Media and recorded in Cookeville, TN.This episode of Better Together with Kosta Yepifantsev is made possible by our partners at Volunteer State Community College.Find out more about Volunteer State Community College:https://www.volstate.edu/campuses/cookeville

What is an annuity? Is it a good tool for my goals? Certified Elder Law Attorney Barbara McGinnis joins Certified Financial Planner, Matt Brown the branch manager of Raymond James in Cookeville to explore frequently asked questions about annuities. 304 Family Wealth |304 N. Washington Ave. Cookeville, TN 38501| 931.520.0778 Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. 304 Family Wealth is not a registered broker/dealer and is independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. The information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Matthew Brown and not necessarily those of Raymond James. Annuities are long-term, tax-deferred insurance contracts designed for retirement. Withdrawals made prior to age 59 ½ may be subject to taxes and possible penalties. Any guarantees are backed by the claims-paying ability of the issuing insurance company. Contracts are subject to fees and limitations. Investors should consider the investment objectives, risks, and charges and expenses of variable annuities carefully before investing. The prospectus contains this and other important information about the variable annuity and its underlying funds. Prospectuses for both the variable annuity contract and the underlying funds are available from your financial advisor and should be read carefully before investing. Investing involves risk and you may incur a profit or a loss regardless of strategy selected. Past performance is no guarantee of future results. Prior to making an investment decision, please consult with your financial advisor about your individual situation.

Business Succession: Inherited Trauma and Family Wealth - Generational Wealth and Financial Successhttp://www.ValuationPodcast.com  https://www.valuationmediation.com  Welcome to ValuationPodcast.com, where we explore the intricate world of business valuation and the complex dynamics of family wealth. I'm Melissa Gragg, a seasoned valuation expert and divorce financial mediator from St. Louis, Missouri. Today, we delve into the profound topic of inherited trauma and its influence on family wealth with special guest Ruschelle Khanna. Ruschelle, an esteemed family advisor, mediator, and therapist, brings her expertise and her new book, "Inherited Trauma and Family Wealth," to the table, discussing how deep-seated family issues can affect financial security and business succession.Questions Discussed: Can you explain what inherited trauma is and how it specifically impacts financial behaviors?What is the impact of inherited trauma / generational patterns on our financial well-being?What is one immediate step someone can take today to break free from generational financial trauma?How can people create a new financial legacy without guilt or fear of repeating past mistakes?If you could give one piece of advice to someone trying to rewrite their financial story, what would it be?Key Podcast Takeaways:Understanding Inherited Trauma: Inherited trauma, as Ruschelle explains, isn't just about the psychological patterns passed down through generations; it also includes actual genetic memories and traumas that manifest in family behaviors and personal fears that seem unlinked to one's own experiences.The Impact on Financial Behavior: Inherited trauma can significantly influence financial decisions and behaviors. Ruschelle discusses how these traumas can lead to profound fears and anxieties about money, which may not always be conscious but deeply affect how individuals and families manage their wealth.Identifying Inherited Trauma: Identifying whether a fear or behavior is a result of inherited trauma can be tricky. Ruschelle suggests looking at the age when certain fears manifest—often mirroring the age of a past family trauma—as a clue to their origins.Approaching Financial Wellbeing: Ruschelle outlines practical steps for addressing inherited financial traumas, such as understanding the specific ways trauma affects one's sense of security, emotional connection to money, and ability to make sound financial decisions.Therapeutic Solutions and Family Governance: Ruschelle advocates for both traditional therapeutic approaches and practical measures like setting up strong family governance structures to manage and mitigate the effects of inherited trauma on family wealth and business operations.Connect with Ruschelle: https://www.ruschellekhanna.com/https://www.linkedin.com/in/ruschelle-khanna-lifestyle-for-legacy/Buy Ruschelle's book here:https://www.lifestyleforlegacy.com/bookConnect with Melissa:Melissa Gragg  CVA, MAFFExpert testimony for financial and valuation issues  Bridge Valuation Partners, LLC  melissa@bridgevaluation.com  http://www.BridgeValuation.com  http://www.ValuationPodcast.com  http://www.MediatorPodcast.com  https://www.valuationmediation.com  https://www.thedivorceallies.com/Cell: (314) 541-8163Support the show

Join wealth expert Rob Gill as he reveals the Waterfall Method, a powerful strategy for building, protecting, and passing down generational wealth. Learn proven financial steps to ensure your family's assets continue to grow and provide long-term financial security for future generations. Whether you're looking to create a legacy, minimize wealth loss, or maximize financial growth, this method can help you keep your family wealthy forever. Don't miss these game-changing insights—watch now!

Dan Frosh is the director at the Merrill Center for Family Wealth. He works with enterprising families to navigate the complexities of wealth and family dynamics, aiming for multigenerational success. A trained attorney, Dan has previously served as a senior advisor at Cambridge Family Enterprise Group and writes and speaks internationally on family enterprises and family wealth. He is the co-author of an upcoming handbook for advisors on business families and family businesses.SHOW SUMMARY In this episode of Disruptive Successor, host Jonathan Goldhill is joined by Dan Frosh, Director at the Merrill Center for Family Wealth. The discussion focuses on preparing for the transfer of ownership to the rising generation in family businesses. Topics include the importance of aligning on a family vision, developing the necessary skills and knowledge for future owners, and navigating governance structures. Dan shares insights from his experience and co-authored book, providing valuable advice for family business leaders. The episode concludes with the significance of collaboration and holistic planning to ensure smooth ownership transitions.KEY TAKEAWAYSFamily Business Succession Planning: Importance of preparing both ownership and leadership succession in family businesses.Role of Next Generation: The Significance of the rising generation in creating and driving the vision for the future of the family business.Governance Essentials: The need for appropriate governance structures that evolve with the business through different generations.Core Skills and Education: Developing financial literacy, understanding business operations, and governance knowledge are crucial skills for the next generation.Collaboration and Communication: Vital role of clear communication and collaborative decision-making between generations in ensuring smooth transitions.QUOTES"What hat are you wearing in each meeting as a board? You know, when the board meets, you put on your board hat and you think of it as a board member on a day-to-day basis. You're thinking of it as a family, a family employee. You're both a family member and an employee.""Make sure that the agenda is clear. What hat you're wearing and what type of topics and issues you are talking about during that meeting.""Both generations need to be moving together in this process... If one runner is just standing still waiting for the baton to come, they're going to get passed immediately.""Collaboration is super key for smooth ownership transition.""Where you see senior generation family members who are reluctant to bring the next generation into the discussions... adopting this mentality of, 'I'm the owner, they're not an owner yet, so I will decide and I will tell them what will happen.'""You need each one of them—business coach, wealth manager, family wealth manager, lawyers, and accountants—to really be successful.""Aligning on the vision becomes really important as well... they're inheriting or they're being gifted an enterprise that they might not totally agree with."Connect and learn more about Dan Frosh.https://www.linkedin.com/in/dan-frosh-92759b9/If you enjoyed today's episode, please subscribe, review, and share with a friend who would benefit from the message. If you're interested in picking up a copy of Jonathan Goldhill's book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com

Should you sell, rent, or reinvest an inherited property? The right choice could impact your wealth for years to come. In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Amelia Misenheimer, a real estate consultant specializing in helping individuals navigate inherited properties. Together, they discuss the challenges, opportunities, and key considerations when deciding whether to keep, sell, or reinvest inherited real estate.In this episode, you will learn:The key financial and emotional factors to consider before making decisions about inherited property.How to evaluate whether a property is a good investment, including assessing rental income, market value, and potential repairs.The differences between passive and active real estate investments—and how to determine which is right for you.The role of property managers, syndications, and self-management in real estate investing.And more!Tune in to gain valuable insights into making informed real estate decisions that align with your financial goals.Resources:Episode Transcript & Blog | www.ameliamisenheimer.com | Connect with Amelia Meisenheimer on Instagram, Facebook, and LinkedIn | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

The Ruoff Mortgage Podcast Studio was so grateful to have the incredibly hardworking and very talented Lance Like join us for an important discussion regarding the world of wills, trust, family responsibility, and even legal protection of assets.  Lance shares what it was like to live in a small town, where farming was the ideal profession and how that changed over time to lead him into law school.   Lance shares the how and why he got into this side of family law after realizing that hundreds of millions of dollars get acquired by the States annually because families refuse to plan accordingly.   Lance shares both serious and humorous examples of what can and most likely will happen if you're not prepared.  He also helps us dive into whether Daniel Lambert was truly organized for when he passed and whether a better written will or trust should have been drafted.  With great anecdotes and a true heart to help people "protect the ones that they love and the assets they have," you will not want to miss this episode.   Like Law Group     Podcast Studio Sponsor Podcast Sponsor   Podcast Sponsor Podcast Sponsor   Episode 1-6 Sponsor  

Brett Barth and Evan Roth are co-founders and Co-CEOs of BBR Partners, a multi-family office that oversees $32 billion on behalf of 180 families and is celebrating its 25th anniversary this year. Brett appeared on episode 3 of Capital Allocators eight years ago and is a regular contributor in our Friends Reunion shows. I've observed BBR's growth since first meeting Brett and Evan twenty-four years ago and was excited to hear more about their journey.   Our conversation covers BBR's successes, missteps, and key lessons over the years. We discuss their investment philosophy and cultural principles, the “turbulent regimes” that cemented their approach with clients, and their shift in mindset from scrappy entrepreneurs to managers of an enduring business. Evan and Brett describe the business and investment decisions that allowed BBR to sustain success, create peace of mind for clients, and prepare for the next long chapter in BBR's story.   Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

It's time to set some SMART financial goals! I'm walking through 10 SMART financial goals that will help you build family wealth this year. Second, we're back with our Mortgage Free Family segment! This month we're featuring JJ Buckner from Missouri. He's going to share how he paid off his mortgage in his 30s and how it allowed him more family time and time to grow as a solopreneur. Last, we're sharing the Good Word once again. My son Calvin and I are sharing details on Mackenzie Scott's philanthropy mission, the Giving Pledge, and how Calvin likes to give back. EPISODE RESOURCES: Sponsors + Partners + Deals Monarch (free trial): https://marriagekidsandmoney.com/monarchmoney (affiliate) Empower (net worth tracker): https://marriagekidsandmoney.com/empower (affiliate) Trust & Will: https://marriagekidsandmoney.com/trustandwill (affiliate) Ethos (term life insurance): https://marriagekidsandmoney.com/ethos (affiliate) JJ Buckner: https://www.youtube.com/c/JJBuckner Good Word Story (CNBC): https://www.cnbc.com/2024/12/20/mackenzie-scott-announced-another-2-billion-dollars-in-2024-donations.html MKM RESOURCES: MKM Coaching: Want 1-on-1 support with your family finance journey? Book a time with me today. Make My Kid a Millionaire Course: Want to build generational wealth and happiness for your kid? Learn more about my course! YouTube: Subscribe for free to watch videos of these episodes and interviews. Instagram: Follow our IG channel. SHOW INFORMATION:  Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth.  To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence. Learn more at https://www.marriagekidsandmoney.com  HOST BIO:  Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.  Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger's Personal Finance and NBC News. With millions of downloads and views, Andy's message of family financial empowerment has resonated with listeners, readers and viewers across the world.    When he's not "talking money", Andy enjoys being a soccer Dad, singing karaoke with his wife and relaxing in his hammock. HOW WE MAKE MONEY + DISCLAIMER: This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS: Podcast Artwork: Liz Theresa Editor: Podcast Doctors Podcast Support: Nev Maraj Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover how a pilot's dream of starting an airline unexpectedly paved the way to a fulfilling career in estate planning. Meet Kevin Quinn of Legacy Counselors, who shares his remarkable journey and the invaluable lessons learned from mentors that shaped his pioneering approach. This episode promises to redefine your understanding of legacy by focusing on the human elements that transcend financial wealth. Kevin's unique strategy involves cultivating ongoing relationships with clients, ensuring their estate plans reflect evolving family dynamics and priorities. Explore the innovative "My Family, My Wealth" program, which empowers families to manage and maximize their wealth across generations. This conversation delves into the complexities of modern family definitions and the importance of flexible estate planning. Kevin offers practical insights into engaging family members in meaningful wealth discussions, ensuring the continuity of values and goals. You'll be inspired by stories of families using opportunity trusts to create significant, positive impacts, proving that legacy is about more than money—it's about nurturing potential and fostering enduring family bonds.    Timestamps 00:00:00 - Introduction and Welcome to the Business Legacy Podcast 00:00:05 - Kevin Quinn's Journey from Pilot to Estate Planner 00:05:17 - Introduction to "My Family, My Wealth" Program 00:07:00 - Modern Family Structures and Evolving Estate Plans 00:11:30 - Engaging Family in Wealth Discussions and Philanthropy 00:16:47 - Creating Legacy Through Family Wealth and Opportunity Trusts 00:19:30 - Kevin's Personal Journey and Expanding Legal Practice 00:21:00 - The Impact of Family Wealth on Community and Generations 00:24:00 - Kevin Quinn's Vision for Helping People Realize Their Potential 00:27:00 - Where to Find More Information About Legacy Counselors and the "My Family, My Wealth" Process 00:28:00 - Closing Remarks   Check out My Family, My Wealth Program here: https://legacycounsellors.com/my-family-my-wealth/ Legacy Podcast: For more information about the Legacy Podcast and its co-hosts, visit businesslegacypodcast.com. Leave a Review: If you enjoyed the episode, leave a review and rating on your preferred podcast platform. For more information: Visit businesslegacypodcast.com to access the shownotes and additional resources on the episode.

#bitcoin (06-02-2025) Looking at what's making the news surrounding Bitcoin... and delving into whether you could create generational wealth by owning just 0.1 BTC. Also a heartbreaking video clip you will not want to miss!!MY VIEWS ARE MY OWN AND I MAKE NO PREDICTIONS OR GIVE ANY FINANCIAL ADVICE, SO DO YOUR OWN RESEARCH BEFORE INVESTING ANYTHING... & ONLY INVEST WHAT YOU COULD AFFORD TO LOSE!Subscribe to my ‘UK Bitcoiner' Backup Channel:https://www.youtube.com/channel/UC3p4A_VqohTmbm44z4lgokgBuy Me A Coffee:https://buymeacoffee.com/ukbmGet 10k FREE sats on the Orange Pill App:https://signup.theorangepillapp.com/opa/UKBitcoinMasterUK Bitcoin Master Social Media Links:https://linktr.ee/ukbitcoinmasterNostr Public key:npub13kgncg54ccmnmvtljvergdvrd7m06zm32j2ayg542kaqayejrv7qg9wp2sUKBitcoinMaster video library:http://www.UKBitcoinMaster.comUKBitcoinMaster Interviews: http://www.BitcoinInterviews.comThe Best Of Exmoor:https://www.thebestofexmoor.co.uk/298.htmlMondays Live Show: https://youtu.be/gPTzZGnUiRY

Jeff Sheppard from Family Wealth group joins Jack to talk about what you can do if you are still waiting on some important documents before completing your taxes. See omnystudio.com/listener for privacy information.

What happens when family wealth meets family dynamics? Estate planning isn't just about assets—it's about navigating relationships, responsibilities, and the unexpected challenges that come with managing a legacy. In this episode, hosts Robin and Al welcome Andrea Love, President and CEO at Legacy Private Trust. The conversation delves into the complexities of estate planning, the role of independent trust companies, and the importance of having professional help in managing estates. Andrea shares insights on the challenges faced by executors, the significance of family dynamics in estate administration, and the need for open communication about financial matters within families. The discussion also highlights the accessibility of trust services for individuals of varying net worth and the importance of instilling values in future generations. Andrea's personal journey into the trust business adds a unique perspective to the conversation, emphasizing the importance of legacy and planning for the future."...this idea of a simple estate, it's not a thing." ~ Andrea LoveBrought to you by Aria Benefits and Life & Legacy Advisory Group

John Messervey is an organization behavior consultant who advises high wealth families throughout the United States and overseas. Among the earliest family business/wealth consultants, John has consulted with more than 400 families throughout the U.S., Europe, and Asia since 1985. He often guides families, owners and managers through very difficult conversations and is known for his consultations with very complex family challenges. In this episode, we talk about: - Key challenges wealthy families are facing today - How is the new generation different from the previous generations in wealth management? - Why it's so important to tell the family wealth creation story to the new generation? - How do wealthy families do parenting right? - How important is marriage in wealth growth and continuity? - Why he actively recommends pre-nupital aggreement in marriages? - How should families approach dispute resolution? - What do high performing, multi-generation family offices get right? & lots more Links: ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com John Messervey's Website - https://www.privatefamilyadvisor.com/ John on LinkedIn - https://www.linkedin.com/in/john-messervey-5219778

If you've been following the news lately, chances are you've heard of Luigi Mangione, the man at the center of recent headlines for allegedly shooting UnitedHealthcare CEO Brian Thompson. While the criminal case has drawn widespread attention, what caught our interest is a surprising detail about Mangione's personal life: he's reportedly listed as a beneficiary in his wealthy grandmother's estate. Even more intriguing, the will allegedly includes a precatory clause—or “wish language”—suggesting that beneficiaries charged with a felony could forfeit their inheritance.    In this episode of Absolute Trust Counsel, host Kirsten Howe and attorneys Jessica Colbert and Ariana Flynn dive into the concept of precatory clauses, their potential legal implications, and what this could mean for Mangione. Don't miss this fascinating discussion!    Time-stamped Show Notes:   0:00 Introduction 1:40 Unpacking Luigi Mangione's Inheritance: Discover how Luigi Mangione's grandmother's estate entered the spotlight and why estate planners like us find it so intriguing. 2:25 Has anyone actually seen a copy of the will? We reveal what sources are saying and why there's still plenty of missing information. 3:38 A term every estate planner (and beneficiary) should know is Precatory Language. We break down what it means and how it can affect your inheritance. 4:50 If you rely on non-binding language in your will, you could invite costly disputes among your heirs. Next, we explain how to avoid this pitfall. 6:48 With limited information available, we still offer insights into what might happen next with Luigi's share—and how you can protect your own estate from similar issues. 7:22 Thanks for joining us on this deep dive into estate planning and real-life drama. We hope you enjoyed it and picked up tips for your own estate plan. Stay tuned for our next episode!

Estate Settlement is one of the most feared parts of wealth transition. It is where trust and estate planning meet their first real test- usually when a will is put in front of the probate court system. JOEL SCHOENMEYER, Head of the Family Wealth Group at a Major Regional Bank joins us to discuss the ins and outs. https://youtu.be/OwepMwX0uao?si=YKevHbmDrtrRv12b What is Joel's background? I spent the first 15+ years of my career as a trusts and estates attorney. First at a few different law firms, including Sidley Austin – back when they had a T&E group. Then as a solo practitioner for more than a decade. In 2012 I made the transition to working for financial institutions, where I have held a number of roles: Legal department, in the trust counsel group Senior Trust Advisor on an ultra-high net worth team National Head of Estate Settlement Senior Wealth Strategist in a multi-family office group I'm now in charge of the Family Wealth group at Fifth Third, which is an offering for ultra-high net worth clients and families. Just broadly, can you explain what happens from a legal perspective when someone dies? Sure. First, a little terminology: “Estate settlement” is the overall process of wrapping up a deceased person's affairs, a job that's usually handled by an “executor”. That settlement process can include lots of different things, but it can be broken down into a few broad topics: Inventorying and collecting all assets; Identifying and then paying debts and expenses, including taxes (both final income taxes and, if the estate is large enough, estate taxes); and Distributing what remains according to the decedent's estate plan (or if they didn't have one, according to state law). “Probate” can be a part of estate settlement, and involves court supervision of the above process, to make sure that it is handled correctly. I spent some of my time as an attorney drafting Wills and Trusts. However, I spent even more time in court, dealing with probate issues (including litigation). We are going to be talking about messy estate settlement issues and how to avoid them. Why is this important? I will say that, throughout my career, I have met clients (or potential clients) who say, “I don't care what happens when I die – that's someone else's problem.” However, most people do NOT want to cause problems for their loved ones. The death of a parent or spouse or sibling is difficult enough without having to figure out where their stuff is, or what they wanted to do with it.There's also the positive aspect. You have family and friends – and possibly charities – that you hope will thrive after your passing. Why wouldn't you want to set things up so that they actually get your hard- earned money? Do you want to have that money go to the IRS or some probate litigators? How should people start to think about their estate? I break the issues to consider down into four interconnected categories: Assets Debts and expenses (including taxes) Personal Relationships Estate Plan (Will, Trust, etc.) One thing you will notice is that your estate plan is only one category here. A lot of people think that having a Will and/or Trust in place means that they are “done” with planning for their death. That's just not true. So let's start with assets in the estate settlement process. What is the big mistake people make with their assets in the context of planning for death? The main mistake is not paying attention to how your assets are titled. This is especially the case where people have an estate plan but then also have assets with a listed beneficiary, or assets owned jointly. For instance, I once handled an estate where the decedent's Will gave away her interest in a home – but the decedent already owned the home in joint tenancy with her sister! As a result, the gift under her Will was ineffective (but the situation created a lot of litigation as well as conflict)...

Join co-hosts Jason Smith and Bryan Bibbo as they unpack the essential role of The Family Estate Organizer™ (FEO) in creating a seamless wealth transfer strategy.   Through compelling real-world examples and decades of experience, they reveal how this powerful tool transforms complex estate planning into an organized, manageable process that provides peace of mind for … Continue reading Episode 33: The Family Estate Organizer™ – A Guide to Preserving Family Wealth & Harmony →

Jeff Sheppard from Family Wealth group joins Kruser to talk about the challenges of preparing for retirement. See omnystudio.com/listener for privacy information.

What if building generational wealth isn't about your net worth, but rather about your mindset?   In this enlightening episode, Angel hosts Zihao Wang for an intimate discussion about family office dynamics and the true essence of building generational wealth. Zihao, a second-generation family office member, shares invaluable insights about the transition of wealth between generations, the importance of early financial education, and the delicate balance of trust and responsibility in family business operations. The conversation challenges conventional notions about family offices and offers practical wisdom for those aspiring to build lasting financial legacies.     [00:01 - 04:00] The Mindset of Legacy Building Family office success depends on a contributing rather than receiving mindset Specialization is key for different family members Multi-generational sustainability requires collective family effort   [04:15 - 08:23] Nurturing the Next Generation The importance of involving children in business from an early age Why underestimating young people's capabilities is a mistake Building trust through gradual responsibility delegation   [08:24 - 12:35] Risk Management and Safety Nets Strategic leverage caps protect against major losses Regular check-ins and reporting maintain accountability The value of patient capital in long-term investing   [12:36 - 16:48] Education vs. Experience Traditional education's role in modern business success The power of combining formal education with real-world experience Understanding alternative investment opportunities beyond Wall Street   [16:49 - 21:58] Building Trust in Family Office Partnerships The contrast between institutional and family office investing approaches How market downturns test true partnerships The importance of transparency in maintaining long-term relationships     Key Quotes:   "Family offices get harder and harder the more generations you go down." - Zihao Wang   "Building trust takes many years, ruining trust takes one deal." - Zihao Wang         Connect with Zihao:   Website: https://motivaholdings.com/ LinkedIn: https://www.linkedin.com/in/zihao-wang-mh/   Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing.    Head over to our Facebook Page, YouTube channel, or website  https://www.theacademypresents.com/jointhesummit36848306.

How do you balance family values, evidence-based investing, and building long-term wealth? In this episode, we are joined by Magnus Reitan, CEO of Reitan Kapital, to discuss his evidence-based approach to wealth management. Reitan Kapital is a leading investment firm specializing in index fund strategies and innovative portfolio optimization techniques. Under his leadership, the firm has become a key player in the investment industry, known for its analytical approach and commitment to sustainable and effective financial solutions. In our conversation, we delve into the disciplined, evidence-based philosophy driving Reitan Kapital's investment strategy, the importance of simplicity in managing wealth, and the lessons he's learned as an investor and a leader. We also explore the nuances around managing family wealth, unpack the importance of aligning investment strategies with family and business goals, and uncover the influence of Norway's Sovereign Wealth Fund on Reitan Kapital's approach. Join us as we explore the intersection of finance, legacy, and innovation and learn why a low-cost, evidence-based investment strategy works with Magnus Reitan. Tune in now!   Key Points From This Episode:   (0:03:27) The Reitan family's journey from a single grocery store to a multinational group. (0:04:20) How Reitan Kapital fits into the broader Reitan Group and how it started. (0:06:35) Discover how Reitan Kapital defines risk and the role of access liquidity.  (0:08:06) Magnus shares how he developed his personal investment philosophy. (0:09:33) Hear how his personal interest in finance led to founding Reitan Kapital. (0:11:24) Explore the differences between managing a business and a family portfolio. (0:12:26) Why the company chose to hire a CIO who was not part of the Reitan family. (0:13:59) Reitan Kapital's values: long-term perspective, diversification, liquidity, and low costs. (0:17:37) Hear how the family decided on and agreed to the company's investment approach. (0:18:58) Asset allocation at Reitan Kapital and the reasons behind its approach. (0:21:50) Avoiding portfolio complexity and the benefits of evidence-based investing. (0:24:30) The influence of Norway's Sovereign Wealth Fund on Reitan Kapital's philosophy. (0:26:07) Sources of information for learning about portfolio management and financial markets. (0:27:00) Lessons and key takeaways from the recent Reitan Kapital investor conference. (0:29:38) He shares his definition of success and why passion is important.   Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemindRational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.caBenjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://pwlcapital.com/our-team/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Magnus Reitan on LinkedIn — https://linkedin.com/in/magnus-reitan-3a6b90225/ Reitan Kapital — https://reitan.no/no/selskap/170/reitan-kapital Reitan Retail — https://reitanretail.no/en Reitan Eiendom — https://reitan.no/no/selskap/171/reitan-eiendom Episode 321: Evidence in Practice with Håkon Kavli — https://rationalreminder.ca/podcast/321 Håkon Kavli on LinkedIn — https://linkedin.com/in/haakonkavli/ Sindre Drevland on LinkedIn — https://linkedin.com/in/sindredrevland/

Unlock the secrets of building a lasting legacy with insights from M.C. Laubscher, the wealth management expert and host of the Cashflow Ninja podcast. You'll learn how the Rockefellers and Vanderbilts navigated the landscape of wealth preservation, and discover why shared family values and strategic planning are crucial for maintaining wealth across generations. Get ready to redefine your approach to legacy planning by drawing inspiration from the successes and pitfalls of these iconic families.As we prepare for the Accountable Equity Learn and Grow event at Renault on December 6th and 7th, we're thrilled to offer a unique experience for families. Our sessions promise to engage both adults and children in meaningful activities centered around family legacy, making this event a perfect blend of learning and bonding. Join us as we forge new paths in legacy building and wealth preservation, ensuring that the values you hold dear are passed down alongside your financial assets.Ultimate Show Notes:[01:18] Legacy Planning and Family Wealth [02:36] Building Family Legacy and Bonds [08:26] Wealth and Happiness Conference Fun GET YOUR PASS NOW for an unforgettable day at Experience Learn & Grow 2024: https://accountableequity.com/learngrow/Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

Being a child of wealthy parents does not necessarily mean your financial situation with always be easy to manage. Family dynamics are often complicated. Today, John Walker, Regional Vice President, Mercer Advisors, is joined by CERTIFIED FINANCIAL PLANNERTM professional Jason O'Meara, Wealth Advisor and Sr. Director, Mercer Advisors. They discuss how open communication among family members and proper planning can be critical when passing wealth to the next generation. Listening Time: 24 minutes Mercer-Cordasco Disclosure Information Visit Our Website Join Our Email List Additional Mercer Advisors Disclosure Cordasco Financial Network is a tradename. All services provided by Cordasco Financial Network investment professionals are provided in their individual capacities as investment adviser representatives of Mercer Global Advisors Inc. (“Mercer Advisors”), an SEC-registered investment adviser principally located in Denver, Colorado, with various branch offices throughout the United States doing business under different tradenames, including Cordasco Financial Network. Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning document preparation and other legal advice are provided through Advanced Services Law Group, Inc.

Hey Rainmaker fam! Stephen and Chelsey here, and we're thrilled to bring you something truly special on the Rainmaker Family Show this week—a Family Wealth Power Panel featuring some stellar minds in entrepreneurship. We just wrapped up our yearly online business bootcamp, and we had to share this powerhouse session from the final day! Today, we're diving into wealth—not just the financial kind but a holistic approach that aligns with our family-first values. You'll hear from Jennifer Allwood, who has coached over 20,000 women; Pedro Odeo, a profound mentor and founder of the 100X Academy; Skye Aris, a successful actress and real estate investor; and Catherine Gordon, a movie producer and best-selling author. This panel isn't just about making money; it's about crafting a legacy while keeping your family at the heart of all you do. We explore everything from the first quirky ways these entrepreneurs made money, to deep insights on building wealth without sacrificing family time or values. The stories shared here are raw, real, and resonant—covering everything from overcoming personal trauma to strategic business moves that anyone can apply. This episode is packed with golden nuggets on how to navigate the entrepreneurial journey while nurturing your personal life. Whether you're an established business owner or just starting out, these insights will empower you to build a life where wealth means freedom, health, and happiness. Remember, wealth isn't just about filling your bank account; it's about enriching your life's every aspect and ensuring your family thrives alongside your business. So, hit play now, and let's dive into this transformative session—because when you align your business with your deepest values, success follows. PS: Don't forget to join our community if you're ready to take your family and business to the next level. Follow the links below to connect with us and learn more about the Rainmaker Method. We can't wait to welcome you into our circle! Connect with us: ► Rainmaker Instagram: @therainmakerfamily   ► Chelsey Instagram: @chels_diaz   ► Stephen Instagram: @steezdiaz    ► TikTok: @therainmakerfamily   ► Facebook: @diazfamilylegacy   ► Website: @https://therainmakerfamily.com Join Our Next Rainmaker Challenge - How To Make Passive Income From Home https://therainmakerchallenge.com Save On Our Favorite Things: https://rainmakerfamily.com/deals Watch The Million Dolar Mama Case Study: https://www.makeitrainmomma.com/cases...   Episode: minute-by-minute  0:00 - Introduction: Welcome to the Family Wealth Power Panel. 1:30 - Introducing today's panelists: Jennifer Allwood, Pedro Odeo, Skye Aris, and Catherine Gordon. 3:00 - Each panelist shares their unique journey into entrepreneurship and wealth building. 7:00 - Discussion on early financial experiences and the quirky ways they initially made money. 12:00 - Insights into overcoming personal and financial challenges. 17:00 - How to integrate family values into business practices. 22:00 - Strategies for effective wealth accumulation without compromising personal time. 28:00 - Panelists discuss the importance of mindset in building wealth. 34:00 - How each panelist handles wealth management within their families. 40:00 - Techniques for teaching children about money and entrepreneurship. 46:00 - Panelists share their biggest financial mistakes and what they learned. 52:00 - Audience Q&A session with panelists answering live questions. 65:00 - The role of mentorship and community in their success stories. 70:00 - Final thoughts and key takeaways on building sustainable, family-centered wealth. 75:00 - Wrap-up: How to connect with the panelists and learn more about their methods.

Two-time Emmy and Three-NAACP Image Award-winning, television Executive Producer Rushion McDonald, interviewed Sonia Fears.  Sonia Fears of the Fears Group at Morgan Stanley, She is the First Vice President, Financial Advisor, Senior Portfolio Manager, Alternative Investments Director, Global Sports, and Entertainment Director - All Black Wealth Management Team Sonia Fears of The Fears Group at Morgan Stanley; she is one of the leading financial experts in discussing stocks, savings programs, compounded interest portfolios, Name Image and Likeness and lines of credit.    Sonia built a family practice at Morgan Stanley along with her two daughters.  Sonis provides Alternative Investment opportunities, Retirement plans, and Entertainment and Sports financial consultations.  #STRAW #SHMSSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Two-time Emmy and Three-NAACP Image Award-winning, television Executive Producer Rushion McDonald, interviewed Sonia Fears.  Sonia Fears of the Fears Group at Morgan Stanley, She is the First Vice President, Financial Advisor, Senior Portfolio Manager, Alternative Investments Director, Global Sports, and Entertainment Director - All Black Wealth Management Team Sonia Fears of The Fears Group at Morgan Stanley; she is one of the leading financial experts in discussing stocks, savings programs, compounded interest portfolios, Name Image and Likeness and lines of credit.    Sonia built a family practice at Morgan Stanley along with her two daughters.  Sonis provides Alternative Investment opportunities, Retirement plans, and Entertainment and Sports financial consultations.  #STRAW #SHMSSee omnystudio.com/listener for privacy information.