Podcasts about family wealth group

Jack talks with Jeff Sheppard of The Family Wealth Group, in review of a client appreciation event The Sheppard Family Foundation staged at an event venue in Harrodsburg and continues discussion on tax advantages for Roth conversions under the Big Beautiful Bill. See omnystudio.com/listener for privacy information.

Jeff Sheppard - financial advisor from The Family Wealth Group is having a family reunion event for clients as an appreciation. Kruser in for Jack talks converting a Traditional IRA to a Roth IRA, different types of money and the new rules for standard deductions after the Big Beautiful Bill. See omnystudio.com/listener for privacy information.

Jeff Sheppard - financial advisor from The Family Wealth Group is having a family reunion event for clients as an appreciation. Kruser talks converting a Traditional IRA to a Roth IRA, different types of money and the new rules for standard deductions after the Big Beautiful Bill. See omnystudio.com/listener for privacy information.

Kruser talks to Jeff Sheppard of The Family Wealth Group. They review The Sheppard Family Foundation's recent fundraiser of which Dick Vitale was a participant plus the future impact of Tariffs an global conflict on the US economy and markets.See omnystudio.com/listener for privacy information.

Jack talks to Jeff Sheppard of Family Wealth Group and gets an update on new laws that affect tax payers 65 and over regarding standard deductions. See omnystudio.com/listener for privacy information.

Jeff Sheppard of Family Wealth Group shares the latest update on financial health and economic news.See omnystudio.com/listener for privacy information.

Jack is joined by Jeff Sheppard from Family Wealth Group to continue his talk on the Big Beautiful Bill and how it could effect your taxes. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to continue his talk on the Big Beautiful Bill and discusses the rigors of jet-lag as the family travels between Kentucky and Las Vegas to support Reed in the NBA summer league. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group join Jack to continue his talk on the Big Beautiful Bill and give his preference in lunchbox snacks. See omnystudio.com/listener for privacy information.

Jeff Sheppard with Family Wealth Group joins Jack with some important information to be aware of with the passing of the Big Beautiful Bill. See omnystudio.com/listener for privacy information.

Jack talks with Jeff Sheppard from Family Wealth Group about some of the things to be aware of with how the Big Beautiful Bill can effect your saving for retirement. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to remind you that the year is already half over so it's time to start checking off things on your financial to-do list before it's too late. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the importance of knowing your beneficiaries and the 2 Wildcats that got drafted in the 2nd round of the NBA Draft. See omnystudio.com/listener for privacy information.

Jack talks with Jeff Sheppard from Family Wealth Group about some of the ways they can help you prepare for your retirement plans. See omnystudio.com/listener for privacy information.

Jeff Sheppard with Family Wealth Group joins Jack to talk about the importance of changing your important passwords and the benefits of using qualified charitable distributions. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack on Monday morning to talk about some of the fundamentals of saving for your retirement. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack with an update on the clean up efforts from the tornados that destroyed parts of central and southern Kentucky. See omnystudio.com/listener for privacy information.

Jack talks with Jeff Sheppard from Family Wealth Group about his favorite topic which is, of course, required minimum distribution. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the recent efforts to help clean up after the tornados that passed through central and southern Kentucky. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group talks about his experience with the severe weather that came through over the weekend and the clean up efforts down in Somerset, which is the location of the Family Wealth Group offices. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about Dick's Sporting Goods purchase of Footlocker and making sure you are providing for your beneficiaries. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about capital gains. See omnystudio.com/listener for privacy information.

Jeff Sheppard with Family Wealth Group joins Jack to talk about the FED's decision to keep interest rates where they are which is neither a good thing nor a bad thing. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the importance of knowing who your beneficiaries are. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the importance of knowing what kind of money you are making investments with. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the financial education seminars that they offer to their clients.See omnystudio.com/listener for privacy information.

Jeff Sheppard with Family Wealth Group joins Jack with advice on how you should react to the volatile swings in the stock market. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the importance of paying attention to Donald Trump's tariffs. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about taxes and your contributions to your IRAs. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about some financial reminders and offers some advice for those effected by the recent flooding. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about if you should start to panic over the huge sell off of the stock market this week, See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about why it's not a good idea to skip doing your taxes even with all the federal layoffs at the IRS Department.See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about some advice for people who's adult children have moved back in with them. See omnystudio.com/listener for privacy information.

Jack talks with Jeff Sheppard from Family Wealth Group about the right way to go about taking money from from your 401K. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk a little bit about basketball and a little bit about when to sign up for Social Security. See omnystudio.com/listener for privacy information.

Jack asks Jeff Sheppard from Family Wealth Group about if it's better to use your employer's 401K or to invest in the market yourself? See omnystudio.com/listener for privacy information.

Jack talks with Jeff Sheppard from Family Wealth Group about what questions you should be asking when preparing for or living within retirement. See omnystudio.com/listener for privacy information.

Jack talks with Jeff Sheppard from Family Wealth Group about which is more beneficial to your finances paying down debt or saving for the future? See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about some important dates this year that you should remember concerning your finances. See omnystudio.com/listener for privacy information.

Jack talks to Jeff Sheppard from Family Wealth Group about protecting yourself from scams and bad financial advice. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about if it's ever too early to start saving for he future. See omnystudio.com/listener for privacy information.

Jack asks Jeff Sheppard from Family Wealth Group if women tend to worry more about retirement than men?See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about some tips for those who are trying to save some money during these trying times. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to define what is non-qualified money and the importance of being prepared for the unexpected in retirement. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about how much you'll need to save when planning for retirement. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about January being Financial Wellness Month. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the Social Security raise and how it might effect retirement savings. See omnystudio.com/listener for privacy information.

Jeff Sheppard joins Jack to talk about the many educational tools that they offer at Family Wealth Group to those who are starting to think about retirement. See omnystudio.com/listener for privacy information.

Jeff Sheppard from Family Wealth Group joins Jack to talk about the importance of paying attention to the changing tax laws in 2025 if your planning on retiring soon. See omnystudio.com/listener for privacy information.

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)...