Podcasts about revocable living trust

Probate is one of the most misunderstood topics in estate planning. Many people know they want to avoid it, but few understand what probate is or why it exists in the first place. This week, attorney Kyle Rinaudo of Reeves Law, P.C., joins us for an in-depth conversation on the facts and fiction surrounding probate, including its purpose, the role it plays in settling estates, why it often carries a negative reputation, and what families can realistically expect when navigating the process.Original Air Date: June 13, 2026Read the Article: https://www.henssler.com/before-you-try-to-avoid-probate-understand-it 

Put Mortgaged Home in a Revocable Living Trust?

Downside of a Revocable Living Trust

Lesley Logan and Brad Crowell dive into the highlights of Lesley's conversation with Billy Lahr, a Certified Mindfulness Meditation Teacher with a background in education and behavior change. They explore his perspective on comfort zones, breaking down the difference between being comfortable and becoming complacent, and why growth doesn't have to come from constant discomfort. From the importance of healthcare directives to the permission gap that keeps women selfless to a fault, this episode challenges you to take a more intentional approach to how you live and show up.If you have any questions about this episode or want to get some of the resources we mentioned, head over to LesleyLogan.co/podcast https://lesleylogan.co/podcast/. If you have any comments or questions about the Be It pod shoot us a message at beit@lesleylogan.co mailto:beit@lesleylogan.co. And as always, if you're enjoying the show please share it with someone who you think would enjoy it as well. It is your continued support that will help us continue to help others. Thank you so much! Never miss another show by subscribing at LesleyLogan.co/subscribe https://lesleylogan.co/podcast/#follow-subscribe-free.In this episode you will learn about:Making healthcare decisions in advance using a free online resource.How to stretch one's comfort zone to avoid the complacency zone.The power of closing the permission gap to stop burnout.Why self-prioritization is the key to a grounded, centered life.How to leverage curiosity and consistency to build genuine passion.Episode References/Links:FreeWill - freewill.comOPC Spring Training (Virtual Event) - opc.me/events   2027 eLevate Mentorship Program - lesleylogan.co/elevatePilates Summer Tour - opc.me/tourFolding Pilates Mat - opc.me/foldingmatMindful Midlife Crisis - https://www.mindfulmidlifecrisis.comBilly Lahr Official Website - https://billylahr.comJump Start Conversation - https://mindfulmidlifecrisis.systeme.io/jumpstartconvoSubmit Your Questions - beitpod.com/questions If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox. https://lovethepodcast.com/BITYSIDEALS! 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DEALS! https://onlinepilatesclasses.com/memberships/perks/#equipmentCheck out all our Preferred Vendors & Special Deals from Clair Sparrow, Sensate, Lyfefuel BeeKeeper's Naturals, Sauna Space, HigherDose, AG1 and ToeSox https://onlinepilatesclasses.com/memberships/perks/#equipmentBe in the know with all the workshops at OPC https://workshops.onlinepilatesclasses.com/lp-workshop-waitlistBe It Till You See It Podcast Survey https://pod.lesleylogan.co/be-it-podcasts-surveyBe a part of Lesley's Pilates Mentorship https://lesleylogan.co/elevate/FREE Ditching Busy Webinar https://ditchingbusy.com/Resources:Watch the Be It Till You See It podcast on YouTube! https://www.youtube.com/channel/UCq08HES7xLMvVa3Fy5DR8-gLesley Logan website https://lesleylogan.co/Be It Till You See It Podcast https://lesleylogan.co/podcast/Online Pilates Classes by Lesley Logan https://onlinepilatesclasses.com/Online Pilates Classes by Lesley Logan on YouTube https://www.youtube.com/channel/UCjogqXLnfyhS5VlU4rdzlnQProfitable Pilates https://profitablepilates.com/about/Follow Us on Social Media:Instagram https://www.instagram.com/lesley.logan/The Be It Till You See It Podcast YouTube channel https://www.youtube.com/channel/UCq08HES7xLMvVa3Fy5DR8-gFacebook https://www.facebook.com/llogan.pilatesLinkedIn https://www.linkedin.com/in/lesley-logan/The OPC YouTube Channel https://www.youtube.com/@OnlinePilatesClasses Episode Transcript:Brad Crowell 0:00  He's saying we think that when we're selfless, we're quote, unquote correct or right, and then when we are selfish, we're wrong. And what he was saying is, like, those are both actual extremes. Yeah, you know, what if we were grounded or self-centered? Or what if we focus about centered self, not like, in a negative way, but like, how do we—Lesley Logan 0:23  I know so—Brad Crowell 0:24  How can we be both of those things instead of like, one or the other? Lesley Logan 0:28  Welcome to the Be It Till You See It podcast where we talk about taking messy action, knowing that perfect is boring. I'm Lesley Logan, Pilates instructor and fitness business coach. I've trained thousands of people around the world and the number one thing I see stopping people from achieving anything is self-doubt. My friends, action brings clarity and it's the antidote to fear. Each week, my guest will bring bold, executable, intrinsic and targeted steps that you can use to put yourself first and Be It Till You See It. It's a practice, not a perfect. Let's get started. Brad Crowell 1:10  Take it away there, Lesley.Lesley Logan 1:13  Welcome back to the Be It Till You See It interview recap where my co-host in life, Brad, and I are going to dig into the thought-provoking convo I had with Billy Lhar in our last episode. Brad Crowell 1:21  Yeah, we are. Lesley Logan 1:22  If you haven't listened to that interview, you should, you could pause this now and hear what I sound like, not with a sinus infection. And then, if you're new, you'll be like, this girl's voice sucks. I can't stand it. And then you'll stick it out. Brad Crowell 1:33  Yeah. Lesley Logan 1:34  You'll stick it out. Brad Crowell 1:34  Stick it out. You will— Lesley Logan 1:35  I promise you—Brad Crowell 1:36  You'll do that we believe in you. Lesley Logan 1:38  I promise you, this is not this, too shall pass. What if someone's like, oh, my God, I loved her voice when she had the science affection, and now, when it's gone, like, ugh. Lesley Logan 1:50  Well, today is April 16, 2026 and it's National Healthcare Decisions Day. Huh? Interesting. Let's see where this goes.Brad Crowell 1:58  (Laughs)Lesley Logan 1:59  This day is observed every year on April 16, the day after tax day interesting as well. Are you aware that there are times you might need to make some decisions about your health care, but be incapacitated to make them? Oh, this is an interesting okay, I thought I felt like the health insurance companies, but this is about us—Brad Crowell 2:13  No. Lesley Logan 2:14  This is—Brad Crowell 2:14  This is about in personal health care decisions that we can make. Lesley Logan 2:17  This day is set aside to help you take care of those potential situations ahead of time is a day for patients or healthcare receivers to make known to health professionals the kind of adequate care they wish to receive and have those wishes respected and met. Well, whether they'll be respected and met, are different stories in the United States healthcare situation, but I do agree we Brad and I are supposed to have sat down his parents are going to annoy us until we do and actually, like, talk about our Do Not Resuscitate stuff and all that. Brad Crowell 2:44  Yeah. It's like, called advanced direction, or something—Lesley Logan 2:47  Directive?Brad Crowell 2:48  Direct, yeah, Advanced Directive. Maybe that's it. Yeah. So we've been on a healthcare tour, and we've been— Lesley Logan 2:53  We are using the insurance we pay for. Brad Crowell 2:57  We absolutely are—Lesley Logan 2:58  We are annoying the hell out of them. We are going to use every benefit they say we pay for. Brad Crowell 3:03  Well, it's also not like a fast, quick decision. We started doing this, like, I don't know, 18 months ago? Lesley Logan 3:09  Oh yeah, it says it's taken you 18 months to get the results you got today. Brad Crowell 3:13  I'm not even kidding, it's insane to me. Lesley Logan 3:15  (Laughs) There's nothing wrong with you. Brad Crowell 3:15  Yeah, they were like, hey, everything's good up there. Your brain. I'm like, well, that makes me feel good, but what the heck it took that long anyway? Yeah, it's been a it's been a whirlwind, and we've been learning a lot of things. Just like you have a last will and testament, you also need to have something called an, I'm looking up now to get the exact phrasing of it. But like, what the last will test—Lesley Logan 3:40  You have to do it when you, like, do surgeries and stuff like that. So you have to, you should talk with your partners and your families about your wishes. Brad Crowell 3:46  Yeah, it's called a living will, or an Advanced Directive. It's a legal document for healthcare that outlines your treatment preferences if you become incapacitated— Lesley Logan 3:56  Oh, I, let me just tell you, you guys want to go on a journey. Because I remember, I remember, oh, my God, what was her name? It's not in my head, because I'm on Dayquil, but when I grew up, I remember she was on the cover of every tabloid magazine, and her husband was made out to be this big villain because he wanted to pull the plug. Brad Crowell 4:14  Oh, in Florida, yeah. Lesley Logan 4:17  Oh, you guys want to, okay, you're listening to a podcast. Go to the You're Wrong About Series. Go all the way back to the beginning. They have what is that woman's Sherry? Sherry. It's coming. Tyvo. Sherry Tyvo. Sherry Livo? Sherry—Brad Crowell 4:33  Tyvan? Lesley Logan 4:33  No, Sherry Tyvo Brad Crowell 4:37  Coma case.Lesley Logan 4:38  In Florida in the 90s.Brad Crowell 4:43  Terry. T Y—Lesley Logan 4:44  Terri Schiavo! Brad Crowell 4:45  Schiavo. Lesley Logan 4:46  Not I had, oh my God!Brad Crowell 4:47  You did. You had it backwards. Lesley Logan 4:48  Woah! I had Sherry Tyvo. Brad Crowell 4:50  (Inaudible)Lesley Logan 4:50  And it's Terri Schiavo. You guys, the more Adderall I am, the more dislikes like I think I am. I think it's just showing that I am okay. So, Terri Schiavo, her, go listen to You're Wrong About. That husband was not the villain that the tabloids made him out to be, and her family made it out to be, and then the Bush Administration got involved, became this whole Supreme Court thing. And let me just tell you, they, people in this country will keep you on life support against your will. It happened to the black woman Atlanta who was forced to stay, this happened in the last year. Her family was forced to keep her on life support because she was six months pregnant. Then they made her stay on life support until the baby was viable, to live without her at the time we're recording this, that baby is still in the NICU cannot survive on its own. So we need laws that protect people, and then we need advanced directives, because what we don't want is the government getting involved. That's what you don't want. I mean that this is not a very uplifting conversation. So go (Laughs)Brad Crowell 5:52  Let's, let's, let's shift back to how we can take care of this for yourself, like today's about making a decision for yourself. So there's a couple different things that you can do. You can, you know, if you have been meaning to make that doctor's appointment, just do it today's the day do it. Set aside a little bit of time today to, like, actually get the ball rolling. Because the problem, like, I know what the problem is. The problem is that it never is fast. You call, it's freaking voicemail. Like, like, nothing seems to flow. And so you have to call back 10 times. I literally had to drive across the street to this doctor's office two times to schedule my fucking appointment. It's insane. So I understand how frustrating that can be, but if you don't start now, it will never happen. Lesley Logan 6:33  Well, you won't have you won't have the team in place when you need them. And I will say, like in our journey of making sure that we have a team of healthcare professionals that are local, I have been able to find doctors that actually give a fuck, like my my gynecologist, who does my my hormone treatment in Vegas. She gives such a fuck that I have a breast doctor. That breast doctor has me on an MRI next week, and then in six months, I'm mammogram, and that's where I'm at until and then she'll and then she's gonna get me to the plastic surgeon to talk about my options. Like they will help advocate for you if you really do advocate for yourself. Like I found, like, it's kind of amazing when you get into it. Now, do I have what I complained when I said, I hate this imaging place. She's like, just drive there and make the appointment. It's faster. And I was like, are you kidding me? But it is. She's like, it's just fast, it's just the way it has to go. I know in the year of our Lord 2026, but it is what it is. And here's another trick for your doctor's office. Call billing, billing. Billing always answers. Brad Crowell 7:32  Billing always answers. Lesley Logan 7:33  So my gynecologist, before I leave. I always say, when you want to see me again, because I'm just gonna book it on my way out, because that's the best thing. And she's like, it is the best thing. I said, oh, you want to what the other hack is, it's just like, is? And she's like, what I said, my assistant calls billing, they always answer. And she goes, oh my God. She's like, you are crazy, but she loves me. So what I highly recommend take the steps it becomes, it's like, part of your adulting life. Pick an hour every week to do adulting, and you'll be glad you did, because things will happen and you're not going to want to be up the creek without a paddle. Brad Crowell 8:02  Yeah, you're not going to be up the Advanced Health Care Directive without a paddle. I was just poking around, and there is a very interesting free service provider that will do Last Will and Testament, Revocable Living Trust, Advanced Health Care Directive, Power of Attorney, and it's called freewill.com. Lesley Logan 8:24  That's crazy. Brad Crowell 8:25  They do not sponsor us, but I think it's pretty amazing. And they actually have, I was just poking around, they actually have, like, a guided for last will and testament. They have a guided will maker that covers all 50 states. Lesley Logan 8:37  You know who I need to interview. I interview a will maker. How do we be it till we see it in this Advanced Directive? Like— Brad Crowell 8:43  That'll be cool. Lesley Logan 8:43  What is that like? What are all the things I need to know? What should be in my will? Who should not be in my will? You know all that stuff.Brad Crowell 8:50  And well. And then FreeWill also has for the advanced directive of healthcare stuff. They have a free one that's also guided through all the all the states. So they, they seem to have their shit together. They're actually funded by— Lesley Logan 9:00  If you're in a different country I have no idea how to help you there, but—Brad Crowell 9:02  They're funded by a nonprofit or a charity, so they're totally free, pretty crazy. Lesley Logan 9:06  Wow. Brad Crowell 9:06  Yeah. Lesley Logan 9:07  Okay. The skeptic in me is like, who is funding this? Brad Crowell 9:10  (Laughs) Lesley Logan 9:10  The Peter Thiel—Brad Crowell 9:11  Yeah, right? Lesley Logan 9:12  (Laughs)Brad Crowell 9:13  About FreeWill, who we are— Lesley Logan 9:15  This is really what they're interested in. They're like, dying to know. Brad Crowell 9:18  Yeah, right? Lesley Logan 9:18  But you have to look up these things, because there is a nonprofit organization that's about, like, like, it sounds like it's about keeping kids from being online too early, but really, it's actually owned by meta, and their whole thing is to get your kids information early, and so they can, I know, so you gotta, you gotta look at these things you don't know. Now, I sound like a tin hat person, but you gotta look. Brad Crowell 9:41  Yeah, so they have nonprofit partners. It doesn't. It's not really that clear, but—Lesley Logan 9:45  Use it your own risk. Brad Crowell 9:46  We'll figure that out. You know.Lesley Logan 9:47  You, you know, be thoughtful. All right. Well, that's that at least gives you an actual step to be it till you see it in your advanced directive. And I know it comes after tax day. And look, no one likes taxes. But the reality is, is, if you vote in your primaries for the people that you think will to put your tax dollars to work the way you want. You have a better chance of getting that in the major part in November. So go vote. Primaries are happening all over the place right now as we speak, and so please go take care of that. Okay. Brad Crowell 10:17  1,000% Lesley Logan 10:18  Yes! Lesley Logan 10:19  So important.Lesley Logan 10:19   I know. Brad Crowell 10:20  All right, let's shift gears here. So coming up next, we got spring training happening in May, May 12 through 17th. So if you want to do Pilates at home, we're going to be going upside down in a bunch of different ways, with some really fun classes led by all the OPC team. And if you want information about that, it's probably already available for you to jump into— Lesley Logan 10:39  Oh yeah, you can sign up right now.Brad Crowell 10:40  But go to opc.me/events, opc.me/events. Also eLevate 2027 we have only a few spots left. I think it's possible that they're already sold out. But if you were really interested in a deep dive of classical Pilates with Lesley, it's a nine month mentorship program for certified Pilates teachers. We're going to be kicking it off in January next year. Learn more about that at lesleylogan.co/elevate. Lesleylogan.co/elevate. And you and I can hop on a call. We'd love to explain more about it with you. And then finally, we have summer tour coming up. Lesley Logan 11:14  I know that's so crazy. It's going it's a fast. Brad Crowell 11:16  it's a bit ahead of schedule here. That's in August. Lesley Logan 11:19  If it's in August, we open the doors in May. Brad Crowell 11:21  So that's exciting. We can't wait. It's gonna be awesome this year. We have a different route. I was just reviewing it with the team. We're going to be going, like, directly across the country, straight across all the way to Tennessee and back. So we're doing, like, a big, long oval in the middle of the country, hitting—Lesley Logan 11:35  We're not going to go up into the Michigan?Brad Crowell 11:37  We're not I was, I was—Lesley Logan 11:39  We lied to everybody. Brad Crowell 11:40  We lied to everyone last week and the week and the week before. Yeah, 100% we are hitting Dallas, though we're gonna catch that on the way back. Lesley Logan 11:46  Okay, I feel like a little sad for our Chicago Michiganders, you know. Brad Crowell 11:52  Yeah, I definitely—Brad Crowell 11:53  All those people. Brad Crowell 11:54  Well, we were just there in September in Chicago.Lesley Logan 11:56  I know, but it's not. We weren't in Minneapolis. Brad Crowell 11:59  We will work it out. We'll work it out. But this tour is going across the country, and, yeah, but, but come join us if you're able to, you know, find out all the information at opc.me/tour. Lesley Logan 12:08  I'm really excited! I realize I didn't sound as excited as I am. I'm just, I like, I had it in my head that we were, like, doing the middle, and we're doing a different middle. Lesley Logan 12:18  We are doing the middle.Lesley Logan 12:19   It wasn't clear. I wasn't clear— Brad Crowell 12:20  Yeah it's a different middle—Lesley Logan 12:21  I manifested the wrong oval. Brad Crowell 12:23  (Laughs)Lesley Logan 12:23  Okay, noted for next time. Well, before we get into the episode, what is the question of the week? Lesley Logan 12:30  Yeah, so, okay, this is from advocate_pilates on Instagram. She asked, Hey, Lesley, what mat do you use? Does it have good grip, and do you use it for Mat Pilates? Yeah, yeah. So I don't I have a mat that's just for Pilates, and I have a mat that's for yoga, and that's intentional. They are two different practices. They require two different needs. So I use a contrology mat for Pilates. It has a firm density, which doesn't mean it's hard as a rock. It's actually quite great for when you roll on it, you don't have to worry about, like, touching the floor or anything like that, but it's firm enough to do plank so your wrists don't have any issues, and shoulders have any issues. And we have an incredible affiliate link that you can use to get a discount on that mat as handles. Brad Crowell 13:11  It's opc.me/foldingmat, foldingmat. Lesley Logan 13:16  And as far as, like, good grip, I'm imagining you mean on the floor. And so what I would say is, like, I you probably would put a pad down if you had hardwood floors, because there is, like, some metal on the bottom that you don't want to scratch your hardwood floors, and that would keep it from sliding around. Pretty much any mat. You should all be mindful of stepping on mats on hardwood floors, because a lot of mats will slip around. So even if they have good grip with your skin. They always have good grip on the hardwood floors. We have tile and we have a rug. So it doesn't slide around on our tile. It doesn't slide around our rugs. It is a heavy duty. Brad Crowell 13:49  I mean, it's, it weighs like, you know, 20 pounds. Brad Crowell 13:52  Oh, yeah. Brad Crowell 13:53  It's not light, yeah. It's not like a, it's not a, this is not a yoga mat.Lesley Logan 13:56  No, no, no. So Dan, so I it is an investment. But to me, your mat practice is something you're going to do forever, and it's something, well, this mat, you'll buy one, and you'll have it forever, and there's that. So that's what's really great. Versus my yoga mat.Brad Crowell 14:09  Buy one get that one forever,Lesley Logan 14:11  Get one forever. Yeah, yeah, yeah. Versus my yoga mats that I inevitably have to replace even every 10 years because they start to just fall apart, Yep, yeah.Brad Crowell 14:21  Well, if you have a question, ping us. Let us know. Send us a text. 310-905-5534, or, you know, and easier is go to be it pod.com/questions we can leave us either a win or a question. We are looking forward to getting those from you so we can celebrate your wins on Fuck Yeah Friday, fuck yeah. Stick around. We'll be right back. We're gonna start chatting about Billy Lhar.Brad Crowell 14:46  All right, let's talk about Billy Lahr. Billy is the creator and host of the Mindful Midlife Crisis podcast and a Certified Mindfulness Meditation Teacher with a background in education and behavior change. He spent over two decades working in education, including Leadership roles before stepping away in 2021 since then, Billy's focused on coaching and consulting while living and working internationally. Definitely describes himself as a nomad. He also facilitates the Jump Start, Jump Start Conversation Series, a free weekly conversation space that's relaxed and collaborative, where coaches often join to connect with peers and share perspectives without the pressure of performing. We're gonna put the link for that in the signup notes below. So if you're interested in that, if that's something that you know you want, like a support group kind of vibe or just a hangout community, sesh, you know, go check that out.Lesley Logan 15:31  Yeah, I think this is really fun. I love that. He said he's not a fan of getting out of your comfort zone to grow. I think that's great. It's like— Brad Crowell 15:40  He said, fuck that. I've been working hard to get into my comfort zone.Lesley Logan 15:42  Yeah, I resonate with that. Because, like, so many of us are, like, trying to figure out who we are. And so, like, it's kind of hard to, like, figure who you are and then get out of your comfort zone if you don't who you are. And but he said to be cautious when we get into the complacency zone. Brad Crowell 15:56  Yeah, I thought that was a cool term—Lesley Logan 15:57  I think that's, I think that that's really, we see that happen all the time with people who teach Pilates, like, sometimes they just get like, they're just like, going through the motions. And, you know, they it's not that they lost their zest for it, but something kind of happened along the way. Maybe they were restricted in too many ways, and they're just like, okay, I'm just gonna do this. But there's no it's okay to be in your comfort zone. Just notice, if you're in your complacency zone, what a great thing. He also suggested, like expanding your life from within, rather than forcing yourself into discomfort from the outside. And I mean, I think, look, here's the deal. We do understand that, like diamonds are made from pressure, and stressing your bones is how you make healthy bones, and stressing your muscles is how you make healthy muscles, like all that stuff is very, very true, but I do think that some people are constant, like, like, they're constantly putting themselves into experiences that maybe is too much, that they're going like, you're doing too much working out, or you're doing too much stress on the bones, and so you're never actually reaping the rewards and the benefits of those things. And so he actually likened it to you you stretch your comfort zone, like pizza dough from the inside. Brad Crowell 17:04  Yeah, I thought that was really interesting. I like the vision, he said. He said, Only heathens pull your pizza dough. You have to press it from the middle. You got to press it from the inside to expand your pizza dough.Lesley Logan 17:14  Yeah, that's why. But I think that just goes—Brad Crowell 17:16  Before we got talking with pizza zone. I want to just define complacency zone, because, you know, comfort zone versus complacency zone, Comfort, he's his argument is that it's okay to be in your comfort zone, but you can get complacent once you get there. And I look, I was just thinking about it, it's like a stagnant place. It's where you're stuck, you know, and you're you're also, it's not just that you're stuck, but you're also, like, unwilling to change. You are resisting change, right? And you're relying on familiar, outdated routines. So, you know, I think that there's definitely a difference between being in the comfort zone and being in a complacency zone. But I do like this the analogy of, like, stretching like a pizza dough, you know?Lesley Logan 17:54  Yeah, I do too. Pilate is all about moving from your center outward. And I also think, like, sometimes people are easy to just go, Well, I'm just gonna change the outside. I'm gonna change from the outside in versus the inside out. Brad Crowell 18:05  Yeah. Yeah.Lesley Logan 18:06  Because a lot of the things you get marketed to are, like, outside, exterior, like, you know, what do you call it? Like external things or physical things? It's not necessarily like getting to know who you are. And so I think that there's something about, you know, it's not, I don't think he's advocating that you just like, sit around in your comfy couch and just like, chill out. But I do think it goes back to like, how we coach studios, like, we want your business to be a little boring, not that you're complacent, but that it's predictable, right? That that it's okay to be in a comfortable place with your business, that it's predictable in its seasons, you'll still have to keep learning. There'll still be new tools to know. There's still going to be things out there that are going to stress you in a different way, but you don't have to find new ways to challenge yourself and get outside your comfort zone all the time. You can. You can actually have some predictability there, as long as you're not complacent. I like it.Brad Crowell 18:53  Yeah. So, you know, when he was talking about pushing back against negative, this idea of being selfish, I was laughing so hard, because we've been talking about this for a long time, that self-care isn't selfish, and I really loved that we're not the only one talking about it. He said, there's not necessarily something wrong with being selfish if you've been overly selfless, right? Like, because I think we get into this, you two are really digging in, you know? And he's saying, you know, we, we think that when we're selfless, we're quote, unquote correct or right, and then when we are selfish, we're wrong, right. And what he was saying is, like, those are both actual extremes. Yeah, you know, what if we were grounded or self centered? Or, what if we focus about centered self, not like, in a negative way, but like, how do we— Lesley Logan 19:49  I know, so—Brad Crowell 19:50  How can we be both of those things instead of like, one or the other?Lesley Logan 19:53  I know, I think, like, because self centered has such a negative connotation, but like, a centered self is, like, whelmed, right? Like—Lesley Logan 19:59  Yeah. Lesley Logan 20:00  So if, like, selfless and self-ish are overwhelmed and underwhelmed, right, then centered self would be whelmed, right?Brad Crowell 20:07  It'd be right in the middle and and that allows you to protect yourself, you know, to put yourself first in some situations and then in others still, of course, you know, serve others, and that's good. But—Lesley Logan 20:20  We have, we have a series coming out about like, giving yourself permission to become whatever it is that you want to be. And there's actually, like, this term called the permission gap that I get into in the episode series that I created. And it's actually all because the way society is is it raises women to feel that they are selfish if they prioritize themselves first, yeah, and so they must care for everyone else's needs ahead of their own, and then they can care for themselves. But there's no time after doing all that—Brad Crowell 20:49  That's, that's just illogical. It's not sustainable. Lesley Logan 20:52  Right. Brad Crowell 20:53  What, what ends up happening is, you're burnt out? Lesley Logan 20:55  Yeah. Brad Crowell 20:55  Yeah. Brad Crowell 20:55  There's a reason why. Like, speaking of Healthcare Advocacy Day, there is a reason why you can actually pay for some way that your health insurance pays someone to take care of you, because it is impossible for someone, or most people, in your life, to take off of work to care for you. There's a reason why we have home health aides, right? Because we—Brad Crowell 21:15  Yeah.Lesley Logan 21:15  We do live in a world where like you can't just like care for other people all the time at the expense of your own self?Brad Crowell 21:22  Yeah, yeah, yeah. That's the that's the key. That's true. Well, you know, anyway, I just thought they were great topics. So stick around. We'll be right back. We got some really fun BE IT action items from Billy Lhar as well. So we'll be right back.Brad Crowell 21:36  Alright, so finally, let's talk about those BE IT action items, what bold, executable, intrinsic or targeted action items can we take away from your conversation with Billy Lhar. He said he rejects the standard social question of, like, what do you do? And I found this really intriguing, because I love that what do you do is an open ended question, and I'm always interested, I asked that's exactly the question that I ask, what do you do? Because what people how they respond to that question tells me a lot, because when they turn around and say, what do I do? I say, I sleep a lot, or I play video games or, you know, but what they're implying with the question is, what do you do for work? So that's kind of interesting to me, but I loved that he like, he's like, no, screw that. Because people always answer with what do they do for work, which is, is boring. And I thought that was—Lesley Logan 22:22  Not what I do for work, but, you know, but other people are boring. (Laughs)Brad Crowell 22:26  No, but he. here's the thing, effectively, he doesn't want to talk about what he does for work, because he said, he said, I was an English teacher. That's boring, you know. So, you know, what he started doing instead was asking people different questions, and he said they often were like, like shocking or eye opening, or like, whoa, you're we don't even know each other, and you're asking me this kind of question. And he said he the question he likes to leave with is, what are 10 roles that you play in your life, 10 roles that you play in your life, right?Lesley Logan 22:56  Yeah, yeah. I think I would make it three. I feel like I don't want to sit there long enough (inaudible)—Brad Crowell 23:01  First five are always the same. What are your 10 roles? I'm a daughter, I'm a sister, I'm a mom, I'm a wife, I'm a husband. Whatever. He said, It's always that crap. But then once they get through that crap, then they have to tell you something interesting about themselves. What like because they run out of they run out of the obvious things. So then they think about it, and then they have to tell you something. So that's, I think that might be part of why it's 10. He argues that a person's value and interest lie in the various roles that they play outside of those standard things. Like, I'm a paddle boarder. I'm this, I'm a, you know, like, I'm a, I'm a long haul driver for when we go on tour. I'm a I sit behind a booth. I'm a boother. (Laughs)Lesley Logan 23:44  (Laughs)Brad Crowell 23:47  Just making shit up here. He said, he said, also, you know, it helps, because you're not just one thing in your life, and so it like battles complacency when you're when, when you're engaging people on these other things that they're excited about. So—Lesley Logan 24:02  Yeah, I think that's cool, I guess, I guess you're right. You have to go to 10. That's just a big question. If I don't know if I want to talk to that person for that long. Brad Crowell 24:10  Yeah, I feel like that makes sense.Lesley Logan 24:11  He's clearly interested in people, and I'm like, I you know, we can go. Brad Crowell 24:15  What about you? Lesley Logan 24:16  I, okay, so he said, follow your passion is complete and utter nonsense. Brad Crowell 24:21  (Laughs)Lesley Logan 24:21  I think this is so funny. Brad Crowell 24:23  I liked his logic here. I thought this was pretty awesome actually. Lesley Logan 24:26  He said, and I think this is helpful, because, like, people are always like, what am I passionate about? Like, what's my hobby? Like this—Brad Crowell 24:31  Yeah, what should I do? Lesley Logan 24:32  What should I do for like, passion is not a starting point. Passion is a byproduct of this formula. Step one, figure out what you are good at and your strengths. So we have had many a strength finder type coach on here. Oh yeah, so you can go talk to any of them. They are so many. From day one of this podcast, there's been so many. And then he said, jumps he has— Brad Crowell 24:54  He's got a workbook. Lesley Logan 24:54  He's a workhouse, workbook called Jump Start Your Midlife Workbook, and you could take that. So that's part of step one. Got to figure out what you're good at, what are your strengths? Step two, what are you curious about, and how can you leverage those skills and those strengths to learn more? So there's a Venn diagram I'm imagining. This is how I picture it, your skills, your strengths, and what you're curious about. And then dude in the middle, there's like you. And then you take that to find a community. So find people you can connect with, and they'll help you. That will help you identify your purpose. Because even if you don't like them, you'll go, I don't like that. That's not my purpose. And then in then, if you want to turn that purpose into a passion, you just multiply that by consistency, discipline, patience and self-compassion. So then you you put, you know, fuel to that fire.Brad Crowell 25:38  Yeah, and I think that he emphasized the last two and that the patience and self-compassion— Lesley Logan 25:45  Oh yeah. Brad Crowell 25:45  So like when you want to turn something that you're good at into your passion, he said, you need to multiply it by consistency, discipline, patience and self-compassion. And he said, most people, we've all heard you know consistency, persistent and consistent, be persistent and consistent, you know, which, which obviously also means discipline. But he said, we always skip the patience and self-compassion part of it. Lesley Logan 26:10  Yeah.Brad Crowell 26:11  Because you're gonna fail and it's also not gonna happen overnight, whatever it might be. Lesley Logan 26:15  Yep.Brad Crowell 26:15  You know.Lesley Logan 26:16  Yep. I agree. I think radical self-compassion is important.Brad Crowell 26:21  Radical self-compassion.Lesley Logan 26:22  Yes. Brad Crowell 26:23  I dig it.Lesley Logan 26:23  Yes. Just like radical responsibility. That's my right, my favorite phrase right now, I want more people to take it. Um, you guys, I'm Lesley Logan and I'm Brad Crowell. This sinus infection will pass and, but not on next week's episode. So just a heads up. We got one more and, but we're working on it. You know we are, and I appreciate your patience and the self-compassion I'm having for myself and the compassion you're having for me. Send his episode, or this one to a friend who needs to hear it. Send your be it pod wins and and your questions into beitpod.com What does it beitpod.com/questions Yeah. Send them there. And until next time, be it till you see it. Brad Crowell 26:56  Bye for now. Lesley Logan 26:58  That's all I got for this episode of the Be It Till You See It Podcast. One thing that would help both myself and future listeners is for you to rate the show and leave a review and follow or subscribe for free wherever you listen to your podcast. Also, make sure to introduce yourself over at the Be It Pod on Instagram. I would love to know more about you. Share this episode with whoever you think needs to hear it. Help us and others Be It Till You See It. Have an awesome day. Be It Till You See It is a production of The Bloom Podcast Network. If you want to leave us a message or a question that we might read on another episode, you can text us at +1-310-905-5534 or send a DM on Instagram @BeItPod. Brad Crowell 27:40  It's written, filmed, and recorded by your host, Lesley Logan, and me, Brad Crowell. Lesley Logan 27:45  It is transcribed, produced and edited by the epic team at Disenyo.co. Brad Crowell 27:49  Our theme music is by Ali at Apex Production Music and our branding by designer and artist, Gianfranco Cioffi. Lesley Logan 27:57  Special thanks to Melissa Solomon for creating our visuals. Brad Crowell 28:00  Also to Angelina Herico for adding all of our content to our website. And finally to Meridith Root for keeping us all on point and on time.  Brad Crowell 28:13  All right, let's talk about Billy Lhar. Billy is the creator and host of the Mindfulness, Mindful Midknife (inaudible).Lesley Logan 28:18  (Laughs)Brad Crowell 28:18  (Inaudible). Starting over.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

3-7-26 show

If you've been punting your estate planning all year, this is your wake-up call. In this episode, I bring in Griffin Bridgers—a recovering attorney who lives in this space—to tear down the myths and get you moving before the holidays eat your calendar. We get real about why estate planning slips to the bottom of the list: nobody wants to think about death, and everybody swears they'll “get to it later.” Later rarely comes. We start with basics that most people still miss: your will's validity, witness requirements, and why “perfect is the enemy of good.” Get the core documents done, then build the habit of revisiting them as your life changes—because it will. Your family changes. Your relationships change. Your appointees change. Set-and-forget is a fantasy. Review is the job. Then we crack open the myths: “The bank has my beneficiary, so I'm covered” (no, that's not a plan), and “my attorney has the originals, so I don't need to track anything” (do your people even know how to reach that attorney—or if they're still practicing?). This is where good intentions die and heirs get stuck. Business owners—this one's for you. Your buy-sell is not a checkbox. It's a minefield of human behavior, valuation drift, liquidity shortfalls, “I'm done working but still own 50%” scenarios, and spouses who don't agree with your sweetheart deal. If you don't define the rules, a judge will. Griffin's core punchline is simple: death is never easy, but you can make it easier. Start with the “who” and the “how.” Review your will, trusts, POAs, and—crucially—the people you've named. Educate them on their roles. Create an instruction manual so someone can actually run the playbook when you're gone. Then get your corporate docs in one place, with minutes and filings current. Organize first. Then review. Then fix. Watch the full episode here: https://youtu.be/7ZRs0r_XCVsAs always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!Twitter, FaceBook, Instagram, Tiktok, LinkedinDISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

In this episode of Beer and Money, Ryan Burklo and Rob Bukacek delve into the intricacies of estate planning, focusing on a sample client with a $4 million estate. They discuss the importance of revocable living trusts, the avoidance of probate, and the management of assets to ensure they are passed on to heirs in a protected manner. The conversation also touches on the implications of spousal trusts, estate taxes, and strategies for safeguarding assets for future generations, emphasizing the need for careful planning to protect family wealth. Check out our website:  beerandmoney.net Find us on YouTube: https://www.youtube.com/@beerandmoney Subscribe to our newsletter: https://www.quantifiedfinancial.com/subscribe-now Check out our Instagram: https://www.instagram.com/ryanburklofinance?igsh=ZTJzN3Jnajd5M2Mw For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Estate planning is crucial for high-net-worth individuals. Revocable living trusts help manage assets and avoid probate. It's important to consider potential issues with heirs, such as addiction or financial irresponsibility. Amendments to trusts may be necessary as laws and family situations change. Life insurance can impact estate tax considerations significantly. Understanding state-specific estate tax exemptions is essential for planning. Credit shelter trusts can protect assets from creditors and divorcing spouses. Trusts can be structured to provide for children while protecting their inheritance. Parents should consider how to manage their children's access to wealth after their passing. Effective estate planning requires ongoing education and adjustments.  Chapters 00:00 Introduction to Estate Planning 03:02 Understanding the Sample Client's Estate 06:14 The Role of Revocable Living Trusts 09:00 Avoiding Probate and Managing Assets 11:57 Navigating Spousal Trusts and Estate Taxes 17:51 Protecting Assets for Future Generations

What is Support and Maintenance in a Revocable Living Trust?

Estate planning isn't just for the wealthy—it's for anyone who wants to protect their family, avoid costly legal battles, and pass on assets with peace of mind. In this Jake & Gino episode, we sit down with Zach Tsakiris, founder of FastWill, a revolutionary platform making estate planning fast, affordable, and accessible from home.We cover why 70% of Americans don't have an estate plan, the hidden risks of letting the state decide for you, and how technology is disrupting the traditional (and expensive) attorney model. Zach breaks down the difference between a will and a trust, why a revocable living trust can save your loved ones from probate headaches, and how life events like marriage, having kids, or buying a home should trigger an update to your plan.Whether you're starting from scratch or updating outdated documents, this conversation gives you the tools to take control of your legacy—without the intimidation or high costs of the old way.Protect your assets. Protect your family. Start your estate plan today. Chapters:00:00:00 - Introduction00:06:17 - Common estate planning mistakes to avoid00:14:04 - How FastWill disrupts the attorney model00:18:36 - When to start your will & trust (life events that matter)00:20:56 - Updating existing documents with FastWill00:28:43 - How long it really takes to complete your estate plan00:30:54 - Ideal age to start estate planning00:32:50 - 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)

5 Reasons to Create a Revocable Living Trust We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session at the link in our bio. #estateplanning #probate #realestate #wealth #trusts #legacy #estatetaxes

The 3 main characters in a revocable living trust. Need estate planning or probate help? Click to set up your free consultation - https://cmslawfirm.com

3 Reasons to Have a Revocable Living Trust. Need estate planning or probate help? Click to set up your free consultation - https://cmslawfirm.com

In this episode, Dr. Preston Cherry breaks down estate planning trusts and why they matter for high-income and high-net-worth folks—not just the uber-wealthy. He explains three key types: Revocable Living Trusts, Irrevocable Life Insurance Trusts, and Charitable Remainder Trusts, showing how they help protect assets, reduce taxes, and ensure your wishes are honored.Key Points:• Avoid probate hassles• Stay in control (Revocable Trusts)• Reduce estate taxes (Irrevocable Trusts)• Support charities & save (Charitable Trusts)• Ensure asset protectionWant to learn more? Connect with us below!Stay informed and inspired! Join our FREE wealth & well-being newsletterDo you want confidence & clarity? Check out our award-winning wealth advice servicesGrab Your Copy of Dr. Cherry's book ‘Wealth In The Key of Life'Information on the Life Money Balance Podcast is for educational purposes only, not financial advice. Review our disclosures: https://www.concurrentfp.com/disclosures/

Annual fees and maintenance on a revocable living trust. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session at the link in our bio. #estateplanning #probate #realestate #wealth #trusts #legacy #estatetaxes #lawyer #attorney #taxes #money

How to fund a revocable living trust. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session at the link in our bio. #estateplanning #probate #realestate #wealth #trusts #legacy #estatetaxes #lawyer #attorney #taxes #money

Sometimes it is better to have a Will or sometimes it is better to have a Revocable Living Trust. The decision tree chart generally discusses situations when it is better to have one or the other (other factors are sometimes considered).

Alessandro Chesser was one of the leading sales executives at Carta for 7 years. They always talked about helping Founders set up Trusts to preserve wealth - but it never launched. In February of 2022 he left to launch Dynasty and make the Trust process easier for Founders. Why South Dakota? Revocable or Irrevocable? 0% tax or 40% tax? We talk about it all live. 

It's a common question - should I create a Revocable Living Trust or an Irrevocable Asset Protection Trust? Answer: Maybe both! Michele Procino-Wells, Esq. and Amber B. Woodland, Esq. are together in this episode to dispel a few myths about the use of trusts in Delaware. Their conversation uses a case study to illustrate how for most families, creating a trust (sometimes two!) is the perfect solution to meet their estate planning goals.

How much maintenance is required for a revocable living trust? We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session at the link in our bio. #estateplanning #probate #realestate #wealth #trusts #legacy #estatetaxes

Legacy planning is a personal and often avoided topic, but it is crucial to make decisions while you're still alive to avoid someone else making them for you. The state of South Carolina has a plan if you don't have one, which can put your loved ones in a difficult situation. Proper legacy planning involves checking beneficiaries, account types, considering a revocable living trust, managing non-qualified accounts, and planning for the sale of a business or property. Like what you hear? Get a second opinion today

Matt rejoins the podcast to talk about a first step toward estate planning: trusts. That may sound wonky or boring, but stay with us – not only do we make it geopolitical, we make it philosophical, interesting, and relevant. Come for the intersection of politics and planning, but stay for the important points about privacy at the end as well. --Timestamps:(00:00) - Intro(00:28) - Overview of Trusts and Geopolitical Context(02:59) - Historical Origins of Trusts(10:09) - Modern Trust Structures and Legal Nuances(15:33) - Revocable vs. Irrevocable Trusts(19:08) - Categories and Types of Trusts(29:12) - Understanding Revocable Trusts(29:34) - The Role of Trustees and Asset Protection(29:53) - Privatizing Decision Making with Trusts(30:41) - Irrevocable Trusts and Third-Party Trustees(32:31) - Who Needs a Revocable Living Trust?(33:38) - The Probate Process and Intestate Succession(35:32) - The Importance of Structured Estate Planning(38:16) - Advanced Estate Planning Strategies(41:13) - Demographics and Estate Planning(52:00) - The Impact of the Corporate Transparency Act(54:38) - The Importance of Privacy in Estate Planning(59:10) - Concluding Thoughts and Final Advice--Referenced in the Show:--Jacob Shapiro Site: jacobshapiro.comJacob Twitter: x.com/JacobShapCI Site: cognitive.investmentsSubscribe to the Newsletter: bit.ly/weekly-sitrep--Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients' material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).--Disclaimer: Cognitive Investments LLC (“Cognitive Investments”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Cognitive Investments and its representatives are properly licensed or exempt from licensure.The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisorThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacyPodtrac - https://analytics.podtrac.com/privacy-policy-gdrp

When Is a Will Appropriate VS A Revocable Living Trust VS An Irrevocable Trust? -- If you want to talk more about estate planning: https://oconnorelderlaw.com/strategysession1/ -- We do estate planning. We do probate. And we do it well. Our firm rests on three core pillars: 1. Family protection 2. Family opportunity 3. A plan that works when it's needed If you need estate planning or probate help, we should talk. The easiest way to do that is to click the link below and choose a date and time that work for you (over the phone or in person). Melissa O'Connor is the owner of O'Connor Law. She created it with one goal - help YOU live a great life and leave a great legacy. You'll find information here on elder law, medicaid trusts, medicaid planning, guardianship, estate planning, probate, revocable living trusts, irrevocable trusts, life insurance trusts, charitable giving, wills, trusts, power of attorney, medical power of attorney, trustee selection, and everything in between. -- How to find us out there in the world... Instagram = https://instagram.com/oconnorelderlaw Facebook = https://www.facebook.com/oconnorelderlaw/ TikTok = https://tiktok.com/elderlawyer iTunes = https://podcasts.apple.com/us/podcast/elder-law-and-estate-planning-with-melissa-oconnor/id1482527268 YouTube = https://www.youtube.com/channel/UCxEEHNjRytI6n776SQIZTHA LinkedIn = https://www.linkedin.com/in/oconnormelissa/ #estateplanning #probate #family #money #medicaidattorney #estateplanningattorney #taxes #elderlawattorney #medicaidlawyer

We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session here -> https://cmslawfirm.com/

In this special 40-minute episode, of Financial Detox® Jason Labrum and Co-hosts Alex Klingensmith team up with Brian Raftery, a partner in Dentons' Trusts, Estates and Wealth Preservation practice and currently serves as co-leader of the US Region. Together, they tackle the ins and outs of estate planning with precision and expertise. Join the trio as they delve into the essential aspects of estate planning, uncovering common pitfalls and emphasizing the proactive approach needed for success. Brian sheds light on the importance of a revocable living trust and asset transfer strategies, providing listeners with invaluable insights. The discussion extends to the intricate realm of estate taxes, examining potential legislative changes and their implications for estate planning strategies. With a focus on California's unique landscape, they explore complex topics such as estate tax exemptions, foundational documents, and advanced techniques like spousal lifetime access trusts (SLATs). Additionally, the episode delves into sophisticated strategies like utilizing LLCs and discounting to optimize estate planning outcomes. 00:00 Introduction and Overview 02:14 Defining Estate Planning and Common Mistakes 05:19 The Importance of a Revocable Living Trust 07:31 Avoiding Probate and Ensuring Asset Distribution 10:22 Understanding Estate Taxes and Potential Changes 15:50 State-Specific Estate Tax Laws 19:35 Foundational Estate Planning Documents 21:38 Potential Changes to Estate Tax Exemptions 23:24 Spousal Lifetime Access Trusts (SLATs) 25:06 Utilizing SLATs for Estate Planning 31:41 Maximizing Estate Tax Benefits with LLCs and Discounting 39:05 The Importance of a Comprehensive Estate Planning Team More on Financial Detox Buy the Book Subscribe and view episodes on Youtube Follow and learn more about our IDA Wealth Advisers:  Website Linkedin Instagram Facebook Youtube More on our guest Brian E. Raftery is a partner in Dentons' Trusts, Estates and Wealth Preservation practice and currently serves as co-leader of the US Region. He is also the global co-leader of the Dentons Family Office and High Net Worth sector which provides cross-practice services to family offices and high net worth individuals. He was also awarded Best Lawyers in America, Trusts and Estates in 2020-2024. #markets #financialplanning #financialdetox #Idawealthadvisers #estateplanning #revocablelivingtrust #assets #SLATs #sunsettax #gifttax #clifftax #californiaestatetax #tax #TCGA #trust        ___________________________ Disclosures

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

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

Ever feel tangled in the complex web of trusts and estate planning? Fear not, we've got your back! In this enlightening episode, we layer back the mystique of trust drafting, diving straight into the heart of revocable living trusts, irrevocable trusts, and the stealthy convertible trust. We take a magnifying glass to the unique features nestled within each type, demonstrating how you can harness them to serve your specific needs. You'll see how an irrevocable trust, despite its sturdy exterior, can protect your assets while still allowing you to draw an income, all under the watchful eye of a trusted fiduciary. Turning the page to estate planning, we illustrate the sheer power of a trust in your estate plan. Want to talk to an estate planning and elder law attorney for free? We share the golden path to free legal advice and set the stage for what to expect during a no-strings-attached consultation with an attorney about your estate plan. We also dispel common concerns about irrevocable trusts, bringing to light the concept of a convertible trust - the Swiss army knife of trusts, boasting the adaptability of a revocable living trust with the protective armor of an irrevocable trust. Get ready to conquer the world of trusts and estate planning! Tune in, sit back, and enrich your knowledge.

In this 2-minute episode Brian discusses what a revocable living trust is and how it's used. 

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

In this 2-minute episode Brian discusses a revocable living trust and how it is used. 

I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of precedence beneficiary assignments being spouse, then children in equal shares. I understand this order of precedence is followed when no beneficiary forms are on file. I have not submitted any beneficiary forms.  Are there any advantages/disadvantages of filling out beneficiary designation forms to restate this assignment? What are the advantages/disadvantages to naming my Revocable Living Trust (husband and wife) as beneficiary? https://bit.ly/3r7E0d9

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

A revocable living trust does NOT provide asset protection. If you have questions about this or anything else related to probate, and you want to talk with us, over the phone, for free, just go to https://cmslawfirm.com and set up a time to chat. #estateplanningattorney #probatelawyer #family #money #medicaid #estatetaxes #wealth #kids #taxes #realestate

Three reasons you need a revocable living trust. If you have questions about this or anything else related to probate, and you want to talk with us, over the phone, for free, just go to https://cmslawfirm.com and set up a time to chat. #estateplanningattorney #probatelawyer #family #money #medicaid #estatetaxes #wealth #kids #taxes #realestate

Does a revocable living trust give you asset protection? If you have questions about this or anything else related to probate, and you want to talk with us, over the phone, for free, just go to https://cmslawfirm.com and set up a time to chat. #estateplanningattorney #probatelawyer #family #money #medicaid #estatetaxes #wealth #kids #taxes #realestate

What do you need to know about any advantages/disadvantages of filling out beneficiary designation forms to restate this assignment? And what are the advantages/disadvantages to naming my Revocable Living Trust (husband and wife) as beneficiary? https://bit.ly/3CG4hS6

The most well known end of life estate planning document is the Last Will and Testament. Michele Procino-Wells and Amber B. Woodland are together to discuss this common document and how our wishes for our personal possessions can be addressed within our overall plan. Don't miss this foundational knowledge, and then refer to our Revocable Living Trust episode in follow up.

In this episode of Mastering Your Financial Life, Judy Heft interviews Allison Dolzani, a partner at Julie Kessler LLP. A boutique law firm dedicated to trusts and estates since 1946, Julie Kessler LLP offers estate planning solutions designed to maximize estate, gift, income, and generation-skipping tax efficiency. ​ Tune into the episode to learn: When to consult an estate planning attorney The reasons a couple may want to consider a pre-nuptial or post-nuptial agreement The types of clients Allison and her firm generally service The differences between a Will a Revocable Living Trust and why Allison recommends one over the over Allison specializes in estate planning, estate administration and Surrogate's Court practice. She represents both domestic and international individuals and multigenerational families in sophisticated estate planning, with an emphasis on minimizing the impact of gift, estate, generation-skipping transfer and income taxes. Connect with and learn more about Allison Dolzani: Connect with Allison Dolzani on LinkedIn: https://www.linkedin.com/in/allison-e-dolzani-esq-29365080 Visit Allison's business website: https://www.jandklaw.com/ Email Allison: adolzani@jandklaw.com In each episode of Mastering Your Financial Life, Judy Heft interviews professionals who help others successfully manage their financial lives. Judy is a Financial and Lifestyle Concierge and Founder & CEO of Judith Heft & Associates. Connect with Judy Heft on LinkedIn: https://www.linkedin.com/in/judyheft/ Visit Judith Heft & Associates' Website: http://www.judithheft.com/ Subscribe to Mastering Your Financial Life on Apple podcast: https://podcasts.apple.com/us/podcast/mastering-your-financial-life/id1628822980 Don't miss a video by subscribing to Judith Heft & Associates' YouTube Channel: https://www.youtube.com/channel/UCxnWUm35dJhmCX0XPX_eZhQ

As we've spoken about before, Anthony can be your professional executor, even if you don't live in New York. We have been seeing many inquires from out of state lately, and these are the top 5 looking for Anthony to be their professional executor. We are located in New York, so we are not including New York inquiries on this list. While this isn't a scientific study, this is what we are seeing based on our daily calls. Georgia First on the list, much to our surprise, is Georgia. Maybe because it is retirement friendly, which we have learned that it is. There is low sales tax, no inheritance tax, low income tax, real estate is “more bang for your buck” compared to other states, and it's warm and super friendly. Although it is retirement friendly, we aren't seeing that there is a large network of professional executors there. It works out for Anthony, since he spends most summers in Atlanta and is very familiar with Georgia. New Jersey This is less of a surprise, as it's right across the river. We've found that a lot of New Jersey folks seek out New York professionals, thinking they will get a “city caliber” professional. It doesn't matter where your executor lives, the fee is set by New Jersey state law. So, whether it's a professional executor or a non-professional such as your nephew, they will get paid exactly the same. So, you may as well get the most for your money. And for Anthony, he's in New Jersey often, so this is fairly easy for him. Texas Third on our list is Texas, and we don't really have an explanation for this one. Perhaps, like Georgia, maybe it's a good place for retirement. Again, while searching online, we are not many professional executors. But why Anthony? The only thing Anthony can think of is that in real life, he tends to get along well with Texans. Maybe the viewers and listeners sense that and want to work with him? After all, a professional executor is someone you will work together with, at least annually, so you should definitely have a good rapport. This state also works for Anthony, because he does travel to Texas often. California Fourth, and possibly the most surprising is California. It's far from New York and on paper, it doesn't seem like a good fit. California even as a fairly robust local professional fiduciary industry. They even have a certification and a trade association for professional executors. But for whatever reason (maybe the requirement of upfront fees by CA executors), clients want Anthony all the way in New York. Believe us, he is happy to serve in California – he loves it there! Florida Last, but not least is Florida, and this makes the most sense. It's a huge retirement state. However, for legal reasons, serving as a professional executor is problematic. Anthony can't actually not serve as a professional executor in Florida, because he doesn't live there. Only blood relatives may be out of state executors. But there are ways to deal with this. Anthony can be a nonresident Trustee for a Revocable Living Trust. Trusts are becoming very common in Florida to avoid probate. Clients who want to work with Anthony find this trustee workaround a great option. And again, he has no problem traveling to sunny, warm Florida, which he does often. If you want to find out what is required of an executor, I suggest reading Anthony's book, “How to Hire an Executor.” Request your free consultation  

Today Sara and Todd talk about a very common misconception that people have about their Revocable Living Trust; does it protect me from Medicaid.  The short answer is "no" but there's more to it than that and also, is it the end of the world if it doesn't?  Again, the answer is "no".Today they talk about why the RLT doesn't work, what does work and what to do if you don't qualify.  It's a quicker episode with lots of good information.Information to help you answer all of your questions about aging.

For many people, the goal in life is to have enough wealth that you can pass it on to people or organizations you care most about, and your advisor should be a key partner in helping you with that estate planning. However, not every financial professional is equipped to help you secure your legacy and give you that peace of mind. In this episode, Laura Stover, RFC® and Michael Wallin, CFP® will discuss the importance of estate planning and how to ensure your financial advisor is qualified to guide you through the process. Listen to their insights on the consequences of neglecting non-probate assets, the advantages of using a revocable living trust for your IRA, and how to determine the right trust structure for your unique situation. There's a lot of great information online to help guide you through this process but if you truly want protection for your estate, you need to make sure you have correct verbiage about how assets go in and when/if they can come out in the future and that's the role professionals play. Our goal is to help you build a plan that's effective and efficient, and we'll share how the LifeArcPlan is designed to help us do that. Redefining Wealth® Custom Blueprint Income Plan: https://redefiningwealth.info/schedule/ Rate, Review and Subscribe to the Podcast: https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188   How to Connect: redefiningwealth.info lswealthmanagement.com Schedule a Review: https://redefiningwealth.info/schedule/   Timestamps (show notes): 4:37 – Why the structure of an inheritance is so important. 8:28 – If you receive an inheritance, how do you approach that extra income from a tax standpoint? 12:19 – The benefits of putting a trust in place. 17:54 – Understanding the importance of beneficiaries. 22:32 – The different type of trusts and how they're structured.  

This episode was recorded on March 10th 2023.Follow me on Twitter @privacypodShow Links:Stalkerware: https://www.theregister.com/2023/02/07/stalkerware_developer_fined/IntelTechniques (List of People Search Sites): https://inteltechniques.com/workbook.htmlThis week's privacy tips:1. Privacy check-up / opt-out from people search sites2. Establish a Revocable Living Trust. Be sure to hire an estate planning attorney.3. Custom domains with Namecheap and add privacy.4. Setup a private mailbox with UPS.5. Use Privacy.com for virtual payment cards.6. MySudo virtual phone numbers. Stop being tracked, and avoid SIM swap attacks!7. Use SimpleMobile or Mint for a pre-paid cellphone option.Not Sponsors:https://www.privacy.com/https://mysudo.com/https://www.namecheap.com/Intro music: The Lockdown“Who controls the past controls the future. Who controls the present controls the past.” - 1984 by George Orwell

Revocable living trust does NOT provide asset protection. -- I love comments. I make these videos specifically to help people with no expectations. Please take a second and say ‘Hi' in the comments and let me and know what you thought of the video… PS - It would mean the world to me if you hit the subscribe button.

The Bible tells us that only God sees the future, but it also says we should prepare for it. Does that include churches? The short answer is yes. Churches need to have an emergency fund just like individuals. In today's Faith and Finance Rob discusses exactly what that looks like. COVID caused a dramatic drop in church attendance and giving. If there was a silver lining, it was that the pandemic removed any doubt that churches need to have cash reserves. But the question remains, How much? The Evangelical Council for Financial Accountability covers this in a great article, Church Cash Reserves: How Much Is Enough? Let's start with why a church emergency fund is so important. Just like with your personal finances, churches need a cushion to ensure that routine expenses are paid on time. Without it, they run the risk of getting hit with late fees. If there's a mortgage on the property, churches need at least a few months' worth of payments stored up to avoid foreclosure if giving suddenly drops. Why would that happen? Well, just one example - it's a sad fact that churches split, and if half the members leave, a church could soon be facing financial calamity. Also, no one wants to have to take a special offering to replace a worn out heating or cooling unit. Or have to start at zero if the church decides to launch a new ministry. So there are plenty of reasons why a cash reserve is essential for a church. The same scriptures that apply to individuals apply to churches. Proverbs 6, Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest." Also Proverbs 21, The wise store up choice food and olive oil, but fools gulp theirs down. Let's say a church has a healthy cash reserve. The work doesn't stop there. Planning and wise management of that fund are necessary because there will always be pressures within the church about how it should be used. Should some of it go toward paying down debt early? Or to be more generous with the staff? Or to start new programs? This leads us back to the original question: How much is enough for a church's cash reserve? And just how do they come up with that number? Here there are two very different schools of thought. One says the church should have almost nothing in reserve, trusting in God, instead. The other says a church should have an entire year or more's worth of operating expenses in the bank. The correct answer is likely somewhere in the middle, and each church, with its leadership, has to decide what's best. What guides that process? Members need to understand that having a cash reserve is simply the faithful administration of God's resources. This honors God, and the church has to make it a priority, because it represents Christ in the world. Next, it's important to build up the reserve during the good times, especially when the church is growing. It should be part of the budget process - building a cash reserve as giving increases. A church can do that in two ways. One is to budget next year's revenue at, for example, 90% of this year's, or by simply putting a line in the budget for Additions to Cash Reserves. Whichever way a church does this, it's important to separate the reserve money from designated funds. In the event of a revenue shortfall, a church shouldn't be tempted to pay the mortgage with money specifically mandated for something else. And speaking of the mortgage, it's wise to keep mortgage reserves above what the lender might require. It's also important to be specific with cash reserve goals - things like servicing debt, capital replacement and ministry expansion. Also, for any of this to work, leadership needs to communicate the importance of having cash reserves to the congregation. It doesn't show a lack of faith - it's simply good stewardship. Properly communicating clear, specific goals and the progress made toward them might even inspire more faithful giving. And finally, leadership can challenge the congregation along the way to meeting a church's cash reserve goals. Malachi 3:10 comes to mind. It reads, Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no more need. On this program, Rob also answers listener questions: What should you do with $57,000 in an old 401k if you are 58, $38,000 remaining on your mortgage, and you and your husband are employed full time. Should you buy or rent if you are a 73-year-old widow who recently moved to Tampa and are having second thoughts about having purchased a villa that is currently undergoing renovations? What are the benefits and potential costs of establishing a Revocable Living Trust and Medicaid Asset Protection Trust if you and your wife are recently retired and needing to update your estate plan? Should you pay off your mortgage if it would use most of your emergency reserves but then plan to replenish your savings? RESOURCES MENTIONED ON THIS SHOW: http://www.ecfa.org/Documents/Church_Cash_Reserves_(TCN%20Insight)_CHURCH.pdf Remember, you can call in to ask your questions most days at (800) 525-7000 or visit our website at FaithFi.com where you can join the FaithFi Community, and download the free FaithFi app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

The Bible tells us that only God sees the future, but it also says we should prepare for it. Does that include churches? The short answer is yes. Churches need to have an emergency fund just like individuals. In today's Faith and Finance Rob discusses exactly what that looks like. COVID caused a dramatic drop in church attendance and giving. If there was a silver lining, it was that the pandemic removed any doubt that churches need to have cash reserves. But the question remains, How much? The Evangelical Council for Financial Accountability covers this in a great article, Church Cash Reserves: How Much Is Enough? Let's start with why a church emergency fund is so important. Just like with your personal finances, churches need a cushion to ensure that routine expenses are paid on time. Without it, they run the risk of getting hit with late fees. If there's a mortgage on the property, churches need at least a few months' worth of payments stored up to avoid foreclosure if giving suddenly drops. Why would that happen? Well, just one example - it's a sad fact that churches split, and if half the members leave, a church could soon be facing financial calamity. Also, no one wants to have to take a special offering to replace a worn out heating or cooling unit. Or have to start at zero if the church decides to launch a new ministry. So there are plenty of reasons why a cash reserve is essential for a church. The same scriptures that apply to individuals apply to churches. Proverbs 6, Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest." Also Proverbs 21, The wise store up choice food and olive oil, but fools gulp theirs down. Let's say a church has a healthy cash reserve. The work doesn't stop there. Planning and wise management of that fund are necessary because there will always be pressures within the church about how it should be used. Should some of it go toward paying down debt early? Or to be more generous with the staff? Or to start new programs? This leads us back to the original question: How much is enough for a church's cash reserve? And just how do they come up with that number? Here there are two very different schools of thought. One says the church should have almost nothing in reserve, trusting in God, instead. The other says a church should have an entire year or more's worth of operating expenses in the bank. The correct answer is likely somewhere in the middle, and each church, with its leadership, has to decide what's best. What guides that process? Members need to understand that having a cash reserve is simply the faithful administration of God's resources. This honors God, and the church has to make it a priority, because it represents Christ in the world. Next, it's important to build up the reserve during the good times, especially when the church is growing. It should be part of the budget process - building a cash reserve as giving increases. A church can do that in two ways. One is to budget next year's revenue at, for example, 90% of this year's, or by simply putting a line in the budget for Additions to Cash Reserves. Whichever way a church does this, it's important to separate the reserve money from designated funds. In the event of a revenue shortfall, a church shouldn't be tempted to pay the mortgage with money specifically mandated for something else. And speaking of the mortgage, it's wise to keep mortgage reserves above what the lender might require. It's also important to be specific with cash reserve goals - things like servicing debt, capital replacement and ministry expansion. Also, for any of this to work, leadership needs to communicate the importance of having cash reserves to the congregation. It doesn't show a lack of faith - it's simply good stewardship. Properly communicating clear, specific goals and the progress made toward them might even inspire more faithful giving. And finally, leadership can challenge the congregation along the way to meeting a church's cash reserve goals. Malachi 3:10 comes to mind. It reads, Bring the full tithe into the storehouse, that there may be food in my house. And thereby put me to the test, says the Lord of hosts, if I will not open the windows of heaven for you and pour down for you a blessing until there is no more need. On this program, Rob also answers listener questions: What should you do with $57,000 in an old 401k if you are 58, $38,000 remaining on your mortgage, and you and your husband are employed full time. Should you buy or rent if you are a 73 year old widow who recently moved to Tampa and are having second thoughts about having purchased a villa that is currently undergoing renovations? What are the benefits and potential costs of establishing a Revocable Living Trust and Medicaid Asset Protection Trust if you and your wife are recently retired and needing to update your estate plan? Should you pay off your mortgage if it would use most of your emergency reserves but then plan to replenish your savings? RESOURCES MENTIONED ON THIS SHOW: http://www.ecfa.org/Documents/Church_Cash_Reserves_(TCN%20Insight)_CHURCH.pdf Remember, you can call in to ask your questions most days at (800) 525-7000 or visit our website at FaithFi.com where you can join the FaithFi Community, and download the free FaithFi app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Muestra invitada Miriam Toro te comparte cómo puedes sacarle provecho a tu corporación al crear tu Living Trust y tu Plan de Retiro adecuadamente, haciendo uso adecuado de tu corporación. Aquí el tiempo y la información valen oro. Lo que vas a escuchara va a cambiar como ves tu futuro y verás como dejar un legado a tu familia.

#62: Estate Planning experts Patrick Hicks from Trust & Will and Mani Mahadevan from Valur join me to discuss all the fundamentals of estate planning and what you need to do to protect yourself and your family. We also dig deeper into advanced tactics commonly used by high net worth families to mitigate taxes, grow their savings and preserve their wealth for the future.Patrick Hicks, J.D. LL.M.  is Head of Legal with Trust & Will, serving as their General Counsel overseeing all attorney-related operations, including regulatory efforts and legal affairs.Mani Mahadevan is the Founder and CEO of Valur a company created to help entrepreneurs and investors keep more of their hard-earned gains.Full show notes at: https://www.allthehacks.com/estate-planning-patrick-hicks-mani-mahadevan Partner DealsVuori: 20% off the most comfortable performance apparel I've ever wornAthletic Greens: Free 1 year supply of Vitamin D and 5 free travel packsTrustworthy: 20% off The Family Operating System®Daffy: Free $25 to give to the charity of your choice Selected Links From The EpisodeConnect with Patrick: Twitter | Instagram |  LinkedIn | WebsiteConnect with Mani: Twitter | LinkedIn | WebsiteAll the Hacks Newsletter: Protecting Your Family with Estate Planning (what you need to know and do)Trust & Will: Get 15% off any estate plan at Trust & WillValur: Get 3 months of trust administration free when you mention All the Hacks during signupValur Blog PostsValur Charitable Remainder Trust GuideTax Planning Guide for EmployeesSave on taxes even if you have already realized your incomeValur Crypto Tax Planning GuideTrusts 101 Full Show Notes Three core functions of a will and who needs one [1:34]Patrick describes the process that happens when a person passes away without having a will [04:37]Two types of debt and what happens to your liabilities when you pass away [09:00]The core difference between an estate plan and a will [10:53]Common documents found within healthcare documents, the nuances of creating them, and in the case of becoming incapacitated, potential problems of not having one [12:07]Benefits of a revocable living trust and how they compare to a will [16:42]The probate process, time frame, and general expenses involved [19:59]Circumstances to consider when choosing to use a service or online template vs hiring an attorney [25:16]More benefits of choosing to set up a trust [29:10] Administrative and financial responsibilities and requirements of a trustee [30:48]Conversations with the people you've chosen to manage your estate plan [37:04]Updating your estate plan [38:58]Trustworthy storage of your important documents and the importance of telling people how to access them if necessary [40:09]Patrick's tips, tricks, and hacks on protecting your family in the event of your death [41:30]Chris shares the deal that Trust & Will has for All the Hacks listeners [44:29]Overview of tax and estate planning [46:20]Explanation of charitable remainder trusts, how they're beneficial to charities, and how to make the tax benefits work for you [49:43]Two investment restrictions and the downside of investing in charitable remainder trusts [54:48]Minimizing estate taxes by using GRATs (grantor retained annuity trusts) in your estate planning [58:02]Avoiding taxes in a high-income year through the use of charitable lead annuity trusts and how they compare with donor-advised funds [1:04:26]  Tax opportunities and other benefits of using ILITs (irrevocable life insurance trust) [1:11:30]Chris shares advice about life insurance and describes the benefits of setting up an LLC for your family [1:13:41]Three categories of estate planning tactics [1:16:17]Using stretch IRAs, implications of the Secure Act, and finding and using technology to take advantage of opportunities [1:19:25]Ways that Valur is trying to make estate planning more accessible and affordable, and how to find out more about the company [1:25:01] SponsorsTrustworthyTrustworthy is a secure online service that helps modern families protect, organize, and optimize their important information — ID's, Money, Property, Passwords, Insurance, Taxes, Legal, Emergency Instructions and the Family Archive. Trustworthy gives you a system of record for all your family information and lets you share it with loved ones, collaborate with trusted professionals like your accountant or wealth advisor and helps you keep everything up to date and on track so you never have to pay a late fee or penalty again.So if you want to set up your Family Operating System and be prepared for all of life's moments you can get 20% off and a free 14-day trial at allthehacks.com/trustworthy DaffyDaffy is a not-for-profit community built around a new modern way to give, with a mission to help people be more generous, more often. Daffy makes it so much easier to put money aside for charity. You can make your tax deductible contributions all at once. Or you can set aside a little each week or month. Then anytime in the future, you can give to more than one and a half million charities, schools, and faith-based organizations in a matter of seconds. So you can separate the decision to give (and get your tax deduction) from deciding exactly which organization you want to support and when. My favorite part is that you can invest your contributions to your Daffy account so they can grow tax-free to let you have even more impact in the future. To start giving today and get your free $25 to give to the charity of your choice, go to allthehacks.com/daffy Athletic GreensAthletic Greens is a foundational nutrition drink designed to remove the friction from covering the daily nutritional needs of a modern diet. It combines more than 9 essential nutrition products into one convenient and great-tasting drink, giving you an easy and efficient way to get you daily multivitamin, multimineral, probiotic, prebiotic, functional greens blend, immune support complex and more. It contains no GMOs, no harmful ingredients and no artificial colors or sweeteners.Right now, Athletic Greens is going to give you a free 1 year supply of immune-supporting Vitamin D and 5  free travel packs with your first purchase. To take ownership over your health and pick up the ultimate daily nutritional  insurance visit allthehacks.com/athleticgreens VuoriVuori is a new and fresh perspective on performance apparel. Perfect if you are sick and tired of traditional, old workout gear. Everything is designed to work out in, but doesn't look or feel like it. The product is incredibly versatile and can be used for just about any activity like running, training, swimming, yoga; but also great for lounging or weekend errands.To get the most comfortable and versatile clothing on the planet with 20% off your first purchase (plus free shipping on any US order over $75 and free returns) visit allthehacks.com/vuori Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn

On this episode Mike Jesowshek, CPA talks Andrew M Ayers in a part 3 of our estate planning mini series about a revocable living trust.1) Types of Trusts2) When Should I Create A Trust?3) Do I Still Need a Will?4) What Are The Main Components of a Trust? Some Terminology5) Mistakes to AvoidLINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/what-is-a-revocable-living-trust-why-is-it-important-for-business-ownersSign-Up for LIVE Webinar (2022 Tax Strategies to Ensure Business Owners Pay the Least Amount Possible - May 4, 2022 at 2pm EST): https://www.taxsavingspodcast.com/webinarSign-Up for the Small Business Tax Savings Summit: https://www.taxsavingspodcast.com/summitJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/what-is-a-revocable-living-trust-why-is-it-important-for-business-ownersJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Among the many areas of the real estate investing business is the vital one regarding asset protection and how to safeguard against the many dangers that you may encounter. Joining us on the Passive Income Through Multifamily Podcast today is Brian Bradley, from Bradley Legal Corp., to explain the necessary steps that investors should be taking based on the size of their businesses and portfolios. We get into a helpfully detailed discussion on what Brian calls the different layers of protection, looking specifically at LLCs, limited partnerships, and asset protection trusts. He also explains the 'ECCC 'acronym, of Effectiveness, Cost, Control, and Compliance. As the senior managing partner at Bradley Legal Corp., Brian oversees the protection of over five billion dollars worth of assets, and in our conversation, we are lucky enough to tap into the kind of gained wisdom that this kind of experience provides. We also hear from him about why a hybrid version of a trust is often the best route to go for safe assets, and how he recommends his clients approach setting up these kinds of Bridge Trusts. For all this and whole lot more from Brian Bradley, make sure to join us.Key Points From This Episode:Brian introduces the idea of asset protection and why it is so important. Important concepts and tools to understand; LLCs, limited partnerships, and asset protection trusts.  Understanding the specific benefits of limited partnerships and their two constituent parts. Brian unpacks the options regarding asset protection trusts.  The limits of an LLC and why it is not enough protection in the long term. Personal liability and disregarded entities, and further misconceptions about LLCs.   Privacy and anonymity in the legal system; Brian clears up some common misunderstandings. The power and limitations of a Revocable Living Trust, and how it relates to the rest of your protection. Geographic ramifications and what we need to know about onshore and offshore trusts.Why Brian tends to avoid completely foreign trusts in favor of hybrid options. How a Bridge Trust brings together the strengths of offshore and onshore trusts. The costs involved in setting up Bridge Trusts and who should seriously consider this route.  Brian shares his first-hand experience with the utility of the hybrid model.   Further thoughts on the extent to which a limited partnership can get you started protecting your assets early on.  Brian's stress management tactics in the office and at home.  Why Brian wants to pursue more coaching in the near future! Links Mentioned in Today's Episode:Brian Bradley on LinkedInBradley Legal CorpBrian Bradley EmailTony RobbinsLimitless EstatesPassive Income Through Multifamily Real Estate Facebook GroupVertical Street VenturesVertical Street Ventures National Conference 2022