Podcast

Transfer Tax Planning With Regulatory Discounts

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats about how discounts abound in transfer tax planning (estate and gift tax)! Although sometimes discounts come from ownership of entities, like FLPs, that is not always the case. Charitable Remainder Trusts, Charitable Lead Trusts, Grantor Retained Annuity Trusts, Private Annuities, and Remainder Purchase Marital Trusts, all use discounts that are required in the Internal Revenue Code and the regulations. These discounts can be substantial and helpful depending on the 7520 rate. Brent discusses how that is so, how the regulatory discounts are calculated, and how they can be used to your or your client’s advantage.

When Your Will Is Not a Plan

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent talks about online estate and trust document services. He explains why it isn’t “planning,” the difference between these online services and actual legal services, and how they are deceptively marketed to the masses. Brent also describes the historical context for the current structure and the need for access to legal services. In a buyer beware world, this is a warning to not equate these document preparation services with planning.

Buy-Sell Agreements Can Preserve Generational Wealth

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent discusses buy-sell agreements for small or family businesses. He explains how they work, the different versions (buy-sell, cross-purchase, dual), who they should apply to, and how they can be structure for payments. These agreements help preserve generational wealth in small businesses by clearly defining the economics between owners and the owners’ families. They also protect against bad actors, divorce, death, and incapacity–all events that can be detrimental to any small business.

How ChatGPT Can Change Your Business

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Ashley Francis about the emergence of ChatGPT and how it can improve your business. They discuss the technology, how to use ChatGPT, where they foresee it going, and whether it will replace professional service providers. They also offer practical tips on how to start integrating it into your business now.

How Financial Planning is Like Fly Fishing: Navigating Asset Classes with Doug Nelson

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreIn this episode of our podcast, “How Financial Planning is Like Fly Fishing,” Brent is joined by seasoned financial advisor Doug Nelson. Brent and Doug dive deep into how different asset classes with varying time horizons can be key components of a successful … Read more

Proven Strategies for Building a Loyal Audience Through Podcasting

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreIn this episode, Brent sits down with Kyla Denanyoh, the host of the successful podcast, You Are A Lawyer. Kyla shares her experience on how she built and sustained her audience while working. She provides tips on how to start and grow your … Read more

Planning for the World Traveler: Tips for International Estate Planning

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent discusses the latest topics in international estate planning. As an estate planner, it is crucial to keep in mind that your clients are human, with concerns about managing incapacity and death, regardless of their citizenship or residency status. However, for world travelers, the complexity of estate planning increases significantly. Brent discusses five things to keep in mind when planning for the international client:

Remember you are dealing with a human. Adequate powers of attorney, trusts when appropriate, wills or other testamentary instruments are just as important for non-citizen non-resident clients as they are for citizens and residents.

Don’t assume what works here will work in their home jurisdiction. The world is complex, and foreign legal systems are often sophisticated. It is crucial to consult with a competent professional in the client’s home jurisdiction.

Check if there is a relevant tax treaty for income or transfer taxes. In some cases, tax treaties can rewrite the rules that ordinarily apply.

Carefully review all property your client owns in the US. Some property here is not subject to estate tax for non-residents, while some is. It is important to understand the difference, which can often be illogical.

Don’t forget to ask about where all relevant family members are resident. Estate planning for non-citizen non-resident clients often requires planning for the laws of multiple countries, which may require a team in multiple countries to properly plan and coordinate.

By keeping these five things in mind, estate planners can provide valuable advice to world traveling clients and ensure that their estate planning goals are achieved. As you plan for your clients, remember that estate planning for world travelers requires unique consideration and attention to detail.

If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to https://wealthandlaw.com/team/.

Optimize Your Decision Making

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Geoff Grenert, the founder of Cypress Strategies, about how to optimize your decision making process around personal wealth.

Geoff has been working with affluent families and businesses since 1997, helping them achieve their goals and objectives. He is a nationally-recognized expert in the design and acquisition of large life insurance policies, and he has helped many clients make informed decisions about their personal wealth.

During their conversation, Brent and Geoff discuss how to manage emotions when making decisions, especially around money. They also explore how having an objective investment plan can prevent costly mistakes and ensure long-term success.

Geoff shares his insights on decision-making, based on his many years of experience working with clients. He stresses the importance of understanding one’s goals and objectives, creating a plan to achieve them, and using a team approach to implement that plan.

Throughout the episode, Brent and Geoff offer real-life examples of how they, and their clients, have learned to manage the decision-making process for better outcomes. From success stories to challenges faced along the way, this episode offers valuable insights for anyone looking to optimize their decision-making process around personal wealth.

So, if you’re looking to improve your decision-making skills and achieve your financial goals, be sure to tune in to this episode of Wealth and Law with Geoff Grenert.

Master Financial Savvy

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Join Brent and Mykail James as they discuss the art of being financially savvy. Together, they dive deep into the topic of mastering the art of being financially savvy. Mykail shares her expertise on budgeting and provides valuable insights on how to control your personal finances. Brent and Mykail also explore the psychology of money and the emotional barriers that can hinder financial success. Tune in to learn how to take control of your financial future and become financially savvy.

Virtual Family Offices

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Alex Sonkin about building and operating virtual family offices. They talk about how accountants can focus on their largest clients, provide high level planning, and leverage the unique relationships they have to growth strong family office services.

Prevent Biased Analysis

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats about bias in one’s analysis. He discusses how to spot it, gives reasons for why we all have bias in the way we analyze problems, and how to prevent it.

International Tax Planning

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Reetu Pepoff about the ins and outs of international tax planning for cross border estate planning clients. They discuss the different income, gift, and estate tax rules and common ways to effectively plan. Reetu Pepoff is an Assistant General Counsel … Read more

Current State of FBAR Penalties

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Rachel Sass about the U.S. Supreme Court case Bittner v. U.S., where the Court decided the non-willfulness penalties for FBARs is $10,000 per filing, not per account. This case changed the IRS’s long-time position. Brent and Rachel discuss the case, the reasoning, what it means for FBARs, and what they expect in the future.

Should You Have a Podcast?

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats about whether having a podcast is a good idea.

He shares how to think about starting one, the equipment he uses, and generally gives you a how-to guide on hosting and running a podcast.

US-China Estate Planning

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Tony Yu about estate planning for Chinese clients. They talk about the culture, what motivates investments in the US, and special considerations from a trust and tax perspective. Tony is the owner of DSG Trust Law. He graduated cum laude … Read more

Dumb TikTok Trends

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent discusses some of the less wise “advice” circulating on TikTok recently, including MPI (maximum premium insurance), 401(k)s as a hoax, using trusts to shelter income, and LLCs as the business deduction savior. He digs into each, breaking down how they fall short of their promises.

Alternative Uses for FLPs

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Rachel Sass about alternative ways to use family limited partnerships (FLPS) beyond gifting and estate tax planning. They discuss (1) preferred partnerships, (2) holding companies, (3) family business governance, (4) cross-border bridges, and (5) income tax basis planning. Rachel is … Read more

Financial Planning and Fly Fishing

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Doug Nelson about how financial planning is just like fly fishing. They analogize the two, including picking the correct fly, preparing your gear, and how to remain flexible in changing conditions. All these tools are essential for both activities, and … Read more

How to Start a New Business

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Alex Wells about how to start your new business. They discuss key issues like (1) deciding which business to start, (2) hiring great people, (3) creating good culture, and (4) scaling through marketing and business development. Alex Wells is the … Read more

Marketing Keys for Professionals

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Ronnie Deaver about how professionals can grow their business through intentional marketing and sales. Though these aren’t skills learned in school, Ronnie explains how they can be learned, how important sales are, and scaling to meet your business goals

Ronnie is CEO of NoBull Marketing, a lawyer-exclusive marketing agency that specializes in generating leads and helping lawyers better convert more potential clients into paid retainers with Google My Business, Google Ads, and Sales Training.

Ronnie can be found here: https://nobullmarketing.co/

If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to https://wealthandlaw.com/team/.

2022 Election Aftermath

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Now what happens? After the 2022 election split control of Congress, what’s next? Brent chats about possible tax law changes, what to anticipate, and where the most change is likely to happen before 2024.

Close the Year and Start Well

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Rachel Sass about how to close out 2022 and make 2023 a success. They discuss 401(k) and IRA contributions, charitable giving, loss harvesting, and talking about money and finances with family. Rachel Sass is an experienced estate and tax planning … Read more

Vacation Homes–Rewind

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week’s episode is a rewind of a popular conversation Brent had with Rachel Sass about planning for vacation homes. With so many people traveling for the holidays, this conversation reminds of the hazards and opportunities available when leaving a vacation home to … Read more

Optimized Charitable Lead Trusts

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Jonathon Morrison about how to optimize charitable lead annuity trusts. They talk about the mechanics, running the numbers, and the many tax benefits for charitable clients.

A senior partner and Best Lawyers® honoree, Jonathon Morrison’s practice is focused on tax, business and estate planning for clients with large or complex estates. Jonathon Morrison is licensed in both Arizona and California and is a Certified Specialist in Estate Planning, Trust and Probate Law in California. After a decade practicing with preeminent estate planning law firms in Silicon Valley, Jonathon gained a mastery of virtually every estate and tax planning strategy in existence. With his unique background, Jonathon enjoys a reputation for developing advanced estate planning solutions for high income and high net worth clients whose objectives include income tax and estate tax minimization, charitable and philanthropic giving, business exit and succession planning, and asset protection.

Jonathon is also a frequent speaker and nationally recognized expert with respect to a specific type of charitable vehicle: the “charitable lead annuity trust” (CLAT). Jonathon is routinely engaged by clients, advisors and attorneys around the country to implement and provide advice with respect to CLAT planning.

Before relocating to his hometown of Phoenix in 2015 to raise children near his family, Jonathon worked with Silicon Valley’s two largest estate planning law firms – most notably, the personal tax planning group associated with the preeminent venture capital law firm, Wilson Sonsini, which led IPOs for virtually every major Silicon Valley-based company, including Apple, Google, Amazon, Tesla, Twitter, LinkedIn, Netflix, Pandora, and GoDaddy. During this time, Jonathon served as a trusted advisor to hundreds of the wealthiest individuals in the world, including founders, C-level executives, “Midas List” venture capitalists, and angel investors associated with many of the top tech companies.

Equipped with sophisticated tax and estate planning knowledge that is unique to the Arizona legal community, Jonathon quickly distinguished himself after his return to the Valley as one of the Phoenix area’s premier tax and estate planners.

Finding Meaning in Profit

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent chats with Bessi Graham about how businesses can provide meaningful change in the world while making a profit. They discuss finding meaning, working with intention, and building teams around your vision.

Bessi is the co-founder of Benefit Capital and The Difference Incubator (TDi). 

As an investor, entrepreneur, business owner, company director, speaker and writer, Bessi’s passion for using business as an agent for change is internationally recognised. 

For the past 20 years she has focused on unlocking capital to deliver positive social and environmental outcomes in Australia and the Pacific. 

Recognised by the Australian Government with a ministerial appointment to the Committee for the Accelerating Commercialisation and Incubator Support Initiatives (Department of Industry, Innovation and Science); and advisory roles to the Department of Foreign Affairs and Trade (DFAT) for the Emerging Markets Impact Investment Fund (EMIIF) and Pacific RISE. Bessi was also the architect of the first investment readiness fund for the impact investment space in Australia – now run by Impact Investment Australia (IIA) as the Growth Grant. 

Bessi has a background in management consulting and training, was a Teaching Fellow at the University of Melbourne, is a graduate of the Harvard Kennedy School and the Australian Institute of Company Directors. Bessi was a finalist in the 2017 Telstra Business Women’s Awards.

Smart Business Growth

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with John Briggs about how companies can grow in a smart way. They discuss cash flow management, paying yourself, hiring, and how to build effective teams. John is the CEO and Founder of Incite Tax and the author of Profit First … Read more

Discovering Fraud

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent and Tracy Coenen chat about finding fraud in businesses and divorce, helping people in difficult moments, and red flags of fraudulent financial activities.

Family Offices and Private Equity

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Brent and Dror Futter discuss the numerous challenges family offices face when investing in private equity–from lack of understanding typical terms to inadequate measures of potential investments. They suggest ways family offices can improve their PE activities for increased success.

Money and Divorce

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Stacy Francis about helping women make strategic money decisions after a divorce. They also chat about her charity, Savvy Ladies, that helps underprivileged women with personal finance. Brent and Stacy also focus on strategies to make wise decisions about personal … Read more

Energy Efficiency Tax Credits

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent and Randy Crabtree chat about how people can use energy efficiency tax credits that were expanded under the Inflation Reduction Act. Specifically, they focus on Sections 45L and 179D, relating to energy efficient real estate development. They also discuss developing a niche … Read more

How to Own a Business

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Toby Mathis about strategies for business ownership. They cover the difference between corporations, partnerships, and sole proprietorships. They also talk about how trusts can be used to enhance owner protections in a business structure. Toby Mathis is a 25-year tax attorney … Read more

Corporate Transparency Act

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Gary Fletcher about the soon-to-be-effective Corporate Transparency Act. The Act requires most business entities (old and new) to report the identity of organizers and beneficial owners to the US Department of Treasury. Once the Act is effective, it will have … Read more

Where the Fleece Vests Roam

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent and Rachel Sass discuss Patagonia’s founder, Yvon Chouniard, giving away his interest in the company to charity. They talk about gifts to 501(c)(4)s, the income tax implications, and estate tax savings. They also speculate about how to structure transfers of this kind. … Read more

Post-Pandemic Personal Finance

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Kristopher Flammang about personal finance after the pandemic. They discuss what has changed, what is the same, and how to plan moving forward. They also suggest ideas for staying on course with you money goals. Kris is a co-founder of … Read more

Wise Money Moves in Troubled Times

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Nicholle Overkamp about how to make wise money and business decisions. They focus on creating good habits, implementing systems, and unique issues for women. Nicholle Overkamp, MBA, ChFC, CDFA, is a personal finance expert and business coach for women. She’s … Read more

Getting a Good Valuation

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week, Richard Claywell joins the podcast to discuss business valuations. He and Brent chat about the important elements to a good valuation report, how to improve value to sell a company, and ways valuations are manipulated. J. Richard Claywell, CPA, ABV, ASA, … Read more

Business Succession Planning

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Gray Edmonson about business succession planning. They discuss how to plan for a change in ownership, common options, and how to structure a successful transaction from one generation to another. Gray Edmonson is a Partner at Edmondson Sage Allen, PLLC … Read more

Inflation Reduction Act

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Rachel Sass about the Inflation Reduction Act. They discuss the corporate minimum tax, stock buy-back tax, health insurance changes, and tax credits for EVs. They also get into extra funding for the IRS and how tax professionals are excited about … Read more

National Make a Will Month

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreAugust is National Make a Will Month! Only 48% of American adults have a will, so this week, Brent chats about the need for people to make a will and resources (even some free ones) that people can take advantage of to get … Read more

Estate Planning Bootcamp: Will

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWelcome back to the Wealth and Law Estate Planning Bootcamp! In this series of five episodes, Brent is joined by guests to discuss the basics of estate planning. In this episode, T.J. Ryan chats with Brent about Wills, the oldest estate planning documents. … Read more

Estate Planning Bootcamp: Durable Powers of Attorney

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWelcome back to the Wealth and Law Estate Planning Bootcamp! In this series of five episodes, Brent is joined by guests to discuss the basics of estate planning. In this episode, Jenna Rubin chats with Brent about durable powers of attorney for finances. … Read more

Estate Planning Bootcamp: Health Care Powers of Attorney

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWelcome back to the Wealth and Law Estate Planning Bootcamp! In this series of five episodes, Brent is joined by guests to discuss the basics of estate planning. In this episode, Emily Kile chats with Brent about possibly the most important estate planning … Read more

Estate Planning Bootcamp: Revocable Trusts

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWelcome back to the Wealth and Law Estate Planning Bootcamp! In this series of five episodes, Brent is joined by guests to discuss the basics of estate planning. In this episode, Deborah Plum chats with Brent about the revocable trusts. She answers the … Read more

Estate Planning Bootcamp: The Different Fiduciary Roles

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWelcome to the Wealth and Law Estate Planning Bootcamp! In this series of five episodes, Brent is joined by guests to discuss the basics of estate planning. First up, Rachel Sass chats with Brent about the different fiduciary roles within estate planning, how … Read more

Life Insurance for Foreigners

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent talks with Cary Stamp about the ins and outs of life insurance for non-Americans. They talk about special insurability, income tax, and estate tax considerations. They also discuss tips for structuring the ownership and investment options within life insurance. Cary Stamp is … Read more

Planning With Inflation

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent discusses how inflation is not a death knell to wealth transfer planning. He describes interest rate sensitive techniques, which perform better with higher interest rates, and underlying assumptions during inflationary periods that help planning. If you are enjoying the podcast please SUBSCRIBE … Read more

Trustees for Blended Families

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with T.J. Ryan about how to choose a trustee in a blended family. They discuss the challenges of those types of families, potential conflict points, and offer ideas to resolve issues before they begin. T.J. Ryan is a trust and probate … Read more

Foreign Real Estate Ownership

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats about estate tax (and some income tax) risks to foreigners owning real estate in the United States. He explains the strange rules about direct ownership, surprising results at death, and some options to avoid estate tax issues. It is common for … Read more

Building a Modern Practice

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Penny Phillips about how she is building the modern registered investment advisory firm, what it takes to prioritize clients, and how advisors can connect with clients. They also rib lawyers and laugh about common excuses to stay off social media. … Read more

Building Generational Wealth-Rewind

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent rewinds one of our most popular episodes with Kyle Larson and Lily Styrmoe of TCI Wealth Advisors. They go over their top tips for how younger individuals and families can begin building the generational wealth that they’ve dreamed of. Kyle Larson is … Read more

Maximize Low Markets

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Deborah Plum about techniques to maximize wealth transfers in a low market, low interest environment. They talk about GRATs, sales to IDGTs, intrafamily loans, and CLATs. They also speculate about market volatility and other things. Deborah is an attorney at … Read more

The SECURE Act Proposed Regulations

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent discusses the proposed regulations under the SECURE Act. He explains the rules relating to trusts as IRA beneficiaries, how they change existing rules, and what they mean for trust planning.

Trust Decanting

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Amy K. Kanyuk about trust decanting. They get into the benefits and risks of decanting, how they happen, and how the rules change from State-to-State. Amy K. Kanyuk is a Partner at McDonald & Kanyuk PLLC in Concord, NH. She … Read more

Crypto Currencies and Trusts

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent and Joel Revill chat about crypto currencies and trust administrations. They dig into the regulatory environment, how crypto currencies perform in a traditional portfolio, and where DAOs (decentralized autonomous organizations) may change the future of businesses and trusts. Joel is the CEO … Read more

CRT Rollovers

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Evan Unzelman about rolling over income interests in charitable remainder trusts. They talk about why these transactions can be tax beneficial and create flexibility for the right CRTs. Evan is the President of Sterling Foundation Management. Evan began with Sterling’s … Read more

Educating Youth About Personal Finance

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Doug Nelson about what has happened in the markets during the first few months of 2022, how to find the right advisors for young investors, and educating youth about starting and persisting in personal finance. Doug is an advisor and … Read more

The Limits of GRATs

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent discusses the limits of Grantor Retained Annuity Trusts (GRATs). He talks about existing statutory and case law limitations on their use and the IRS view in CCA 202152018 that potentially creates additional risk for practitioners. He also offers practical solutions to plan … Read more

SALT Deduction Workarounds

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent talks with Gary Fletcher about Arizona’s SALT deduction workaround, how to plan for it, and the life and death of Proposition 208. They also discuss Arizona’s Proposition 208 workarounds that are still the law. Gary Fletcher is an attorney and CPA at … Read more

ACTEC Conference Highlights

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent discusses some of the highlights from the 2022 ACTEC Conference, including Build Back Better, Secure Act, Smaldino, Levine, CCA202152018, Corporate Transparency Act, and racial inequality.

Ukraine

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent discusses the war in Ukraine, some of the issues and arguments that have arisen during the crisis, and how to help refugees from Ukraine and elsewhere. Resources for finding organizations helping refugees can be found at: https://www.unhcr.org/en-us/us-resettlement-partners.html https://rcusa.org/members/ https://www.charitynavigator.org/index.cfm?bay=content.view&cpid=4665#group-331 https://www.globalgiving.org/projects/ukraine-crisis-relief-fund/

Estate Planning for Women

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Patricia Annino about special considerations in estate planning for women. They discuss empowering women with education, getting them involved in the planning process, and keys to success. Patricia Annino is a partner in Rimon’s Trust and Estates Group. A nationally … Read more

Racial Inequality in Estate Planning

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent and Reetu Pepoff discuss racial inequities in estate planning in the United States. They talk about the root causes of the issue, the wealth and planning gap, and what advisers can do to actively combat these problems. Reetu Pepoff is an Assistant … Read more

Preserving Generational Wealth

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent chats with Frazer Rice about how to preserve generational wealth. They discuss strategies for communicating with clients about money, establishing a solid plan, and things advisors can do to maximize success. As a Regional Director for Pendleton Square Trust Company, Frazer focuses … Read more

Sustainable Investing

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week, Brent chats with Lily Styrmoe about sustainable investing and ESG (environmental, social, and corporate governance) investing. They discuss what these terms mean, changes in the market, performance of investments in this space, and ways to evaluate funds and companies from a … Read more

Charitable Remainder Trusts

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week Brent discusses charitable remainder trusts. He covers how they are structured, what types of assets can be contributed (or not), how they operate, and their taxation. He also discusses different types of CRTs, from plain vanilla to Flip CRTs and net … Read more

Planning in a Volatile Market

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week on the podcast Brent discusses how volatile markets, combined with low interest rates, can be a terrific time for wealth planning. He explains how asset valuations and interest rates work relative to each other for maximum wealth transfers in GRATs, sales … Read more

2022 Market Update

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWhat’s happening in the markets this year? This week, Brent and Rachel sit down with Doug Nelson on the status of the investment markets over the last quarter and what we may expect in the coming months. Doug gets into rising interest rates, … Read more

Financial Planning Tune Up

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreA new year calls for tuning up your finances! This week on the Wealth & Law Podcast, Brent and Rachel sit down with Melanie Simons, the CEO of ReFrame Wealth, to discuss her top tips for getting on top of your finances for … Read more

Real Estate Investing

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreWith the hot real estate market, we’re constantly hearing from clients about investing in real estate. So this week on the Wealth & Law Podcast, Brent and Rachel bring in Eric Freeman to discuss how to get into real estate investing. We get … Read more

Estate Planning New Year’s Resolutions

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week Brent, Rachel, and Deborah get together to share a few New Year’s Resolutions that they suggest for anyone wanting to be better organized financially, personally, and as a company. Their suggestions include learning the importance of “expense ratios,” updating your estate … Read more

What’s Happening to the Build Back Better Act?

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreOver the weekend, the Build Back Better Act was dealt a devastating blow when Senator Manchin announced that he would not vote on the Act before the Christmas deadline. So what’s the fate of the Build Back Better Act and will we still … Read more

The End of the Britney Spears Conservatorship

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThe Britney Spears conservatorship is finally over…or is it? On this week’s episode of the Wealth & Law Podcast, we’ll catch you up on all that’s happened in the highly publicized conservatorship proceedings and what may still be to come. If you are … Read more

Top Five Things to do Before the End of the Year

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThere’s just a little more than three weeks left before the the end of the year–can you believe it? We know you’ve got a lot on your plate already with holiday shopping, family gatherings, etc., so on this week’s episode of the Wealth … Read more

Podcast Highlights

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week on the podcast we share a few of our favorite highlights from the past 88 episodes. You will hear about vacation homes, trusts under the SECURE Act, planning in Mexico, Colombia, and Canada, forming a successful financial plan, and crypto currencies.

Year-End Planning Around Tax Changes

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreThis week, Brent and Rachel are joined again by Darren Case to discuss how they are planning around the proposed federal tax changes. There have been many changes in the last two months so they break it all down and how they see … Read more

Money Saving Tax Tips

by

Podcast: Play in new window | Download

Subscribe: Google Podcasts | RSS | More

Podcast: Play in new window | DownloadSubscribe: Google Podcasts | RSS | MoreBrent and Rachel chat with Shauna A. Wekherlien, CPA, MTax, CTC, CTS (aka the Tax Goddess) about some of our favorite tax planning tips to SAVE TAXES before the end of the year. We discuss simple steps (like funding retirement accounts), expensing purchases, … Read more