Expert Network Team

Jeff Krommendyk, Nathan Merrill and Karl Frank discuss practical ways for business owners–and anyone!--can reduce stress. Drawing on personal experience, as well as all of our network, we tell you what we do–and what we would like to do! Keeping it real! Exercise, including practical advice like NOT GOING TO THE GYM Spiritual, including prayer, meditation and mindfulness Community, in all of its w...

Expert Network team provides free consultations. Just mention that you listened to the podcast.  Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merrill (720) 473-7644 nmerrill@goodspeedmerrill.com Taylor Smith, attorney Helping affluent families build their legacy through complex estate planning...

Expert Network team provides free consultations. Just mention that you listened to the podcast.  Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merrill (720) 473-7644 nmerrill@goodspeedmerrill.com Taylor Smith, attorney Helping affluent families build their legacy through complex estate planning...

In this episode Nathan Merrill and Jeff Krommendyk interview Monroe "Roey" Diefendorf, who is a member of a 5 generational family legacy business.  Roey discusses many of the challenges which multi-generational families (or those desiring to transmit family business and wealth among multiple generations) face.  He talks about the challenges his family had to overcome to make it to 5 generations, a...

In this episode Nathan Merrill and Jeff Krommendyk interview Monroe "Roey" Diefendorf, who is a member of a 5 generational family legacy business.  Roey discusses many of the challenges which multi-generational families (or those desiring to transmit family business and wealth among multiple generations) face.  He talks about the challenges his family had to overcome to make it to 5 generations, a...

A Family Reunion Can Help Prepare Your Heirs Nathan Merrill and Karl Frank, CFP talk about a fun way to help prepare the heirs–the family reunion! Here are a handful of fun and practical ideas to turn an event that has been the butt of many jokes, and funny movies, and turn it into something that could be impactful. Plus, it could prepare the heirs by giving them the stories and sharing the legacy...

A Good Inheritor of Wealth Nathan Merrill and Karl Frank, CFP discuss how to prepare an inheritor of wealth. Building off previous podcasts, we discuss some practical and fun actions we can take to help the next generations become the best versions of themselves they can be. Like training your kids to be good at golf, do you want them to start learning to play golf when young or old? Young! Simila...

Wealth is a Disruptor  Nathan Merrill and Karl Frank, CFP say wealth is a disruptor. It could be a force for good or bad!  First principles, how is money a disruptor?  Help define the benefactor’s goals Think about it from the inheritor’s side Now think about it four generations out, what will they value? Likely not the money… Hear a story about a ranch in the family and another story that goes al...

Karl Frank, CFP and Nathan Merrill go back to first principles and discuss something that means the most to most of us: family. How do you transfer significant money to people who may or may not be part of your biological family? Learn how a “relational family” and a “family of affinity” are different.  Learn some questions a financially successful person can ask. How do we get closer to our famil...

Karl Frank, CFP , Jeff Krommendyk and Nathan Merrill continue to interview Shawn Barberis, JD, who is an expert on facilitating important family conversations about legacy. Legacy is often discussed but rarely acted upon. Shawn shares some of the history of legacy conversations: How Shawn got into the business, and created the technology and processes. What the process looks like for new clients....

Karl Frank, CFP , Jeff Krommendyk and Nathan Merrill interview Shawn Barberis, JD, who is an expert on facilitating important family conversations about legacy. As Shawn says, legacy is often discussed but rarely acted upon. Shawn shares: How legacy is not quantitative, it is not measured in dollars. A legacy is qualitative. Shawn shares what he means by this and how he helps people find meaning....

In Die With Zero, Bill Perkins makes the case that people are saving too much money and not spending enough money to create memories with their loved ones. While we are alive, we should do things with the people we love, and help the people we love financially, so that we can enjoy “memory dividends” later in life.  The experts discuss this intriguing idea and also criticize some of the shortcomin...

When Silicon Valley Bank (SVB) failed, it was dramatic. An “A” rated financial company has never disappeared with a few clicks on a cell phone–until SVB in March, 2023. The experts discuss this fearful and precarious news and put it into perspective. Now we have more uncertainty, and more confidence, at the same time! We are more uncertain about the possible short-term paths–the range of short-ter...

Karl Frank, CFP and Nathan Merrill quiz our insurance expert, Jeff Krommendyk , about how much insurance rates are rising, why and what can we do about it? What is happening with insurance rates and why? What can we do about it? Hard markets and soft markets Putting it all into perspective, and some optimism that this might not last very long. Catastrophe: this is the primary reason rates are high...

Jeff Krommendyk and Nathan Merrill ask Karl Frank, CFP about how rising interest rates affect the investment planning he recommends. What is happening with rates and why? Opportunities for growth and income Expected returns and how they matter for advanced tax planning A little bit about mutual funds and taxes and returns Sequence of returns Inflation, interest rates and… What recession? Who said...

Karl Frank, CFP and Jeff Krommendyk , ask Nathan Merrill about how rising interest rates affect advanced financial planning tools that he recommends. What is happening with rates and why? How do various charitable plans affected by rising rates? Which tax and charitable strategies are better today? What about changes in the US Federal Government and how does they affect my financial plans? We disc...

Karl Frank, CFP and Nathan Merrill discuss the tax law changes that are most likely to affect business owners and other employers. At the end of 2022, Congress passed more than 90 changes to the tax laws and many of these affect employers, especially with retirement plans. Roth-a-mania, many new rules around after-tax retirement plans, most of them provide a long-term benefit of the tax-payer Cinn...

At the end of 2022, Congress passed more than 90 changes to the tax laws. This podcast will cover the biggest changes that affect the largest number of individuals and families. Nathan Merrill tax attorney, interviews Karl Frank, CFP and discuss: New rules around required distributions IRAs and 401k plan changes Tax brackets and deductions New benefits for education plans—you can roll left over mo...

Employers can enforce rules that prohibit employees from using marijuana both on-duty and off-duty. This may be surprising to residents of Colorado, where marijuana is legal. Special guests, Lauren Snow and John Sauer join Karl Frank, CFP and Nathan Merrill to answer questions and help business owners manage employees who use Cannabis. Is it permissible for employers to prohibit employees from usi...

Learn more about Loren’s services and get your free start up kit at https://www.businesssuccesssolution.com/package/   Expert Network team provides free consultations. Just mention that you listened to the podcast.  Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merrill (720) 473-7644 nmerri...

Learn more about Loren’s services and get your free start up kit at https://www.businesssuccesssolution.com/package/   Expert Network team provides free consultations. Just mention that you listened to the podcast.  Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merrill (720) 473-7644 nmerri...

Bios for Karl Frank, CFP , Jeff Krommendyk and Nathan Merrill. Learn more about the Expert Network Team’s process and free discovery meeting. Expert Network team provides free consultations. Just mention that you listened to the podcast.  Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merril...

Karl Frank, CFP , and Nathan Merrill discuss the recession. It is important for business owners, executives and managers to remain positive. Here are some reasons why and how! What makes the news is not what matters Recessions are usually mild Business owners have more choice and control than many people about how the recession affects them, their business and their stakeholders Often, these are t...

Karl Frank, CFP and Nathan Merrill discuss a couple of real-life horror stories for employers: the underappreciated risks of payroll and payroll taxes! Learn what risks you face as a fiduciary for the Federal and State governments Listen to a story about how Karl’s company had payroll, and three months of taxes, stolen…never to be recovered. Learn from Nathan as he shares a horror story from a per...

Learn more about John Sauer’s free discovery meeting here:   https://www.goodspeedmerrill.com/attorney/sauer-john-paul/ Expert Network team provides free consultations. Just mention that you listened to the podcast.  Nathan Merrill, attorney Working with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservation Goodspeed, Merrill (720) 473-7644 nmerr...