Stewardship Matters Podcast

In this podcast we address two overlooked or hidden taxes for investors.  Recapture Taxes on investment rental properties and Phantom Income on taxable investment portfolios are painful and learn more of what you need to know.     

Stick with me. I have eight smart strategies that can help you legally minimize, defer, or even eliminate those taxes depending on your goals.

The preparation for a crew race and personal legal preparation for estate planning, though fundamentally different activities, share several similarities in terms of strategy, organization, and execution. In this podcast I share some key parallels.

Splitting Heirs is considered a classic read in estate planning. Key themes: wealth transfer, family communication, tax considerations and philanthropy. This podcast I will focus on family communication and the role it plays and some practical examples.

What Is a Securities Backed Line of Credit? Specialized loan on your investments such as stocks, bonds and mutual funds. No 1099 to access funds, puts you in greater control and usually with more favorable rates as well.

We discuss some recent studies on eldercare and its impacts then discuss some practical next steps and lastly some possible solutions.

A codicil is a legal document used to make changes or additions to an existing will without having to rewrite the entire will. Typical updates include: change beneficiaries, update executors, or modify specific requests.   This is educational post and not to be considered legal advice. 

I stumbled upon something small but yet significant to my life and like to share it and some takeaways or lessons.  Unexpected joy in doing something healthy and rewarding and now I love to share this with others.

In this episode, I summarize for you Stephen Covey's 7 habits for highly effective families. I love sharing this with you and trust it will spark ideas and topics for conversation in your family. Be proactive. Begin with the end in mind. Put first things first. Think win-win. Seek first to understand, then to be understood. Synergize. Sharpen the saw.

In this episode, I share 10 key emotional advantages of adding coloring to your activities.  What good is it if we have only financial health and not the other forms of health? Consider again trying coloring for the many benefits on our mental health.

In this podcast, I summarize a popular book that came out several years ago by author Robert Kiyosaki called Rich Kid Smart Kid.  Cover 7 key points and I close with some practical advice from my own experience. 

Did you know there have been significant improvements in annuity costs and expenses in the past few years and a new distribution channel has made this possible. Registered Investment Advisor fee only annuity has several advantages discussed in this short podcast. You can reach me at scott@stewardshipmatters.net

We address the steps to take in order to get both your "Durable Power of Attorney" and your "Medical Power of Attorney".  From choosing your agent to deciding on limitations and getting documents to review and sign and witness and properly store and share with interested parties.   I want to encourage you to reach out to me to discuss how you can efficiently and effectively gets these very importa...

In the episode, I share one of the most overlooked governmental benefits available to both our veterans and their surviving spouses. War period active duty at least 90 days of service. Need personal help with lifestyle as we all age. Listen for more on this Improved Pension Benefit aka Aid and Attendance from Veterans Affairs. It could be worth hundreds of thousands of dollars to you and your fami...

In this episode, we discuss the benefits and motivations for using a donor advised fund for your charitable giving. Simplified way to support your favorite charities and provide greater control and flexibility as well as a vehicle to engage your family as well. You have the option to give anonymously or not. Lastly having someone to guide you can be very beneficial, helping you think about more im...

In this episode, we explain what is the QCD and how it benefits donors who qualify? Main thing is it reduces taxable income and avoids other penalties associated with higher income for retirees.

Protecting Governmental benefits, managing financial resources, providing for long-term care, reducing financial exploitation and preserving eligibility for legal settlement.

Avoiding online fraud is critical in today's digital age. Here is a useful guide with 10 important ways to help keep you safer.

What is a power of attorney and why do we need them? Did you know there are four varieties of power of attorney?  We address each of these and some practical thinking as you consider updating or creating your own power of attorney.   scott@stewardshipmatters.net

Sudden Wealth Syndrome is a real abnormal condition and we can all get pulled into success hype and get blinded by our optimism. Getting help early and knowing what to do as symptoms occur will increase your success outcomes in sudden wealth. Did you know 90% of lottery winners lose all the money within 5 years? Learn how to avoid such failure.  www.stewardshipmatters.net

Here I explain the benefits of the #1 estate settlement tool in the United States. Why it is useful to leverage time, knowledge and resources to move you and your family to faster and more effective estate closure. Even if you hire an estate professional to help you this tool has value. Learn more over the next few minutes. In the link below you can learn more and access the basics for free and th...

What is a life settlement? A life settlement is the sale of an existing life insurance policy for more than the policy's cash value but less than the death benefit. Learn how this unique topic could benefit you or those you care about. stewardshipmatters

This podcast I hope opens up an abundance mindset and greater freedom for you and your family. A quick look at some of the economics of growing your own food and some encouraging words to consider in the journey. Share with others your harvest and passion and life will yield greater returns. Learn more at  www.stewardshipmatters.net

Learn about the new "Bail-In" provisions provided in the law and potential affect on you and your banking and investments. Call provisions on lines of credit represent a potential threat to your finances and what you might wish to do to better prepare the path forward in good stewardship. Securities Backed Line Of Credit might be one of the potential solutions for you. stewardshipmatters

Straight talk on annuities educates on the various types of annuities and provides some often overlooked potential that could enhance your current path by tens of thousands of dollars. How through fiduciary annuity or fee only annuity and Annuity Rescue Plus tool. Lower fees and costs do matter and good stewardship matters to your bottomline.