Wealth and Law

The 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 enjoying the podcast, please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent and Rachel go to&nbsp...

There’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 & Law Podcast, we’ve put together a list of five easy things that you can do before the end of the year that will benefit you for y...

This 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.

This 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 the year ending. Darren is a shareholder in the law firm Tiffany & Bosco, PA, in Phoenix, AZ. He assists families and individuals in the areas of estate planning, prob...

Brent 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, and more complex steps that take time to structure but can lead to significant savings. Shauna is the owner of Tax Goddess Business Services,...

Here we go again–another round of new tax proposals! The House recently released the newest version of the Reconciliation Bill (AKA the Build Back Better Act), which is quite a bit different from the original proposals released back in September. So this week on the Wealth & Law Podcast, Rachel Sass and Deborah Plum discuss how this version of the Bill is different from its previous vers...

This week Brent and Rachel chat with the incredible Carolyn McClanahan, M.D., CFP, about how to protect our loved ones and clients from Elder Abuse. We focus on the financial side of things. The conversation gets into discussing the issue, its prevalence, and practical ways it can be addressed. Carolyn focuses on financial planning. She completed her undergraduate degree at Mississippi University...

Brent and Rachel discuss several themes circulating in the media (conventional and social). First, they discuss the proposed Billionaire Tax and how it appears to look a lot like the existing PFIC rules. Second, they discuss the review of GRATs, IDGTs, valuation discounts, and CLATs used by Phil Knight, as discussed in Businessweek https://www.bloomberg.com/features/how-billionaires-pass-wealth-to...

This week, Brent and Rachel chat with Doug Nelson on the status of the investment markets over the last quarter. Doug explains the nature of risk in investing, changes in perceptions of risk, the use of commodities to manage risk, and cryptocurrencies as a portion of a diversified portfolio. They also discuss how diversification can expose an investor to new technologies. Doug is an advisor and sh...

This week Brent catches you up on what is happening in the news relating to the Reconciliation Bill, Democrat negotiations, planning for the year end, and the Pandora Papers. If you are enjoying the podcast, please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent and Rachel go to  https://wealthandlaw.com/team/ .

While Congress negotiates the terms of the Reconciliation Bill and what tax changes may be made this year, we (along with many other estate planning attorneys) have been burning the midnight oil and implementing plans for clients. On this week’s episode of the Wealth & Law Podcast, Brent and Rachel discuss what they are doing during these unique times. They get into what types of trusts...

Jenna Rubin joins the podcast again to discuss Florida’s new directed trustee statute. She, Brent, and Rachel dig into the new law and talk about using trust protectors, structuring trusts to be effective, issues that can arise with directed trustees or trust protectors, and what the future holds for Florida trust planning. You can catch Jenna’s prior episode here: https://wealthandlaw...

This week Brent joins John Strohmeyer on John’s show, Tax Talk, to discuss the House Ways & Means Committee tax proposals, changes to estate planning, and what to expect in the future. They cover the proposals on the estate tax exemption, changes to the treatment of grantor trusts, what they are advising their clients to do now, and much more. John Strohmeyer is the owner of Strohmeyer L...

It’s the moment we’ve been waiting for all year! On Monday, September 13, 2021, the House Ways and Means Committee released their proposed tax changes. It’s a lengthy proposal–881 pages long to be exact–and it still has a way to go before Congress votes on it, but this is the first real insight we are getting into what tax changes may be implemented this year. On this...

We’ve talked a lot already about proposed tax law changes in the U.S. later this year. From potential changes to the federal estate and gift tax exemption amounts to capital gains rates, there’s a lot that Congress is debating. Our friends to the North (up in Canada) are also looking at potential tax law changes as well. On this week’s episode of the Wealth & Law Podcast, Bre...

Cryptoassets are all the rage in 2021. From Bitcoin to NFTs (non-fungible tokens), many individuals and families now own cryptoassets–and depending on when they acquired the asset, the value could be massive. With cryptoassets still a new topic, there are many questions about how wealth and estate planners can help plan for clients owning these assets. This week on the Wealth & Law Podca...

LinkedIn, Facebook, Instagram, TikTok–there’s so many social media platforms these days, but how do you market yourself and your business on each one? This week on the Wealth & Law Podcast, we bring on Ieva Ernestovska, the Founder of SpurOn Media, to discuss how to best use social media to market yourself. Ieva is a marketing expert for professionals and gets into her best tips fo...

This week on the Wealth & Law Podcast, Brent and Rachel sit down with Martin Shenkman to discuss how to build a modern estate planning practice in today’s world. They discuss the role of technology in business and marketing and what steps someone should take to modernize their practice. Martin Shenkman is an attorney in private practice in Fort Lee, New Jersey and New York City. His prac...

Hit me baby one more time–it’s another Britney Spears episode! There’s been a lot of movement in the Britney Spears conservatorship since we last spoke about this in March (if you didn’t catch that last episode, you can do so here ). Since our last conversation about Britney’s conservatorship, Britney personally testified in court, she was able to hire a new attorney,...

We love talking about philanthropy and how individuals and families can incorporate charitable giving into their estate plans. As we’ve mentioned previously on the Wealth & Law Podcast, there are numerous ways that individuals and families can give to charity besides simply writing a check. One great way to give to charities is by setting up a donor advised fund. We bring on Erin K. MacD...

Can you believe it that the year is already half over? This year, we’ve seen a lot of focus on a few main issues that have been popping up for our clients. So on this week’s episode of the Wealth & Law Podcast, we break down the popular issues that we’ve been handling so far this year. We get into international estate planning, prenuptial agreements, business succession plann...

With the world starting to open up, individuals and families are starting to get out and travel again (finally!). So, this week on the Wealth & Law Podcast, Brent and Rachel sit down with Danielle Desir to discuss all things related to personal finance and travel. Danielle gives us her top tips for how to be a financially savvy traveler. Danielle Desir is a blogger, podcaster, speaker, and aut...

On this week’s episode of the Wealth & Law Podcast, Brent and Rachel sit down with Steve Gorin to discuss buy-sell and cross purchase agreements. They get into the similarities and differences between the two types of agreements, why one may be more tax-efficient than the other, the life insurance transfer for value rules, and common traps to be on the look out for. Steve Gorin in a Part...

Planning for retirement is one thing. But planning during retirement is another. This week on the Wealth & Law Podcast, Brent and Rachel are joined by Trey Andrew to discuss financial planning and retirement. They get into: Ways to bring in income during retirement, Utilizing the investment bucketing approach, Managing transitions in life, and Which important investment decisions may be bindin...

This week, Brent and Rachel bring back Shiraz Ahmed to talk about cross border investing and retirement planning. They discuss the similarities and differences between common U.S. and Canadian retirement vehicles and back-door Roth IRAs. They also get into the Robinhood era of investing and when someone should sit down with a financial advisor. Shiraz is a Financial Advisor and Founder of the Sart...