Episodes

Brent chats with Amy Vetter about using her Business, Balance & Bliss method to identify, manage, and overcome the negative effects of stress. The conversation is wide ranging and Amy provides specific insight into how these normal human challenges can help anyone–professionals and their clients. The lessons shared reach beyond professional life to give listeners a view of some of the life experience and behavior of their clients so that they can help them find success in their lives. Amy Vette...

Brent talks about crypto and NFTs. He discusses the unique challenges of planning with these assets, including electronic asset laws, document preparation, taxation, valuation, and the fact they are bearer assets. He then discusses what he thinks the future holds, speculating about NFTs for physical things such as real estate rights, private equity, and trusts. For extra reading, check out Stacy Singer and Fred Weber’s excellent article written for Bloomberg Tax here: https://www.northerntrust....

In an era where the digital transformation has made its mark on every industry, how does it influence the realm of estate planning? This episode delves deep into the technological integration within distributed estate planning practices – those that span across multiple jurisdictions and even internationally. What’s Inside: Expanding Client Reach: Discover how technology makes it easier than ever to cater to both multijurisdictional and international clients. We’ll explore tools that offer dig...

Brent chats with Jessica Goedtel about the unique challenges faced when doing financial planning for sex workers. They talk about building trust, creating a plan, managing volatile income streams. While focused on sex workers, many of the lessons relate to financial planning for any entrepreneurial individual. Jessica is a seasoned financial planner at Pavilion Financial Planning with a passion for empowering individuals from all walks of life to take control of their financial futures. With a...

Brent chats with Matt Schmidt about the causes and cures for stress in professional life. They discuss the factors that are causing you stress and how experts, and they personally, suggest taking action to reduce stress. Of course, there is no cure for stress. They point out how to therefore harness stress to make it more of a tool than a hinderance in your life. Matt Schmidt is a partner at Schmidt, Sethi & Akmajian and graduated from the James E Rogers College of Law at the University of Ariz...

Brent chats about the sovereign citizen movement and how federal courts treat their arguments (not well). He provides a TikTok example of their arguments and then shares language from federal court cases showing exactly how wrong the sovereign citizens are. Short story: you don’t want to be one and you definitely don’t want to play one in federal court. 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/t...

Brent explains how to make good intrafamily loans, especially in a volatile interest rate environment. He discusses the relevant interest rates, how the length of a loan effects the outcomes, and how to use tiered loans for even better results. 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/.

Brent chats with Brad Barrett about the essence of retirement and the art of fostering positive and prosperous relationships with money. They delve into the complexities of redefining retirement in the modern context and provide insights into the strategies for creating meaningful financial relationships. They also talk about setting goals that are meaningful. Brad is a Managing Director with One Capital Management. He advises private individuals and families on their personal investment and ad...

Brent chats with Martin Shenkman about spousal lifetime access trusts (SLATs). They discuss the many variations of these important estate planning tools, from irrevocable life insurance trusts (ILITs), traditional SLATs, special power of appointment trusts (SPATs), and domestic asset protection trusts (DAPTs). They explain the pros and cons of each and have lots of laughs in between. You can read an excellent article Marty wrote on the topic for Forbes here: https://www.forbes.com/sites/martins...

In this episode, Brent has a compelling conversation with Sam Swift, delving into recent market developments and providing invaluable insights for making well-informed planning decisions amidst market volatility. They discuss the psychological aspects influencing decision-making, learn effective strategies to minimize errors, and discover ways to maintain goal consistency while adapting to the ebb and flow of the markets over time. Sam Swift, CFA, CFP®, AIF® is the CEO of TCI Wealth Advisers wh...

Welcome 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. They discuss what they are, how they work, and why they are important. They also explain how probate works, how Wills are structured, and planning options. T.J. Ryan is a trust and probate litigation and estate planning attorney at Frazer Ry...

Welcome 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. They discuss what they are, how they work, and why they are important. They also explain where they fit into a typical estate plan. Jenna is a partner at the law firm Gutter, Chaves, Josepher, Rubin, Forman, Fleisher, Miller P.A. in Boca Raton...

Welcome 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 document: the health care power of attorney and living will. They discuss what they are, how they work, and why they are so important, though often overlooked. Emily B. Kile is a graduate of the Northeastern School of Law in Boston, Massachu...

Welcome 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 what, how, and why questions relating to these prevalent estate planning tools. Deborah and Brent also discuss practical aspects of revocable trusts and when they are appropriate. You will learn: What is a revocable trust? What is a Trustee? ...

Welcome to the 2023 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 they work, what they do, and how they interact. You will learn about the difference between a trustee, personal representative, agent under a financial power of attorney, agent under a health care power of attorney, and guardians. Ge...

Brent chats with Anna N’Jie-Konte and Keith Beverly, owners of Re-Envision Wealth, to discuss the secrets to creating strategic generational wealth. They provide effective strategies essential to helping clients grow and keep their wealth across generations. Anna N’Jie-Konte, MBA, CFP® is the President and Director of Financial Planning for Re-Envision Wealth, one of the few black-owned advisory firms in the country. She currently serves as a financial advisor and investment consultant to indiv...

In this episode, Brent talks to Darren Case, a partner at Tiffany & Bosco and a Fellow of the American College of Trust and Estate Counsel (ACTEC). They discuss the challenges and opportunities for ultra-high-net-worth (UHNW) families in today’s complex and uncertain environment. Together, they explore intricate financial aspects like the trends around interest rates, the mechanics of Grantor Retained Annuity Trusts (GRATs), Spousal Lifetime Access Trusts (SLATs), and the intricacies of irrevoca...

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 ...

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. You can learn more about Brent here: https://www.rimonl...

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. You ...

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. Ashley Francis is the owner of the Francis Group, PLLC, a CPA firm that offers sophisticated, personalized tax and accounting services tailored to your needs. Its team of hig...

In 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 financial plan, and how being flexible with different forms of investments can lead to financial success. Tune in now to learn how to navigate asset classes like a pro! You can learn more about Doug here: https://tciwealth.com/employee-dir...

In 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 own podcast, and overcome obstacles along the way. Tune in to learn from Kyla’s journey and gain insights on how to create a podcast that will attract and engage your listeners. You can learn more about Kyla here: https://www.youarealawyer.com/ If you are e...

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, t...