Episodes

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 shareholder at TCI Wealth Advisors. Doug has received numerous national recognitions based upon his b...

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 and planning techniques they are utilizing ahead of the proposed tax changes, potential issues with funding t...

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.com/2020/05/06/episode-8-electronic-wills/ Jenna is a partner at the law firm Gutter, Chaves, Josepher, Rubin,...

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 Law PLLC, in Houston, Texas. After earning his B.S. in Zoology from the University of Texas at Austin, John sp...

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 week’s episode of the Wealth & Law Podcast, Brent and Rachel highlight some of the key proposed changes to the estate planning r...

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, Brent and Rachel chat with Paul Taylor to discuss the proposed tax changes in the U.S. and Canada and the potential impact th...

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 Podcast, Brent and Rachel sit down with Matt McClintock, a well-known cryptoasset attorney, to discuss all things ...

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 for how to promote your personal brand and business on LinkedIn, Facebook, and Instagram. You can learn more and cont...

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 practice concentrates on estate and tax planning, planning for closely held businesses, and estate administration...

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, and a petition was filed to remove her father as conservator. So on this week’s episode of the Wealth & Law Podcast, we break down...

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. MacDonald this week to talk all about donor advised funds. We get into what a donor advised fund is, how to set o...

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 planning, conservatorships, and making big gifts. We’d love to hear if you are seeing the same issues pop up, leave us a comme...

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 author who is frequently quoted in the media. Danielle travels the world and runs the affordable-travel an...

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 Partner at Thompson Coburn LLP. Steve crafts estate plans for individuals, keeping in mind their financial securi...

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 binding. Trey Andrew is a Wealth Advisor at Carson Wealth who focuses on his clients’ short-term needs an...

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 Sartorial Wealth team of Raymond James Ltd. He specializes in coordinating the financial care for clien...

This week on the Wealth & Law Podcast, Brent and Rachel are joined by Emily B. Kile to discuss Medicaid and long term care planning. They get into the basic requirements for Medicaid, and in particular, Arizona’s ALTCS program, other social security programs, and how individuals and families can start planning for long-term care today. Emily B. Kile is a graduate of the Northeastern School of Law in Boston, Massachusetts. She graduated Magna Cum Laude and Phi Beta Kappa from the University of C...

This week, Rachel and Brent talk with Andrea Carr about tax planning in Hawaii. They cover the basics of Hawaii income tax and talk about the many traps for the unwary. In particular, they get into detail about the Hawaii tax credits for photovoltaic systems, the Hawaii excise tax, and the technical steps to successfully comply with those rules. Andrea Carr is a CPA located in Honolulu, Hawaii. She operates Carr CPA LLC and can most often be found on her active Twitter feed @andreacpa0.

This week Brent is joined by special co-host Gary Fletcher to discuss the Biden Administration’s “Green Book” (or budget proposal). They focus in on proposals to increase the capital gains rates, taxing transfers of capital assets, what the spousal and charitable exceptions might mean, and why the Green Book does not mention changing the gift and estate taxes. Gary Fletcher is an attorney and CPA at the firm Nystedt & Fletcher, PLLC in Tucson, Arizona. Gary practices tax accounting and estate p...

This week on the Wealth & Law Podcast, the ladies take over the show! Rachel sits down again with Deborah Plum to talk about our must have estate planning documents. Whether someone is worth $100,000 or $100 million, they go over the foundational documents to any estate plan. You can learn more about Deborah here: https://rimonlaw.com/team/deborah-plum. 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://wealt...

This week on the Wealth & Law Podcast, Brent and Rachel sit down with Jamie Mendelsohn to discuss life insurance policies and the life settlement market. Many people may be surprised to learn that a life insurance policyholder can sell their existing policy to a third-party for a one-time cash payment. The payment is generally more than the surrender value, but less than the actual death benefit of the policy. This transaction, known as a life settlement, can help create liquidity for the policy...

Sometimes, it just feels good to get something off of your chest. So this week on the Wealth and Law Podcast, Brent and Rachel are going over the things that grind our gears. From billionaire profiling, to “simplified” tax laws, to everyone’s favorite–the IRS, we highlight our top annoying things to deal with this week. We’re sure that we missed a few and we’d love to hear what yours are. Leave a comment below to tell us what’s grinding your gears this week. If you are enjoying the podcast, pl...

We hardly ever focus on a particular Internal Revenue Code Section on the Wealth & Law Podcast, but we think that Section 2104(b) deserves to be special. In our opinion, this is one of the most nerve-racking sections in the Code for non-residents and non-citizens. Brent and Rachel dive into the perils of Section 2104(b) and how it could result in disastrous federal estate tax consequences. If you are enjoying the podcast, please SUBSCRIBE and leave a REVIEW, and if you want to learn more about ...