Episodes

This week Brent and Rachel answer the basic investment questions they hear from their friends and clients: What is an IRA or 401k? What are the differences between stocks, bonds, mutual funds, ETFs? How does short-term and long-term investing work? What do you think about bitcoin? In this episode, they explain each of these and much more. 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/...

This week, Brent and Rachel chat with Rodrigo Castillo Cottin about US-Colombian cross border planning. Rodrigo explains the basics of Colombian tax and estate planning laws, gives helpful insights into key issues, and chats about how to be flexible in planning. Mr. Castillo Cottin opened the Rimon, P.C. legal practice in Colombia, Rimon’s first Latin American office, to focus on Trusts & Estates and Tax law. He advises multijurisdictional enterprises, financial institutions, and high-net-worth...

This week, Brent and Rachel are joined by Anna N’Jie-Konte. Anna has decades of experience in financial planning and was the perfect person to talk to about generational wealth. As a first-generation American, Anna discusses the keys to building generational wealth. The three of them also get into wealth inequality as a by-product of generational wealth and what we can each do to help bridge the gap. Anna N’Jie-Konte is a Certified Financial Planner and the founder of Dare to Dream Financial Pl...

This week, Brent and Rachel chat about community property. They explain what it is, how it works, what its tax benefits are, and they explain how one might be able get the tax benefits of community property event for property in a non-community property State. They have previously written about community property here and you can listen to them talk about community property in the divorce context here. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to lear...

The SECURE Act (remember that) has been around for one year now. To commemorate its first birthday, Brent and Rachel look back at the SECURE Act and how it has changed the landscape for designating a trust as a beneficiary on an IRA. Brent and Rachel have already written about this issue before here and have touched upon this topic in an earlier podcast episode here. But in this week’s episode, they take a deeper dive into which trusts may be the best IRA beneficiaries and how you go about doing...

Americans across the country were shaken up by the assault on the U.S. Capitol on January 6, 2021. On this week’s episode of the Wealth & Law Podcast, Brent and Rachel try to make sense of the whole situation by analyzing the events from a legal perspective. They discuss the events leading up to the riot, the various court cases, and hypothesize what Americans might see in the days leading up to the Presidential Inauguration. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, ...

It is probably no surprise to hear that one of the most common New Year’s Resolutions is to save money. To kick off 2021, Brent and Rachel sat down with George Grombacher to discuss how individuals can be better with money. George gives some of his best tips for getting your finances in check for the new year, how a budget can help, and whether you may need the help of a professional. George is a consultant, podcaster, writer, and speaker. He spent 10 years with a Fortune 100 company as an advi...

This week Brent and Rachel give their wrap up of the podcast in 2020. They discuss key events of the year, important topics they covered, starting the podcast, and what they look forward to in 2021. It has been a long year! Thanks for listening to the podcast and engaging with us about it. We appreciate your support! 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/.

Rachel and Brent are again joined by Fernando Barraza for Part 2 of their conversation about planning for families and businesses in the US and Mexico. In Part 2 they dig into specific planning ideas to overcome some of the challenging and penalizing US international tax rules. Fernando Barraza is a Tax Shareholder and a member of the firm’s International and Estates & Trusts segment teams. He is a dynamic and proficient business consultant with over ten years of public accounting experience, d...

This week, Brent and Rachel sit down with Fernando Barraza to discuss challenges and opportunities for US-Mexico cross border families. In Part 1, they discuss the broad international tax rules that apply to these families, their businesses, and their investments. They flag key concerns and foot faults. In Part 2, they discuss practical solutions and planning options. Fernando Barraza is a Tax Shareholder and a member of the firm’s International and Estates & Trusts segment teams. He is a dynam...

This week, Brent and Rachel sit down with T.J. Ryan to discuss the use of penalty clauses in estate planning documents. The three of them explain what a penalty clause is, what they look like, and how they are used in estate planning documents. They also get into how Arizona courts have applied penalty clauses in the past and how penalty clauses might be applied in the future to particular situations. T.J. Ryan is a trust and probate litigation and estate planning attorney at Frazer Ryan Goldbe...

Brent and Rachel are joined by Olivia Roberts and David Joseph of Knockout Digital Marketing to talk about marketing trends for lawyers and financial advisers, things that don’t work, and their top five things to do to improve marketing efforts. We also discuss targeted advertising, social media, and old fashion business development tools. You can learn more about Knockout Digital Marketing here: https://www.thinkknockout.com/ You can reach the Knockout Digital Marketing team here: 619.630.4767...

This week, Brent and Rachel are joined again by Darren Case for Part 2 of their conversation about post-election estate planning. This is a rapid fire session, where we throw ideas for end of year planning at Darren and he gives us his hot takes. We cover: SCIN GRATs Long-Term Notes Series SLATs Flip SLATs 99-Year GRATs 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, probate, and tax, and is t...

This week, Brent and Rachel are joined again by Darren Case to talk about post-election estate planning. They dive into what the election results mean for end-of-year tax planning and how Arizona’s Prop. 208 affects high-income families. They also get into a fun Q&A on unique tax planning techniques. 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, probate, and tax, and is the Co-Author (with Brent ...

With the 2020 federal elections now completed (well, almost completed), Brent and Rachel go into their three-step plan for how to reconcile after the election and move forward. They also get into Arizona’s Proposition 207, which legalized the recreational use of marijuana, and what the post-election landscape means for the ongoing Black Lives Matter movement and the fight for racial justice. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about...

Brent Nelson and Rachel Sass are joined by Kevin McMahon, CLU, ChFC, of WealthPoint (https://wealthpoint.net/our-people/), to discuss life insurance. They get into depth on different types of policies, evaluating a client’s needs for life insurance, the tax treatment of the products, and whether life insurance should be viewed as a separate asset class.