Wealth and Law

Brent chats about how adding leverage (or debt) to estate planning vehicles can increase the wealth transfer potential. He talks specifically about adding debt in irrevocable grantor trusts, GRATs, and family limited partnerships. This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/

Brent chats about how to move a trust’s income tax residence to a State with no income tax. He talks about what trusts can do this and when and why it might make sense. He also explains when the math does not favor that kind of move. This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/

Brent chats about the new administration, and news of tax proposals from Republican tax negotiators. He shares his thoughts on tariffs, lower C corporation tax rates, the SALT deduction, the 199A deduction, opportunity zone funds, and estate tax. He also discusses what some of these changes could mean for taxpayers trying to plan. This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/

Brent chats about how he’s thinking about using the 2025 Estate Tax exemption of $13.99 million. He discusses getting ulta-high net worth clients to act, the basic planning frameworks and numbers, and benefits of the full picture. This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/

Brent chats with Ryan Halvorson about how to make smart moves with equity compensation. They talk about different kinds of equity compensation, from RSUs, stock options, to deferred compensation. They then explain what issues to watch out for and how to make smart decisions from a financial planning perspective. Ryan Halvorson is an advisor at TCI Wealth Advisors. With more than a decade of wealth management experience, he brings determination and passion as an advisor. He provides tailored advice to help individuals make informed decisions about their financial future. Prior to joining TCI, his professional journey included roles at Merrill Lynch, US Trust, US Bank Private Wealth Management and Morgan Stanley.  Beyond the numbers and charts, building relationships with clients is what Ryan enjoys most.  These relationships go beyond transactions and are founded on trust and understanding. Ryan’s goal is to create connections that stand the test of time. He is honored to be a reliable and steady partner with his clients that will last for the next 20-30 years.   Ryan can be found here: Ryan Halvorson, CFP® – TCI Wealth This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/

In this conversation, tax lawyer and historian Paul Hood dives deep into the aftermath of the Connelly case and its impact on buy-sell agreements. He clarifies how this Supreme Court ruling reshapes business succession planning and discusses the critical role of accurate valuations. Paul emphasizes the need for updated financial agreements and explores common pitfalls to avoid. With his extensive experience, he explains complex legal concepts in relatable terms, shedding light on the importance of effective communication between clients and advisors.

Brent chats with Toni Ann Kruse, a Partner at McDermott Will & Emery, specializing in estate and wealth transfer planning for high-net-worth families. They dissect the practical and tax implications of expatriating from the U.S., discussing residency distinctions and significant tax obligations. Toni Ann highlights day-to-day challenges and emphasizes the importance of pre-planning to minimize tax liabilities. They also delve into the mark-to-market regime and the complexities of gifting to U.S. citizens, stressing the need for thorough preparation.

Brent chats with Geoff Grenert about how to help client understand complicated ideas as part of their planning. They discuss the challenge of explaining things simply, helping people overcome their own fears, and ultimately helping people make wise decisions. They also talk about their processes for creating and delivering the message their clients need to hear. Geoff, Cypress Strategies founder, has worked with affluent families and businesses since 1997 in the area of legacy planning. He helps his clients crystallize their goals and objectives from a family, business and personal perspective. Together with his support staff and the clients advisors he creates a synergy of talent, education, and resources; providing a dynamic team approach in creating and implementing innovative and efficient planning solutions. Geoff brings years of experience in the design and acquisition of large life insurance policies. Because of his knowledge, trust offices, accounting firms, and tax attorneys seek his advice. This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/

Discover the unique challenges of planning finances with a non-citizen spouse. Learn about tax implications like estate and gift tax deductions, and the importance of qualified domestic trusts. Brent highlights potential pitfalls across different family generations. Get insights into Form 3520 and navigate income tax recognition events, making financial planning smoother despite citizenship differences.

Brent chats with Matt Hochstetler about the basics of irrevocable life insurance trusts (ILITs). They explain what these trusts are, why they are useful, Crummey provisions, and creative planning with life insurance. Matt Hochstetler is a trusts-and-estates attorney practicing in Naples, Florida and Canton, Ohio. His practice serves wealthy families, family offices, and private trust companies across the United States.  Matt counsels clients on estate planning and administration as well as matters concerning the structure and operation of family offices and private trust companies. Matt is an ACTEC Fellow and earned his LLM from the University of Miami Heckerling Graduate Program in Estate Planning, where he was the highest-ranking student in multiple classes.  He received his Juris Doctor magna cum laude from the University of Toledo College of Law. This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. 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/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/