Wealth and Law

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 career spanning back to 2013, Jessica honed her expertise in financial planning through roles at both large and small firms. Her commitment to excellence led her to earn the prestigious CERTIFIED FINANCIAL PLANNER designation in 2018, followed by the Enrolled Agent credential in 2022. Jessica’s wealth of experience extends across diverse life stages, from recent graduates launching their careers to retirees enjoying their well-deserved relaxation. She is an active member of esteemed professional organizations, including the XY Planning Network, the National Association of Personal Financial Advisors (NAPFA), and the Financial Planning Association. Jessica can be found here: https://www.pavilionfp.com/about/ She also co-hosts the Fleece Vests Podcast https://podcasts.apple.com/us/podcast/fleece-vests/id1692832079

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 Arizona in 2010. Matt’s primary interest in law focuses on serious personal injury, insurance bad faith, and police liability. Prior to attending law school, Matt earned two Bachelor of Arts degrees in English and Creative Writing at the University of Arizona. During this time, his interest in travel sent him on two study abroad programs in Italy and Ireland. His passion for creative writing has not left him since then, having self-published two children’s books for his two older children – with a third book in the works. Matt’s writing talent even won him 2nd place in the Arizona Attorney’s creative arts competition in May 2011 for his fictional piece “The Taker.” When he is not practicing law, writing or traveling with his wife, Matt enjoys participating in or watching just about any sporting event. He played rugby at the University of Arizona, played for the Old Pueblo Lions’ Rugby Club until recently, and still bleeds red and blue when it comes to the Arizona Wildcats. Now, Matt’s passion for sports, penchant for mentoring, and love of his family have combined as a coach for his sons’ baseball and soccer teams. Matt also enjoys staying active in the community and has been involved in various philanthropic and charity organizations such as the Big Brothers and Big Sisters of Tucson program, as the President and Founder of the Engage Foundation, and being on the Board of Directors for the Empower Coalition, among many others. Matt can be found here: https://www.azinjurylaw.com/Attorneys/Matt-Schmidt.aspx, and his email, as mentioned in the episode, is mschmidt@azinjurylaw.com. Robert Waldinger’s TedTalk about Happiness and the Harvard Study of Adult Development can be found here: https://www.ted.com/talks/robert_waldinger_what_makes_a_good_life_lessons_from_the_longest_study_on_happiness

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/team/.

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 advanced planning needs. In addition, he oversees the firms Retirement and Corporate Services practice. Previously, Mr. Barrett spent four years as an Investment Advisor with a boutique private wealth management firm in Los Angeles. Brad was head of Corporate Services Business Development for American Financial Network for three years. His experience and knowledge as head of the firm’s Corporate Services division has allowed him to provide essential research, analysis, and strategy recommendations for high net worth individuals and the companies they own or represent. Brad earned his Bachelor degree in Economics and Political Science from Arizona State University. Brad can be found here: https://www.onecapital.com/brad-barrett.html 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 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/martinshenkman/2023/03/12/back-end-slats–a-slat-ilit-dapt-or-spat-by-another-name/?sh=78e280a83ac0 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.  Martin is a regular source for numerous financial and business publications, including The Wall Street Journal, Fortune, Money, The New York Times, and others. He has appeared as a tax expert on numerous public and cable television shows including The Today Show, CNN, NBC Evening News, CNBC, MSNBC, and CNN-FN. He is a frequent guest on radio talk shows throughout the country and has a regular weekly radio show on Money Matters Financial Network. Martin is also a well-known author, having published 42 books and more than 1,000 articles. You can learn more about Martin here: https://shenkmanlaw.com/. 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/.

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 where he helps others arrive at positive financial outcomes and achieve peace of mind through trusted, respectful, honest and open communication is what makes it all worthwhile. He can be reached at https://tciwealth.com/employee-directory/sam-swift/. 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/.

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 Ryan Goldberg & Arnold LLP. T.J. is a Fellow of the prestigious American College of Trust and Estate Counsel (ACTEC). He focuses his practice on personal and business planning, including estate planning, estate administration, business entity formation, and trust and probate litigation. T.J.’s contact information can be found at: https://www.frgalaw.com/attorneys/ryant. 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/.

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, Florida. She is a Harvard Law graduate, and a graduate of Northwestern University. She is also a Fellow in the American College of Trust and Estate Counsel (ACTEC). She can be found at https://floridatax.com/lawyers/jennarubin/, and she blogs at http://home.rubinonprobatelit.com/. 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/.

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, Massachusetts. She graduated Magna Cum Laude and Phi Beta Kappa from the University of Colorado, Boulder and holds a Master’s Degree in Psychology from Boston College. She is a member of the National Academy of Elder Law Attorneys (NAELA), past President of the Arizona Chapter (2008), and a member of the Academy of Special Needs Planners and the Special Needs Alliance. She is licensed to practice law in Arizona. She has been licensed to practice law since 1993. Emily also serves on the Arizona Fiduciary Board. The Fiduciary Board oversees the discipline of fiduciaries licensed in the State of Arizona and approves requests for licensure. She practices in the areas of: estate planning, guardianship & conservatorship, ALTCS planning, probate & trust administration and special needs planning. You can contact her here: https://kilelawfirm.com/emily-b-kile%2C-esq. 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/.