Money & Law
Retire Richer With These Tax-Free Investment Secrets
In episode 5 of the Estate Planning Made Easy podcast, David T. Phillips reveals key investments that either postpone taxes or accumulate totally income and capital gains tax free.
A/B Trusts, Protect Your Assets and Avoid Probate
A true estate planning attorney helps you craft a logical distribution plan that has true dynasty provisions avoiding the expenses of probate, blessing multiple generations. In this episode of the Estate Planning Made Easy podcast, David T. Phillips explains how this can be done by ignoring Portability, and establishing an A/B Credit Shelter Trust. Using this little-known estate planning technique, you not only avoid probate, the Credit Shelter “B” Trust can grow to unimaginable sums with absolutely no future federal or state estate taxes. What’s more, this tax-free growth can last as long as there are assets in the trust.
The Taxman and Your Estate
David T. Phillips, CEO of Estate Planning Specialists reveals the importance of exploiting the currently lofty $13.6 federal estate and gift tax exclusion, before it “sunset” or drops down to $6 million on December 31, 2025, known as Tax Doomsday!
The WORST Estate Planning Error That Could Unravel Your Legacy
In the second episode of Senior Resource's Estate Planning Made Easy podcast, expert David T. Phillips reveals the number one estate planning mistake. He also shares the strategy you can implement to avoid that mistake.
Logical Estate Planning to Keep Predators, Creditors, and the IRS from Taking Over
In this debut episode of Senior Resource's new podcast Estate Planning Made Easy, estate planning expert David T. Phillips discusses the importance of estate planning and the difference between estate planning and financial planning. He highlight the consequences of not having a plan in place and the potential challenges that can arise, especially during unexpected events like COVID-19. He also emphasizes the need to regularly review and update your estate plan to ensure it aligns with your current circumstances.
Why You Need to Grant Powers of Attorney
Elder law and estate planning attorney Andrea Lee joins Suzanne to share advice and tips for legal planning to help you age gracefully in a situation that you like. Andrea Lee serves as an attorney for Legacy Estate Planning in Belleville, Washington. The power of attorney document is a critical tool to let your family help take care of you when you're in a crisis situation.
Leave a Lasting Legacy: Estate Planning
Most people want their family to remember them, they want to pass on something. What does it mean to leave a lasting legacy? What's a mistake, and what are some pointers? Steve Waltar with Legacy Estate Planning joins Suzanne to talk about matters of Inheritance and philanthropy with your estate.
How to Decide: A Will or a Trust?
Steve Waltar with Legacy Estate Planning joins Suzanne to talk about whether you might prefer to have a will or a trust, and why.
How to Choose Beneficiaries: Estate Planning
Steve Waltar with Legacy Estate Planning joins Suzanne to talk about the particulars of choosing beneficiaries when planning for your estate.
How to Prepare Financially for the Unknown
Finance expert David Phillips joins Suzanne to talk about how to anticipate the future by putting a finance plan in place to take advantage of factors that we can control, and account for risks such as longevity, running out of money, potential inflation, taxes, and the needs of long-term care.
