Monthly Archives: July 2019

Episode 12 – 7 Common Objections to Trusts: Part 1



Trusts are the backbone of estate plans, and yet many families are objecting to having one. What’s going on?

Too often, families believe misconceptions about trusts or feel too intimidated. In this episode, John and Michael Parise explain how they help families overcome seven common objections and discover the truth about trusts.

In this episode, you will learn:

  • What trusts really are, how they work, and why families use them
  • How you can use trusts to protect your assets from lawsuits or creditors
  • Why every family, regardless of their net worth, can use trusts
  • How to simplify trusts to make them work to your advantage
  • How a will compares to a trust in the way that it functions over a longer timeframe
  • And more!

Tune in now to learn the truth about trusts!

Resources:  Copper Beech Financial Group


Episode 11 – Align Your Tribe



A strong team is the backbone of a business. Without cohesive teamwork, a business cannot and will not be successful.

In this episode of The Truth About Wealth Podcast, John and Michael Parise discuss the importance of “aligning your tribe”: working with your family and partners to accomplish the shared goal of building and managing wealth.

In this episode, you will learn:

  • Why the Copper Beech team sometimes acts as family counselors and psychologists as well as financial advisors
  • The importance of determining a designated individual who will take on the financial responsibility with each new generation
  • Which processes Copper Beech uses to build relationships with other advisors who are working with the same family
  • And more!

Check out this episode of The Truth About Wealth Podcast to learn the importance of building a strong team to achieve your goals!

Resources:  Copper Beech Financial Group


Episode 10 – It’s Not What You Make, It’s What You Keep



Do you know what your net rate of return is on your investment portfolio? How much money are you actually taking home at the end of the day?

In this episode, John and Michael Parise discuss the importance of understanding that it’s not about what you make, it’s about what you keep.

In this episode, you will learn:

  • What your financial advisor means when they talk about your “net composite rate of return”
  • Why it’s so important to know the difference between taxable income vs. tax-free income
  • Which investment portfolio fees you might not be aware of
  • How different types of investment income are taxed
  • Why you should meet with your advisor quarterly rather than annually
  • And more!

Tune in and learn how to keep more of your money!

Resources:  Copper Beech Financial Group | “10 Eye-Opening Questions” Whitepaper