Month: September 2023

Preserving Your Family History And Creating A Lasting Legacy (Ep. 110)

Preserving Your Family History And Creating A Lasting Legacy (Ep. 110)

Do your kids and grandkids know your family’s legacy? 

Make sure they do by creating a video memoir! 🎥

In this episode, John and Michael Parise shed light on the importance of transferring values when transferring wealth to create a lasting legacy. 

They go over some of the questions they ask the families they work with when creating video memoirs to pass down their values to future generations while sharing a case study and talking about how modern technology makes capturing these values and family moments on video more convenient.

John and Michael discuss:

  • The importance of transferring values when transferring wealth to create a lasting legacy
  • Videos as a tool to preserve family history and values
  • The convenience modern technology provides for capturing family moments
  • Why it’s important to preserve family stories and values for future generations
  • A case study: How they helped a family create a video memoir
  • The importance of capturing stories from multiple generations
  • And more!

Resources:

Connect with John and Michael Parise:

Navigating Blended Families and Estate Taxes: A Case Study Discussion (Ep. 109)

Navigating Blended Families and Estate Taxes: A Case Study Discussion (Ep. 109)

Are you struggling with complex estate planning situations?

In this episode, John and Michael Parise uncover two case studies, one that worked and one that didn’t. 

Throughout the two case studies, Michael explains his role in the estate planning process and the challenges of working with a business owner with significant estate tax exposure. Adding to the conversation, John emphasizes the importance of balancing fairness and equality when dealing with multiple beneficiaries in estate planning.

John and Michael discuss:

  • The challenges of working with a business owner with significant estate tax exposure and a lack of liquidity to pay for it
  • Why it’s important to balance fairness and equality when dealing with multiple beneficiaries in estate planning
  • The different challenges that can arise when estate planning with business owners and beneficiaries across multiple generations
  • How their impact on families’ financial planning is compounded through generations
  • And more!

Connect with John and Michael Parise: