Month: April 2025

Your Guide to Family Business Succession (Ep.134)

Your Guide to Family Business Succession (Ep.134)

What does it mean to treat all family members fairly in terms of wealth distribution? 

John and Michael Parise dive into the complexities of estate equalization within family businesses. In this episode, they unravel a recent case study highlighting the challenges faced when generational wealth intersects with family dynamics.

Listeners are in for a detailed exploration of best practices for ensuring fair treatment, asset protection strategies, and the nuances of managing family businesses across different generations. Discover pragmatic insights on structuring estate plans that both honor family values and preempt potential conflicts.

Other key discussions include:

  • The difficulties of equalizing estate distribution among children in business contexts (00:02:03)
  • Real-world examples of handling business ownership transitions (00:03:28)
  • The role of life insurance in balancing estate values (00:24:43)
  • The importance of pre-emptive planning in preserving family legacies (00:14:03)
  • And more!

Connect with John and Michael Parise:

How to Use Leverage to Create Generation Wealth (Ep. 133)

How to Use Leverage to Create Generation Wealth (Ep. 133)

How can you create a legacy that spans generations?

Join financial experts John and Michael Parise of Copper Beech Financial Group as they delve into the concept of leveraging assets to build and sustain generational wealth. This episode explores the strategic use of financial instruments like IRA accounts and life insurance to enhance family wealth and legacy planning. Discover how asset leverage can support tax-efficient growth and provide long-term benefits for your family’s financial future.

Key discussion points include:

  • The role of leverage in real estate and other assets to boost family wealth [00:02:40]
  • Leveraging IRA assets for generational wealth goals amid changing tax laws [00:04:33]
  • Strategic gifting and using life insurance for tax-efficient wealth transfer [00:08:00]
  • Creating an estate bank for future generational use and asset protection [00:17:43]
  • Employing business strategies for succession and leveraging corporate assets [00:29:26]
  • And more!

Connect with John and Michael Parise: