Asset Protection – The Truth About Wealth

Case Study: Don’t Let Procrastination Hinder Your Generational Estate Planning (Ep. 94)

By thetruthaboutwealth | November 9, 2022

Podcast: Play in new window | Download | Embed

They say, “an ounce of prevention is worth a pound of cure.”

When families procrastinate with advanced estate planning, it can jeopardize the success of the next generation and their assets.

In this episode of The Truth About Wealth, John and Michael Parise share a case study that illustrates how they’ve been helping one particular family with their estate planning. Listen in as John and Michael describe their process of minimizing generational taxes by 80% and preparing the next generation to inherit the family business.

John and Michael discuss:

Ways Copper Beech approaches this case study and clients focused on estate planning
The estate planning options they suggest for asset protection
How families can reduce and protect themselves from estate tax exposure
How to effectively prepare the next generation to inherit the family business and/or assets
The role of trusts and liquidity when it comes to estate planning
And more!

Connect with John and Michael:

How to Choose the Right Trustee with David Warren (Ep.75)

By thetruthaboutwealth | February 9, 2022

Podcast: Play in new window | Download | Embed

When estate planning, one of the most difficult decisions is choosing the right trustee for your family. But it doesn’t have to be.

In this episode, John and Michael Parise speak with David Warren, J.D., co-founder, and chairman of Bridgeford Trust Company about the challenges of picking the right trustee and/or trust company, and highlights the things you can do to make a better decision for your family.

John and Michael discuss:

Conflicts of interest in trust planning
Top tier trust jurisdictions
Modern trust law
Asset protection and its benefits
And more

Resources

Bridgeford: Objective Chart Comparing “Top Tier” Trust Jurisdictions

Connect with David Warren

Connect with John and Michael:

About Our Guest:

David Warren is the co-founder and chairman of the Board of Bridgeford Trust Company. With over 20 years of experience as an attorney in the financial services industry, David has a wealth of knowledge on working with ultra-high net worth families across the nation and around the world. As a leader at Bridgeford Trust Company he shapes the strategic growth and brand development. Outside of his roles at Bridgeford, David often speaks throughout the country and around the world on modern and progressive U.S. trust law, addressing several professional organizations and audiences each year.