EPISODE · Oct 3, 2024 · 14 MIN
10/3/24: Why Merely Signing a DNR isn’t Enough
from THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · host Ric Edelman
Ric explores the personal decision of whether to pursue heroic medical interventions at the end of life, highlighting contrasting views on resuscitation from a patient's perspective. It emphasizes the importance of clear communication about Do Not Resuscitate (DNR) wishes and understanding the realities of medical interventions. Plus, the tax implications of converting mutual funds into ETFs, highlighting that selling mutual funds in taxable accounts triggers capital gains taxes, while IRAs allow for a tax-free transition. #EndOfLife #HealthcareDecisions #DNR #PatientRights #ResuscitationChoi#MutualFunds #ETFs #Investing #TaxImplications #CapitalGains #RetirementAccounts #TaxEfficiency #FinancialPlanning #InvestmentStrategies #MarketTrends #RicEdelman #WealthManagementces #LifeAndDeath #PainManagement #HeroicActs #TerminalIllness #MedicalEthics #InformedConsent #FamilyConversations ----- Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today’s show: 10/9 Webinar - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/ 10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning 9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond 9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now 9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-what Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/ ----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X: https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman ----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones Schwab: https://www.schwab.com/ TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee
What this episode covers
Ric explores the personal decision of whether to pursue heroic medical interventions at the end of life, highlighting contrasting views on resuscitation from a patient's perspective. It emphasizes the importance of clear communication about Do Not Resuscitate (DNR) wishes and understanding the realities of medical interventions. Plus, the tax implications of converting mutual funds into ETFs, highlighting that selling mutual funds in taxable accounts triggers capital gains taxes, while IRAs allow for a tax-free transition. #EndOfLife #HealthcareDecisions #DNR #PatientRights #ResuscitationChoi#MutualFunds #ETFs #Investing #TaxImplications #CapitalGains #RetirementAccounts #TaxEfficiency #FinancialPlanning #InvestmentStrategies #MarketTrends #RicEdelman #WealthManagementces #LifeAndDeath #PainManagement #HeroicActs #TerminalIllness #MedicalEthics #InformedConsent #FamilyConversations ----- Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today’s show: 10/9 Webinar - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/ 10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning 9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond 9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now 9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-what Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/ ----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X: https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman ----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones Schwab: https://www.schwab.com/ TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee
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10/3/24: Why Merely Signing a DNR isn’t Enough
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