Oil Shock, Escalation in the Middle East & The Hidden Risks of Life Estates

Markets were hit with fresh volatility after reports of an attack on the world’s largest natural gas field, sending oil prices sharply higher and raising new concerns about global energy supply. Chuck and Mark break down what this escalation means for crude markets, LNG infrastructure, inflation, and the broader economy—along with a hotter-than-expected Producer Price Index (PPI) report that could complicate the Fed’s path forward.Todd Lutsky joins for Ask Todd to explain why life estates can create unintended tax consequences and loss of control—especially when compared to irrevocable trusts. He also answers listener questions on revocable trusts, protecting rental properties from the five-year lookback, and navigating the Massachusetts estate tax exemption.A packed episode covering energy shocks, inflation pressures, and smart estate planning strategies.