Stewardship Matters Podcast

In this podcast we address two overlooked or hidden taxes for investors.  Recapture Taxes on investment rental properties and Phantom Income on taxable investment portfolios are painful and learn more of what you need to know.     

Stick with me. I have eight smart strategies that can help you legally minimize, defer, or even eliminate those taxes depending on your goals.

The preparation for a crew race and personal legal preparation for estate planning, though fundamentally different activities, share several similarities in terms of strategy, organization, and execution. In this podcast I share some key parallels.

Splitting Heirs is considered a classic read in estate planning. Key themes: wealth transfer, family communication, tax considerations and philanthropy. This podcast I will focus on family communication and the role it plays and some practical examples.

What Is a Securities Backed Line of Credit? Specialized loan on your investments such as stocks, bonds and mutual funds. No 1099 to access funds, puts you in greater control and usually with more favorable rates as well.

We discuss some recent studies on eldercare and its impacts then discuss some practical next steps and lastly some possible solutions.

A codicil is a legal document used to make changes or additions to an existing will without having to rewrite the entire will. Typical updates include: change beneficiaries, update executors, or modify specific requests.   This is educational post and not to be considered legal advice. 

I stumbled upon something small but yet significant to my life and like to share it and some takeaways or lessons.  Unexpected joy in doing something healthy and rewarding and now I love to share this with others.

In this episode, I summarize for you Stephen Covey's 7 habits for highly effective families. I love sharing this with you and trust it will spark ideas and topics for conversation in your family. Be proactive. Begin with the end in mind. Put first things first. Think win-win. Seek first to understand, then to be understood. Synergize. Sharpen the saw.

In this episode, I share 10 key emotional advantages of adding coloring to your activities.  What good is it if we have only financial health and not the other forms of health? Consider again trying coloring for the many benefits on our mental health.

In this podcast, I summarize a popular book that came out several years ago by author Robert Kiyosaki called Rich Kid Smart Kid.  Cover 7 key points and I close with some practical advice from my own experience. 

Did you know there have been significant improvements in annuity costs and expenses in the past few years and a new distribution channel has made this possible. Registered Investment Advisor fee only annuity has several advantages discussed in this short podcast. You can reach me at [email protected]

We address the steps to take in order to get both your "Durable Power of Attorney" and your "Medical Power of Attorney".  From choosing your agent to deciding on limitations and getting documents to review and sign and witness and properly store and share with interested parties.   I want to encourage you to reach out to me to discuss how you can efficiently and effectively gets these very important legal forms in place. www.stewardshipmatters.net

In the episode, I share one of the most overlooked governmental benefits available to both our veterans and their surviving spouses. War period active duty at least 90 days of service. Need personal help with lifestyle as we all age. Listen for more on this Improved Pension Benefit aka Aid and Attendance from Veterans Affairs. It could be worth hundreds of thousands of dollars to you and your family. Stewardshipmatters

In this episode, we discuss the benefits and motivations for using a donor advised fund for your charitable giving. Simplified way to support your favorite charities and provide greater control and flexibility as well as a vehicle to engage your family as well. You have the option to give anonymously or not. Lastly having someone to guide you can be very beneficial, helping you think about more impact and control.

In this episode, we explain what is the QCD and how it benefits donors who qualify? Main thing is it reduces taxable income and avoids other penalties associated with higher income for retirees.

Protecting Governmental benefits, managing financial resources, providing for long-term care, reducing financial exploitation and preserving eligibility for legal settlement.

Avoiding online fraud is critical in today's digital age. Here is a useful guide with 10 important ways to help keep you safer.

What is a power of attorney and why do we need them? Did you know there are four varieties of power of attorney?  We address each of these and some practical thinking as you consider updating or creating your own power of attorney.   [email protected]

Sudden Wealth Syndrome is a real abnormal condition and we can all get pulled into success hype and get blinded by our optimism. Getting help early and knowing what to do as symptoms occur will increase your success outcomes in sudden wealth. Did you know 90% of lottery winners lose all the money within 5 years? Learn how to avoid such failure.  www.stewardshipmatters.net

Here I explain the benefits of the #1 estate settlement tool in the United States. Why it is useful to leverage time, knowledge and resources to move you and your family to faster and more effective estate closure. Even if you hire an estate professional to help you this tool has value. Learn more over the next few minutes. In the link below you can learn more and access the basics for free and the premium version is only one time costs $175 and using my link will get you a 15% discount as well. https://partners.weareatticus.com/stewardship-matters or stewardshipmatters.net then click on "estate settlement" tab

What is a life settlement? A life settlement is the sale of an existing life insurance policy for more than the policy's cash value but less than the death benefit. Learn how this unique topic could benefit you or those you care about. stewardshipmatters

This podcast I hope opens up an abundance mindset and greater freedom for you and your family. A quick look at some of the economics of growing your own food and some encouraging words to consider in the journey. Share with others your harvest and passion and life will yield greater returns. Learn more at www.stewardshipmatters.net

Learn about the new "Bail-In" provisions provided in the law and potential affect on you and your banking and investments. Call provisions on lines of credit represent a potential threat to your finances and what you might wish to do to better prepare the path forward in good stewardship. Securities Backed Line Of Credit might be one of the potential solutions for you. stewardshipmatters

Straight talk on annuities educates on the various types of annuities and provides some often overlooked potential that could enhance your current path by tens of thousands of dollars. How through fiduciary annuity or fee only annuity and Annuity Rescue Plus tool. Lower fees and costs do matter and good stewardship matters to your bottomline.

In this podcast, I unpack some wisdom shared with me over the years in regards to money conversation and business. Be intentional as the school system is broken in regards to teaching successful money concepts and practical ways to think about positive business success. Games and taking them along in the journey to see how we as adults engage in business transactions goes a long way in their success. www.stewardshipmatters

In this podcast, I share three highly effective smart giving strategies proven to be efficient for decades. Avoiding capital gains or reducing higher income impacts to other income matters. Being wise about your investing and giving matters. www.stewardshipmatters.net

In this podcast, we address some of the methods for determining your appropriate amount of life insurance coverage to purchase. The need for having some planning from the outside for distribution of assets or even how you exit a current life insurance policy. Only talking about "personal life insurance" not business life insurance. www.stewardshipmatters.net

Here we discuss some of the reasons for each of the trusts and some of the benefits for intentional planning with trusts. www.stewardshipmatters.net

Tangible assets like collections can be an important part of wealth building. Often yields emotional or legacy support that intangible assets like stocks and bonds do not deliver. A few pros and cons to consider as you manage a collection or seek to start a collection. Cost of storage, security and cost of selling are all considerations to address upfront. www.stewardshipmatters.net

Estate planning is not only for death but while you are alive.  Some estate planning does not require legal documents. Gain more clarity on your estate planning and also access a free tool on my website to help with post-death estate settlement. www.stewardshipmatters.net

Examples of ways to engage yourself into more abundance mindset opportunities. Share some personal and business examples to encourage your own journey to abundance mindset. www.stewardshipmatters.net

Today, we explore the important and often overlooked ways the contingent beneficiary is omitted or mishandled. We share ways to empower you and your family with intentional planning made practical. www.stewardshipmatters.net    

In this podcast, we discuss that there are only five things you can do with your money. Budgeting is really about setting up your priorities and helping you think to be intentional with your budget process. Successful people do things that others are not willing to do and budgeting is part of the difference. Free Budgeting Tool to Master Your Finances: https://mailchi.mp/3670020e108d/free-budgeting-tool www.stewardshipmatters.net

In this podcast, we share some of the money reasons to have outside counsel in caring for aging parents and friends. Some practical questions to assist you in what is already a diffuclt time caring for others. There are some often overlooked financial matters that can help reduce stress and help bring greater harmony to your family. www.stewardshipmatters.net

In this episode, we discuss the path forward. Mentally we need to know where we are and the attributes and limitations and focus on the strengths. Asking the questions to gain clarity and see hope can pull us forward or give us enough encouragement to endure many of life's struggles. When we do get stuck we can reach out to others to help us get unstuck. www.stewardshipmatters.net

In this episode, we help you think about the clarity of what you have both tangible and intangible and what is possible.  The financial balance sheet and income statement are how all corporations keep score and similar rules apply to each of us personally. www.stewardshipmatters.net