The Life and Legacy Show

At a recent Red Wagon Club event, one of our members stopped me and said - "Hey. I listen to your radio show.  You occasionally mention the RWC, but you don't actually tell people what it is.  You should. It's Great." 

Well, thanks for the suggestion.  Here you go!

Is the Federal Estate Tax coming back?  Looks that way.  Here's what to know.

In this episode, Tim also dives into the PA Inheritance Tax and how the Secure Act imposes a new death tax on the middle class.  

Want more money to get to your family rather than the government?  Start here.

When retirees do proper estate planning, it becomes necessary to start to hand over some responsibilities to family members.  That said, that doesn't mean you have to give up control.  This week's episode dives into how to do proper estate planning without losing control. 

There's a dirty secret everyone knows, yet no one is trying to improve it.  Here it is: Our Government is Failing Our Seniors.  See, you knew that already, right?

Well if you did, what have you taken to prevent them from failing you?  Join us for this episode to learn how to protect yourself and your family. 

"Once someone goes into a nursing home, there's nothing you can do."  "You can't protect assets if you need care in the next five years."  "It's illegal to give your stuff away within 5 years of the nursing home."  These are all comments we have heard from our clients and other lawyers.  Unfortuantely, they're all untrue.  

The 5 Year Clock is one consideration for getting the government to pay for your nursing home.  It's not the only consideration.  Rules have exceptions.  Let's learn a few strategies that might just save your live savings. 

The primary role of a parent is to raise good humans.  This duty exists even if parents pass away young due to an accident.  We can't let our childrens' future depend on our good health.  We need to plan.  On this episode, I'll teach you how to set up an estate plan that actually works. 

The Pittsburgh Post Gazette reported on June 9, 2024 that 21 long term care facilities have filed for bankruptcy protection since the beginning of May.  Separately, 2 others are simply closing their doors.  

What the H*%@ is going on here?  What can we do to stop it?  Listen up (especially if you're in politics). 

If you've been listening a while, you know that most of our conversations are about retirees.  So, we thought we'd do something a little different.  In this episode, Tim explains effective estate planning for families with younger kids.  Great ideas in this episode for your kids and grandkids. 

Yes, you read that correctly.  You love your kids too much than to leave them an inheritance outright.  Instead, what you should be doing is leaving them their inheritance in a trust.  

In this episode, Tim discusses what he calls a Separate Share Trust that is set up to protect your kids from their future creditors and predators.  Truly a situation where they can have their cake and eat it too!

I get it... it's nice outside.  It's warm.  It's sunny.  There are burgers and dogs on the grill.  Even though Memorial Day coincides with the beginning of summer, doesn't  mean it's a festive holiday.  

In this episode Tim talks about the real meaning of Memorial Day and tells some personal stories that he's thankful he has.  Have you told anyone your stories?