The Long Game

As the year comes to a close, it's crucial to take proactive steps to optimize your tax situation.

Join us as we discuss:

Don't wait until the last minute—start thinking about your tax strategy now!

After wrapping up a comprehensive insurance series, Thomas and Jacob shift gears to discuss the often-overlooked aspects of tax planning. They explain what QBI is, who it applies to, and why it's crucial for business owners to understand and plan around it.

Key topics:

Whether you're a seasoned business owner or just starting out, this episode is packed with valuable insights to help you navigate the complexities of tax planning. Don't miss out on the opportunity to save on your taxes!

In this episode, we're joined by Broc Buckles as we break down the essentials of disability insurance, discussing its importance, the different types available, and how it can serve as a crucial safety net for your income.

We explore group vs. individual policies, the significance of definitions like "own occupation," and the various riders that can enhance your coverage.

Whether you're a financial advisor looking to expand your knowledge or someone seeking to understand how disability insurance fits into your financial plan, this episode is packed with valuable insights.

Key Topics Covered:

In this episode, hosts Thomas Kopelman and Jacob Turner are joined by returning guest Broc Buckles, an expert in the insurance space.

Together, they dive deep into the world of life insurance, breaking down the different types, including term and permanent insurance, and discussing when and why you might need them.

Key Topics Covered:

Whether you're new to the world of insurance or looking to refine your understanding, this episode is packed with valuable insights and practical advice.

Timestamps:
00:00 - Introduction
00:18 - Disclaimer
00:33 - Guest Introduction: Broc Buckles
02:03 - Overview of Life Insurance Types
02:22 - How Much Life Insurance Do You Need?
04:25 - Reevaluating Your Life Insurance Needs
11:07 - Common Misconceptions in the Insurance Industry
15:10 - Use Cases for Term Life Insurance
20:26 - Use Cases for Permanent Life Insurance
29:40 - Conclusion

In this episode of the Long Game podcast, Thomas Kopelman and Jacob Turner dive into the often-overlooked topic of umbrella insurance coverage.

Aimed primarily at high net worth individuals and those on their way, the discussion highlights the critical importance of understanding this type of insurance and how it can serve as a safety net in the face of unforeseen circumstances.

Here are three key takeaways from this episode that you won't want to miss:

In this episode, we aim to explain umbrella insurance and empower you with the knowledge to make informed decisions about your financial protection.

In this episode, co-hosts Thomas Kopelman and Jacob Turner dive deep into the world of homeowners insurance, especially for high-income and high-net-worth individuals.

With recent events like hurricanes affecting many, understanding the nuances of homeowners insurance has never been more critical.

Thomas and Jacob discuss the importance of having the right coverage, what to look for in your policy, and how to avoid common pitfalls that could leave you underinsured.

Key topics covered in this episode include:

Whether you're a homeowner or just starting to think about insurance, this episode is packed with valuable insights to help you protect your most significant assets.

Most high net worth people think insurance is less important for them, but that could not be further from the truth.

Insurance is so important for high net worth people but the way you structure policies is very different.

This is part 1 of an insurance series where we go over auto, what to look out for, what you want in your policy, etc.

In this episode with Callie Cox, we talk about the recent FED rate cut and what it means for you.

We then go into tilts we have in our portfolios, what we think about the markets over the next couple years, and much more as it relates to investing.

This is part 2 of a series of estate planning for business owners.

In this episode with Dave Haughton, we use an example and plan for a business owner who will be over the estate tax exmeption.

We think about structures like:

- family limited partnerships

- charitable remainder trusts

- SLATs

- Dynasty trusts

- trusts in various states

And talk through what each of these are and the benefit they can have.

Estate planning is important for everyone. But even more important for business owners. If you were no longer able to make decisions for your business, what would happen?

If you answered you have a POA or you don't know, then you need to get on this ASAP.

In this episode, we have Dave Haughton on to talk about:

- Trusts vs wills

- Why most business owners need trusts

-Why POAs are not enough

- Real estate holdings and the need for LLCs

And much more!