Wealth B-Hers

What happens to your estate when you die without a will or proper trusts in place?

Aspiring entrepreneurs may think they can skip the legal hassles and costs associated with estate planning. But trust and estate lawyers Elizabeth and Johnny insist everyone needs formal legal protections - no matter what stage of wealth or property ownership. So how can trusts help you protect assets, avoid the dreaded probate court process, plan for possible incapacity, and prevent family confusion later?

Tune in as Elizabeth and Johnny expound the basics of trust and estate planning, and why getting professional help is key.

00:00 - Elizabeth and Johnny Share Their Money Stories

06:12 - Who Needs Trusts and Why

09:31 - Placing Real Property into Trust

11:19 - How Do You Determine Incapacity?

12:37 - LLCs and Trusts Working Together

19:00 - Overview of Revocable Living Trust Contents

24:25 - Helping Entrepreneurs Structure Investment Interests

29:13 - Importance of Regular Trust Reviews

31:33 - Components of a Basic Estate Plan

35:51 - Closing Segment

Connect with Elizabeth & Johnny!

Website: https://www.trespday.com/

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:

"If you own property, place it in a trust to bypass costly and public probate. Keeping your affairs out of the court's register maintains privacy and preserves control over administration." - Elizabeth Tresp

"Trust is crucial for capacity planning. A revocable living trust not only designates someone to manage your assets in case you can't but also outlines your wishes if you become incapacitated." - Elizabeth Tresp

"I always advise it should at least be held in your trust, right, your revocable living trust, if not in one of your LLCs that you're investing in." - Johnny Nitti

What if you could work remotely from a sandy beach in Mexico, a charming café in Paris, or a zen retreat in Bali? For physician turned digital nomad Dr. Goins, this is her everyday reality.

After experiencing a pivotal moment of burnout, Dr. Goins left a lucrative career path to craft her own version of practice on the road less taken. She joins host Dr. Felicia to share the step-by-step journey that led her to a laptop lifestyle with both professional flexibility and financial stability.

Whether you feel stuck on the medical treadmill or have a nagging travel bug you want to scratch, this conversation will open your mind to what's possible for physicians seeking lifestyle design freedom.

00:00 - Dr. Goins' Early Realization of Her Passion for Travelling

07:26 - The Pivotal Moment of Leaving the Job

15:19 - How Dr. Goins' Funded Her Freedom Quest

18:23 - Essentialism for Money Alignment and Values

22:04 - Why All Doctors Have Transferable Skills Beyond Medicine

26:06 - How She Runs Her Own Online Psychiatry Practice Remotely

33:13 - Closing Segment

Resource Mentioned

Eric Jerome Dickey

Connect with Kristine!

Website: https://thenomadmd.com/

Facebook: https://www.facebook.com/thenomadmds

Instagram: https://www.instagram.com/thenomadmds

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:  

"Time is a precious commodity that we think we have, but we're never going to get this time back."  -  Kristine Goins

"That's the thing. You're not stuck. If you decide this isn't what you want to do, all you have to do is decide what you want to do and then go for it."  -  Felecia Froe

Do you want your investments to make the world a better place? Learn how to earn solid market returns while driving positive social change. 

In this episode, Felecia and sustainable investing experts Ben and Kylelane unpack how everyday investors can align their money with their values.

Discover funds focused on everything from clean energy to racial justice that perform on par with traditional offerings. Plus, get tips on seeing through the marketing hype to spot truly responsible investments. 

Whether you care about women's empowerment, economic equality, or preserving the planet, it's possible to do good while growing your wealth over the long term. 

Dive into this conversation for actionable insights you can start applying today.

00:00 - Kyle and Ben’s Background on Growing Money

06:45 - What is Sustainable Investing?

10:06 - Distinguishing Socially Responsible Investing and Sustainable Investing

16:51 - Finding the Right Fund Manager and How to Evaluate Sustainable Funds

22:17 - Till Investor’s Mission: Aligning People’s Investments and Values

25:09 - Socially-Focused Investment Options

29:07 - Investing in Long-Term Funds

37:45 - Closing Segment

Resources Mentioned

https://www.lendonate.com/

https://www.cdfifund.gov/

Sustainable Investing: An ESG Starter Kit for Everyday Investors

Connect with Ben and Kylelane!

LinkedIn: https://www.linkedin.com/in/benvivari/ https://www.linkedin.com/in/kylelanepurcell/

Website: https://tillinvestors.com

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:  

"Investing is about clarity. If the fund information doesn't resonate, it's not for you. Transparency is the true indicator of quality."  -  Kylelane Purcell

"Never give your money to a stranger; take control and understand where it goes. It's your money, your story—make it count."  -  Felecia Froe

Ever wondered how to turn your profession into a pathway to prosperity?

In this episode, Felecia shares her journey from the medical world to real estate investing with Gary Wilson, host of the Massive Passive Cash Flow Podcast. Discover how she overcame market crashes, mastered the art of money, and is now revolutionizing investment connections through real estate syndication.

Join us as we delve into the vital role of multiple income streams for medical professionals, the power of face-to-face networking, and the game-changing fusion of technology and social impact investing. 

Stay tuned for insights on the evolving medical landscape, securing financial resilience, and the key to creating wealth that outlasts you. 

00:00 - Dr. Felecia Froe: Physician, Real Estate Investor, and Syndication Expert

06:28 - Hard Work and Perseverance are Essential to Success

08:46 - How Physicians' Can Diversify Their Income

12:23 - Physicians' Investment Obstacles

15:23 - Understanding Social Impact Investing

21:01 - The Impact of AI on the Medical Field

28:04 - Making Money with a Side Hustle

40:42 - Closing Segment 

Resources Mentioned

Relentless: From Good to Great to Unstoppable

1 Box CashFlow 101

Rich Dad Poor Dad

Massive Passive Cash Flow Podcast host Gary Wilson

Connect with Gary!

LinkedIn: https://www.linkedin.com/in/thegarywilson/

Facebook: https://www.facebook.com/realestatewithgarywilson/

Website: https://www.myinvestmentservices.com/

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:  

"Real estate investment may be the doorway, but it's the profound lessons in money, assets, and liabilities that truly open the path to financial enlightenment." -  Felecia Froe

"It's that hard work and perseverance that really get you where you want to go." -  Felecia Froe

Discover the keys to successful real estate investing and portfolio diversification in our latest podcast episode. 

Join us as we delve into a captivating conversation with Jonathan Greene, a seasoned real estate investor and certified life coach. He'll unveil his secrets for building a thriving real estate portfolio that supports him and his family, sharing invaluable insights on property management, financial principles, and the power of mentorship. Plus, get a sneak peek into the world of syndications. 

Don't miss this enriching discussion with Jonathan Greene—it's your guide to achieving financial independence through real estate investments!

Jonathan Greene is the Team Leader of Streamlined Properties On-Market, brokered by eXp Realty, a multi-state team of professional, knowledgeable, and proficient real estate agents built to connect with clients who need agents to understand exactly what they are looking for.

00:00 - Jonathan’s Early Upbringing to Real Estate Investment

08:43 - Advice for Physicians on Buying Properties as Landlords

10:28 - From Attorney to Realtor 

18:48 - Life as Team Leader, Life Coach, Real Estate Coach, and Hosting Podcast

21:37 - Decision-Making on What Asset to Buy and What Markets to Go

29:31 - Physician’s Real Estate Investment and Diversification 

34:21 - Making Money with Short-Term Rentals and Embarking to Real Estate Syndication

40:42 - Closing Segment 

Resources Mentioned

https://www.biggerpockets.com/

https://www.vrbo.com/

https://www.trustgreene.com/podcast/zen-and-the-art-of-real-estate-investing

The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications

Connect with Jonathan!

Instagram: https://www.instagram.com/trustgreene/

LinkedIn: https://www.linkedin.com/in/jonathan-greene-re/

Website: https://www.streamlined.properties/

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:  

"Trust your instincts – when you walk into a place and it feels right, that's when you know everything else will fall into place. Seize the opportunity." - Jonathan Greene

"Real estate is a diversified asset class where you can add value to everything, providing a sense of control." - Jonathan Greene

Uncover the key to significant tax savings in this engaging podcast episode featuring Sanja Noble and Asa Patterson from Premier 72.

Their discussion on money mindset and manifestation will open your eyes to new possibilities. You'll learn how to shift your mindset from consumer mentality to wealth building. Discover how to reallocate your money effectively, turn liabilities into assets, embrace the tax code for substantial tax benefits, and secure retirement.

Join us for this episode to gain wisdom on transforming your financial future. Don't miss this chance to unlock your financial potential!

Sanja Noble, Managing Partner of Premier 72, specializes in life insurance and retirement income planning, helping individuals achieve financial independence and entrepreneurial goals.

Asa Patterson, Sr., a retired Marine Corps Captain, is the Managing Partner of Premier 72, a boutique firm specializing in income growth maximization, asset protection, and tax advantages. He has served over 3,500 real estate investors and business owners in North and South America.

00:00 - The Struggle of Having a Scarcity Mindset

10:03 - Taking the Lid Off of Your Capacity

14:07 - Discovering Your Own "Acres of Diamonds" 

16:35 - How to Reallocate Your Money and Unlock Possibilities

23:03 - Advantages of Insurance to Secure Retirement

33:26 - Investment: Be Your Own Bank and Grow Your Wealth Without Taxation

44:05 - Closing Segment

Connect with Sanja and Asa!

Phone number: +1312 883 9114 LinkedIn: https://www.linkedin.com/in/sanjaenoble/

https://www.linkedin.com/in/asa-e-patterson-m-ed-897a4b4/

Website: https://www.premier72.com

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:  

"It's all about a mindset shift. The wealthy understand success is based on intellectual assets, not entitlement, and they focus on cutting expenses, especially taxes. Entrepreneurs can tap into hidden potential with this shift." - Asa Patterson

"Effort and belief go hand in hand - everyone can attain their desires with unwavering belief in their ability to manifest their goals." - Felecia Froe

Did you know that physicians don't often negotiate their salaries due to fear of rejection?

In this eye-opening episode of Money with Mission, we uncover the secrets to helping physicians not only protect and grow their wealth but also gain the financial recognition they deserve. 

Join us as we delve into the art of negotiation, passive income generation, and the power of financial literacy with Amanda Hill, an attorney who's changing the game for physicians everywhere. Get ready to take control of your financial future and make a positive impact on your community while you're at it!

Amanda Hill is an experienced healthcare attorney in Austin, Texas, and the founder of a new company, Guard My Practice. She is the go-to resource for physicians who have legal questions, contract disputes, compliance-related issues, or problems with patients. And now, she is creating video content for doctors who want to know more about the business side of medicine. 

00:00 - Empowering Doctors to Perceive Fraud and Abuse 

05:41 - Leverage Your Value and Negotiate Your Contract

13:14 - Leverage Your Unique Skills to Win Negotiation

19:47 - Don't Fear Negotiation: It's Possible

23:43 - Seeking Assistance and Guidance

29:17 - Embrace Your Mistakes, Learn, and Move Forward

38:55 - Closing Segment

Connect with Amanda! LinkedIn: https://www.linkedin.com/in/amanda-b-hill-7093ab4/

Website: https://www.guardmypractice.com/

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:  

"If you aim to increase your earnings right where you are today, understanding your true value in your job is essential." - Amanda Hill

"Embrace mistakes, work through the pain; they're temporary and teach us valuable lessons." - Felecia Froe

Discover the secrets to debt management, wealth building, and hiring the right financial advisor. Join us to take charge of your financial future today!

Today, we have two special guests, Sandi and Cammie, who work to assist individuals, families, business owners, executives, entrepreneurs, and wealth inheritors in managing their financial lives and achieving their goals.

Sandi, Chief Client Officer at Aspiriant, leads the Planning, Strategy, & Research team, responsible for the firm's advanced wealth planning platform, and co-hosts the Money Tales podcast. 

Cammie, a marketing professional at Aspiriant, joined the firm in 2005 as a sales and marketing manager. In 2016, she led a team of professionals in various initiatives. Passionate about empowering clients, Cammie is the Chief Marketing Officer, ensuring consistency across the brand and promoting the firm's forward-thinking approach to wealth management.

00:00 - Managing Wealth for a Greater Purpose

04:40 - Financial Mastery: Know Yourself, Learn, and Collaborate

11:06 - Aligning Financial Goals with Values

14:51 - Advisors Help to Organize, Uncover, and Achieve Financial Goals

22:24 - Seeking the Right Financial Advisor 32:30 - Normalizing Money Conversations

35:29 - Closing Segment

Resources Mentioned:

CERTIFIED FINANCIAL PLANNER

Financial Planning AssociationMoney Tales

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Connect with Cammie and Sandi! LinkedIn: Cammie Doder, Sandi Bragar

Website: https://aspiriant.com/

Quote:  

"Money can stir emotions that affect our financial decisions. Having an objective third party, like a financial advisor, can make a world of difference in our financial lives." - Sandi Bragar

"Your values dictate your ability to achieve financial goals." - Sandi Bragar

Ever wondered why your life unfolds the way it does? Join us on a journey of self-discovery as we delve into the unconscious choices that shape our everyday lives.

Today, we have a special guest, Brett Riggins, The Real Estate Mogul, MD, who guides physicians on real estate investing without leaving their medical careers behind.

Get ready for an enlightening conversation!

Brett Riggins is a twenty-year real estate veteran and founder of Physician Wealth Systems - a complete real estate acquisition solution. PWS offers to find, buy, renovate, rent, refinance, and manage real estate properties on behalf of physicians. After 12 months, physicians will own 12 rental properties that generate passive income.

Felecia Froe, MD is a licensed urological surgeon with over 20 years of experience. She owns Money With Mission, an investment company that empowers professional women to build wealth and achieve financial freedom through social impact investing.

00:00 - From Struggles to Success: Brett Riggins' Journey in Real Estate 15:46 - Physician Wealth Systems: A Mindset Transformation 30:15 - Exploring Multiple Income Streams and Financial Freedom 35:04 - Discovering Wealth-Building Strategies for Physicians 41:41 - A Journey to Smiles and Fulfillment 43:17 - Closing Segment

Physician Wealth Systems Get the Book Now:  “How To Get Rich As A Doctor”  Website:  http://www.physicianwealthsystems.com/ Linkedin:  linkedin.com/in/brettriggins

Be the Boss of Your Own Money and Own Your Future. Connect with us and Discover Investment Strategies Designed to make a Difference. Website: https://moneywithmission.com Linkedin: https://www.linkedin.com/in/moneywithmission

Quote:   "Plant the seed of curiosity, take action, and grow wisdom – it's the path to a fulfilling life." - Brett Riggins

In life, declarations hold immense power. They signify our commitment to what we believe in,  desire, and the path to our most authentic selves. But here's the catch: if we don't make these declarations ourselves, others may step in and shape our journey. 

In this episode, Vikram Raya introduces the concept of "blissful dissatisfaction." It's a mindset that combines contentment with an insatiable drive for improvement. While at peace with your current state, you continue seeking growth and progress. This mindset not only fuels personal development but also helps you positively impact others.

Join us as we explore the significance of self-declaration, the pursuit of authenticity, and the keys to taking control of your narrative. It's time to shape your destiny and live life on your terms! 

Vikram Raya, MD is a cardiologist, real estate investor, high-performance coach, and founder of Limitless MD.  He is passionate about taking high-achieving doctors and transforming their perspective and mindset,  giving them the ultimate advantage in creating a life full of wealth, success, and vitality.

Felecia Froe, MD is a licensed urological surgeon with over 20 years of experience. She owns Money With Mission, an investment company that empowers professional women to build wealth and achieve financial freedom through social impact investing.

00:00 - Vikram's Inspiring Journey with Money

09:26 - From Declaration to Transformation: Vikram's Journey to Freedom

13:14 - From Ideation to Success: The Journey of Building a Million-Dollar Syndication Empire

24:35 - The Physician's Guide to Overcoming the Fear of Real Estate Investment

27:27 - Unlocking True Wealth: The Path to Financial Freedom Beyond 401(k)s

33:19 - Chasing Meaning and Blissful Dissatisfaction

37:08 - Connect with Vikram

Limitless MD

Website:  https://vikramraya.com/

Linkedin:  https://www.linkedin.com/in/vikramraya/

Be the Boss of Your Own Money and Own Your Future.

Connect with us and Discover Investment Strategies Designed to make a Difference.

Website: https://moneywithmission.com

Linkedin: https://www.linkedin.com/in/moneywithmission

Quotes:

"Making a declaration of some sort for what you believe in, what you want, your authentic life has to happen." - Vikram Raya

“Let's all aspire to have that bulletproof resilient mindset that allows us to triumph over life's challenges and remain happy, generous, abundant, and giving."  - Vikram Raya