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Mastering Your Financial Life — Episode 91

In this episode of Mastering Your Financial Life, Judy Heft interviews Cari Rincker, the Principal at Rincker Law, PLLC, a nationally recognized law firm focusing on Food, Farm, and Family. Cari is a mediator and a licensed attorney in New York, New Jersey, Connecticut, Illinois, Texas, and Kentucky. Cari is the mother of two toddlers and a children’s book author. She also hosts her own podcast, The Billable Mom.

Tune in to the episode to hear about:

* Estate and Succession Planning: Cari discusses the critical importance of having a strategic plan for estate and succession, particularly for family-owned farms and businesses.

* Advantages of Using Trusts: Learn about the benefits of incorporating trusts into estate plans, including avoiding probate and maintaining privacy.

* Importance of Will Preparation: Insights on the necessity of having a will and the ideal times to review and update your estate plan.

* Medicaid Planning and Trusts: Cari explains the strategic use of irrevocable trusts for Medicaid planning to protect assets when anticipating long-term care needs.

* Succession Tips for Multi-Generational Businesses: Essential advice on preparing operational manuals and other tools to ensure a smooth generational transition in family businesses.

Learn more about Cari Rincker:

* Connect with Cari on LinkedIn: https://www.linkedin.com/in/caririncker/

* Follow The Billable Mom on LinkedIn: https://www.linkedin.com/company/thebillablemom

* Follow Rincker Law PLLC: https://www.linkedin.com/company/rincker-law-pllc

* Subscribe to Cari’s YouTube channel: http://www.youtube.com/@CariRincker

* Subscribe to The Billable Mom’s YouTube channel: https://www.youtube.com/@TheBillableMom-uv2vp

* Visit Rincker Law’s website: https://rinckerlaw.com

* Visit The Billable Mom’s website: https://thebillablemom.com

* Follow Cari on Facebook: https://www.facebook.com/caribrincker

* Follow The Billable Mom on Facebook: https://www.facebook.com/thebillablemom

* Follow Rincker Law on Facebook: https://www.facebook.com/RinckerLaw

* Follow The Billable Mom on X: https://x.com/@TheBillableMom

* Follow Cari on X: https://x.com/@CariRincker

* Follow Rincker Law on X: https://x.com/@RinckerLaw

* Follow The Billable Mom on Instagram: https://www.instagram.com/theBillableMom

* Follow Rincker Law on Instagram: https://www.instagram.com/rinckerlaw

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In each episode of Mastering Your Financial Life, Judy Heft interviews professionals who help others successfully manage their financial lives. Judy is a Financial and Lifestyle Concierge and Founder & CEO of Judith Heft & Associates.

* Connect with Judy Heft on LinkedIn: https://www.linkedin.com/in/judyheft/

* Visit Judith Heft & Associates' Website: http://www.judithheft.com/

Subscribe to Mastering Your Financial Life on Apple podcast

https://podcasts.apple.com/us/podcast/mastering-your-financial-life/id1628822980

Don't miss a video by subscribing to Judith Heft & Associates' YouTube Channel: https://www.youtube.com/channel/UCxnWUm35dJhmCX0XPX_eZhQ