Shows
The Good Steward Law and Wealth PodcastEp. 30 – Comprehensive Estate Planning Guide – Part 2Avoiding Probate: Essential Estate Planning StrategiesWelcome back to the Good Steward Law and Wealth Podcast, hosted by Ledley Jennings. In this episode, Jennings continues the estate planning series by diving into how to avoid probate. He starts by clarifying what probate is and why it's often best to avoid it, outlining the time-consuming, tedious, public, and costly nature of the probate process. Jennings then explores effective strategies to bypass probate, including joint ownership, beneficiary designations, gifting, and setting up a trust. He highlights the risks and benefits of each approach, emphasizing the importance of comprehensive planning...2025-06-2816 min
The Good Steward Law and Wealth PodcastEp. 29 - Comprehensive Estate Planning Guide - Part 1: AAre you prepared to secure your future with a robust estate and financial plan for long-term care? Tune in to discover how to protect your wealth and navigate these critical decisions. Welcome to The Good Steward Law and Wealth Podcast, where host Ledly Jennings delivers expert guidance on crafting an estate plan and financial plan for long-term care. In this continuation episode, Part 1-A, we dive deeper into strategies for funding long-term care, ensuring your estate plan aligns seamlessly with your financial plan.IN THIS EPISODE:(01:25) Prepare for long–term care costs ahead of time in yo...2025-05-2916 min
The Good Steward Law and Wealth PodcastEp. 28 - Comprehensive Estate Planning Guide - Part 1Have you considered how to protect your legacy if you’re suddenly unable to make healthcare or financial decisions? Welcome to this episode of the Good Steward Law and Wealth Podcast, where host Ledly Jennings dives into estate planning essentials to help you safeguard your future. In this opening segment of a comprehensive three-part series, we focus on preparing for incapacity, exploring indispensable tools like financial power of attorney, healthcare power of attorney, and the living will. Join us to gain expert insights and practical strategies to ensure your financial security and personal wishes are honored, no matter what li...2025-05-2714 min
The Good Steward Law and Wealth PodcastEp. 27 - Tax Advantaged Gifting to MinorsWant to maximize your wealth while securing your children’s future? Tune in to this episode of the Good Steward Law and Wealth Podcast with host Ledly Jennings to explore innovative wealth management strategies for a secure financial future gifting to minors through your estate plan. Discover how tools like UTMA accounts, 529 accounts, and trusts can help you provide for future generations while maximizing tax benefits. Whether you're planning for education or long-term security, this episode offers practical advice on how to make every dollar count.IN THIS EPISODE:(00:30) Ways of gifting to minor children with a...2025-04-2214 min
The Good Steward Law and Wealth PodcastEp. 26 - The Importance of Naming A BeneficiaryAre your beneficiary designations working in your favor—or putting your estate at risk? Learn the difference between a smooth transfer of assets and a probate headache. On this episode of the Good Steward Law and Wealth Podcast, host Ledly Jennings breaks down why beneficiary designations matter more than most people realize. From POD (Payable on Death) and TOD (Transfer on Death) designations to the risks of naming a minor as a beneficiary, Ledly explains how small mistakes can lead to big problems. You'll also learn how using a revocable trust can offer asset protection and peace of mind—and...2025-04-1514 min
The Good Steward Law and Wealth PodcastEp. 25 - AMA - Ask Me Anything About Estate PlanningAre you prepared for the unexpected? In this special AMA (Ask Me Anything) episode of the Good Steward Law and Wealth Podcast, host Ledly Jennings answers real questions submitted by listeners about estate planning. From when to start thinking about an estate plan to whether a will or trust is right for you, Ledly breaks down essential topics like protecting assets, avoiding probate, and ensuring your wishes are honored. He also discusses the importance of powers of attorney, healthcare directives, and whether high-profile individuals like Matthew Stafford use Trust and Will for estate planning. Don’t miss this insightful ep...2025-03-2519 min
The Good Steward Law and Wealth PodcastEp. 24 - The Will - Least Important Document In An Estate PlanWhen most people think of estate planning, they assume a will is the most important document—but that’s not the case. In this episode of the Good Steward Law and Wealth Podcast, host Ledly Jennings breaks down why a will is often the least essential part of your estate plan and why avoiding probate should be your ultimate goal. You’ll learn what a will does, the hidden costs and delays of probate, and the best strategies to bypass the court system entirely. Plus, we’ll explore the key situations where a will is still necessary, like naming guardian...2025-03-1813 min
The Good Steward Law and Wealth PodcastEp. 23 - Estate Planning Roadmap for Retirement AccountsWelcome to the Good Steward Law and Wealth Podcast, hosted by Ledly Jennings. In this episode, we continue our series on retirement accounts and your estate plan, focusing on the critical role of Roth IRAs, Traditional IRAs, and estate planning in securing your financial future. Ledly breaks down retirement savings strategies and the tax advantages of different account types, from tax-free growth opportunities to the impact of required minimum distributions. Through real-life examples, we explore how a young investor benefits from a Roth IRA, what an individual in their 60s should consider for wealth transfer, and how those in...2025-02-2516 min
The Good Steward Law and Wealth PodcastEp 22 - The Best Account to Inherit - Congress's Gift to UsWelcome to the Good Steward Law and Wealth Podcast, hosted by Ledly Jennings. In this episode, we'll explore the complexities of Roth IRAs and inheritance, exploring how tax-free growth and strategic wealth transfer can benefit you and your loved ones. We’ll also break down key tax strategies, beneficiary rules, and estate planning considerations to help you maximize your financial legacy. Whether you are planning for retirement or looking to pass on wealth efficiently, this episode will provide expert insights to guide your decisions.IN THIS EPISODE:[0:33] A review on the last two episode topics[2:49] Definition of...2025-02-1817 min
The Good Steward Law and Wealth PodcastEp. 21 - Trusts and Your IRAWelcome to the Good Steward Law and Wealth Podcast, hosted by Ledly Jennings. In this episode, we're diving into an essential topic for anyone considering their estate plan—IRAs and the role trusts play in managing them. If you have a revocable trust with your IRA as a beneficiary, especially if it was set up before 2019, it's essential to revisit and update it. The laws surrounding IRA inheritance have changed, and failing to make the necessary adjustments could result in unwanted tax consequences. We’ll explore how the Secure Act impacts inheritance, the benefits of creditor protection through trusts, and...2025-02-1113 min
The Good Steward Law and Wealth PodcastEp. 20 - You Do Not Want To Inherit An IRAWelcome to the Good Steward Law and Wealth Podcast, hosted by Ledly Jennings. In this episode, we’re diving into why inheriting an IRA might not be the best option and how recent changes to the law under the Secure Act could impact everyone. We’ll discuss the government's promises regarding your IRA and how they’ve evolved. Specifically, we’ll explore the new 10-year rule, which has replaced the “stretch” IRA, and how it affects beneficiaries. From required minimum distributions (RMDs) to the different classifications of beneficiaries, this episode will provide key insights into how these changes could lead to sign...2025-02-0415 min
The Good Steward Law and Wealth PodcastEp. 19 - Your Family's RoadmapWelcome to the Good Steward Law and Wealth Podcast, hosted by Ledly Jennings. In this episode, we’re exploring the roadmap for creating a comprehensive estate plan, emphasizing the three critical stages of life: proactive planning when you’re alive and well, addressing potential incapacity, and preparing for life’s final phase. Ledly warns that if you don’t prepare for these phases, the government has a plan that may not align with your wishes. From the importance of insurance and long-term care to ensuring your children’s financial framework is secure, this episode covers everything you need to build a pl...2025-01-2817 min
The Good Steward Law and Wealth PodcastEp. 18 - The HSA Triple Play: The Most Powerful Retirement Account and Long-Term Care StrategyWelcome to the Good Steward Law and Wealth Podcast with your host, Ledly Jennings. Today, we’re diving into one of the most underutilized yet powerful financial tools: the Health Savings Account (HSA). Despite its immense potential as a tax-efficient wealth builder and long-term care resource, only 12% of eligible individuals fully utilize it. In this episode, Ledly breaks down what an HSA is, who it benefits most, and how it works. You’ll learn about its triple tax advantage, strategies to maximize your contributions and growth, and how to incorporate it into your estate plan. Whether you’re planning for im...2025-01-2122 min
The Good Steward Law and Wealth PodcastEp 17 - Transfer and Death TaxesWelcome to the Good Steward Law and Wealth Podcast with your host, Ledly Jennings. In today’s episode, we’re diving into the complex world of transfer taxes, a crucial part of estate planning. When transferring assets, whether while you're alive or after you’ve passed, it’s essential to understand the types of taxes that may apply. We’ll cover the three main types of transfer taxes: gift tax, estate tax, and the often-overlooked generation-skipping transfer tax. These taxes can have significant implications for passing wealth to your loved ones, so let’s break down what you need to know to p...2025-01-1415 min
The Good Steward Law and Wealth PodcastEp 16 - Estate Planning Process - More Than A TransactionWelcome to the Good Steward Law and Wealth Podcast with your host, Ledly Jennings. Estate planning isn’t just about documents—it’s about relationships. In today’s episode, we’ll explore why estate planning is relational, not transactional, and the importance of educating clients on their options for a comprehensive and effective plan. We’ll also delve into the Good Steward Maintenance Program, a unique approach to keeping your estate plans updated and aligned with your goals, ensuring your legacy is preserved with care. Stay tuned as we share insights on creating wealth strategies that make you money rather than...2025-01-0717 min
The Good Steward Law and Wealth PodcastEp. 15 - Business Succession and SetupWelcome to another episode of the Good Steward Law and Wealth Podcast, where we equip you with strategies to safeguard and grow your wealth with intention and care. Today, we’re tackling a critical subject for business owners: managing business succession and setup. We’ll explore the different types of business entities, weigh their pros and cons, and cover the formalities of establishing them correctly. Most importantly, we’ll delve into strategies for creating a solid succession plan—whether through trusts, buy-sell agreements, or tailored operating agreements. If you’re a business owner, this episode is packed with insights to help yo...2024-12-1719 min
The Good Steward Law and Wealth PodcastEp. 14 - Bank Accounts and Your Estate PlanWelcome to the Good Steward Law and Wealth Podcast, where we explore strategies to protect and manage your wealth with the utmost care and responsibility. In today’s episode, we’re diving into an essential topic—how to manage your bank accounts to ensure they’re handled smoothly during incapacity and after your passing. We’ll discuss the best ways to ensure your accounts are accessible when needed, how to pass them on outside of probate, and why naming your child as a joint owner might not be the best solution. Tune in as we break down these crucial steps for...2024-12-1009 min
The Good Steward Law and Wealth PodcastEp. 13 - Health is WealthWelcome to the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. In this episode, Ledly is joined by Ben Barker—known as the “Neighborhood Alpha Dad” and a passionate fitness coach. Together, they explore the pillars of a fulfilling life: faith, family, fitness, finances, and freedom. Ben shares his journey from the 9-to-5 grind to thriving as an entrepreneur and the importance of creating lasting family core values. From debunking health myths to applying the 80/20 rule and discussing the role of nutrition and fitness, Ben offers actionable insights to elevate your life. Don't miss this engaging conversation packed...2024-11-2629 min
The Good Steward Law and Wealth PodcastEp. 12 - Long-Term Care Planning - All You Need to Know!Welcome to the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. In this episode, Ledly explores essential strategies for long-term care planning, covering the complexities of Medicaid eligibility, the risks and rewards of gifting assets, and the benefits of irrevocable trusts. He explains how the L. Jennings Law Firm helps clients maximize their wealth responsibly, using legal approaches to protect assets for future generations. By understanding Medicaid’s requirements, utilizing tools like Ashber for compliance, and making wise financial decisions, listeners can be well-prepared to preserve their legacy and ensure financial security.IN THIS EPISODE:...2024-11-1928 min
The Good Steward Law and Wealth PodcastEp. 11 - Entrusted - A Model For Good Stewardship in Estate PlanningWelcome to the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. Today, Ledly is diving into "entrusted estate planning," a proactive approach to passing down wealth with purpose and responsibility. He explores critical strategies for building a solid governance structure to empower the next generation, creating a family mission statement, and defining a family constitution and values. With topics ranging from empowering heirs to establishing family foundations for charitable giving, Ledly emphasizes how education and thoughtful planning are essential to preserving wealth and values across generations.IN THIS EPISODE:[0:39] Entrusted planning for your estate...2024-11-1224 min
The Good Steward Law and Wealth PodcastEp. 10 - Economics of FreedomWelcome to the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. In today’s episode, we’re joined by Dr. David Rankin, President Emeritus of Southern Arkansas University, and Beth Anne Rankin Baker, Ed.D., former policy adviser for Gov. Mike Huckabee. Together, they explore key themes from their co-written book Economics of Freedom, discussing prosperity driven by productivity, the contrasts between capitalism and socialism, and the role of government in modern society. Tune in as we dive into the national debt, private property, estate taxes and economic myths. Don’t miss this enlightening and informative breakdown of cap...2024-11-0544 min
The Good Steward Law and Wealth PodcastEp. 9 - Estate Planning for Real EstateWelcome to another episode of the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. Today, Ledly dives into the essentials of real estate planning, breaking down the four key types of real estate: your home, family farm, vacation home, and mineral interest. He'll share insights on ensuring these assets are protected and passed down to future generations through effective planning strategies. Ledly also highlights using specific trust structures to safeguard your property from Medicaid and nursing home costs. Tune in for valuable tips on securing your real estate, and mark your calendars for upcoming episodes with even...2024-10-2914 min
The Good Steward Law and Wealth PodcastEp. 8 - Elements of an Estate PlanWelcome to another episode of the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. In today’s episode, Ledly breaks down the essential documents that form a comprehensive estate plan. From revocable trusts and durable powers of attorney to healthcare directives and real estate deeds, Ledly explains how each document serves a specific purpose while working together to achieve your estate planning goals. He also touches on the importance of adequately managing assets outside of a trust and how recent tax law changes affect IRA distributions. Stay tuned as Ledly walks through his process for setting up a...2024-10-2216 min
The Good Steward Law and Wealth PodcastEp. 7 - Understanding The Power of Attorney: Protecting Your FinancesWelcome to another episode of the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. In today’s episode, Ledly dives into the critical topic of Power of Attorney, explaining why it is essential for everyone over 18. He breaks down the two primary types of power attorney, healthcare and financial, and why having separate documents for each can be beneficial. Ledly also emphasizes the importance of making your power of attorney specific to avoid common pitfalls and provides an example of why generic statutory forms may not fully protect your wishes. For example, if you want someone to st...2024-10-0212 min
The Good Steward Law and Wealth PodcastEp. 6 - Unlocking the Power of Beneficiary Controlled Trusts: Protecting Assets and Passing on ValuesWelcome to another episode of the Good Steward Law and Wealth podcast, hosted by Ledly Jennings. Today, Ledly dives deep into the world of Beneficiary Controlled Trusts, also known as Beneficiary Deemed Owner Trusts or simply the B Dot. He explains how these trusts are formed, their benefits, and why they work well for many families. You'll hear examples of trusts for young beneficiaries, how to impart values through these structures, and the importance of securing a qualified attorney. Ledly also touches on the critical distinctions between tax rates for trusts versus beneficiaries and how to ensure your trust...2024-09-2515 min
The Good Steward Law and Wealth PodcastEp. 5 - Unlocking Social Security: Timing Your Benefits for Maximum ValueIn this episode of the Good Steward Law and Wealth podcast, host Ledly Jennings sits down with Ian Weiner of Bespoke Wealth Solutions to explore the complexities of Social Security and the crucial decision of when to start taking it. Ian dives into the often-overlooked topic of provisional income and how it can significantly impact the taxes on your Social Security benefits during retirement. They break down essential concepts like your PIA (Primary Insurance Amount) and FRA (Full Retirement Age). At the same time, Ian shares strategies to reduce your tax burden, even bringing it to zero. Tune in...2024-09-1813 min
The Good Steward Law and Wealth PodcastEp. 4 - Unraveling the Financial Advisor World, Retirement Planning, and How Estate Planning Meshes with Financial PlanningIn this episode of the Good Steward Law and Wealth podcast, host Ledly Jennings welcomes Ian Weiner of Bespoke Wealth Solutions to dive deep into the world of financial advisory, retirement planning, and the often-overlooked connection between estate and financial planning. They explore the three critical phases of financial life—Accumulation, Preservation - Distribution or Retirement, and Legacy, and how understanding them can set you up for a secure financial future. Ian also sheds light on a critical but little-discussed topic: provisional income and its impact on your Social Security taxes in retirement. Tune in to learn how these st...2024-09-1152 min
The Good Steward Law and Wealth PodcastEp. 1 - Introduction to the Good Steward Law & WealthWelcome to the first episode of Good Steward Law and Wealth, hosted by Ledly Jennings of L. Jennings Law in Little Rock, Arkansas. In this inaugural episode, Ledly introduces what you can expect from the podcast and delves into the four core principles that form the foundation of his law firm. Drawing inspiration from the biblical Parable of the Talents in Matthew 25, he shares how these tenets guide his firm in assisting clients to become good stewards of their wealth. Ledly encourages you to subscribe, like, and share this podcast with anyone who might benefit from it. Be sure...2024-08-2115 min
The Good Steward Law and Wealth PodcastEp. 3 -Revocable Trust Deep DiveToday’s episode of Good Steward Law and Wealth, hosted by Ledly Jennings, founder of L. Jennings Law in Little Rock, Arkansas, focuses on Revocable Trusts, highlighting their primary benefits: avoiding probate and ensuring your assets are distributed according to your wishes. Estate planning is crucial for protecting the wealth you’ve worked hard to build, and a Revocable Trust is a safeguard against government intervention and the costly, time-consuming probate process. Proper estate planning also offers significant tax benefits, ensuring a smooth property transfer to your heirs. “Don’t trust your trust” to just anyone. Work with an estate pla...2024-08-2115 min
The Good Steward Law and Wealth PodcastEp. 2 - Probate: Why is it bad?Welcome to Good Steward Law and Wealth with your host, Ledly Jennings. In today's episode, we dive into why probate can be a significant burden. Ledly begins by defining probate and outlining when it occurs. He then delves into the four major problems associated with probate, supported by real-life examples illustrating how time-consuming and costly this process can be. Additionally, you’ll learn about other risky scenarios that can arise when going through probate. Most importantly, Ledly shares the best solution to avoid probate altogether: Revocable Trust planning. Don’t miss this series on Revocable Trusts.IN THIS E...2024-08-2114 min
The Good Steward Law and Wealth PodcastThe Good Steward Law and Wealth Podcast TrailerAre you ready to secure your financial future and protect your legacy? Welcome to 'The Good Steward Law and Wealth Podcast,' where Attorney Ledly Jennings shares his extensive knowledge and experience in estate planning, elder law, probate, and business planning. This podcast is designed for high-net-worth individuals, family business owners, and anyone committed to effective wealth management and preservation.In each episode, you'll master the latest tools and strategies in estate planning to secure your assets and provide for your heirs. Understand the intricacies of wills, trusts, and power of attorney to make informed decisions about...2024-08-1402 min
The Baumbastic PodcastWho will Arkansas' next portal pop be?Join Andrew Ellis on another live chat edition of The Baumbastic Podcast as he discusses all the latest action (or lack thereof) for the Arkansas Razorbacks in the transfer portal and takes a look at some of the other intriguing storylines this summer.Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball! / @thebaumbasticpodcastFollow Natty State Sports:Facebook: www.facebook.com/nattystatesports...2024-06-131h 08
The Pod at The PalaceCould Uconn's (potential) loss become Arkansas' gain?The Pod at The Palace is LIVE as Curtis and Scottie discuss the potential roster impact of Dan Hurley leaving UConn, rounding out Arkansas' depth and why some remain low on the Hoop Hogs.Presented by Natty State Sports!www.nattystatesports.comFollow Natty State Sports:Facebook: www.facebook.com/nattystatesportsX (Twitter): www.x.com/nattystatesportInstagram: www.instagram.com/nattystatesportsTikTok: www.tiktok.com/nattystatesport#arkansas #razorbacks #football #basketball...2024-06-071h 14
The Baumbastic PodcastThe Haters (Daniel Shi) Won This RoundJoin Andrew Ellis as he’s joined by Daniel Shi, who will take his victory lap after saying Arkansas wouldn’t make it to Omaha and that the Kansas State Wildcats were dangerous. The dynamic duo will also be fielding questions from the chat as the Razorbacks turn the page to the offseason.Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball! / @thebaumbasticpodcastFollow Natty State Sports:...2024-06-041h 06
The Baumbastic PodcastArkansas Baseball Gets Nightmare Season EndingJoin the Natty State Sports crew as they react to (another) heartbreaking end to the season for the Arkansas Razorbacks, as they get eliminated from the Fayetteville Regional against the 4-seed SEMO Redhawks. Come process the stunning postseason exit with us from the welcoming confines of the beautiful Baum-Walker Stadium.Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball! / @thebaumbasticpodcastFollow Natty State Sports:...2024-06-031h 06
The Baumbastic PodcastAre the Diamond Hogs Cooked? Baumbastic Postgame ShowJoin the Natty State Sports crew as they react to Arkansas' 7-6 loss against Kansas State in the Fayetteville Regional, as well as take a look ahead to the next two days as the Razorbacks prepare to attempt to win three straight games to save their season.Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball! / @thebaumbasticpodcastFollow Natty State Sports:Facebook: www.fa...2024-06-021h 08
The Baumbastic PodcastLive Reaction: Arkansas knocks off SEMO, 17-9Join the entire Natty State Sports crew for the first official Baumbastic Postgame Show as they recap all the action from No. 5 Arkansas' 17-9 win at the Fayetteville Regional in the NCAA Tournament against Southeast Missouri State!Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball! / @thebaumbasticpodcastFollow Natty State Sports:Facebook: www.facebook.com/nattystatesportsX (Twitter): www.x.com/na...2024-06-0158 min
The Baumbastic PodcastRazorbacks Primed for Special Run?Before the Arkansas Razorbacks begin their run in the NCAA Tournament on Friday, join Andrew Ellis for another live edition of The Baumbastic Podcast as we take one final look ahead at the Fayetteville Regional and get a vibe check on the Diamond Hogs following their open practice and media session.Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball!  / @thebaumbasticpodcast Follow Natty State Sports:Fac...2024-05-301h 15
The Baumbastic PodcastDiamond Hogs secure national seed in NCAA TournamentJoin Andrew Ellis on another live stream edition of The Baumbastic Podcast following the revealing of the 2024 NCAA Tournament bracket and the Fayetteville Regional. Did the Arkansas Razorbacks get a good draw?Presented by Natty State Sports!www.nattystatesports.comSubscribe to the Baumbastic Podcast for all things Razorback Baseball!  / @thebaumbasticpodcast Follow Natty State Sports:Facebook: www.facebook.com/nattystatesportsX (Twitter): www.x.com/nattystatesportInstagram: www.instagra...2024-05-2756 min
Estate Planning Nightmares.....and how to avoid them!Ledly Jennings, ESQ-"Protecting Your Legacy: The Pitfalls of Unplanned Assets"Join us for another episode of Estate Planning Nightmares.....and how to avoid them!
My guest Ledly Jennings and I will discuss 2 estate planning mistakes:
1. Overlooked Assets
2. Poorly Drafted Plan
About Ledly:
He started his own firm after three years at Stephens, Inc., which is Arkansas’ largest investment bank. That experience, along with his time at Stan Miller Law has given him unique expertise to serve clients with a high net worth, helping them preserve their legacy.
Ledly has practiced in estate planning, business and tax pla...2023-12-1322 min