Shows
Law Days & LattesFamily Trusts - Protecting Your Land & LegacyEpisode 62 — Family Trusts: Protecting Your Land and LegacyIf you own farmland, hunting acreage, or a cherished outdoor property, how can you make sure it stays in your family—and out of probate—for generations? In this episode, attorney and estate planner Sidney Wheelan explains how a family trust works, the benefits and potential drawbacks, and real-world strategies for keeping land in the family without disputes or court battles.You’ll learn:What a family trust is and how it’s structuredWhy trusts are especially valuable for farms, hunting land, and recreational propertyThe top benefits...2025-08-0810 min
Law Days & LattesWhat's Your Exit Strategy?“What’s Your Exit Plan? Smart Strategies for Small Business Owners”Hosted by: Sidney WheelanPresented by: The Wheelan Law Firm (Serving North Missouri from Moberly & Carrollton)Episode Summary:In this episode, Sidney unpacks a question every business owner needs to ask — “What’s your exit plan?” Whether you’re just getting started or decades into building your dream, planning your exit strategy now gives you options, peace of mind, and a path forward that protects your clients, your team, and your legacy.☕ In This Episode:Why it’s never too early to...2025-08-0110 min
Law Days & LattesShielding Your Wealth: Structuring Your Business and Estate Plan for Asset Protection and Probate AvoidanceEpisode 60: Shielding Your Wealth – Structuring Your Business and Estate Plan for Asset Protection and Probate AvoidanceHost: Sidney WheelanSponsored by: The Wheelan Law Firm – proudly serving Moberly and Carrollton, Missouri🎙️ In this episode of Law Days and Lattes, we’re building on last week’s conversation about starting your business—and taking it a step further. Today, we’re tackling how to protect what you’ve built, from your side hustle to your farmland, and keep it out of the courtroom.☕ Grab your coffee and listen in as we cover:Why the structure o...2025-07-2209 min
Law Days & LattesFrom Idea to Income: The Legal Steps to Start Your BusinessEpisode 59: From Idea to Income – The Legal Steps to Start Your BusinessWelcome back to Law Days and Lattes—your go-to podcast for practical legal insights served with a shot of encouragement. In this episode, host Sidney Wheelan, attorney and owner of The Wheelan Law Firm (with offices in Moberly and Carrollton, Missouri), walks you through the essential legal steps to start your business the right way.Whether you're planning a side hustle or ready to take your passion full-time, this episode gives you a clear, practical roadmap—so you can launch confidently without the legal...2025-07-1610 min
Law Days & LattesWills vs. Trust: What's the Real Difference?Episode 58 – Will vs. Trust: What’s the Real Difference?Host: Sidney Wheelan, Wheelan Law Firm (Moberly & Carrollton, MO)Episode Summary:Ever wonder whether you need a Will, a Trust, or both? You're not alone—and this episode is here to clear things up. Estate planning can feel overwhelming, but we're breaking it down into plain English.Sidney walks you through the differences, pros, and cons of Wills vs. Trusts, including when each makes sense and why the right plan brings peace of mind—not just paperwork.In This Episode, You’ll L...2025-07-0909 min
Law Days & LattesWhat Are We Doing to Make Life Better?Episode 57 – What Are We Doing to Make Life Better?Host: Sidney Wheelan, Wheelan Law FirmIn this episode of Law Days and Lattes, Sidney takes a step back from the national headlines and turns the spotlight toward something quieter but just as powerful: what we are doing, right here at home, to make life better.From military parades to civil protests, it’s easy to feel overwhelmed by the noise. But real change? It doesn’t start with a podium. It starts with people. Checking on neighbors, showing up, and stepping into leadership roles...2025-06-2009 min
Law Days & LattesFind Your "Why": The Heart Behind Your Estate PlanFind Your “Why”: The Heart Behind Your Estate PlanWelcome back to Law Days and Lattes, where we blend legal know-how with real life. In today’s episode, host Sidney Wheelan dives into the real reason behind every good estate plan: your “why.”🧠 This episode isn’t about legal jargon—it’s about the people and values you’re protecting. Whether it’s your kids, your partner, your business, or your peace of mind, your motivations matter. And when you lead with that clarity, the logistics get a whole lot easier.We cover:✅ Why estate plann...2025-06-0608 min
Law Days & LattesRevocable vs. Irrevocable Trusts — Which One Best Protects Your Legacy?Episode 55: Revocable vs. Irrevocable Trusts — Which One Best Protects Your Legacy?Host: Sidney Wheelan, Attorney at Wheelan Law Firm in Moberly, Missouri☕ Episode SummaryIn this episode, Sidney dives into one of the most common questions she gets from clients: What's the difference between a revocable and an irrevocable trust? Whether you're legacy planning, protecting assets, or trying to avoid probate, understanding these trusts is essential.🔍 What You’ll LearnWhat a trust actually is (hint: it’s like a legal container for your assets)Key differences between revocable and irrevocable...2025-05-3010 min
Law Days & LattesYour Uniqueness Is Your Superpower🎙 Episode 54 – Your Uniqueness Is Your SuperpowerLaw Days and Lattes with Sidney WheelanWelcome back to Law Days and Lattes, the podcast where we talk about life, law, and everything in between—with a little caffeine and a lot of heart. In this episode, host Sidney Wheelan, owner of the Wheelan Law Firm in Moberly, Missouri, invites listeners to embrace what makes them different—and to build their legal lives around that truth.💡 What You’ll Hear in This Episode:Why your story is your strongest legal assetHow to use your personal history to pro...2025-05-2112 min
Law Days & LattesMother's Day: Legal Lessons Learned from Mom Episode 53: Mother’s Day — Legal Lessons Learned from MomThis week on Law Days and Lattes, host Sidney Wheelan reflects on the timeless advice passed down from her mother — and how those “mom-isms” surprisingly double as smart legal strategies. Just in time for Mother’s Day, this episode honors the women who raised us and reminds us that love, wisdom, and a good legal plan often go hand in hand.☕️ In this episode:How “Don’t put all your eggs in one basket” translates to estate planning and asset protectionWhy “If something happens to me…” is a conversation e...2025-05-0909 min
Law Days & LattesLadies, who is in charge of your finances?Ladies, Who Is in Charge of Your Finances?Host: Sidney Wheelan, attorney and advocate for financially empowered womenTheme: Taking control of your finances and legal protections—no more sitting on the sidelines💡 Why This MattersWomen often live longer than menWomen typically earn less over a lifetime due to wage gapsCaregiving responsibilities often take women out of the workforceLife events like divorce, illness, or loss of a partner can hit hard financiallyKnowledge is power—don’t leave your future to chance👑 Inner Queen vs. Inner ChildInner Queen: Takes charge, handles crises, leads with c...2025-04-2511 min
Law Days & LattesInvesting to Protect Your Family's FutureIn this episode of Law Days and Lattes, we’re diving into a kind of investing that doesn’t get enough attention: investing to protect your family’s future. This isn’t about chasing high returns or the latest financial trend — it’s about smart, strategic planning that gives you peace of mind and creates security for the people you love.Sidney shares the legal lens on investing, how your estate plan fits into the picture, and practical tips for protecting what you’ve built.☕ What You’ll Learn in This Episode:Why investing is also a legal st...2025-04-1610 min
Law Days & LattesGuardians & ConservatorsWelcome to the 50th episode of Law Days and Lattes! ☕ Host Sidney Wheelan, attorney and founder of the Wheelan Law Firm in Moberly, Missouri, celebrates this podcast milestone with an episode full of critical information for anyone who may find themselves navigating the responsibilities of guardianship or conservatorship.Whether you're helping care for an aging parent, supporting a disabled adult, or managing finances for a minor who has inherited assets, this episode walks you through:✅ The difference between guardianship and conservatorship🧠 What it means to be appointed over someone’s well-being or finances📋 Your legal responsibilities if you're ap...2025-04-0915 min
Law Days & LattesLiving Together: What No One Tells You About CohabitationLiving Together: What No One Tells You About CohabitationThe Legal Illusion of ‘Common Law Marriage’Myth: Living together for years = common law marriageReality: Most states, including Missouri, do NOT recognize common law marriageBreakups offer no legal protections unless you plan aheadThe Risks You Didn’t See ComingFinancial Loss in a BreakupNo automatic rights to home, car, or assets in partner’s nameNo Legal Rights in Medical or Estate MattersNo right to make medical decisions or inherit assetsDeb...2025-04-0215 min
Law Days & LattesInside the Courtroom - Understanding the Jury Trial ProcessInside the Courtroom – Understanding the Jury Trial ProcessIn this episode of Law Days and Lattes, host Sidney Wheelan takes you inside the courtroom for an in-depth look at the jury trial process. After spending a week observing a high-profile murder trial in her hometown, Sidney shares key insights on how trials unfold—from jury selection to the final verdict. If you’ve ever wondered what really happens during a jury trial, this episode is for you!What You’ll Learn in This Episode:The step-by-step process of a jury trialThe strategic elements behind jury sel...2025-03-2511 min
Law Days & LattesEstate Planning for Entrepreneurs - Protecting Your Business and LegacyLaw Days and Lattes - Episode 47Estate Planning for Entrepreneurs: Protecting Your Business and LegacyWhy Estate Planning MattersWithout a plan, courts—not you—decide what happens to your business.Poor planning can lead to legal battles, financial loss, and business closure.Key Estate Planning Documents✅ Will – Directs inheritance but doesn’t keep business out of probate.✅ Revocable Living Trust – Ensures smooth transition, avoids probate, keeps details private.✅ Power of Attorney (POA) – Appoints someone to manage business if you're incapacitated.Business Succession PlanningWho will take o...2025-03-1813 min
Law Days & LattesFailed Estate Plans: What could possibly go wrong???Failed Estate Plans: What Could Possibly Go Wrong???In this episode of Law Days and Lattes, host Sidney Wheelan breaks down the most common estate planning mistakes that can lead to legal battles, unnecessary taxes, and family disputes. From failing to fund a trust to outdated beneficiary designations, DIY wills, and incapacity planning, we cover what can go wrong—and more importantly, how to prevent these pitfalls. Grab your coffee and learn how to make sure your estate plan actually works the way you intend.Key Topics Covered:☕ Why Estate Plans Fail: Common mist...2025-03-0414 min
Law Days & LattesFinancially Fearless: Smart Money, Safe BusinessEpisode 45: Building Wealth Through Entrepreneurship While Legally Protecting Yourself and Your BusinessChoosing the Right Business StructureSole Proprietorship: No liability protection.LLC: Liability protection, flexible taxes, needs a strong operating agreement.Corporation (C-Corp/S-Corp): Strong protection, more regulations.Contracts & Legal AgreementsEssential contracts: client agreements, partnership agreements, employment contracts, NDAs.Get contracts in writing to prevent disputes.Protecting Intellectual PropertyTrademark, copyright, and patent protection.Register with the USPTO to secure your brand.Financial & Tax StrategiesSeparate business and personal finances.Utilize tax deductions, depreciation, and...2025-02-1812 min
Law Days & LattesFinancially Fearless: Protecting Your Assets During Life TransitionsFinancially Fearless: Protecting Your Assets During Life TransitionsSeries: Financially Fearless - Legal Strategies for Women to Secure Their Future (Episode 3)Host: Sidney WheelanSponsor: The Wheelan Law Firm of Moberly, MissouriWelcome to Law Days and Lattes! This episode focuses on protecting your assets during life transitions like marriage, divorce, and loss of a loved one. While geared towards women, the information is valuable for everyone. Life transitions, both joyful and difficult, can significantly impact finances. Being prepared is key to safeguarding your assets and future.Why Life...2025-02-0518 min
Law Days & LattesFinancially Fearless: Understanding and Negotiating ContractsFinancially Fearless: Understanding and Negotiating ContractsWelcome to Law Days and Lattes, sponsored by the Wheelan Law Firm of Moberly, Missouri—your one-stop shop for family and business legal needs! In this empowering episode, we dive into the second installment of our special series for women, Financially Fearless. This series is all about giving women the tools and confidence to navigate the world of finance, business, and law.What You'll Learn in This Episode:Understanding Contracts: We break down the essentials of reviewing contracts, highlighting key sections to pay attention to, such as scope of...2025-01-2813 min
Law Days & LattesFinancially Fearless: Breaking the DependenceFinancially Fearless – Breaking the DependenceIntroductionWelcome to Law Days and Lattes, your go-to podcast for family and business legal insights.New series focused on empowering women with tools to take control of their financial futures.Actionable strategies, common pitfalls, and expert advice tailored to women’s unique challenges.Why Financial Independence is Non-NegotiableDependence is risky—relationships change, jobs come and go, and emergencies happen.Nearly half of U.S. women rely on a partner for financial planning.80% of women outlive male partners and will need to manage finances independently.Real-life example: Sidney...2025-01-2113 min
Law Days & LattesThe Will You Never Wrote: Intestate Succession in MissouriEpisode 41: The Will You Never Wrote: Intestate Succession in MissouriWelcome to Law Days and Lattes, brought to you by the Wheelan Law Firm of Moberly, Missouri.Episode OverviewTopic: Intestate succession in Missouri.Focus: What happens if you die without a will.Goal: Understand the rules and avoid potential chaos for loved ones.Key Topics Covered1. What Is Intestate Succession?Legal process of distributing property without a will.Applies to assets solely in your name.Excludes jointly owned property or assets with named beneficiaries.2. Missouri’s Ru...2025-01-0712 min
Law Days & LattesYear-End Reflections and Financial PlanningYear-End Reflections and Financial PlanningWelcome to Law Days and Lattes! This week, we explore year-end reflections and strategies to plan for financial success in the new year. Grab your latte and join us!Episode HighlightsDefining Financial GoalsCreate passive income and financial freedom.Build a legacy or ensure family security.Work smarter, not harder.End-of-Year ReflectionAssess progress: Did you meet your goals? What assets did you grow?Identify lessons learned and areas for improvement.Reflect on mindset and habits for clarity moving forward.Planning...2024-12-3009 min
Law Days & LattesStay Safe this Holiday Season: How to Avoid ScamsStay Safe This Holiday Season: How to Avoid ScamsEpisode Summary:In this holiday-themed episode of Law Days and Lattes, host Sidney Wheelan tackles the unfortunate rise of scams during the festive season. From fake online stores to phishing texts, Sidney outlines the most common scams, the red flags to watch out for, and practical tips to protect yourself and your loved ones. Whether you’re shopping online or donating to a charity, this episode is packed with actionable advice to keep your holidays scam-free.Key Takeaways:Segment 1: Common Holiday Scams2024-12-2013 min
Law Days & LattesEstate Planning for the Holidays: Giving the Gift of PreparednessEpisode 38: Estate Planning for the Holidays – Giving the Gift of PreparednessWelcome back to Law Days and Lattes! In this special Holiday Edition, host Sidney Wheelan, attorney and founder of the Wheelan Law Firm of Moberly, Missouri, dives into an often-overlooked but invaluable gift: estate planning. This episode breaks down why the holiday season is the perfect time to secure your family’s future and how to approach these conversations with care and purpose.Episode HighlightsWhy Estate Planning Fits the HolidaysThe holidays bring families together, creating the ideal setting to disc...2024-12-1310 min
Law Days & LattesEmpowering Your Future: Understanding Durable Powers of AttorneyEpisode OverviewIn this episode, we dive into one of the most critical tools for personal and estate planning: the Durable Power of Attorney (DPOA). Whether you're planning for your own future or supporting a loved one, understanding how DPOAs work can save time, money, and stress down the road.What You’ll Learn:What is a Durable Power of Attorney?Discover how a DPOA allows a trusted individual to act on your behalf, even if you become incapacitated.Roles and Responsibilities of Your Agent:Learn the importance of ch...2024-11-2614 min
Law Days & LattesTaking Care of Our Parents -- A Moving TargetEpisode 36: Taking Care of Our Parents -- A Moving TargetHost: Sidney WheelanSponsor: The Wheelan Law Firm of Moberly, MissouriOpeningIntroduction: Sidney welcomes listeners to Law Days and Lattes, aiming to break down complex legal topics.Episode Focus: Discussing the shifting needs of aging parents and how caregivers can cope with these changes.Segment 1: Understanding the ChallengesCaregiving is unpredictable and non-linear.Aging parents’ needs can change rapidly, requiring constant adaptation.Personal anecdote about Sidney’s experience with her own mother.Segment 2: Embracing FlexibilityImportan...2024-11-1314 min
Law Days & LattesAttention Business Owners - Don't Miss the BOI Reporting DeadlineIn this episode of Law Days and Lattes, your host, Sidney Wheelan, breaks down the essential details about the new Beneficial Ownership Information (BOI) report required by the Corporate Transparency Act (CTA). This federal requirement, effective January 1, 2024, affects many business owners in the U.S. Listen in to learn about who needs to file, what information is required, deadlines, and the potential penalties for non-compliance. Don’t miss this essential episode for small business owners and entrepreneurs!Episode SegmentsSegment 1: What is the BOI Report?Overview of the CTA and its goal to increase tr...2024-11-0514 min
Law Days & LattesSafeguarding Democracy: The American Bar Association's Call to ActionEpisode 34: Safeguarding Democracy: The American Bar Association’s Call to ActionHost: Sidney WheelanSponsored by: The Wheelan Law Firm of Moberly, MissouriEpisode Overview:In this episode of Law Days & Lattes, we explore the American Bar Association’s (ABA) Task Force on American Democracy, which has highlighted critical threats to the integrity of our democratic institutions. From rising political polarization to disinformation, Sidney breaks down the ABA’s findings and what everyday citizens can do to safeguard the future of democracy.Key Topics Covered -ABA’s Task F...2024-10-2412 min
Law Days & LattesVote ResponsiblyVote Responsibly (Ep. 33)Host: Sidney WheelanSponsor: The Wheelan Law Firm, Moberly, MissouriWelcome back to Law Days and Lattes! In this episode, Sidney takes us through a breakdown of the key ballot issues facing Missouri voters in the upcoming November 2024 election. From constitutional amendments on sports betting and reproductive rights to a proposition on raising the minimum wage, this episode aims to help you be a more informed voter.Key Ballot Issues Discussed:Constitutional Amendment 2: Legalizing Sports BettingMissouri voters will decide whether to legalize sports...2024-10-1717 min
Law Days & Lattes4th Quarter Push Part 2 - Finishing the Year Strong (with Estate Planning & Business Planning)Fourth Quarter Push Part 2 – Finishing the Year Strong (with Estate & Business Planning)Host: Sidney WheelanSponsor: The Wheelan Law Firm, Moberly, MissouriIn this episode, we dive deep into strategies for making the most of the final quarter of the year, with a special focus on estate planning and business planning. Whether you're an entrepreneur, a business owner, or someone looking to get your personal affairs in order, this episode is packed with actionable tips to help you finish the year strong and set yourself up for success in 2025.Key Segments:2024-10-0814 min
Law Days & Lattes4th Quarter Push - Finishing the Year StrongIn this motivating episode, Sidney Wheelan dives into strategies for making the most of the final quarter of the year. Whether you’re an entrepreneur, a student, or just looking to wrap up the year with impact, this episode offers practical tips on finishing 2024 strong. Grab your latte and join Sidney for an inspiring conversation about prioritizing goals, avoiding burnout, and staying adaptable.Episode Highlights:1. Reflect on the Year So FarSidney emphasizes the importance of reviewing your progress before pushing forward. Take a moment to reflect on your goals, challenges, and successes fr...2024-10-0212 min
Law Days & LattesMajor U.S. Supreme Court Decisions - Shaping the NationLaw Days & Lattes – Episode 30: Major U.S. Supreme Court Decisions – Shaping the NationWelcome back to Law Days & Lattes, sponsored by the Wheelan Law Firm of Moberly, Missouri! In this episode, we explore some of the most significant recent U.S. Supreme Court decisions and how these rulings are reshaping law and society. Grab your favorite latte and join us as we break down major cases that have affected affirmative action, LGBTQ+ rights, abortion, presidential immunity, election law, and more.Episode Highlights:1. Affirmative Action and Education:Students for Fair Admissions v. Harvard (2023)The...2024-09-2411 min
Law Days & LattesUnderstanding Constitution Day and Why It's CelebratedEpisode 29: Understanding Constitution Day and Why It's CelebratedWelcome to Law Days and Lattes, brought to you by The Wheelan Law Firm of Moberly, Missouri. In this episode, host Sidney Wheelan dives into the origins, significance, and modern relevance of Constitution Day, celebrated annually on September 17th.What You’ll Learn in This Episode:What is Constitution Day?Discover why September 17th is designated as Constitution Day, marking the signing of the U.S. Constitution in 1787, and learn about the law passed in 2004 requiring educational institutions to provide programming on the Constitution's hi...2024-09-1714 min
Law Days & LattesReal Estate FinancingLaw Days and Lattes - Episode 28Real Estate Financing: What You Need to KnowDescription: This episode delves into the world of real estate financing, exploring different mortgage types, financing options for investors, key terms, and current market trends. We also share expert advice and address common questions.Key Points:Basics of Real Estate Financing: Understand the structure, key players, and different types of financing (residential, commercial, investment).Types of Mortgages: Explore fixed-rate, adjustable-rate, interest-only, and jumbo loans.Financing for Real Estate Investors: Discuss conventional loans, portfolio loans, hard money loans, and...2024-09-1113 min
Law Days & LattesReal Estate - Back to the BasicsEpisode 27 - Back to the Basics of Real EstateIntroductionWelcome back to Law Days and Lattes! I'm Sidney Wheelan, your host, and this podcast is brought to you by the Wheelan Law Firm of Moberly, Missouri. Whether you're dealing with family or business legal matters, we're here to help you navigate the complexities. Today, in Episode 27, we're getting back to the basics of real estate—a critical topic whether you're buying your first property or your tenth.Episode SummaryIn this episode, we dive into the essential legal considerations when pu...2024-09-0416 min
Law Days & LattesFund Your Trust with Your Life Insurance - Ten Reasons Why You Should Do SoEpisode 26 - Fund Your Trust with Your Life Insurance: Ten Reasons Why You Should Do SoHost: Sidney Wheelan Sponsor: The Wheelan Law Firm of Moberly, Missouri Episode Number: 26In this episode of Law Days and Lattes, attorney Sidney Wheelan continues the conversation on setting up your business and personal affairs to ensure that your loved ones are taken care of both now and in the future. This episode focuses on how you can fund your trust using your life insurance benefits, providing a secure and efficient way to manage and...2024-08-2710 min
Law Days & LattesAssembling Your Dream Team - The Power of Experts in Legal and Financial SuccessLaw Days and Lattes - Episode 25Assembling Your Dream Team: The Power of Experts in Legal and Financial SuccessDescription: In this episode, attorney Sidney Wheelan discusses the importance of building a robust team of experts to navigate the complexities of modern legal, financial, and tax landscapes. Learn why having attorneys, accountants, financial advisors, and other professionals is crucial for both personal and business success.Key Topics:The importance of a team of expertsThe role of attorneysThe role of accountantsThe role of financial advisorsOther essential expertsHow to build your team...2024-08-2015 min
Law Days & Lattes7 Reasons Your Trust Should Own Your LLCShow Notes for Episode 24 of Law Days and LattesTitle: Let’s Talk Business: 7 Reasons Your Trust Should Own Your LLCWelcome to Law Days and Lattes!Host: Sidney WheelanSponsored by: The Wheelan Law Firm of Moberly, MissouriEpisode Number: 24Episode Overview:In this episode, we begin a series of shorter discussions focusing on leading your business and family into a secure future. We'll explore the intentional setup of your business and affairs to ensure smooth transitions during significant life events, such as serious illness or death.Key Topic:2024-08-1308 min
Law Days & LattesAugust 6th Primary Election - Choose CarefullyAugust 6th Primary Election: Choose CarefullySponsored by: Wheelan Law Firm of Moberly, MissouriHosted by: Sidney WheelanEpisode Summary:In this episode, Sidney Wheelan dives deep into the upcoming Missouri Primary Election on August 6th. Learn about the primary election process, qualifications for candidates, and how to find more information on campaigns and the voting process.Key Topics Covered:Overview of Missouri Primary ElectionsOpen primaries: Voters can choose any party’s ballot.Importance of selecting the correct party's ba...2024-08-0217 min
Law Days & LattesCandidate Forum - Moberly/Randolph County League of Women VotersLaw Days and Lattes: Episode 22 - Candidate Forum Moberly/Randolph Co. League of Women VotersSponsored by: Wheelan Law Firm Host: Sidney WheelanDescription:This episode features the Candidate Forum recorded July 25th, 2024, hosted by the Moberly/Randolph County League of Women Voters. It's a great opportunity to learn about the candidates and the issues facing Randolph County.Time Stamps:(02:44) - Introduction from League of Women Voters President of local League: Sidney E. Wheelan(06:00) - Introduction from Emcee Brad Boyer and overview of Forum rules(07:50) - Western & Eastern...2024-07-261h 37
Law Days & LattesCar Insurance DemystifiedEpisode 21: Car Insurance DemystifiedHost: Sidney WheelanTopic: Essential Car Insurance CoveragesKey points:Car insurance protects you financially after a collision.There are many coverages, but four are essential.Liability coverage: Covers injuries/damages you cause to others (required by most states).Minimum limits may not be enough. Consider buying more protection.Uninsured motorist coverage: Covers you if hit by a driver with no insurance.Minimum limits may not be enough. Consider buying more protection.Underinsured motorist coverage: Covers you...2024-07-1913 min
Law Days & Lattes15 Tips to a Strong Second HalfEpisode 20 - 15 Tips to a Strong Second HalfHost: Sidney WheelanSponsored by: The Wheelan Law Firm, LLC of Moberly, Missouri Welcome back to Law Days and Lattes!This episode is your mid-year reminder to take charge and make the most of the remaining six months. Host Sidney Wheelan shares 15 actionable tips to strengthen your finances, healthcare, and legal matters.Here are some key takeaways:Estate Planning: Update your existing plan or create a new one. A simple will might not be enough. Consider a Revocable Trust for...2024-07-0809 min
Law Days & LattesWrongful Death ExplainedEpisode 19 - Wrongful Death ExplainedHost: Sidney WheelanSponsored by: The Wheelan Law Firm, LLC of Moberly, Missouri This episode covers:What is a wrongful death claim?Elements of a wrongful death claim:Duty of careBreach of dutyCausationDamagesEligibility to fileTime limits for filing wrongful death claims (Missouri specific)Common scenarios for wrongful death claimsThe process of filing a wrongful death claimCompensation for wrongful death claims (Missouri specific)Key takeaways:Wrongful death claims arise when someone dies due to another person or entity's negligence, recklessness, or misconduct...2024-06-2911 min
Law Days & LattesElections -- Campaigns and ConvictionsHost: Sidney WheelanSponsor: Wheelan Law Firm of Moberly, MissouriContact: WheelanLaw.comEpisode Number: 18Title: Elections--Campaigns and ConvictionsSummary: Sidney discusses the intricacies of running for political office, voting regulations, and recent legal challenges involving political candidates.Key Topics Covered Campaign Season ObservationsSidney shares thoughts on the current campaign season, sign wars, ice cream socials, and political fundraisers.Emphasizes the importance of participating in the political process by being informed and voting.Running for...2024-06-2115 min
Law Days & LattesEstate Planning Bloopers: Ten Common MistakesEstate Planning Bloopers: Ten Common MistakesIn this episode, you'll learn about ten common estate planning mistakes to avoid, including:Choosing the wrong executor/personal representative.Naming the wrong agent on your power of attorney or trustee on your trust.Not funding your trust properly.Overcomplicating your estate plan.Relying solely on a will.Making mistakes with beneficiary designations.Naming too many beneficiaries on a beneficiary deed.Making someone a joint owner on your bank accounts.Making someone a joint owner on your real estate.Not having your real estate deeds prepared by an experienced attorney.2024-06-1415 min
Law Days & LattesMediation: Could It Help My Legal Case?Episode 16: Mediation: Could It Help My Legal Case?Host: Sidney WheelanIntroduction:Welcome to episode 16! Today's topic is mediation as an alternative dispute resolution (ADR) method for legal issues.Understanding mediation can be crucial for anyone involved in a legal dispute.Mediation can save time, money, and stress compared to going to court.What is Mediation?A neutral third party (mediator) facilitates discussion between disputing parties to reach a settlement agreement.The mediator doesn't make binding decisions but helps with communication and exploring interests.Consider consulting with an attorney before and...2024-06-0718 min
Law Days & LattesUnderstanding Jury Duty: A Civic ResponsibilityLaw Days and Lattes: Episode 15 – Understanding Jury Duty: A Civic ResponsibilityHost: Sidney Wheelan, Attorney at Wheelan Law Firm, Moberly, MissouriTopic: Importance of Jury Duty and Citizens' Role in the Legal SystemKey Points:Jury duty is a fundamental aspect of the American legal system, ensuring fair trials by a representative group of citizens.Serving on a jury is an educational experience that provides insight into court procedures and the importance of upholding the law.Diverse juries promote balanced decision-making through varied perspectives.Jury trials safeguard defendants' rights by ensuring judgment by i...2024-05-3118 min
Law Days & LattesMid-Year Tax Planning for EntrepreneursEpisode 14: Mid-Year Tax Planning for EntrepreneursHost: Sidney WheelanSponsor: Wheelan Law Firm of Moberly, MissouriKey takeaways:This episode focuses on tax planning strategies for entrepreneurs, specifically those related to business structures, retirement accounts, and health savings accounts (HSAs).Business structures:LLCs are popular for startups due to their simplicity and pass-through taxation (profits/losses pass through to owners' personal tax returns).S corporations can be beneficial for tax savings on self-employment taxes, but come with additional complexities and limitations.You can potentially combine the advantages of LLCs (ease of management...2024-05-2424 min
Law Days & LattesAdvice for New GraduatesAdvice for New GraduatesLifelong LearningGraduates should understand their education is just the beginning and lifelong learning is essential.Asking questions is encouraged, and as knowledge grows, so does the ability to ask insightful questions.Recognizing Red FlagsLearning to identify potential problems allows graduates to react effectively and minimize negative consequences.Legal Rights and ResponsibilitiesUnderstanding contracts is crucial. Always read and ask questions before signing, especially regarding employment, housing, or services.Rental AgreementsKey points to consider: lease term, subletting, utilities, renter's insurance, and...2024-05-1718 min
Law Days & LattesScam Alert!! Senior Scams ExposedScam Alert!! Senior Scams ExposedHost: Sidney WheelanTopic: Protecting Seniors from ScamsSummary:This episode discusses common scams targeting seniors and offers tips to help families keep their loved ones safe.Key Points:Seniors are vulnerable to various scams, including grandparent scams, tech support scams, healthcare fraud, romance scams, lottery/sweepstakes scams, investment scams, home improvement scams, IRS impersonation scams, timeshare scams, and gift card scams.Scammers exploit seniors' trust, financial stability, and desire for companionship or assistance.How to Help Seniors:Encourage open communication about suspicious...2024-05-1112 min
Law Days & LattesRemarried With Children? Estate Planning Tips for Blended FamiliesEstate Planning Tips for Blended FamiliesHost: Sidney WheelanTopic: Estate Planning for Blended FamiliesKey Points:Blended families: Defined as families formed when individuals with children from previous relationships come together. Examples include remarried couples with children, widowed parents with children remarrying, etc.Importance of estate planning for blended families:Protects loved ones by ensuring assets are distributed according to wishes.Avoids potential conflicts among family members regarding inheritance.Provides for minor children in case of a parent's passing.Preserves family harmony by addressing potential issues beforehand.2024-05-0319 min
Law Days & LattesWhat do I do NOW? Advice for the newly WidowedLosing a spouse is a heartbreaking experience. This episode offers compassionate legal guidance for those who are recently widowed.In this episode, you will learn:How to take care of yourself emotionally during this difficult time.What immediate legal steps to take after your spouse's death.The importance of estate planning to avoid probate.Different options for avoiding probate, such as revocable living trusts and beneficiary deeds.The potential drawbacks of joint ownership of property.What happens if your spouse dies without a will.Key points:Take time to grieve. Don't rush into le...2024-04-2624 min
Law Days & LattesBuilding a Better Tomorrow -- Leaving a LegacyEpisode 9: Building a Better Tomorrow - Leaving a LegacyHost: Sidney WheelanThis episode explores the concept of legacy building through community service, charitable giving, and estate planning.Key Points:Legacy giving goes beyond financial impact; it's about leaving a lasting impression that inspires others.There are many ways to give back, including volunteering, donating time or money, and sharing your talents.Charitable giving through estate planning allows you to designate a portion of your assets to causes you care about.Charitable giving reflects your values and passions.Consider setting up a...2024-04-1911 min
Law Days & LattesIs the Nursing Home going to take My House?Episode 8 - Is the Nursing Home Take My House?Host: Sidney Wheelan, Elder Law AttorneyTopic: Paying for Nursing Home CareKey Points:Average cost of nursing home care in Missouri: $5400 - $6000 per month (varies by location, amenities, level of care)Options for paying: Long-term care insurance, MedicaidMedicaid eligibility: Income and asset limitsAsset limits:Excluded assets: house, car, prepaid burial planMust spend down most assets to qualify ($5000 limit)Some income-producing property may be allowedSelling your house: Not required to qualify for Medicaid, but may be necessary if you can't afford ongoing expenses.Nurs...2024-04-1215 min
Law Days & LattesNavigating ProbateLaw Days and Lattes: Episode 7 - Navigating ProbateHost: Sidney WheelanTopic: Probate Process in MissouriIntroduction:Explains the importance of avoiding probate if possible.Discusses what to do if there is no estate planning and probate is necessary.What is Probate?Court-supervised process of transferring legal ownership of a deceased person's property (decedent) to their heirs or beneficiaries.Ensures creditors are paid and property is distributed correctly.Key Terms:Claim: Debt owed by the decedent at death (medical bills, credit cards, etc.)Claimant: Creditor who...2024-04-0523 min
Law Days & LattesGuardianships & ConservatorshipsHost: Sidney WheelanEpisode Title: Guardianships and ConservatorshipsSponsor: The Wheelan Law Firm of Moberly, MissouriMain Points:Guardianships and conservatorships are legal proceedings to protect the rights and well-being of vulnerable individuals.Guardians make personal and medical decisions for someone else (ward).Conservators make financial decisions for someone else (protectee).Guardianships can be for minors or incapacitated adults.Conservatorships can be for minors or adults.Guardianships and conservatorships are separate proceedings, but often needed together.There are temporary guardianships for emergencies.The court process involves a petition, hearing, and evidence.Limited...2024-03-2919 min
Law Days & LattesMind Your Business - Why an LLC is good for your business!Host: Sidney WheelanEpisode Summary:This episode explores Limited Liability Companies (LLCs) as a business structure, highlighting the advantages they offer compared to other options like sole proprietorships. Key takeaways include:Limited Liability Protection: Protects owners' personal assets from business debts and liabilities.Operating Agreement: Essential legal document outlining ownership, management, and operational procedures. Seek legal counsel for creating this document.Management Flexibility: Choose member-managed or manager-managed structures.Pass-Through Taxation: Profits and losses pass through to owners' personal tax returns, avoiding double taxation.Simplicity in Operation: Less complex formalities compared to corporations.Flexible Ownership Structu...2024-03-2212 min
Law Days & LattesTips for talking to your parents about Estate PlanningTopic: Talking to Your Parents About Estate PlanningHost: Sidney WheelanKey Points:Why this conversation is important: Even though it can be difficult, discussing estate planning with your parents ensures their wishes are known and avoids potential conflict among family members.When to have the conversation: There's no perfect time, but don't wait until a crisis. Choose a calm and comfortable setting.Tips for approaching the conversation:Start by expressing your concern for their well-being.Find out what they've already done.Emphasize the importance of preventing family conflict.Consider including all family members in...2024-03-1513 min
Law Days & LattesWills – Your Ticket to ProbateTopic: Wills and Estate PlanningKey Points:We previously discussed probate and its purpose in settling estates. (Episode 1: Avoiding Probate!)This episode focuses on Wills and why having a Will, though requiring probate, is still valuable for estate planning.What is a Will?A last Will and Testament is a legal document outlining a person's wishes for their assets after death.It provides specific instructions on distributing your possesions.Why You Need a Will:Avoids intestacy: If you die without a Will, the state determines how your assets are distributed...2024-03-0823 min
Law Days & LattesAvoid Probate with a Revocable Trust!What is a Revocable Trust?A revocable trust is a legal agreement that allows you to manage your assets during your lifetime and distribute them efficiently after your death, bypassing the probate court process. Think of it as a framework that holds your assets and dictates how they should be handled in the future. You, the grantor (or settlor), transfer ownership of your assets to the trust, but you retain control over them while you're alive. You can even be the initial trustee, managing the assets within the trust just as you did before.Why...2024-03-0114 min
Law Days & LattesAvoiding Probate!Avoiding Probate! IntroductionWelcome to today’s episode where we delve into a topic that affects all of us, whether we’re seasoned planners, prospective clients, or individuals navigating the complex web of financial decisions.Picture this: You’re living your best life, building your dreams, and suddenly the unexpected happens. It’s a stark reality we often overlook—the need for a solid estate plan.Estate Planning is not just for later in life; it’s a crucial road map for securing your legacy and protecting your hard-earned assets.Understanding Probate...2024-02-1414 min
Law Days & LattesIntroducing "Law Days & Lattes" a new podcast from attorney, Sidney Wheelan.Welcome to Law Days & Lattes, a unique blend of law, business, and a warm cup of wisdom. Your host, Sidney Wheelan, is not just an attorney but also a real estate investor and entrepreneur. This podcast is your one-stop source for legal insights, business strategies, and so much more.Whether you’re a seasoned professional, an ambitious entrepreneur, or someone seeking guidance, Law Days & Lattes is the podcast for you. We aim to empower our listeners with valuable business strategies and insights into navigating the legal landscape.But we’re not just about law and busi...2024-01-1901 min