Shows
Wealth For GenerationsMastering the Market: Balancing Risk and Security for Lasting Wealth and EmpowermentWhat happens when the stock market feels like a thrilling rollercoaster ride, and you're not sure when to get off? Join us as we explore the exhilarating world of investing with Todd Whatley, a certified elder law attorney, and Ian Weiner, a certified financial planner. Learn the art of navigating the current market, highlighted by Walmart's stellar performance amidst a prolonged bull run. You'll gain insights into the often-overlooked behavioral traps investors face, find out why blindly following past market successes can be risky, and discover the importance of a diversified, balanced investment strategy that withstands the test of...2025-01-1423 minWealth For GenerationsTaxes, Tariffs Planning For Success In The Trump Era.Brace yourself for a groundbreaking discussion on the financial and political tremors following the seismic 2024 election: Donald Trump is back in the White House. We promise to navigate the tangled web of reactions—from the ecstatic to the anxious—and shed light on the real impact of tariffs and taxes under the new administration. Our goal is to offer you a clear path through the media noise and sensationalism, focusing on what truly matters for your financial well-being. With the seasoned insights of Todd Whatley, a certified elder law attorney, and Ian Weiner, a certified financial planner, we tackle the...2024-12-1027 minWealth For GenerationsTwo Big Mistakes Many Times Seen in TrustsHow can you ensure your legacy is safeguarded for your children and future generations? Today on Wealth for Generations, Todd Whatley and Ian Weiner unpack two critical components of trusts and estate planning to help you protect your family's financial future. We kick off by diving into the intricacies of trust distribution terms, explaining why simply creating a trust isn’t enough. Todd reveals how specific provisions shield your beneficiaries from potential financial pitfalls such as bankruptcy, divorce, and lawsuits, ensuring their inheritances remain secure.In the next segment, we shed light on testamentary trusts and the of...2024-09-2728 min
The Lawyer's Money ShowMastering the Terminal Dollar: Strategic Wealth Transition and Financial Planning for Legal ProfessionalsImagine reaching a point where you've earned the last dollar you'll ever need. What would you do next? On the latest episode of the Lawyer's Money Show, we promise to transform your financial mindset by exploring the concept of the "terminal dollar." We dive deep into understanding when enough is truly enough, and how this realization can revolutionize your financial decisions. We'll guide you through the three key uses of money—spending, investing, and giving it away—and challenge you to think about the best way to allocate your wealth beyond this crucial milestone. Through compelling anecdotes and expert insi...2024-07-2321 minWealth For GenerationsThe Terminal Dollar: Redefining Financial Success - Beyond Security to SignificanceEver wondered if you’re managing your wealth for maximum impact and fulfillment? Find out how to transform your financial perspective by exploring the concept of the "terminal dollar" with our experts, Todd Whatley and Ian Weiner. This episode challenges you to rethink your financial goals once you've achieved security, delving into the essential uses of money—spending, investing, and giving away. Todd and Ian guide you through the mental shift that comes with assessing your financial journey, offering practical advice and real-life client stories to help you overcome lifelong frugal habits and make meaningful decisions about your surplus weal...2024-07-2321 min
The Elder Law CoachEp. 38 The Future of Elder Law Part 2 - One Solution, Financial PlanningSend us a textUnlock the secrets to effective elder law and estate planning as we host Ian Weiner, a Certified Financial Planner, who shares his expertise on the critical risks of using templated legal documents and "do it yourself" financial advice. Discover why DIY and advisor-mediated estate plans often fall short and how improper documentation can lead to serious consequences. Ian and Todd Whatley expose the ethical concerns of financial advisors inflating legal service costs and stress the importance of consulting certified elder law attorneys for comprehensive estate planning.In our advanced segment, we...2024-07-2227 minThe Elder Law CoachEp. 37 Trends in Elder Law - What is Coming?Send us a textDiscover the evolving world of estate planning and financial advising in our latest episode, featuring insightful contributions from Todd Whatley, the Elder Law Coach, and certified financial planner Ian Weiner. You won't want to miss Todd's candid apology for the delay in new episodes as he commits to more frequent and valuable content. Ian takes us through the types of financial advisors, emphasizing the fee-only model and the industry's shift towards comprehensive financial planning. Gain from Ian's extensive experience as he underscores the necessity for transparency and client-focused advice, steering away from mere...2024-07-2224 minThe Lawyer's Money ShowEp. 11 The Attorney's Guide to Wise Real Estate and Equity VenturesUnlock the secrets to savvy investing with Todd Whatley and me, Ian Weiner, as your guides through the often opaque world of alternative investments. Today's episode is a goldmine for attorneys looking to navigate the complexities of private equity, private credit, and real estate. We shed light on the allure of these opportunities, while also stressing the necessity for transparency and a solid understanding of associated fees, expenses, and liquidity. You'll walk away from this conversation with a clear sense of how to approach investment pitches, and with the knowledge that those managing the investments may just be the...2024-04-1626 minThe Lawyer's Money ShowEpi 15 Transforming Debt into Opportunity: Financial Intelligence for the Legal ProfessionAre your finances dressed in their best suit, or are they loitering in legal limbo? As legal professionals, Todd Whatley and Ian Weiner lead you through the labyrinth of financial planning where the stakes are as high as courtroom drama. We crack open the case files on why a detailed look at your tax returns is the secret weapon in building a personalized investment strategy. Failure to utilize this tool could be tantamount to professional malpractice—yes, it's that critical. We're also pulling back the curtain on our exclusive 90-day sprint, a service engineered to align every thread of a...2024-04-1627 minThe Lawyer's Money ShowEpi 14 Lawyers and Wealth Mastery: Strategic Insights for Financial ManagementUnlock the keys to mastering your financial future and avoiding common wealth management traps with our latest discussion, tailored specifically for attorneys. Ian joins me to dissect the vital reasons why complete financial transparency, right down to sharing tax returns with your planner, is not just beneficial but essential in creating a solid financial strategy. We expose the pitfalls of confusing actual financial planning with mere product selling, and the dire consequences this confusion can have on your practice and personal wealth. You'll gain invaluable insights into how a detailed understanding of your financial landscape, from hidden assets to...2024-04-1627 minThe Lawyer's Money ShowEpi 13 Maximizing Your Legal Practice's Potential: A 90-Day Blueprint for Firm Management, Financial Mastery, and Ensuring a Lasting LegacyUnlock the full potential of your law practice with our transformative 90-day sprint program! Todd Whatley and Ian Weiner, promise to guide you through the labyrinth of firm management, offering unparalleled insights into financial operations, insurance, and retirement plans that will catapult your legal career to new heights. As attorneys, you're no stranger to the complexities of the legal world, but our dedicated program is tailored to demystify the business side of your practice, equipping you with the practical steps needed to fortify not just your firm's health but your personal wealth as well.Embark on a...2024-04-1630 minThe Lawyer's Money ShowEpi 12 Crafting Fiscal Success: Personalized Investment Solutions for the Legal ProfessionUnlock the secrets to financial prowess with yours truly and expert Todd Whatley in our revealing chat on the Lawyer's Money Membership. Designed specifically for attorneys, this program promises a treasure trove of tools to shore up your financial well-being, from DIY planning resources to personalized investment strategies. We sift through guides, checklists, and flowcharts that spell out money mastery, and we lay bare the access to cutting-edge software like New Retirement and Monarch Money – your new allies in the quest for a robust financial future. Plus, discover the unique robo-advisor service that tailors your investment journey to match yo...2024-04-1618 minThe Lawyer's Money ShowEp 10 Decoding the Complexities of Alternative Investments for Legal ExpertsUnlock the secrets to savvy investing with a legal twist on the Lawyer's Money Show! Todd Whatley and yours truly, Ian Weiner, bring our expertise to the table, guiding attorneys through the labyrinth of alternative investments. With a focus on private equity, private credit, and the concrete world of real estate, we dissect the all-too-tempting pitches that come your way. Our analysis cuts through the flash to reveal the true costs and potential pitfalls. Plus, we don’t shy away from the advantages, especially for law practice owners looking to make real estate work to their benefit, capitalizing on ta...2024-03-2126 minThe Lawyer's Money ShowEp 8 Estate Planning for Attorneys.Navigating the complexities of estate planning is no small feat, even for those of us well-versed in the art of law. Todd Whatley and Ian Weiner promise an enlightening conversation that strips away the mystique surrounding estate management, particularly for my fellow legal eagles. We dissect familiar pitfalls that snag even the sharpest legal minds, and emphasize why it's crucial to have an estate planning specialist peek under the hood of your plans. Retirement is a game-changer for attorneys, and this episode is packed with strategic wisdom from elder law expert Todd Wattley to ensure your assets are shielded a...2024-03-2121 minThe Lawyer's Money ShowEp 7 Amplifying Your Law Firm's Success: Strategic Investments and Value-Based Pricing for GrowthGet ready to unlock the potential of your law practice with the insights Todd Whatley and Ian Weiner, bring to the table. Our personal journeys have taught us the transformative power of reinvesting in your business, and we’re here to share how this approach can amplify your firm's financial health. We'll show you why it’s crucial to view every expense as a strategic investment, capable of yielding significant returns. Plus, we dissect the often overlooked benefits of continuing legal education and how a simple change, like upgrading to a high-quality scanner, can revolutionize your firm's efficiency and prof...2024-03-2120 minThe Lawyer's Money ShowEp 9 Crafting a Rewarding Retirement: Strategic Exit Planning for AttorneysEmbarking on the path to retirement can be as complex as a high-profile legal case, which is why we, Todd Whatley and Ian Weiner, are here to serve as your seasoned guides. We understand that hanging up the robe doesn't mean the same for every lawyer; for some, it's about rewiring instead of retiring. In our latest episode, we unpack the essentials of transitioning from a full-throttle legal career to a life that champions balance, bringing you personal insights and expert advice that will help you pinpoint the perfect moment to step back. Is it time to swap briefs...2024-03-2125 minThe Lawyer's Money ShowEp. 6 Financial Freedom for Lawyers by Mastering Delegation and EfficiencyEver wondered how a lawyer can juggle the scales of justice and the books of business without dropping the ball on either? That's where the power of delegation shines, and in our latest episode, my co-host Ian Weiner and I, Todd Whatley, share the transformative strategies that can turn any legal practice into a beacon of financial success. With our combined experience coaching attorneys, we're revealing how building a rock-solid team and mastering the art of outsourcing can free you up to tackle those high-stakes legal maneuvers that truly matter.Join us on a journey with a...2024-03-2123 minThe Lawyer's Money ShowEp. 5 Ensuring Prosperity for Attorneys: Understanding Tax Reforms and Retirement OptionsAs tax laws shift and the financial landscape for legal professionals becomes increasingly complex, my co-host Ian Weiner and I tackle the tough questions that keep attorneys up at night. Will the sunsetting of the Tax Cuts and Jobs Act provisions catch you off guard? Could changes to IRA distributions under the Secure Act derail your retirement plans? Our latest episode dissects the implications of the State of the Union address, guiding attorneys through a labyrinth of tax considerations to safeguard their wealth and secure a prosperous future.Navigating the treacherous waters of Roth conversions requires more...2024-03-1031 minThe Lawyer's Money ShowEp. 4 Protecting Your Law Firm's Future: The Essential Role of Life Insurance in Financial PlanningImagine the consequences of a sudden twist of fate for a law firm owner. It's a scenario Todd Whatley and Ian Weiner, unpack with unflinching honesty: the imperative need for life insurance in your financial armor. Our candid exchange goes beyond the basics, pulling back the curtain on why your legal practice should be treated as a valuable asset, one that demands protection through meticulous life insurance planning. We share from our trove of personal experiences to help you recognize and avoid the common oversights that could jeopardize the future you're working hard to build.As we...2024-03-1021 minThe Lawyer's Money ShowEp 2. Mastering Financial Strategies for Legal Professionals: Building Firm Finances and Personal WealthJoin my co-host Todd Wattley and me, Ian Weiner, as we unravel the financial intricacies often mishandled in the legal profession. If you've ever found yourself scrambling at tax time or wondering if your wealth management strategy is actually working, this episode of the Lawyer's Money Show is your lifeline. Together, we dissect the crucial steps for building sustainable firm finances and personal wealth, all while sharing stories that bring home the reality of what happens when these aspects are neglected. Experience the clarity that comes from our conversation on the importance of process, and let us guide you...2024-03-1026 minThe Lawyer's Money ShowEp 3. Non-Lawyers Purchasing Practices: How to Increase Your Law Firm's Value and Strategize for a Profitable ExitUnlock the secrets to transforming your law firm into a lucrative legacy! Todd Whatley joins us to dissect the seismic shifts that regulatory changes in Arizona and Utah are causing in the legal industry. We're talking about a whole new ball game for attorneys who have traditionally been in it for the long haul, with an eye towards retirement that often didn't include cashing in on their practice. But now, the landscape is changing, and we're here to guide you through the maze of maximizing your firm's value, strategizing your exit, and even attracting the keen interest of private...2024-03-1027 minThe Lawyer's Money ShowEp. 1 Who We Are and Why are We Doing This? WelcomeAs attorneys, we often overlook the financial intricacies of our own lives while zealously guarding the interests of our clients. That's where Todd Whatley and Ian Weiner step in on the Lawyer's Money Show, providing an essential roadmap to financial mastery for legal eagles. We blend our wealth of legal and financial acumen to navigate through the maze of financial planning and business optimization, ensuring you are as skilled in building your personal fortune as you are in constructing a winning case. We promise that by the end of our discussion, you'll have the tools to manage both a...2024-03-1018 minWealth For GenerationsYou have a Trust. Great! Is it exactly what you want (or needed)?Discover the secrets to crafting a legacy that withstands the test of time, as we sit down with Todd Whatley, a certified elder law attorney, and Ian Weiner, a certified financial planner, who unveil the intricate layers of trust planning. It's not just about creating a trust; it's about sculpting an estate plan that genuinely matches your personal narrative. Todd challenges the cookie-cutter mentality and shares why a trust isn't always the silver bullet for everyone. We dissect the myths and reveal how a well-structured trust can serve as a fortress, protecting your beneficiaries from life's unpredictable trials, such...2024-03-0929 minWealth For GenerationsThe Conversation that Never Happens. We have it.Unlock the full potential of your legacy with the expert guidance of elder law attorney Todd Whatley and certified financial planner Ian Weiner. Together, they unravel the intricacies of wealth management across generations, blending legal know-how with financial expertise to protect your assets and ensure your loved ones thrive long into the future. This episode is a treasure trove of strategic insights, from understanding the 'use by date' on each dollar to navigating the often-misunderstood realm of annuities and phantom taxation.If you've ever wondered how to balance the preservation of wealth with the need for steady...2024-03-0929 minWealth For GenerationsNavigating Estate Planning: How to Protect Your Wealth with Trusts and Asset Preservation StrategiesDiscover the safeguards for your hard-earned assets with expert guidance from certified elder law attorney Todd Whatley and certified financial planner Ian Weiner. Prepare to fortify your family's future as we unravel the complex world of irrevocable trusts and the strategies you need to protect your wealth from Medicaid claims. We're not just scratching the surface; we're providing a roadmap for the prudent management of your estate, ensuring you're well-equipped with knowledge that can withstand the test of time and unforeseen circumstances.Embark on a journey of financial wisdom as Todd and Ian demystify the intricacies of...2024-03-0930 min