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Education

Smart Planning 101

Updated 7 days ago

Education
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Smart Planning 101 Podcast ... shedding light on intelligent estate planning, strategic financial decision-making, health care options, and more. Host Nicole Wipp's mission is to educate and inspire people to make better estate, financial, health and business planning choices through knowledge, tools, and specific tactics that ensure a more secure future. Death planning, life planning, long term care planning, business planning, financial.Learn about helping loved ones or aging parents legally and financially when a healthcare crisis, including the need for nursing homes, occur. Pre-plan your future to mitigate or eliminate the stress involved in times of health care crisis or just simply due to aging.

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Smart Planning 101 Podcast ... shedding light on intelligent estate planning, strategic financial decision-making, health care options, and more. Host Nicole Wipp's mission is to educate and inspire people to make better estate, financial, health and business planning choices through knowledge, tools, and specific tactics that ensure a more secure future. Death planning, life planning, long term care planning, business planning, financial.Learn about helping loved ones or aging parents legally and financially when a healthcare crisis, including the need for nursing homes, occur. Pre-plan your future to mitigate or eliminate the stress involved in times of health care crisis or just simply due to aging.

iTunes Ratings

56 Ratings
Average Ratings
44
6
2
1
3

Excellent show

By bstabs - Aug 22 2014
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Nicole, you make my 1 hour commute fly by. Thanks for a great show.

Love this topic…love this host!

By EOFire.com - Jun 27 2014
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Nicole rocks it on this podcast, and I am stoked for the many more to come! John Lee Dumas

iTunes Ratings

56 Ratings
Average Ratings
44
6
2
1
3

Excellent show

By bstabs - Aug 22 2014
Read more
Nicole, you make my 1 hour commute fly by. Thanks for a great show.

Love this topic…love this host!

By EOFire.com - Jun 27 2014
Read more
Nicole rocks it on this podcast, and I am stoked for the many more to come! John Lee Dumas
Cover image of Smart Planning 101

Smart Planning 101

Latest release on Nov 29, 2015

The Best Episodes Ranked Using User Listens

Updated by OwlTail 7 days ago

Rank #1: 011 Wills: What You Think You Know (5 Crucial Facts You Probably Don’t)

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Even though wills are one of the, if not the, most familiar legal document there is, the fact of the matter is, most people don’t really understand how they work.

Unfortunately, wrong information gets perpetuated by the talking heads of conventional wisdom…and bad decisions are made as a result. Is a will right for you? Are you sure?

This episode is about getting rid of some of these misconceptions. I (Nicole) talk about 5 of the most common things people don't know about wills, and why they are crucial to smart planning.

WHAT YOU WILL LEARN IN THIS EPISODE:

-Why a will is your ticket into probate court
-How wills create a perfect situation for predators that may be interested in what you're leaving behind (no privacy for your loved ones!)
-Why what your will says is often not what actually happens
-How wills are of limited use - and don't do anything for you during life
-How the ultimate cost of a will is much higher that you probably realize

Read show notes, get our free report: www.SmartPlanning101.com/11

Jun 01 2014

13mins

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Rank #2: 023 Revocable Living Trusts (Part 1) with Nicole Wipp

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How do revocable living trusts work? In this episode, host Nicole Wipp discusses what a "RLT" is and the importance of "funding your trust" - a commonly missed step.

You will learn:
-What the primary purposes of revocable living trusts are
-What a revocable living trust does NOT do for you
-Common misunderstandings as to how this trust works
-What trust funding is and why it is critically important

In Part 2, Nicole will discuss some of the options you may want to consider with revocable living trusts - options that are frequently missed. Stay tuned!

To read the show notes for this episode, visit: www.SmartPlanning101.com/23

Jun 24 2014

15mins

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Rank #3: 001 Smart Planning 101 Podcast - Introduction

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What is the Smart Planning 101 Podcast all about? In this short episode, host Nicole Wipp discusses why she started this podcast, what you can expect, and the importance of Smart Planning!

May 16 2014

4mins

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Rank #4: 015 The 5 Things Adult Children Of Aging Parents Need To Know NOW (Part 1)

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In this five part series, Nicole and Audrey Ehrhardt, the Office Management Director of the national elder law organization ElderCounsel, discuss the FIVE THINGS adult children of aging parents need to know...now.

Planning for the future is essential, especially today with longevity increasing, modern medicine playing a significant role in our living with disability, and longer times of living in retirement. Understanding how these issues play into our parent's lives will enable us to make better decisions later, with less stress.

Part 1 (Episode 15): The Cost of Long Term Care is Rising (And Why It Matters to You)
--Audrey gives some facts and figures about how many people this affects, and how expensive it really is. You may be shocked to learn these details! Nicole and Audrey also put this into a practical perspective for adult children, so they can see how it relates to them and their parents.
Part 2 (Episode 16): Basic Estate Planning Isn't Enough (Wills, Revocable Living Trusts, and Your Garden-Variety Powers of Attorney Just Aren't Going to Cut It)
--Audrey and Nicole discuss the fact that people THINK they've "gotten it all taken care of" - this episode explores the reasons why this is a dangerous assumption, and some of the things you should do about it.
Part 3 (Episode 17): Options for Long Term Care (Knowing Now Can Make All The Difference)
--Here, we discuss the many different types of long term care and how to access them. Point being, it is MUCH better to know in advance, and not when your loved one has a healthcare crisis!
Part Four (Episode 18): The Legal Responsibilities An Adult Child May Be Asked To Take On For An Aging Parent (Understand What You Are Getting Into!)
--Audrey and I talk about the different types of scenarios that make legal decision making necessary for an adult child; how having proper documents affects this; why you may, as an adult child, need advice not only for your parent's sake, but also for your own.
Part Five: The Pre-Planning Options That Your Aging Parent Needed Yesterday
--This topic somewhat revisits the concept that "basic estate planning isn't enough" but also addresses the specific types of advanced planning that can make a difference in protecting assets and the ones you love.

To read the show notes from this episode, visit www.SmartPlanning101.com/15

Jun 08 2014

22mins

Play

Rank #5: 021 Irrevocable Trusts (Part 2) with David Zumpano

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Irrevocable trusts, traditionally, are estate tax planning devices. Very few Americans in 2014 need estate tax planning, however - less than 2%. Why, then, would you want an irrevocable trust?

This series, including part 1 at www.SmartPlanning101.com/20, focuses on a new type of irrevocable trust known as the irrevocable pure grantor trust. In this episode, David Zumpano, a nationally recognized expert on asset protection and elder law planning (also a CPA & attorney) discusses this irrevocable trust, who it is for, and why you may want one.

Read the show notes and learn more: www.SmartPlanning101.com/21

Jun 19 2014

30mins

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Rank #6: 020 Irrevocable Pure Grantor Trusts With David Zumpano (Part 1)

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...How Using An IPug (TM) Trust Is Like Putting Your Money in A Safe

What is an Irrevocable Pure Grantor Trust, and why would you want one?

In Part 1 of this 2-part series, national asset protection & elder law specialist/CPA/Attorney David J. Zumpano, co-Founder of Lawyers With Purpose LLC, explains the history of trusts, how they work, and why they work, based on the common law of the United States.

In Part 2, Dave further explains how the trust actually works, who it is appropriate for, and how an irrevocable pure grantor trust fits in to a complete estate plan.

To read the show notes, visit www.SmartPlanning101.com/20

Jun 17 2014

27mins

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Rank #7: 022 Financial & Retirement Planning Lies With Kim Butler

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Conventional wisdom related to financial and retirement planning can lead to poor -or even devastating- financial results. What does this mean? What are you being told that is leading you down the wrong path? How can we start to think about our financial future in a way that leads to the best results?

Guest Kim Butler, the founder of Partners for Prosperity and The Prosperity Economics Movement (as well as being a coach for the elite entrepreneur coaching organization, Strategic Coach), discusses all in this episode.

In this episode, you will learn:
1. “Why the idea of retirement is fundamentally flawed;”
2. “The whole truth about 401(k)s – why you’ll keep less than you think;” and
3. “How financial planners skew projections, creating false expectations”
To read the show notes, learn more about Kim, find out about the Prosperity Economics Movement and Kim's books, visit: www.SmartPlanning101.com/22

Jun 22 2014

32mins

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Rank #8: 016: Why Basic Estate Planning Isn't Enough (Part 2 - Adult Children, Aging Parents)

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In this episode, Audrey Ehrhardt from ElderCounsel and I discuss the fact that people THINK they’ve “gotten it all taken care of” – but we explore the reasons why this is a dangerous assumption, and some of the things you should do about it.
-A Will Isn't Enough (And Neither is A Revocable Living Trust)
-Your Financial Power of Attorney Needs Review

Read the Show Notes, or Learn More About This Episode: www.SmartPlanning101.com/16
Part 1: www.SmartPlanning101.com/15 Episode 15: The Cost of Long Term Care is Rising (And Why It Matters to You)

–Audrey gives some facts and figures about how many people this affects, and how expensive it really is. You may be shocked to learn these details! We also put this into a practical perspective for adult children, so you can see how it relates to you and your parents.

I also discuss the frequently discussed statement, “I’m never going to a nursing home – so don’t even discuss it with me,” and why we can’t let that statement hinder reality; Audrey illustrates how a long term care insurance policy may not give you the relief you believe it will; and more.
Part 3 (Episode 17): Options for Long Term Care (Knowing Now Can Make All The Difference)

–Here, we discuss the many different types of long term care and how to access them. Point being, it is MUCH better to know in advance, and not when your loved one has a healthcare crisis!

Part Four (Episode 18): The Legal Responsibilities An Adult Child May Be Asked To Take On For An Aging Parent (Understand What You Are Getting Into!)

–Audrey and I talk about the different types of scenarios that make legal decision making necessary for an adult child; how having proper documents affects this; why you may, as an adult child, need advice not only for your parent’s sake, but also for your own.

Part Five: The Pre-Planning Options That Your Aging Parent Needed Yesterday

–This topic somewhat revisits the concept that “basic estate planning isn’t enough” but also addresses the specific types of advanced planning that can make a difference in protecting assets and the ones you love.

Jun 09 2014

20mins

Play

Rank #9: 004 Smart Planning in Divorce - What, Why, How

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Nicole gives advice to anyone contemplating divorce about keeping your head on straight, planning for the rest of your life, understanding what divorce DOESN'T do for you, who you need on your team, and more.

May 08 2014

19mins

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Rank #10: 005 Business Exit Planning | 10 Common Threads | Bill Black ExitCoachRadio.com

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Bill Black from ExitCoachRadio.com shares the "10 Common Threads of Business Exit Planning" with Nicole; how and why exit planning for business owners is crucial (especially business owners over the age of 50) and how you can maximize your exit by ensuring a smooth, hassle-free, and most importantly LUCRATIVE exit strategy!

May 17 2014

29mins

Play