Below are links to MP3 podcasts of our weekly radio show, Wealth Preservation and You, broadcast on KDOW 1220 AM every Saturday at 12 noon.
Click a link to listen (or you can right-click to download MP3 audio file).
- Starting a New Business; The Nanny Issue – Payroll Taxes for Household Employees; A-B Trusts (July 7, 2012| one file | 64.27 MB total)
- Homeowners Associations Foreclosing for Back Dues; Starting a New Business; Family Gifting (June 30, 2012| one file | 64.45 MB total)
- Probate Codes in Foreign Countries; Tax Deductions for Business Trip/Family Vacation; FBAR Filing Deadline (June 16, 2012| one file | 72.91 MB total)
- CPA as Trustee for Client; June 30 FBAR Deadline & BVI Corporations (June 9, 2012| one file | 72.49 MB total)
- Real Estate Property Transfers In California: Reasons, Methods and Issues (June 2, 2012| one file | 61.62 MB total)
- Professional Tax Advisers & Acceptable Opinions; Underwater Homes & Mortgage Relief (May 26, 2012| five files | 82.94 MB total)
- Tax and Estate Planning: Private Foundations, Business Expense Deductions, Deed Tenancy, Foreign Assets (May 19, 2012| one file | 41.88 MB total)
- Tax Planning for Next Year; Digital Assets; Loan Modification & Deed-in-Lieu Programs; Trusts & Tustees (May 5, 2012| one file | 62.12 MB total)
- Do You Need a Tax Attorney When You are Audited by IRS or When You Start a New Business? (Apr. 21, 2012| one file | 59.59 MB total)
- Digital Assets in Estate Planning; Mortgage Crisis Scams; Loan Modification & Other Mortgage Workouts (Apr. 14, 2012| one file | 41.46 MB total)
- Gifts For Your Children: Selling or Transferring Property To Your Kids (Plus a Few Tax-Time Tips) (Apr. 7, 2012| one file | 72.51 MB total)
- Trust Provisions: A-B Trust vs. A Trust; College Planning: How to Fund Higher Education (Mar. 31, 2012| one file | 75.93 MB total)
- Podcast – March 17, 2012 (Mar. 17, 2012| one file | 21.16 MB total)
- Whitney Update; IRS Publishes “Fresh New Start”; California Residency; LLC Tips; and More (Mar. 10, 2012| one file | 21.15 MB total)
- Celebrity Estates with High Net Worth and Complex Family Structures; The Competency Issue (Mar. 3, 2012| one file | 21.15 MB total)
- Estate Planning for Special Assets: Family Business, Out of State Assets, Companion Animals (Feb. 25, 2012| one file | 48.34 MB total)
- Set Up a Trust as Part of Your Estate Plan for Smooth Transfer of Property When the Inevitable Occurs (Feb. 18, 2012| one file | 48.32 MB total)
- Community Property vs. Separate Property in California: Why the Facebook IPO Makes This Topic Relevant (Feb. 11, 2012| one file | 72.35 MB total)
- Timely Tax-Filing Topics: Divorce, 1099 Forms, Brokerage Accounts, Elder Abuse (Feb. 4, 2012| one file | 48.34 MB total)
- What To Do With Your Underwater House: Options Include Loan Modification, HARP Program, Short Sale, Foreclosure (Jan. 21, 2012| one file | 51.94 MB total)
- How to Select a Good Tax Preparer to Help You File Your 2012 Tax Return (Jan. 14, 2012| one file | 21.68 MB total)
- Living Trust And Estate Tax Laws May Change. Will Your Estate Plan Still Be Appropriate? (Jan. 7, 2012| one file | 49.04 MB total)
- Q&A: Misc. Emails and Phone Calls (Dec. 17, 2011| 52MB total | First 1:18 of audio file is blank.)
- Asset Protection (Dec. 10, 2011| one file | 51 MB total)
- How to Handle Troubled Real Estate in Your Portfolio and Estate Plan (October 29, 2011| five (5) files | 66 MB total)
- Troubled Real Estate in Portfolio / Estate Plan – Segment 1 (17.99 MB)
- Troubled Real Estate in Portfolio / Estate Plan – Segment 2 (13.22 MB)
- Troubled Real Estate in Portfolio / Estate Plan – Segment 3 (16.06 MB)
- Troubled Real Estate in Portfolio / Estate Plan – Segment 4 (12.98 MB)
- Troubled Real Estate in Portfolio / Estate Plan – Segment 5 (5.40 MB)
- How to Fit Pets into Your Estate Plan (October 22, 2011| five (5) files | 38 MB total)
- Pets and Your Estate Plan – Segment 1 (14.78 MB)
- Pets and Your Estate Plan – Segment 2 (13.81 MB)
- Pets and Your Estate Plan – Segment 3 Unavailable
- Pets and Your Estate Plan – Segment 4 (1.46 MB)
- Pets and Your Estate Plan – Segment 5 (6.73 MB)
- A-B Trusts: How They Affect Taxes and Estate Plans
(October 15, 2011| five (5) files | 66 MB total)- A-B Trusts and Taxes – Segment 1 (14.27 MB)
- A-B Trusts and Taxes – Segment 2 (16.47 MB)
- A-B Trusts and Taxes – Segment 3 (13.64 MB)
- A-B Trusts and Taxes – Segment 4 (16.54 MB)
- A-B Trusts and Taxes – Segment 5 (7.61 MB)
- Trustees: How to Find & Appoint, Their Roles, Executing an Estate Plan
(October 1, 2011| five (5) files | 66 MB total)- Estate Plan Trustees – Segment 1 (13.54 MB)
- Estate Plan Trustees – Segment 2 (16.61 MB)
- Estate Plan Trustees – Segment 3 (13.66 MB)
- Estate Plan Trustees – Segment 4 (14.72 MB)
- Estate Plan Trustees – Segment 5 (6.85 MB)
- Revocable Trusts vs. Irrevocable Trusts: How to Get Out of a Bad Trust
(September 24, 2011| five (5) files | 69 MB total)- Revocable Trusts vs. Irrevocable Trusts – Segment 1 (17.33 MB)
- Revocable Trusts vs. Irrevocable Trusts – Segment 2 (16.13 MB)
- Revocable Trusts vs. Irrevocable Trusts – Segment 3 (14.49 MB)
- Revocable Trusts vs. Irrevocable Trusts – Segment 4 (17.35 MB)
- Revocable Trusts vs. Irrevocable Trusts – Segment 5 (3.50 MB)
- Probate, Estate Tax Laws, and You
(September 17, 2011| five (5) files | 21 MB total)- Probate and Estate Taxes – Segment 1 (4.50 MB)
- Probate and Estate Taxes – Segment 2 (5.23 MB)
- Probate and Estate Taxes – Segment 3 (4.48 MB)
- Probate and Estate Taxes – Segment 4 (4.56 MB)
- Probate and Estate Taxes – Segment 5 (2.21 MB)
- Trusts, Taxes, and Estate Planning
(September 17, 2011| five (5) files | 21 MB total)- Trusts & Taxes – Segment 1 (12.39 MB)
- Trusts & Taxes – Segment 2 (17.89 MB)
- Trusts & Taxes – Segment 3 (14.52 MB)
- Trusts & Taxes – Segment 4 (13.62 MB)
- Trusts & Taxes – Segment 5 (8.06 MB)
My son ahd my daughter are beneficiaries of my living trust. Can my son also be the Administrator
of the assets, I plan to have the assets distributed over a period of 10 years. During the 10 years I will instruct the Administrator to invest the estate money, including proceeds from selling all the rest of my assets to be put into a seperate account. The administrator will invest the account money in FDIC certificates such as there will be enough cash to distribute once a year by my son (both beneficiary and administrator). He would be responsible to file income tax each year until all the money is distributed. The reason I want to do this is because my daughter recently re-married the second time, to a man that now is his third marraige. That way she won’t get her portion of the money all at once in case they would spend the money and waste it.
Dave