Absolute Trust Talk

Absolute Trust Talk is your navigational compass that brings together the business of trusts, estate planning, and aging – your homebase to find the knowledge you’re seeking on what lies ahead. With over 30 years of experience combined, the Absolute Trust Counsel team has seen their fair share of clients confused and overwhelmed with the complexity of estate planning and the challenges and obstacles that life can throw your way. On a mission to take the vast team expertise and experience to a new level, Absolute Trust Talk hosts, Kirsten Howe and Madison Gunn, bring a thought-provoking, approachable, friendly voice to a wide variety of life and legacy planning topics. Through this series of podcasts, the Absolute Trust Talk team will connect with like-minded business professionals, industry leaders, and luminaries to spotlight how listeners can make educated and informed lifestyle and planning decisions. Living your best, quality life while preparing for the future doesn’t have to be stressful or hard, but it does have to be smart.

129: Estate Planning Strategies to Reduce Family Conflict After Death 04/16/2024

128: Revocable or Irrevocable Trust: Which is Right for Me? 04/08/2024

127: Understanding Multigenerational Estate Planning Part 2 04/01/2024

127: Understanding Multigenerational Estate Planning Part 2 Welcome back! In our last episode of Absolute Trust Talk, we were joined by expert psychotherapist and certified coach Tess Brigham, MFT, BCC, to discuss the differences between generations and, more specifically, examine the unique dynamics between Baby Boomer parents and Millennial children. In this episode, we continue our conversation with Tess, focusing on the interactions between Gen X parents and Gen Z children. These two generations are very interesting as Gen Xers were heavily influenced by events like the Persian Gulf War, the women’s movement, and high divorce rates. As Tess points out, this generation is a very “figure it out on your own” group. Whereas Gen Zers are true digital natives and have no real concept of life before technology. We hope you will listen in as we talk about how these generations’ unique experiences shaped their approach to estate planning. Plus, we share some special insights from real client stories! Time-stamped Show Notes: 0:00 Introduction 1:19 To kick off the episode, Tess gives us a little background refresher on what types of events and movements had an impact on these two generations. 7:30 One way the younger generations differ from the older ones, in terms of estate planning, is how they consider the possibility of divorce and whether they want to burden their children with responsibility. Listen in to learn more! 10:55 We’re likely all familiar with the stereotype that the oldest daughter always gets the responsibility of taking care of her parents, but will this continue with the newer generations? 14:05 At the end of the day, women are biologically and evolutionarily designed to care for family, so perhaps we won’t see a change in the oldest-daughter-caretaker stereotype after all. Only time will tell! 15:29 As we wrap up the show, we highlight why it’s important to analyze how these heavy conversations play out among generations. /episode/index/show/absolutetrusttalk/id/30621693

126: Understanding Multigenerational Estate Planning Part 1 03/25/2024

126: Understanding Multigenerational Estate Planning Part 1 The battle between the generations is real and seems to be everywhere. Yes, generational divides even play a role in estate planning. In fact, estate plans nowadays are built around more diverse and multigenerational families than ever before. In this new episode of Absolute Trust Talk, we are joined by psychotherapist and certified coach Tess Brigham, MFT, BCC. Tess specializes in helping young adults discover their unique life path to enter the world and make an impact. Join us as we discuss how the generations are defined, what makes each one unique, and how these factors influence estate planning. Time-stamped Show Notes: 0:00 Introduction 1:18 Please join us in welcoming expert psychotherapist, certified coach, author, and public speaker Tess Brigham! 3:26 To begin our discussion, Tess lays a foundation by defining the various generations, starting with the Silent Generation. 4:58 Next, we discuss the Baby Boomers, who currently make up about 20-25% of our population. 5:53 Gen X: Raised on hose water and neglect, those born between 1965 and 1980. 6:57 Millennials have gotten a lot of negative attention, so we’re digging in to get a deeper understanding. 10:51 Finally, listen in to find out what makes Gen Z so different from the rest. 12:28 Here, we discuss some of the main things that determine generational differences. These include world events, parenting styles, research, and the environment. 19:25 Did you know that generational differences have a fairly large impact on estate planning? Listen in to learn more, especially regarding living situations. 28:14 In this episode, we delve into important details about the impact of different generations' upbringings and how they influence certain estate planning decisions. We’re just getting started! Thank you, Tess. We can’t wait to continue our discussion with you in Understanding Multigenerational Estate Planning Part 2! /episode/index/show/absolutetrusttalk/id/30535018

125: Cher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance Abuse 03/12/2024

124: Beach Boys Founder Brian Wilson Suffering from Dementia as Reps Seek Conservatorship 03/05/2024

122: The Costly Truth of Ignoring Estate Planning Like Jay Leno 02/21/2024

123: Why Can't I Change My Trust After My Spouse Passes Away? 02/21/2024

123: Why Can't I Change My Trust After My Spouse Passes Away? At Absolute Trust Counsel, one of the pieces of advice we like to shout from the roof tops is that people need to keep their estate plans up to date! We constantly find people who fail to do so. In many cases, we can fix the challenges that arise, but sometimes, it may not be possible, and we must navigate a more difficult path. In this specific episode, we are going to focus on AB Trusts and the issues that typically arise. It happens more than you might think - often, when a spouse dies, the widow(er) later finds out their joint trust is set up in a way that requires them to split the trust in two. This type of trust, which we call an AB Trust, was the standard practice until 2013, and it was used to avoid the need to pay estate taxes, which worked out perfectly. However, when the government gave us portability, things changed. When we uncover AB Trusts, it tends to mean that the client will spend A LOT of extra time and money managing the split and maintaining the additional trust moving forward. So, if you’re a married couple out there who had your estate plan written before 2013, we’re talking to you! It’s time to get your estate plan out, take it to an attorney, and make sure it still works for you! And, if you’re a widow or widower who hasn’t met with an attorney yet, we highly recommend you do so now to ensure you’re not behind on taking specific actions. “It's always better to pay your lawyer to do a plan than to pay them to fix a failure to plan afterward. Fixing is always more expensive.” In this episode of Absolute Trust Talk, Kirsten and Madison share everything you need to know about AB Trusts, including: The deeper complexities of AB Trusts, such as how they work and why we have them in the first place, Your options if you find out you have an AB Trust after your spouse passes, What filing a petition for modification of your trust looks like, Why petitioning the court doesn’t always work, depending on your heirs, The importance of talking to your attorney and keeping your trust up to date And much more! Whether you’re just beginning to dip your toe into estate planning, are considering updating your trust, or have recently found out you’re stuck with an AB Trust, this podcast is for you. No matter where you are in your journey, knowledge gives you the power to take control of your assets and helps protect your family in the future. So don’t miss out! Tune in for the ultimate estate planning advice NOW! /episode/index/show/absolutetrusttalk/id/30049558

121: What Happens When a Trustee, Executor or Beneficiary Dies? 01/29/2024

121: What Happens When a Trustee, Executor or Beneficiary Dies? If you’ve been following along with our show, you know that we can’t stress enough the importance of estate planning and setting up a trust to make things simple, cost-effective, and less time-consuming for your heirs. But even with the most comprehensive and well-thought-out estate plan, wrinkles can be thrown into the plan. It’s a lot of information for all parties involved to consume, and there are many moving parts. One curveball we’ve seen a few times before is a beneficiary, trustee, or executor dying before the will or trust is enacted. Everyone tuning in to this podcast has probably given at least some thought as to who their assets and possessions will go to when they’re gone. But what if that person also passes? Who gets the money then? Being as transparent as possible in your estate planning documents is critical. If you haven’t revisited them in a while to answer these types of questions, take this episode popping up in front of you as your sign! And, if you don’t have a plan, there’s no time like the present to get started. “The takeaway is to be as clear as possible in your estate planning documents. Make sure you have a few people listed as successor trustees or executors if that’s something you haven’t thought of before. I recommend having someone listed who will name a fiduciary later.” In this episode of Absolute Trust Talk, Kirsten and Madison are diving into details, discussing what needs to be done to get a case back on track and, most importantly, what you can do now to help ensure your trust administration is a smooth process should this happen to your family or loved ones. Together, we will discuss: How the results and process are different depending on whether it’s a beneficiary, trustee, or executor who dies, Specific details that may alter how the situation is handled, such as whether the deceased beneficiary was single or married, How to prevent complications such as repeat probate processes, Why your estate plan isn’t something you just set and forget, and why it should be as detailed as possible, And much more. If you have difficulty understanding the ins and outs of the estate planning world, and more specifically, trust administration, you’re not the only one. And you don’t have to go at it alone either! So sit back and listen as we cover common and uncommon scenarios regarding a beneficiary, trustee, or executor passing away. You don’t want to miss out! /episode/index/show/absolutetrusttalk/id/29706923

120: Solutions to Common Real Estate Issues 12/21/2023

120: Solutions to Common Real Estate Issues Have you ever had a pesky neighbor encroaching on your land? Or perhaps they have decided to put a cell tower in that directly blocks the beautiful view that you bought your property for in the first place? Or maybe you’ve recently inherited the family home but share it with your siblings and cannot agree on what to do with it. How do you resolve these types of challenges? Do you have a friendly conversation? Do you engage a lawyer and go to court? In this podcast episode, we sit down with Steven Kahn, a civil litigation attorney who focuses on real estate and business disputes involving real estate. He is a partner at Hoge Fenton, has been a Northern California Super Lawyer four years in a row, and has been a Northern California Super Lawyer Rising Star for five years. With his accolades and over nineteen years of experience in trials, arbitrations, and problem-solving, Steven is the perfect candidate to share his insights on various real estate issues. “When you bought your house, you probably got a title insurance policy, and it probably has something attached to it called an assessor’s parcel map that looks like a map of your neighborhood, but it doesn’t actually show where your boundaries are. It was created by the taxing authority to have a general idea of how big the land is.” So, join us in our 120th episode of Absolute Trust Talk as we discuss: How to divide up real estate that has been inherited by more than one beneficiary The ins and outs regarding boundary disputes What court proceedings for real estate issues may look like – depending on the case Discussions on the recent Mount Diablo dispute What you can do if a neighbor blocks your view from your property The difference between adverse possession and prescriptive easements And much more! There’s nothing quite like a real estate or land dispute to ruin neighbor or familial relationships. A little effort and communication can go a long way to finding the right solution, but we know some situations can escalate quickly, and a lawyer like Steven is needed to help keep the peace and navigate the law. If you or someone you know is facing a real estate or property legal challenge, we hope this episode will help you take the necessary next steps to resolve your issue correctly. /episode/index/show/absolutetrusttalk/id/29183353

119: Understanding the Basics of Probate Accounting 12/04/2023

119: Understanding the Basics of Probate Accounting If you’re someone who is serving in the role of trustee, executor, conservator, or guardian, acting as a personal representative for someone’s estate in California, did you know that the state has specific guidelines for probate accounting? According to section 16062, the California probate code requires representatives to provide an accounting at least once a year. The purpose is usually two-fold: to show beneficiaries what assets exist, how they’ve been handled, how much is left to be divided up, and to show the individual in control of the money is doing their job. “Unlike giving a few specific documents to your CPA to prepare for a tax return, we need everything - every transaction that happens within a trust estate or conservatorship. It’s a lot of information.” The problem is that most people whose names are tasked with the role of trustee or conservator have no idea how to prepare this type of formal accounting. Even for those confident in their accounting skills, the process is technical, tedious, and can be wrought with many opportunities for mistakes. The good news is you don’t have to do it alone. There are professionals who do complete probate code-compliant accounting for a living. One of these professionals, Heather Hamilton, founder of Fiduciary Accounting Services, LLC (FAS), is joining us on this episode of Absolute Trust Talk. Heather holds a bachelor’s degree in finance from California State University, Chico, and worked in commercial banking for 15 years before founding FAS in 2007. The goal of this company was to focus purely on fiduciary accounting, making this expert service more available and taking the load off the shoulders of others. Since then, FAS has grown to be the largest provider of accounting for trusts, estates, and conservatorships in California, focusing entirely on fiduciary accounting. Join us as we discuss: The particular challenges that come with fiduciary accounting, both for the accountants and the clients Why you may need a fiduciary accounting in the first place What is required for this type of accounting Tips and advice on how to ensure a smooth accounting process And much more! Whether you need formal probate-compliant accounting now or you’re preparing for the future, this episode will help you understand what to expect and how to prepare and even show you what to avoid. So, find a cozy spot, and let’s get started! /episode/index/show/absolutetrusttalk/id/28925708

118: Do You Need an Estate Plan for Your Furry or Feathered Family Members? 11/07/2023

118: Do You Need an Estate Plan for Your Furry or Feathered Family Members? You’ve probably heard stories of celebrities leaving their fortunes to their beloved pooches and thought, “How silly!” Sure, it’s unlikely that an animal needs millions of dollars - after all, what will they do with it? But if you’re a pet person, have you stopped to consider what will happen to your sidekick after you’re gone? People don’t think about how long animals can live. Dogs can live anywhere from 8-16 years, and cats from 12-18. And those are your household four-legged friends. What about fish and birds? Koi fish live anywhere from 25-35 years, and parrots can live up to 50 or 65 years – who knew?! Don’t forget there are lizards, turtles, snakes, and even horses that could outlive you. “Estate planning for your pets is important for several reasons. The first, of course, is that you love your pets like a child, and you worry about what will happen to them when you’re gone.” If an owner does pass, often, the pet is left out of the picture, and a family member gets stuck with the burden of caring for them on their own, facing vet bills, grooming expenses, daily care, and more. Even worse than leaving a loved one with the responsibility is your poor puppy ending up at the pound. Fortunately, a little bit of planning goes a long way to ensure your pet friends get the quality of care they deserve. It can be as simple as researching rescues, having a conversation with the person you want to designate to ensure they are on board during your pet estate planning process, or setting up a pet trust. In this episode, Kirsten and Madison will talk more about, Why it’s essential to include all pets, from goldfish to horses, in your estate plan. The variety of options available to ensure quality pet care after you’re gone. Why it is important to include a financial incentive, maybe not millions, but enough to cover the needs of your pet. Fun stories of celebrities who made big plans for their pups. How to hold your pet caregiver accountable after you are gone. And much more! So, saddle up (if you’re estate planning for a horse, that is) because this episode has as much fun and enthusiasm as it does information and inspiration. It’s never too late to start planning, and listening in is a great way to start! /episode/index/show/absolutetrusttalk/id/28543139

117: Celebrity Estate Planning Lessons: Senator Dianne Feinstein 10/09/2023

116: What are the Life Stages of a Special Needs Person? 10/01/2023

116: What are the Life Stages of a Special Needs Person? You may have heard the sentiment that parenting is one of the most challenging yet most rewarding jobs there is. That is even more true when raising a child with special needs because they often come with unique challenges. It’s easy to quickly become overwhelmed mentally, emotionally, and even financially and physically at times. Your sense of normalcy may seem different from others around you, leading you to feel isolated and alone, unsure of what to do or where to turn. To help provide some answers, we sat down with Kerrie Lloyd, Vice President at Index Fund Advisors, author of Planning the Future for A Special Needs Child, and founder of Integrative Solution Services LLC, where she provides consulting and collaborative tools to the special needs community. Kerrie is also a Doctor of Natural Health, NhD, and earned her certification in Pivotal Response Therapy for Autism through the Koegel Autism Center at UC Santa Barbara (now at Stanford University). She also earned her Chartered Special Needs Consultant (ChSNC®)* designation in 2020 through The American College for Financial Services, a fully accredited institution by the Middle States Commission of Higher Education. Despite all the accolades, Kerrie’s most important job is as Adam’s mom. Adam was diagnosed with Autism and Deafness early on, and through her experiences with him, she has learned what it takes to raise and care for a special needs child. Kerrie noticed that special needs children go through a series of life stages, each marked by major events, such as diagnosis, the beginning of school, and the transition to adulthood. Having this knowledge makes it easier to prepare for each stage, eliminating the fear of the unknown for parents. Now that Kerrie is in the later stages with Adam, she has compiled her experiences and resources to share this insight and knowledge with others. In this episode of Absolute Trust Talk, we will discuss: The six stages of life for an individual with special needs. The key planning components and milestones that mark each of the stages. What the transitions from each phase look like. Important resources that are available and how to access them. The importance of obtaining legal help to ensure that parents understand their rights, know what they can ask for, and ensure that they aren’t missing any steps. And much more. It can be difficult to navigate life’s complexities with a special needs child, but you don’t have to go through it alone. Understanding these life stages can help you better understand your child, feel more prepared for each milestone, and even unlock enriching and fulfilling moments. /episode/index/show/absolutetrusttalk/id/28189916

115: How This Social Model of Care is Improving Quality of Life for Those with Dementia 08/22/2023

115: How This Social Model of Care is Improving Quality of Life for Those with Dementia So many of our clients here at Absolute Trust Counsel struggle with dementia. . That means there will be just as many, if not more, taking on the role of caregiver as well. Dementia patients and caretakers often suffer from isolation and loneliness, finding it difficult to enjoy life like they used to. Those with dementia gradually lose themselves, unable to participate in activities they love, and caretakers can struggle with the ongoing responsibilities. But this doesn’t have to be the case. Those living with dementia and their families can still find joy, meaning, and purpose thanks to a volunteer-driven social model of care known as Respite Ministry. In this episode of Absolute Trust Talk, we’re speaking with Daphne Johnston, Co-Founder and Executive Director of the Respite for All Foundation. Daphne has always been passionate about helping families impacted by dementia and Alzheimer’s. For over 15 years, she worked as an executive director in senior living administration before stepping into the non-profit world of the faith community in 2012 when her senior pastor, Dr. Lawson Bryan, asked her to develop a volunteer model to support families living with dementia. With the incredible initial success of the program hosted at her local church in Montgomery, Alabama, she joined care partner Warren Barrow to officially establish the Respite for All Foundation and reach more communities all over the US. Join us as we discuss: How the Respite for All Foundation got started and quickly grew, as well as their plans and goals for the future How the organization is taking a new approach to respite support through a social model of care The positive impact that Respite for All has, not only on caretakers and participants, but also on volunteers and the community as a whole What you need to start a Respite for All program in your area And more. If you’ve been diagnosed with dementia, or are a caretaker, it’s easy to feel alone and overwhelmed, especially when it comes to getting affairs in order. We’re here to help you, and we know that this episode will provide the hope and inspiration you need or maybe encourage you to start a Respite Community in your neighborhood. So, let’s dive in! /episode/index/show/absolutetrusttalk/id/27822489

114: This Long-Term Housing Solution is Changing the Way Adults with Special Needs Live 08/07/2023

114: This Long-Term Housing Solution is Changing the Way Adults with Special Needs Live The population of those with developmental disabilities is growing larger, and many in this group will need support of some kind for the rest of their lives. In most cases, this support comes from their parents, and every one of those parents worries about what will happen when they’re no longer able to provide that support. A 20-year study by the National Council on Severe Autism that concluded in 2020 and followed 187 people with autism in South Carolina revealed that For Sweetwater Spectrum’s founder, Mark Jackson, this quandary presented an especially personal challenge — a challenge that drove him to find a way to create a fulfilling and supportive living environment for those with developmental disabilities. His own son, now 32, had been diagnosed with autism years ago and was soon to age out of his private school. In January 2013, Mark and his partners opened Sweetwater Spectrum. This three-acre farm site supports developmentally disabled individuals in downtown Sonoma to accommodate 16 full-time residents — soon to expand to 20. In this episode of Absolute Trust Talk, Kirsten Howe speaks with Mark and Sweetwater Spectrum’s Executive Director, Olivia Vain. Olivia’s proven experience with directly managing programs focused on enriching the lives of those with autism was a great complement to Mark’s acquired logistical knowledge, and both offer interesting insight into creating a supportive community for those with developmental disabilities. Together, we’re going to discuss: How Sweetwater Spectrum addresses the individual needs of its residents. The ways in which Sweetwater Spectrum differs from other approaches to special needs housing and the benefits those differences provide for the families of its disabled residents. The specialized, real-world knowledge that both founder Mark Jackson and Executive Director Olivia Vain have acquired now affords them the ability to consult with other prospective specialized communities so that they don’t encounter the same pitfalls that they did. And much more. Unfortunately, parents are unlikely to outlive their children, which leaves a gaping void when even one parent dies. Coupled with the demands of caring for someone with autism full-time, support can often prove to be a lot for some families to handle. We hope this episode will give you insights to support the solution options available. /episode/index/show/absolutetrusttalk/id/27682866

113: How to Avoid a Chaotic “Casey Kasem” Estate Plan? 07/08/2023

113: How to Avoid a Chaotic “Casey Kasem” Estate Plan? Actor and radio personality Casey Kasem occupied a singular place in American popular culture. As he counted down the hits for the week via his show, American Top 40, he was also doing something else that was decidedly more important — providing a sense of consistency that we could all rely on. World affairs might rattle us, and the financial markets volatility might worry us, but regardless of what else was transpiring in the world, we could always count on Casey to entertain us with his one-of-a-kind voice, and all would still seem more or less normal. Unfortunately, the final chapter of Casey’s own life was anything but ordinary. In 2013, one of Casey’s daughters from his first marriage announced that he had been living with Parkinson’s for six years. However, the diagnosis was later changed to Lewy Body Dementia. Not long after, Casey’s three adult children assembled in front of his house to publicly complain that Jean Kasem — Casey’s wife of 30 years — was intentionally keeping them from their now-incapacitated father. Things only got more vitriolic and combative, with circumstances pitting Jean Kasem and her reckless and duplicitous behavior against Casey’s three older children. Join Kirsten Howe and associate attorney Madison Gunn as they examine the circumstances surrounding Casey Kasem’s much-publicized and most unusual passing. We’re not using the term “unusual” loosely here, as several aspects thoroughly separate this case from the estate planning disputes we often see. This conflict didn’t stem from haphazard estate planning, nor was money the source of discord for this blended family. This altercation was centered almost entirely on how Casey’s health care should be administered. Kirsten and Madison will also look at some new California healthcare legislation — Sections 4711 and 4712 of the California Probate Code and analyze what, if any, difference it might have made had it been in effect while Casey’s unfortunate saga was playing out. In this episode, we’re going to discuss: How even a well-thought-out, comprehensive health care directive and a court-appointed conservatorship can be rendered ineffectual when an involved party chooses to blatantly disregard them. Why doctors are inclined to seek authority to treat their incapacitated patients and not pursue the whereabouts of advance health care directives unless those documents are brought to their attention? Why proper communication is the most overlooked aspect of estate planning. Why Casey’s decision to list his daughter Kerri, and not his wife Jean, as his agent on his health care directive might have reflected his concerns about how Jean might handle such authority. And much more. Don’t miss this episode as we highlight some important legal wisdom that could have alleviated the conflict in this estate plan that you should be aware of for your own planning. /episode/index/show/absolutetrusttalk/id/27406716

112: How to Access the Right Education Plan for a Child with Disabilities? 06/10/2023

112: How to Access the Right Education Plan for a Child with Disabilities? Education can open many doors in life, but if you’re the parent of a special needs child, it may seem like those doors are not only closed but padlocked, leaving you and you alone to chart the educational course for your special needs child. Nearly a half-century ago, the Education for All Handicapped Children Act, which became the Individuals with Disabilities Education Act (IDEA), guarantees a free and appropriate public education for students with disabilities. Yet to this day, many parents and guardians of special needs children don’t know how to access the services at their disposal because of this Act, nor do they even realize they’re available. In this episode of Absolute Trust Talk, our guest will clear up some confusion surrounding this critical and complex topic. Kirsten Howe will speak with education consultant Kristen Sabo of National Care Advisors, who advocates for special needs children and connects them with the services they need to fully access their education — services guaranteed to them under federal law. Kristen has spent years working with school administrators, board members, families, and special needs students themselves, so she knows better than anyone just how impactful an effective educational team can be on the life of a child with disabilities. Throughout this discussion, you’ll hear Kristen emphasize the importance of a collaborative, individualized approach to getting her clients the best possible educational outcome, as every special needs child has their own unique academic challenges. Join us as we discuss: The most common roadblocks that stand in the way of parents or guardians seeking the free and appropriate public education for their child that they’re entitled to by law. What factors impact a child’s Individualized Education Plan (IEP), how it is deemed appropriate for the student, and why it must change over time as the child matures? How Kristen’s role differs markedly from that of an attorney, and why her approach — which emphasizes collaboration and a positive long-term relationship among parents or guardians, the school district, and the special needs student — can foster proactivity that will serve the best interests of the special needs student. The variety of special needs services that might be needed and how those services can improve or hinder the effectiveness of an IEP depends on the student and their needs. And more! All children, including children with disabilities, are legally entitled to a free education in this country. Our goal in this episode is to help you walk away with a better understanding of the support programs available and how to access them as needed if your child or a child you know is struggling with their educational path. /episode/index/show/absolutetrusttalk/id/27102285

111: How Does the Special Olympics Change Lives Outside of Sports? 05/15/2023

111: How Does the Special Olympics Change Lives Outside of Sports? In its 50+ years, the Special Olympics has served as a beacon of inclusion for aspiring athletes with disabilities. This now-worldwide institution started in 1968 in Chicago and was the brainchild of Eunice Kennedy Shriver — President John Kennedy’s sister. At that time, developmentally disabled children were often institutionalized and intentionally separated from their families. Eunice had seen how societal pressure ultimately affected how her sister, Rosemary, was treated because of her intellectual disability. She was inspired to look for constructive and enriching programming options for those with disabilities and found very few of them, so she set about to create one of her own, using participation in sports as its overarching theme. The program that Eunice envisioned has grown dramatically over the years, and there are now more than 5 million Special Olympic athletes worldwide, representing 200 countries. In addition, each state in the U.S. has its own chapter of the Special Olympics, with California being represented by two due to its size and population. But, while most of us associate the organization primarily with these athletic events, in reality, the Special Olympics does much more to improve the lives of people with disabilities — far beyond the realm of sports participation. In the newest episode of Absolute Trust Talk, Kirsten Howe spoke with Tyler Krochmal, Senior Manager of PR and Communications for Special Olympics Northern California (SONC). Tyler is a pivotal part of the Special Olympics’ media team — he’s heading to Berlin for the International Special Olympics in June — so he’s well versed on the organization’s overall mission. He even participated as a volunteer coach for a number of years. And because Tyler oversees the Special Olympics’ Athlete Leadership program, which allows athletes with disabilities to learn real-world skills that help them develop confidence and expand their opportunities in life, he’s seen firsthand the impact that this organization can have — even when there’s no sporting event involved. In this episode, we’re going to discuss: The impressive growth that the Special Olympics has seen since its inception and how that growth reflects today’s more enlightened and inclusionary approach toward people with disabilities. How participation in the Special Olympics is a watershed moment for athletes with disabilities. Many athletes’ interest is kindled by watching their chosen sport on television and signing up to participate. Unlike other aspects of their lives, disabled athletes don’t have to worry about the judgment of others. There are no particular ability levels required — only the desire to participate. The various ways Special Olympics is committed to supporting people with intellectual disabilities far beyond the athletic field to enhance their physical and emotional health. How the Special Olympics provides enriching participation opportunities for coaches and other volunteers as well as the athletes themselves. And more! Don’t miss this very uplifting episode, as Kirsten and Tyler delve into some of the lesser-known ways that the Special Olympics enriches the lives of disabled adults. /episode/index/show/absolutetrusttalk/id/26842713

103: What is a “No Contest” Clause and When Does it Really Apply? 04/24/2023

103: What is a “No Contest” Clause and When Does it Really Apply? You’ll find no shortage of captivating stories in the realm of estate planning. Tales of barely legible handwritten notes found in obscure places that detail a decedent’s wish to bequeath their fortune to someone they had only just met. Or accounts of family members becoming estranged and a child or other loved one is left out of the estate, which is then capped off with the ever-popular “no contest” clause threat. Life is complex, and so are family dynamics. Some family relationships fray while others grow stronger, and it’s not surprising that these shifts are often memorialized in estate plans. But is it really possible to freeze a family member out of an estate and insert a “no contest” clause to safeguard from challenges? Does this provision truly hold up in the real world, or would a particular disinherited relative have any recourse if they find themselves in that position? And how does the clause change if an opportunist unduly influenced or preyed upon a decedent? For the answers to these questions and more, tune into our latest episode of Absolute Trust Talk. Kirsten Howe will speak with trust and estate litigation attorney Jennifer Herlihy, founding partner of Walnut Creek-based Koller Herlihy, LLP. In addition to trust and estate litigation, Jennifer centers her practice on contested conservatorships, financial elder abuse actions, and related litigation, including civil claims and employment disputes with caregivers. Included in her impressive resume, Jennifer assisted more than 40 families in the highly publicized PG&E San Bruno explosion lawsuit and currently serves on the Tri-Valley Estate Planning Counsel and the Contra Costa County court-appointed attorney panel that represents conservatees in conservatorship proceedings. In this episode, we’re going to discuss: What a “no contest” clause really entails and how rock-solid it is under the threat of litigation. The primary conditions that make a “no contest” clause effective in shielding an estate from litigation. The most common ways litigants seek to circumvent the “no contest” provision. The critical steps that anyone planning to leave an asymmetrical inheritance should take to help minimize the chances of a contest in the future. How ever-evolving technology has changed the nature of forgeries for “go-to” tactics of elder abusers and other opportunists. And more. You shouldn’t have to ask anyone’s permission to structure your estate as you see fit — even if you plan to leave a family member a disproportionately smaller amount of it. Our goal with this episode is to help you better understand the circumstances surrounding “no contest” litigation and ensure that your wishes in your estate plan are carried out as you intend them to be. /episode/index/show/absolutetrusttalk/id/26637489

110: Free and Appropriate Public Education: How Do I Get One for My Special Needs Child? 04/17/2023

110: Free and Appropriate Public Education: How Do I Get One for My Special Needs Child? Being the parent of a special needs child is an exceedingly demanding role that comes with innumerable responsibilities geared toward helping that child navigate the world around them in the most enriching and gratifying way. The most important of these responsibilities is seeing that the child receives the best education possible, maximizing their social and behavioral skills. This is a challenging task. The term “special needs” covers a wide range of disabilities, so the nature of that education will vary considerably from child to child. However, these children all have one thing in common — the right to a free and appropriate public education. And, because the term “appropriate” is so subjective, it’s often a point of contention between school district officials who insist that they’re doing the very best they can to fulfill their obligations and parents of special needs children who maintain that the accommodations being provided just aren’t accomplishing what they need to. Maybe you’re the parent of a special needs child and have become frustrated in your efforts to secure the best possible education for that child — an education that’s guaranteed by law. Or perhaps you know someone who’s at such an impasse. If so, you’ll want to tune into the latest episode of Absolute Trust Talk as Kirsten Howe speaks with California Special Education Rights Attorney Jennifer Chang - Jennifer’s firm centers on fighting for the rights of children with special needs to get the education and services they need. In her practice, she litigates for those children and educates their parents on becoming better advocates for their needs. In this episode, we’re going to discuss: The broad spectrum of disabilities that special needs education must address. The role that Individualized Education Plans (IEPs) play in tailoring the educational experience for a special needs child and why parents must be incredibly diligent in ensuring that their child’s IEP accurately covers ALL of the services. Why seeking the services of a special education attorney even before an impasse with the school district is in the best interests for all parties. How school districts blame COVID for staffing shortages and why that isn’t an excuse when it comes to special needs support. And more. Special needs students are not always given the attention and support they need. We hope this episode helps you and those you know better understand the tools and processes needed to help get a special needs student the education they are entitled to. /episode/index/show/absolutetrusttalk/id/26564013

109: Wondering How NFTs are Changing the Future of Fine Art? 04/03/2023

109: Wondering How NFTs are Changing the Future of Fine Art? At first glance, non-fungible tokens, or NFTs, would seem to have little place in the world of fine art. After all, they’ve only been around for nine years, and during that time, they’ve developed a reputation as an abstract form of digital currency only fully understood by tech-savvy early adopters. The mere mention of NFTs raises a bit of skepticism in some circles, partly because not many of us comprehend the technology behind them. Ask someone to explain NFTs and blockchain technology in layman’s terms, and you’re likely to hear plenty of stammering and double talk, but our newest episode of Absolute Trust Talk will provide a welcome reprieve from that. Kirsten Howe’s guest is Claudia Worthington Hess, who brings an unusual combination of 40 years of experience in the art market and a thorough knowledge of NFTs to the discussion. A member of the Appraisers Association of America (AAA), Claudia is a certified fine art appraiser who works with museums and other clients throughout the US and Canada on insurance, donation, and estate appraisals. After founding Hess Art Advisory in 2010, she eventually broadened her focus to accommodate the rapidly growing role that NFTs had come to play in the realm of fine art, prompting her to co-found New Media Art Advisory. Her new book, NFTs: A Handbook for Art Lovers, results from 17 months of research on this often-misunderstood topic. In this episode, she’ll explain why NFTs and fine art — two worlds that seem to have nothing in common — are a natural fit for each other and why NFTs are here to stay, becoming more prevalent in the future. She’ll also provide some interesting perspective on just what goes into determining the value of a given piece of art — much like the fundamentals of NFTs, this is a process that also leaves many of us mystified. We will also discuss: The various events that prompt someone to hire an art appraiser and the distinction between “retail/replacement value” and “fair market value” that not only guides the appraisal process, but also result in a different valuation for each of these. Why, as entertaining and compelling as it might be, the story behind a given piece of art is often misleading and shouldn’t play a part in the appraisal process. The role that NFTs currently play in the world of fine art and why they’re likely to take on an even more prevalent role in the future — some of the statistics that Claudia will provide are sure to surprise you! How NFTs can benefit artists in the future by providing solid proof of agreements between artists and galleries. Some actual appraisals Claudia has made not only run contrary to the images most of us conjure up when we think of high-price artwork but also resulted in welcome surprises for art enthusiasts who bought wisely and held on for the long run. And more! We hope you will join us as we take a look at the world of art appraisal, the rise of NFTs and the connection that’s been growing between these two seemingly disparate worlds. /episode/index/show/absolutetrusttalk/id/26433384

108: Is Your Loved One Really Safe in Their Nursing Home? 03/19/2023

108: Is Your Loved One Really Safe in Their Nursing Home? It’s a scenario you’d never want to imagine — let alone experience — but it happens more often than you’d think. After doing hours and hours of research, and asking all the right questions to a list of skilled nursing facility candidates for a loved one who needs long-term care, you decided on what you believe was the best option. Later on, you come to find out that your loved one failed to receive the care they were promised and showed signs of abuse. If you’re like many people, you may have thought that facilities like the one you chose were guided by a sense of duty to the vulnerable and dependent residents they serve. But unfortunately, skilled nursing facilities are almost invariably for-profit businesses that put a very high premium on their bottom line, sometimes to the detriment of their residents. To find out what you can do to ensure that your loved one gets the best possible care in their nursing facility, we’re pleased to welcome Shahrad Milanfar, of Milanfar Law in Walnut Creek, who helps victims of nursing home abuse and neglect. Shahrad has substantial court-tested experience with nursing home abuse cases and takes pride in being a persistent voice for clients during litigation. His selection to the National Trial Lawyers Top 100 for 2022-23 is a testimonial to his skill and knowledge in court — both of which he continues to teach as an adjunct professor at the Golden Gate University School of Law. In this episode, we’re going to discuss: The proactive steps that family members can take to ensure that the skilled nursing facility they’ve chosen is held accountable for their loved one’s proper care. The defining characteristics that nursing home neglect cases usually have. Why Covid made proper skilled nursing care more challenging, and how its aftermath has made accountability easier. Why claims that a skilled nursing facility resident is exhibiting “unreasonable” behavior doesn’t excuse the facility from providing sub-par care, and the specific questions you should ask if you suspect this is the case. Several resources you can turn to if you suspect a loved one is showing signs of neglect or abuse. And more! Deciding to entrust the care of a loved one to a skilled nursing facility is a tough decision. If you have suspicions that the care they’re receiving isn’t living up to the standards that were promised — or worse, if that care amounts to outright neglect or abuse — it can be devastating! With this episode, we hope you’ll gain a better understanding of your options and how to better protect a loved one from abuse or neglect in long-term care. /episode/index/show/absolutetrusttalk/id/26274444

107: What Are Commonly Overlooked Money Issues When Splitting Assets in a Divorce? 03/06/2023

107: What Are Commonly Overlooked Money Issues When Splitting Assets in a Divorce? Whether you’ve experienced it yourself or have seen it happen to someone close to you, you’re likely to agree that there aren’t many life events that are more emotionally taxing than divorce. Two lives that have been bound together — by law and through shared experiences — are severed, and with that comes the necessities required to complete that break. The emotional component, however, often makes every step in the process as contentious as it can be, with both parties not only going to the mat to look after their own best interests but sometimes — let’s face it — also inflicting emotional and financial harm on each other. In a “50/50” state like California, where assets are required by law to be divided equally among spouses, it would seem like a cut-and-dry job, and in some respects, it is. But not all community assets are that easy to divide. The most obvious example of this would be the family home. You’re not likely to find many divorced couples willing to live under the same roof with spatial boundaries cutting the residence in half, and, of course, literally dividing a house in half would render both halves unlivable. In reality, arriving at an equitable division of assets after a divorce is a very complex undertaking. There are plenty of considerations to be made — many of which wouldn’t even be on the average person’s radar. But, if you’re contemplating divorce or want to provide some insight to someone close to you who is, you’ll definitely want to tune into the latest episode of Absolute Trust Talk, as Kirsten welcomes Glenn Bittner, who is not only a financial advisor with Pacific Wealth Planning but also a Certified Divorce Financial Analyst. Glenn offers a unique blend of practical knowledge and experience that allows him to view the emotionally fraught issue of divorce from the rational, financial side. In addition to his CDFA® certification, Glenn obtained his FINRA Series 6, 63, 65, and 7 licenses. As a former mathematics major, he has a penchant for calculating the present and future valuations of a wide array of financial assets. He was born for this role! In this episode, we’re going to discuss: The importance for Glenn and any CDFA® is to ask the right questions and learn essential information about both parties in a divorce proceeding. What a Qualified Domestic Relations Order (QDRO) is, its role in a divorce proceeding, and why it’s sometimes best to avoid a QDRO altogether? Why dividing a pension earned by one spouse between both parties can be especially challenging, if not impossible. The various emotional aspects of the family home often make it a particularly contentious part of the divorce process. Why allowing emotion to dominate divorce proceedings may not only lead to a less than equitable settlement but also bring about unforeseen financial consequences for one or both parties down the road. And more! Unfortunately, as we all know, divorce is never easy, and many moving parts require us to set aside emotion so that rational thinking can take center stage – easier said than done, right?! We aim to help you walk away from this episode with a better idea of what needs to be considered when equitably dividing financial assets. /episode/index/show/absolutetrusttalk/id/26141424

106: What’s Left of the Presley Estate? Lessons Learned from Elvis & Lisa Marie 02/19/2023

106: What’s Left of the Presley Estate? Lessons Learned from Elvis & Lisa Marie Ever since the mid-’50s, when “That’s Alright Mama” hit the airwaves and marked his rise to stardom, Elvis Presley has been lauded as one of the most galvanizing figures in the history of popular music. He became a household name as quickly as anyone ever had in his pre-social media time and would go on to have an incredible 149 songs make the Billboard Top 100 Pop Chart. He would also become the ultimate Las Vegas fixture — the prototype creator of what is now known today as the “Las Vegas Residency.” Sold-out concerts, hit songs, packed theatres. Elvis generated a LOT of money. And, if you’d conclude that Elvis’s own share of this revenue led to a lavish lifestyle that very few other entertainers matched before or since, you would, of course, be right. But we’re also familiar with the cautionary tale that came with Elvis’s fame and fortune. When he died in 1977, he left behind an estate valued at around $5 million — a surprisingly small sum, considering his accomplishments. With Lisa Marie Presley’s recent unfortunate and untimely death, the Presley estate is back in the news. A closer examination of this estate will reveal that fueled by a series of interesting planning decisions over the years since Elvis’s death — some very questionable, but a few surprisingly wise — it has gone through a series of dramatic twists and turns that, in a way seem befitting of such a storied and larger than life public figure. But this financial saga holds far more than the unfortunate tabloid “car crash” appeal that seemed to follow the Presley name after his passing. There are also plenty of teachable moments included in this story! Join us for the latest episode of Absolute Trust Talk as Kirsten Howe and associate attorney, Madison Gunn, examine the Presley approach to estate planning over the years and detail the various decisions that have led to its current state. In this episode, we’re going to discuss: Elvis’s seemingly unusual method for organizing his estate The broad language contained in his testamentary trust that showed Elvis’s concern for his family The tremendous amount of latitude that Vernon Presley — Elvis’s father and his original trustee — was given. This latitude would lead to a dramatic change upon Vernon’s own death Just how dramatically the new trustee’s wise moves reversed the Presley estate’s seemingly bleak future. Why, considering her state in life, coming into control of a vast fortune created a terrible situation for Lisa Marie How, in the days after Lisa Marie’s death, poor planning and questionable motives combined to create a plethora of litigation And more. Don’t miss this latest episode of Absolute Trust Talk as Kirsten and Madison chronicle the history of this estate, and share some legal wisdom that could have significantly alleviated the conflicts and fluctuations it has seen over the years. We hope you’ll walk away with insights on what you should or shouldn’t do in your own estate planning. /episode/index/show/absolutetrusttalk/id/25979787

105: AB Trust: Do You Have One? Do You Need One? 02/06/2023

105: AB Trust: Do You Have One? Do You Need One? Ever open a closet drawer only to discover something from your past that’s long since been rendered obsolete? More often than not, this obsolescence comes by virtue of outdated technology — or, in the case of clothing, because of a shift in what’s considered fashionable. Think VHS players, a Sony Walkman . . . parachute pants. While you probably wouldn’t expect to find any such relics within the realm of estate planning, they might just exist there too. If you’re married, an excellent case in point is the AB trust you’ve been holding onto for quite some time — maybe without even knowing it. And like those archaic electronic devices or that “of its time” fashion, it may be time to kick it to the curb. At one time, AB Trusts were very common. They harnessed a specifically designed structure to minimize exposure to the California estate tax laws that included a surprisingly low exemption — as low as $1 million dollars. So, if a couple had a worth of $2 million and one spouse died, the remaining spouse was often saddled with a substantial estate tax liability. But, in 2013, those estate tax laws changed dramatically. That exemption mentioned above was bumped up by a multiple of more than 12 times — meaning that it now shielded a far greater number of estates from estate tax liability and, for many couples, also rendered their AB Trust obsolete. Are you one of these couples? Tune into the latest episode of Absolute Trust Talk to find out. Kirsten Howe and associate attorney, Madison Gunn, will take a close look at AB Trusts, including the reasons why they became such a “go-to” strategy for so many married couples, why this type of trust can be more trouble than they’re worth for some, and how they still offer specific protection that may make them invaluable for a few others. In this episode, we’re going to discuss: Why AB Trusts were often the perfect fit for married couples based on the estate tax laws in place about a decade ago. How the AB Trust got its name — including Kirsten’s take on the trust’s naming origin. The specific requirements of an AB Trust. These requirements entail a considerable amount of legal and accounting work at a certain point, and extra costs come with that. The primary consideration that must be made to determine whether or not an AB Trust is still the best option for you. Some scenarios that can play out in the absence of an AB trust. These scenarios may make an AB Trust your best option despite its requirements. Why, if you haven’t updated your trust in the past decade, you should make an appointment with your trust attorney ASAP. And more. Despite those changes to California estate tax laws, many couples still retain an AB Trust that will profoundly impact how their estate is maintained in the event one spouse dies. It’s our goal for you to walk away with a clear understanding of this sometimes misunderstood — and potentially outdated — estate tax strategy. /episode/index/show/absolutetrusttalk/id/25843374

104: Two Years After its Passing, Has Proposition 19 Delivered on its Promises to California Homeowners? 01/23/2023

104: Two Years After its Passing, Has Proposition 19 Delivered on its Promises to California Homeowners? California’s Proposition 19 was passed as a constitutional amendment about two years ago amid quite a bit of confusion. A large part of this stemmed from the misleading rationale that positioned it mainly as a means to extend a financial lifeline to Californians whose homes were destroyed by wildfire or other natural disasters. This paved the way for them to transfer their property tax base to a new home in any of California’s 58 counties and thus rebuild their lives after such a tragedy. Obscuring things further were also some takebacks from the homeowner benefits offered, which largely replaced — Proposition 58. These takebacks from Proposition 58 centered mainly on the property tax benefits available when a primary residence was passed from parent to child. Now, it only covers the primary residency or family home. If it is transferred to a child, that child must make it their primary residency within one year after the transfer, and the property must remain their primary residence. Any other type of move will essentially trigger a reassessment. And many clients are still surprised about this. Luckily the Board of Equalization has come out with clarifications and guidance on how Prop. 19 is supposed to work. So, if you’re wondering if the proposition has been a net gain or a bust, we are taking a closer look at both the good, the bad, and reviewing the new instruction in this episode of Absolute Trust Talk. Kirsten and Madison will weigh in on the proposition’s changes, what those changes mean for the citizens of California, and share some insights from the impacts we’ve been seeing with our clients here at Absolute Trust Counsel. In this episode, we’re going to discuss: The enhanced property tax benefits that Proposition 19 now provides to homeowners over 55 or who have been victims of a natural disaster. The benefits that California homeowners lost when Proposition 58 gave way to Proposition 19 — they’re pretty substantial. The Board of Equalization’s part in overseeing property tax administration and how some recent changes have left the agency behind the eight ball. How a commonly misunderstood part of the tax reassessment process can leave some family members with a property tax bill, they hadn’t bargained for. What the Board of Equalization now says about the parent/child property tax exclusion if one inheriting child decides to buy siblings out of a deceased parent’s primary residence. Why this legislation reflects California’s push toward ADUs and how they’re favored over other forms of multi-unit residences. And more. Nearly every piece of passed legislation brings some unforeseen and often unintended consequences, but in several ways, Proposition 19 is unique. A large part of this distinction comes from its jurisdiction over homeowner tax protection. So, if you’re a California homeowner who plans to leave a primary residence to your children, listen in, as these changes will directly affect your — and their — financial future. /episode/index/show/absolutetrusttalk/id/25700682

102: Bay Area Housing Market Prices, Trends, and What’s Next for 2023 12/27/2022

101: What Does My Family Need to Know About My Estate Plan Before it’s too Late? 12/09/2022

101: What Does My Family Need to Know About My Estate Plan Before it’s too Late? The quest to follow a client’s wishes will always top the list of priorities for any conscientious estate attorney — keeping all parties concerned out of court likely runs not far behind — and while there’s no failsafe way to ensure that priority #2 is 100% achieved, having an honest and open communication among family members about your estate plan is the best way to stack the odds in your favor. The subject of estate planning can make family members feel a little uneasy, even when some of its most obvious aspects are often left unspoken. For example, where to find the estate planning documents needed to carry out your wishes and the location of the assets to be distributed to your heirs as you see fit. This can lead to confusion, especially when emotions are already at a fever pitch. The chasms it can create among family members can last a LONG time — sometimes even permanently. Notifying your family members of your wishes as clearly as possible is the best way to avoid surprises and the potential fallout that might result from them. And while it’s a great idea to get family input on several aspects of your estate plan, this input shouldn’t be the only factor in shaping your decisions. You shouldn’t have to ask your children for permission to create your estate plan as you see fit. With all this in mind, planning your estate, so things go as smoothly as possible when it comes time to carry out your wishes seems pretty challenging, doesn’t it? It often is, but let’s see if we can make it a little less daunting. Join us for a new episode of Absolute Trust Talk, as Kirsten Howe and associate attorney, Madison Gunn, take a closer look at several ways to take the surprise element out of estate planning to reduce the chances of resentment that can drive a wedge between family members. In this episode, we’re going to discuss: How our migration to the digital age has added an extra challenge to conveying your wishes to family members Why deciding on the right trustee — as well as knowing who it SHOULDN’T be — is so crucial The important conversation that should come even before you sit down with family members to discuss your estate plan Why making ALL of your wishes known — including those for end-of-life care — is such a kindness to your survivors A few of the commonly encountered assets that are especially prone to triggering hard feelings and resentment And more. There is no single right way to plan for the distribution of your estate’s assets when you’re no longer around. Just as every family is different, so are the relationships between its family members. But, making sure that the essential details of your estate plan are properly discussed can go a long way toward keeping peace and harmony in the future. /episode/index/show/absolutetrusttalk/id/25277241

100: Tips and Tools for Buying a Home Despite Rising Interest Rates 11/30/2022

100: Tips and Tools for Buying a Home Despite Rising Interest Rates Since, for nearly everyone, a home mortgage represents the biggest — and most important — loan of all, rising interest rates have made home buying more of a challenge. But if you happen to be a prospective homeowner, that’s no reason to give up. The connection between the Fed raising interest rates and experiencing more pain in your wallet when you apply for a home loan is often misunderstood — the relationship isn’t quite as direct as you might expect. And while you can’t help but notice that home loan rates are higher than they were just a few months back, from a historical perspective, they’re still pretty low. More importantly, there’s some upside to the recent shifts in the home loan market that you might not have already considered. Sound more encouraging? Then join us for our milestone 100th episode of Absolute Trust Talk as we speak to Janice Nugent, a certified mortgage planning specialist with Compass Mortgage Advisors. With more than 15 years of experience in this capacity, Janice is not only well-qualified to weigh in on current home loan market conditions, but during that time, she’s also made it a priority to help her clients build wealth, financial freedom and pursue their life goals by leveraging intelligent mortgage, cash flow, and home equity strategies. Janice has forged her career by looking out for her client’s best interests — not only in the present, but farther down the road. She takes a well-rounded, holistic approach to her role and encourages her clients to look at a home loan purchase not just in terms of shelter or as an investment, but also in terms of how a pending purchase will affect other facets of their lives. She’ll provide a fresh perspective on home ownership — whether for a primary residence or investment purposes — and give you a logic-based overview of the home loan market as it currently stands, as well as the opportunities that still exist for prospective home buyers. In this episode, we’re going to discuss: The advantages of working with a mortgage broker versus working directly with a bank How the Fed’s rate hikes affect mortgage interest rates — HINT: There’s not as direct a connection as you might think The factors that home loan rates are actually tied to Why prospective home buyers need to consider how a home purchase will affect their life goals Some seldom discussed but very beneficial by-products of the recent home loan interest rate hikes And more. If you’ve been considering buying a home for some time — whether as a primary residence or as an investment — but now feel like the recent interest rate hikes have dashed your hopes of pursuing the American Dream, this episode will have you reconsidering your assumptions. Janice will discuss some programs you might be able to use to bring home ownership back within reach and explain why changes in the real estate market actually create some upside — especially for first-time buyers. /episode/index/show/absolutetrusttalk/id/25182390

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