129: Estate Planning Strategies to Reduce Family Conflict After Death
Absolute Trust Talk
Family conflict after a loved one has passed is very common, but that doesn’t mean it can’t be avoided. In our years of experience in estate planning, we’ve seen many different scenarios play out and have a thorough understanding of the nuances that tend to cause these conflicts. The number one reason for disputes over a trust lies in the feeling that it is not fairly divided. While Mom and Dad or Aunt Sally can set up their estate however they wish, often, a simple conversation with family can go a long way to clarify why certain decisions were made. In this episode of Absolute Trust...
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128: Revocable or Irrevocable Trust: Which is Right for Me?
Absolute Trust Talk
When we first begin working with a client who is setting up their estate plan and, more specifically, building a trust, the number one question we always get is whether they need a revocable or an irrevocable trust. For us, this is always an interesting and fun conversation because as soon as the client hears the difference, they immediately know which tool they need. Not to give it all away, but the standard option is the revocable trust; however, there are certain instances in which the irrevocable trust is needed—there is no one-size-fits-all approach to estate planning. So, which...
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127: Understanding Multigenerational Estate Planning Part 2
Absolute Trust Talk
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...
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126: Understanding Multigenerational Estate Planning Part 1
Absolute Trust Talk
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...
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125: Cher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance Abuse
Absolute Trust Talk
Recently, the entertainment world has been abuzz with numerous high-profile conservatorship battles, and the latest to emerge involves iconic singer Cher. She has initiated a conservatorship petition concerning her son, Elijah Blue Allman, aiming to oversee the financial benefits he inherits from his father, the late Greg Allman's trust. Legal filings state the urgent need for a conservator to safeguard Elijah's estate against potential damages or losses, citing his inability to manage his finances due to significant mental health and substance abuse challenges. Tune into a new episode of...
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124: Beach Boys Founder Brian Wilson Suffering from Dementia as Reps Seek Conservatorship
Absolute Trust Talk
When you think of the Beach Boys, what comes to mind? We’re betting it’s not a complicated conservatorship case. Unfortunately, that’s what’s happening with the Beach Boys Founder, Brian Wilson. Mr. Wilson’s long-time wife had been his healthcare directive, but with her recent passing, it was discovered that no one was ever named as a backup. Now, the question is not only who will pick up her role as Mr. Wilson’s healthcare directive, but how. With Brian Wilson being considered unable to make these decisions for himself due to dementia, the solution is not a simple one. Tune in to...
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122: The Costly Truth of Ignoring Estate Planning Like Jay Leno
Absolute Trust Talk
You may have heard the recent news that Jay Leno filed a conservatorship over his wife, Mavis Leno’s estate. The couple does not have an estate plan, and his goal is to gain special permission from the court to set up a plan for both of them. As Kirsten and Madison point out, the main issue is not what happens if Mavis dies but instead if Jay were to die first. Given that Mavis is already incapacitated, who will manage their assets and decision-making? We hope you will join us for this discussion that underscores just how important it is to have an estate plan in place to avoid the costly...
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123: Why Can't I Change My Trust After My Spouse Passes Away?
Absolute Trust Talk
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...
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121: What Happens When a Trustee, Executor or Beneficiary Dies?
Absolute Trust Talk
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...
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120: Solutions to Common Real Estate Issues
Absolute Trust Talk
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...
info_outlineWe all age, right? It’s a natural part of our life cycle. But unfortunately, we often fail to take advantage of the lifelong opportunities we are given to maximize our health and age gracefully, ensuring we remain healthy and active as we get into our later years. Dr. Nancy Rolnik, who has special expertise in sports, lifestyle, and regenerative medicine, understands that better than most. Her unique training gives her the knowledge to treat each patient holistically, combining the best of Western and Eastern medicine to help her patients recover and thrive. She is amongst a growing group of regenerative pioneers around the world aiming to help patients heal instead of using band-aids to control pain. Dr. Rolnik knows all too well the pain and suffering that comes from experiencing too many fitness-related injuries, so she easily empathizes with her patients and creates a whole-body treatment plan to help her patients recover from their injuries or reduce chronic pain without surgery or pain pills. There’s no cookie-cutter medicine at Remedy! Her goal is to safely and quickly get her patients back to the sports, workouts, and daily activities that make their lives full. Dr. Rolnik helps you stay healthy for life!
Dr. Rolnik earned her BS in biochemistry from the University of Illinois, Champaign-Urbana, and attended medical school at Northwestern University’s Feinberg School of Medicine in Chicago. She is board certified in family and sports medicine and has worked tirelessly over the past 20 years to advance her training, knowledge, and skills in lifestyle and regenerative medicine treatments to offer patients safe, effective, and state-of-the-art options for injury and pain management.
Joining the show today, Dr. Rolnik and Kirsten discuss the best options for pain management, how health and wellness are vital for maintaining optimal function, and the steps you can take to implement a healthier lifestyle one improvement at a time. Whether you’re an athlete or daily workout junkie, or you experience wear-and-tear pain, this episode will help you recognize what you might be missing and help get you back on track.
Highlights from Episode #032:
- Our body is the only true healer of pain. Modern medicine helps the process.
- Getting into the groove of a healthy lifestyle can be hard and overwhelming. Pick one thing you want to work on or improve, whether that is giving up soda or going for a walk every day at lunch, and master that. Then, once you have that down, add on something new. Tracking progress with a planner helps.
- We all need to take responsibility for our own health and wellness – there is no magic pill or program to make you healthy. Daily efforts to maintain or improve your health add up to a healthier life! Living to an advanced age with vitality requires a plan and consistency.
Time-stamped Show Notes:
5:44 – How do you advise for pain management and chronic pain?
10:20 – How much is enough exercise for the average person?
14:42 – Dr. Rolnik shares an excellent tip for incorporating stretching into your routine.
16:11 – How can maintaining your fitness and wellness impact cognitive needs?
18:55 – How do you compare the health span to life span?
20:50 – What is an even more significant factor in maintaining overall health and wellness?
22:30 – Dr. Rolnik and Kirsten discuss inflammation and how to address that root cause.
25:05 – What are the most common foods that are inflammatory?
32:36 – Dr. Rolnik weighs in on whether coffee is good or bad for you.
36:46 – Kirsten and Dr. Rolnik break down the process of platelet-rich plasma Injections.
Episode #032 Freebie: The Remedy Wheel of Hope
There are various approaches to injury and pain management. Many depend on your efforts, and some depend on the advice and skills of healthcare professionals. The strategy that helps your knee pain, for instance, will look entirely different for someone else. Dr. Rolnik is providing Absolute Trust Talk listeners exclusive access to her resource, The Remedy Wheel of Hope. This pie chart breaks down eight different non-surgical factors that Dr. Rolnik uses in custom combinations to reduce pain and improve function without resorting to going under the knife or using opioids. Some people will improve simply with a few of these options without consulting with a physician, and others need to incorporate all of them in some form or fashion. Dr. Rolnik assesses each individual and formulates the best combination for success. Click here to download your FREE copy now.