Estate Planning with Fexingo: Wills, Trusts, and Passing Wealth to Future Generations

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Lucas and Luna navigate the architecture of wealth transfer—wills, trusts, estate taxes, and the legal structures that govern inheritance. Every episode is built around a specific instrument or strategy: from revocable living trusts to generation-skipping transfer taxes, from charitable remainder trusts to the nuances of probate in different states. Lucas brings the regulatory precision, citing IRS code sections and recent court rulings; Luna pushes on the human side—how families actually make decisions, avoid conflict, and communicate intent across generations. The listener is the high-net-worth individual, the family office adviser, or the estate-planning attorney who wants to understand both the letter of the law and the art of the conversation. Together, they dissect real-case scenarios: a tech founder with illiquid equity, a blended family with competing heirs, a couple navigating Medicaid planning. No hypotheticals without numbers, no principles without examples. Each show ends with a tension—how do you balance control with flexibility? How do you protect wealth without stifling the next generation's ambition? #EstatePlanning #WillsAndTrusts #InheritanceTax #FamilyWealth #TrustStructures #Probate #GenerationSkipping #CharitableTrusts #MedicaidPlanning #EstateTax #LegacyPlanning #WealthTransfer #Finance #FexingoBusiness #BusinessPodcast #EstateAttorney #FamilyOffice #AssetProtection Keep every episode free: buymeacoffee.com/fexingo

  1. 11h ago

    How a Trust Can Own a Private Jet Without the Tax Trap

    Lucas and Luna drill into a niche but costly estate-planning problem: passing a private aircraft to heirs without triggering gift tax, estate tax, or the 100 percent luxury depreciation recapture. They walk through a real-world scenario where a founder's plane is worth $12 million, how a fractional-interest trust can slash the taxable value, and why the IRS's 'fractional interest' rules for aircraft differ from those for real estate. They also cover the operational side — who flies it, who maintains it, and how to keep the trust from accidentally becoming a commercial operator. Plus, a listener question about whether a trust can own a plane that's used for business travel. The episode closes with a look at the 2026 sunset of the higher estate-tax exemption and why aircraft owners should act before year-end. Listeners will learn one concrete planning move: using a fractional-interest trust to discount the value of a plane for estate-tax purposes while keeping it in the family. #PrivateJetTrust #AircraftEstatePlanning #FractionalInterestTrust #EstateTax #GiftTax #TrustPlanning #AviationLaw #WealthTransfer #FexingoBusiness #BusinessPodcast #Finance #EstatePlanning #LuxuryAssets #TaxStrategy #FamilyWealth #TrustLaw #EstateTaxSunset #BusinessAviation Keep every episode free: buymeacoffee.com/fexingo

    How a Trust Can Own a Private Jet Without the Tax Trap

  2. 1d ago

    How to Move a Trust Across State Lines Without Losing Its Benefits

    When a family relocates or a beneficiary moves, an out-of-state trust can quietly lose its tax advantages, its creditor protections, or even its validity. In this episode, Lucas and Luna walk through the real mechanics of changing a trust's situs — the rules of thumb, the traps like hidden income tax cliffs and the dreaded 'throwback tax,' and why a simple amendment often isn't enough. They use a concrete example: a California family with a Nevada dynasty trust and a beneficiary moving to Texas. Along the way, they explain the difference between a trust's governing law and its administration state, how to move a trust without triggering a taxable event, and why some states have become trust-friendly havens while others push families away. If you've ever wondered whether your estate plan still works after a move, this episode gives you the map — and the warning signs that you need a professional to look under the hood. #TrustSitus #EstatePlanning #DynastyTrust #TrustAdministration #AssetProtection #EstateTax #IncomeTax #Finance #Business #WillsAndTrusts #FamilyWealth #CrossStatePlanning #TrustLaw #FexingoBusiness #BusinessPodcast #PersonalFinance #LegacyPlanning #TrustMigration Keep every episode free: buymeacoffee.com/fexingo

    How to Move a Trust Across State Lines Without Losing Its Benefits

  3. 2d ago

    How a Dynasty Trust Can Skip Generations of Estate Tax

    In this episode of Estate Planning with Fexingo, Lucas and Luna dive into dynasty trusts—a tool that can stretch estate tax savings across multiple generations. Using the example of a wealthy family in a high-tax state, they explain how a dynasty trust can shield assets from estate tax at each generational transfer, while also protecting against creditors and divorce. They break down the generation-skipping transfer tax (GSTT), the importance of the GST exemption, and how a 'delaware dynasty trust' can last forever. You'll learn why dynasty trusts aren't just for billionaires, the role of a trustee, and a practical way to start smaller with a 'perpetual trust' in states that allow it. If you've ever wondered how the ultra-wealthy keep wealth in the family for centuries, this episode gives you the blueprint—and the caveats. Tune in for a clear, real-world look at a powerful estate planning strategy. #DynastyTrust #EstatePlanning #GSTExemption #GenerationSkippingTransferTax #WealthTransfer #Trusts #Inheritance #TaxPlanning #FamilyWealth #LongTermTrust #Finance #FexingoBusiness #BusinessPodcast #EstateTax #AssetProtection #Trustee #PerpetualTrust #LegacyPlanning Keep every episode free: buymeacoffee.com/fexingo

    How a Dynasty Trust Can Skip Generations of Estate Tax

  4. 3d ago

    How a Trust Can Own Life Insurance Without the Estate Tax Trap

    Life insurance proceeds can balloon your estate and trigger a surprise tax bill. In this episode, Lucas and Luna break down the irrevocable life insurance trust, or ILIT, and how it keeps death benefits out of your taxable estate. They walk through the three-year rule, the grantor's retained powers, and the trap of the 'incidents of ownership' test. With a concrete example of a $2 million policy and a 40 percent estate tax rate, they show how an ILIT can save heirs over $800,000. They also discuss the Crummey power, the annual exclusion, and why the trustee's role matters more than you think. If you own a life insurance policy and have a taxable estate, this episode gives you the checklist to avoid a costly mistake. #LifeInsuranceTrust #ILIT #EstateTax #IrrevocableTrust #CrummeyPower #WealthTransfer #EstatePlanning #TrustsAndEstates #TaxPlanning #LifeInsurance #Finance #Business #FexingoBusiness #BusinessPodcast #Podcast #EstatePlanningTips #TrustPlanning #TaxStrategy Keep every episode free: buymeacoffee.com/fexingo

    How a Trust Can Own Life Insurance Without the Estate Tax Trap

  5. 4d ago

    How a Trust Can Own a Vacation Home Without the Family Feud

    Lucas and Luna dive into the messy, all-too-relatable world of inheriting the family cabin. Using the fictional but realistic example of the Hartley family's lake house in Michigan, they explain how a trust can hold a vacation home, lay down rules for usage, cover upkeep costs, and prevent the classic sibling drama that erupts when everyone wants the same week in July. Lucas breaks down the numbers: a $1.2 million property, a $1 million estate tax exemption in 2026, and the real costs of property taxes, insurance, and maintenance. They compare a simple tenancy-in-common arrangement with a more structured trust, and walk through how a 'usage schedule' and an 'expense fund' can keep peace. Luna presses on the human side: what if one sibling can't afford the upkeep? The answer is a buyout clause and a clear funding mechanism. If you've ever dreaded a family meeting about the lake house, this episode gives you the framework to make it less painful. #VacationHomeTrust #EstatePlanning #FamilyCabin #TrustAndEstates #Inheritance #WealthTransfer #FamilyGovernance #PropertyTax #EstateTaxExemption #GenerationSkipping #LegacyPlanning #TrustLaw #AssetProtection #FamilyBusiness #Finance #BusinessPodcast #FexingoBusiness #EstatePlanningPodcast Keep every episode free: buymeacoffee.com/fexingo

    How a Trust Can Own a Vacation Home Without the Family Feud

  6. 5d ago

    How a Qualified Severance Splits a Trust Without Tax

    In this episode of Estate Planning with Fexingo, Lucas and Luna dive into the qualified severance—a powerful but underused strategy that lets trustees split a trust into two or more pieces without triggering income or gift tax. Using a real-world example of a family trust holding both a vacation home and a portfolio of stocks, they explain how a severance can create separate trusts for different beneficiaries, lock in valuation discounts for estate planning, and even help with generation-skipping transfer tax allocation. They compare it to a simple division, highlight the IRS rules you must follow—like the 90-day deadline and the need for clear, proportional allocation—and walk through the steps to execute one properly. Whether you're a trustee facing family tension or an advisor looking for a flexible tax tool, this episode gives you a concrete understanding of how qualified severances work and why they matter. Tune in to learn how this strategy can preserve flexibility and minimize taxes for generations. #QualifiedSeverance #TrustSeverance #EstatePlanning #TrustLaw #TaxStrategy #WealthTransfer #GenerationSkippingTransferTax #TrusteeDuties #IRS #Finance #BusinessPodcast #FexingoBusiness #EstateTax #TrustAdministration #LegalStrategy #FamilyWealth #AssetProtection #SmartPlanning Keep every episode free: buymeacoffee.com/fexingo

    How a Qualified Severance Splits a Trust Without Tax

  7. 6d ago

    How a Trust Can Hold Bitcoin Without the Estate Tax Trap

    In this episode of Estate Planning with Fexingo, Lucas and Luna explore a cutting-edge angle: using a trust to hold cryptocurrency. With Bitcoin's growing role in portfolios, many investors wonder how digital assets fit into an estate plan. The hosts break down the specific challenge of transferring Bitcoin without triggering estate taxes, and how a grantor trust can offer a solution. They discuss the technicalities of funding a trust with crypto, the importance of using a qualified custodian, and the tax implications of moving assets in and out of the trust. The episode also touches on the IRS's stance on digital assets and the need for proper documentation. Lucas and Luna share practical examples and cautionary tales, emphasizing the need for professional guidance. Tune in to learn how to protect your digital legacy without losing it to taxes. #Bitcoin #Cryptocurrency #EstatePlanning #TrustLaw #GrantorTrust #DigitalAssets #TaxStrategy #WealthTransfer #Finance #Investing #CryptoEstate #BitcoinTrust #EstateTax #IRS #Legacy #FexingoBusiness #BusinessPodcast #EstatePlanningWithFexingo Keep every episode free: buymeacoffee.com/fexingo

    How a Trust Can Hold Bitcoin Without the Estate Tax Trap

  8. Aug 24

    How a Trust Can Own Art and Avoid the Estate Tax Trap

    In this episode of Estate Planning with Fexingo, Lucas and Luna explore a niche but powerful strategy: using a trust to own fine art and collectibles. They dive into the specific case of a client who placed a valuable painting into an irrevocable trust, avoiding a potential estate tax hit of nearly 40 percent. The episode breaks down the mechanics: how a trust can hold art without triggering gift tax through a fractional interest discount, how the IRS views the transfer, and the common pitfalls like self-dealing and the 'retained enjoyment' rule. They also touch on the tricky issue of valuation — how do you value a Monet when it hasn't sold in decades? Listeners will learn one concrete takeaway: a properly structured trust can not only preserve wealth but also protect the art itself from a forced sale after death. Lucas and Luna keep it practical, with real-world examples and conversational honesty about the risks. No ads, just smart planning for families who want to pass down more than money. #EstatePlanning #TrustLaw #ArtCollecting #WealthTransfer #EstateTax #IrrevocableTrust #FamilyWealth #Finance #FexingoBusiness #BusinessPodcast #PassingWealth #ArtValuation #FractionalInterest #GiftTax #ProbateAvoidance #Collectibles #LegacyPlanning #IRS Keep every episode free: buymeacoffee.com/fexingo

    How a Trust Can Own Art and Avoid the Estate Tax Trap
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About

Lucas and Luna navigate the architecture of wealth transfer—wills, trusts, estate taxes, and the legal structures that govern inheritance. Every episode is built around a specific instrument or strategy: from revocable living trusts to generation-skipping transfer taxes, from charitable remainder trusts to the nuances of probate in different states. Lucas brings the regulatory precision, citing IRS code sections and recent court rulings; Luna pushes on the human side—how families actually make decisions, avoid conflict, and communicate intent across generations. The listener is the high-net-worth individual, the family office adviser, or the estate-planning attorney who wants to understand both the letter of the law and the art of the conversation. Together, they dissect real-case scenarios: a tech founder with illiquid equity, a blended family with competing heirs, a couple navigating Medicaid planning. No hypotheticals without numbers, no principles without examples. Each show ends with a tension—how do you balance control with flexibility? How do you protect wealth without stifling the next generation's ambition? #EstatePlanning #WillsAndTrusts #InheritanceTax #FamilyWealth #TrustStructures #Probate #GenerationSkipping #CharitableTrusts #MedicaidPlanning #EstateTax #LegacyPlanning #WealthTransfer #Finance #FexingoBusiness #BusinessPodcast #EstateAttorney #FamilyOffice #AssetProtection Keep every episode free: buymeacoffee.com/fexingo

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