100 episodes

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.

Absolute Trust Talk Kirsten Howe: Attorney and podcaster

    • Business
    • 5.0 • 18 Ratings

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.

    Revocable or Irrevocable Trust: Which is Right for Me?

    Revocable or Irrevocable Trust: Which is Right for Me?

    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 trust is right for your specific circumstance? Press play and listen in for more details, and of course, when you meet with your estate planning attorney, they will help ensure you’re making the right decision to protect your loved ones and your future. 
    Time-stamped Show Notes: 
    0:00 Introduction
    0:55 A revocable trust is what we typically do in our practice, which gives you control over everything in your trust, you are in charge. 
    1:10 An irrevocable trust is used to give everything away; you can’t change it. 
    1:58 Next, Madison discusses in more detail why you would want to use an irrevocable trust and how they are set up. 
    4:40 If you’re worried about being sued, that may be another issue. Your trust isn’t generally going to protect you from something like that. Here’s what you need to know. 

    • 7 min
    Understanding Multigenerational Estate Planning Part 2

    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. 

    • 13 min
    Understanding Multigenerational Estate Planning Part 1

    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!

    • 26 min
    Cher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance Abuse

    Cher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance Abuse

    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 Absolute Trust Talk for an in-depth analysis of this situation and to explore possible measures Greg Allman might have taken to avert such a conservatorship scenario.
    Time-stamped Show Notes:
    0:00 Introduction
    1:09 Madison Gunn fills us in on the conservatorship case for Cher’s son, Elijah Blue Allman. In short, Cher is concerned Elijah will use his father’s trust money to feed his drug addiction.
    2:24 Next, we look at how this conservatorship case differs from the others we’ve recently covered in that the others were to make sure someone with dementia could get the care they need.
    3:14 Another major difference in this case is that Elijah Allman does not agree with the conservatorship and will contest it in court.
    4:23 Estate Planning Lesson: Greg Allman likely knew of his son’s drug problem and could have put provisions in his trust for this possibility.
    6:52 As we wrap up, we want to drive home this message: You can always plan ahead if you’re concerned about your child(ren)’s management of their portion of the trust.

    • 7 min
    Beach Boys Founder Brian Wilson Suffering from Dementia as Reps Seek Conservatorship

    Beach Boys Founder Brian Wilson Suffering from Dementia as Reps Seek Conservatorship

    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 learn more about the conservator process and how to avoid these complications yourself.
     
    Time-stamped Show Notes:
    0:00 Introduction
    2:07 To start, Madison gives us an overview of the case with Brian Wilson, who now has to file for conservatorship because he never named a backup healthcare directive.
    3:47 Now, we dive deeper into the more complex details of Mr. Wilson’s situation and the possibilities we see with the petition process.
    5:26 Unfortunately, these issues are not new for Mr. Wilson, who seemed to have been taken advantage of in the past.
    06:08 Here’s the big takeaway from this episode: Name backups on your estate planning documents. You need options!

    • 8 min
    The Costly Truth of Ignoring Estate Planning Like Jay Leno

    The Costly Truth of Ignoring Estate Planning Like Jay Leno

    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 and very public conservatorship court proceedings, among other protections.
    Time-stamped Show Notes:
    0:00 Introduction
    0:53 To kick things off, Madison is shedding light on conservatorship and how it applies to the Jay Leno court proceedings.
    1:57 Jay and his wife Mavis have been married for a long time and don’t have any children. He is her heir if she were to die first, so why is he worried about an estate plan now?
    3:36 This isn’t the typical way to go about estate planning, and it certainly isn’t ideal. Listen in a Madison discusses some of the issues with the approach Jay Leno is taking.
     

    • 9 min

Customer Reviews

5.0 out of 5
18 Ratings

18 Ratings

lyndsynichols ,

Great Podcast

I was a guest speaker for the podcast, and absolutely loved it. It was an easy experience, and I loved contributing to such a useful, and educational talk. Would reccomend to anyone!

Johno6468 ,

Helpful for all

Kristen interviews professionals ina way that brings useful information to both professionals and individuals seeking to get smarter about their own financial, tax and estate strategies.

Luv2Ski59 ,

Runner

These podcasts are full of useful and helpful information. Also, they're quite fun to listen to. Thanks for sharing this valuable content.

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