Guest:  Joel Bruckenstein

From CRM, financial planning, and risk tolerance software to cybersecurity resources and digital marketing tools, the 2020 T3/Inside Information Advisor Software Survey covers wide ground. Joel Bruckenstein shares the highest rated tools, his expert insights, and trends that he’s seeing in this PFP Section podcast. Takeaways include:

• The movement towards all in one solutions
• How the pandemic has increased the speed of software adoption
• Heightened attention to tools that improve the client experience
• What financial planners consider their top three most valuable tools
• The answers to the most essential and basic questions you have about technology

Access resources related to this podcast:

• T3/Inside Information 2020 Advisor Software Survey full report – (https://www.aicpa.org/content/dam/aicpa/interestareas/personalfinancialplanning/resources/pfppracticemanagement/downloadabledocuments/software-survey.pdf)
• Technology for a Tax and Financial Planning Business hub (https://www.aicpa.org/interestareas/personalfinancialplanning/resources/pfppracticemanagement/planning-tax-advisory-services-technology-toolkit.html)

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice.  Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

Don’t miss an episode.  Subscribe to our podcast series on iTunes, Pod-o-Matic or Spotify. Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guests:  Jean-Luc Bourdon, CPA/PFS, CFP®

The fear of uncertainty in the current times requires having skillful conversations to bring calm and comfort to your clients. Jean-Luc Bourdon, CPA/PFS, shares how to create an environment where your clients feel safe to discuss their deepest concerns and desires in this PFP Section podcast. He provides pointers such as:

• Rules he follows to ensure his clients are clear and comfortable
• Listening skills for the purpose of connecting versus responding
• How to increase IQ, problem solving, trust, resiliency, sense of identity, and goal orientation
• The art of coaching versus the science of technical expertise   

Access other resources to increase your connection with clients:

• What’s next: life after the pandemic (https://future.aicpa.org/resources/podcast/whats-next-life-after-the-pandemic)
• How to help clients make good decisions in times of change (https://future.aicpa.org/resources/podcast/how-to-help-clients-make-good-decisions-in-times-of-change)
• How to deepen client relationships during the pandemic (https://future.aicpa.org/resources/podcast/how-to-deepen-client-relationships-during-the-pandemic)

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

Don’t miss an episode.  Subscribe to our podcast series on iTunes, Pod-o-Matic or Spotify. Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guests:  Brooke Salvini, CPA/PFS and Brian Gordon, CLTC

The pandemic has highlighted the need to have plans in place for healthcare. You can add value to your clients by having conversations to help them understand their options for long term care. In this episode, Brooke Salvini, CPA/PFS, and LTC expert, Brian Gordon guide you through what you need to know such as:

• New criteria used for the application process
• Available options when premium costs go up
• Questions to ask when reviewing policies
• Making claims on policies
• Tax free exchanges to repurpose money 

Access the related resources from this podcast:

• Part one of the importance of addressing long-term care planning - https://www.aicpa.org/interestareas/personalfinancialplanning/cpeandevents/learning-library.html
• The Adviser’s Guide to Retirement and Elder Planning: Financing Retirement Healthcare - https://www.aicpa.org/interestareas/personalfinancialplanning/resources/retirementplanning/longtermcare.html

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice.  Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

Don’t miss an episode.  Subscribe to our podcast series on iTunes, Pod-o-Matic or Spotify. Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guests:  Brooke Salvini, CPA/PFS and Brian Gordon, CLTC

Whether you have clients who are currently receiving care or planning for their long-term health and finances, you can guide them by understanding the LTC insurance industry and how the landscape is changing as a result of COVID-19. You’ll be better informed as you listen to Brooke Salvini, CPA/PFS, and LTC expert, Brian Gordon, discuss:

• What insurance companies are doing differently when underwriting policies as a result of COVID-19
• Balancing how much to self-fund and how much to insure
• The sweet spot for timing to purchase a long-term care policy
• The types of policies and the must-have features to help your clients find the right fit

Access the related resource from this podcast:

• The Adviser’s Guide to Retirement and Elder Planning: Financing Retirement Healthcare  https://www.aicpa.org/interestareas/personalfinancialplanning/resources/retirementplanning/longtermcare.html

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice.  Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

Don’t miss an episode.  Subscribe to our podcast series on iTunes, Pod-o-Matic or Spotify. Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guest:  Steve Siegel, JD, LLM

The coronavirus pandemic highlights the importance of estate planning, regardless of wealth. As your client’s most trusted adviser, it’s important to initiate discussions to ensure their planning is in order. In this episode, Steve Siegel walks you through the core concepts, including:

• Documents everyone should have in place
• The importance of reviewing beneficiary designations
• Considerations for college-age children
• Dangers of boiler plate healthcare directives in light of the pandemic
• Aspects to consider when appointing POAs, executors, trustees, and guardians

Access the related resource from this podcast:

• The in-depth Adviser’s Guide to Financial and Estate Planning (www.aicpa.org/pfpguides)

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice.  Also, by the CPA/PFS Credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

Don’t miss an episode.  Subscribe to our podcast series on iTunes, Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guest:  Ted Sarenski, CPA/PFS

If you’re looking for one of the best tax deals around, look no further than a HSA for its trifecta of benefits. Contributions are tax deductible, growth is tax free, and qualified withdrawals are not taxable. Explore the ins and outs of HSAs and why they should be considered for every retirement plan in this PFP Section podcast episode brought to you by Ted Sarenski, CPA/PFS. Learn:

• How to use HSAs as a powerful vehicle for retirement savings
• How HSAs integrate with your overall financial plan
• What happens if you are no longer employed
• What you need to know about the 2020 rules

Access the related resources from this podcast:

• Be prepared to best serve your clients with The Adviser’s Guide to Retirement and Elder Planning (www.aicpa.org/pfpguides), a 4-part series covering these important client planning decisions.
• Hone your skills in all areas of personal finance with your CPA/PFS credential (aicpa.org/pfs).

This episode is brought to you by the AICPA’s Personal Financial Planning Section (www.aicpa.org/pfp), the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice.  Also, by the CPA/PFS Credential program (www.aicpa.org/pfs), which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

Don’t miss an episode.  Subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guest:  Bob Keebler, CPA/PFS

Be prepared to shift some of your tax and financial planning strategies if there is a change in administration with the coming election. Learn about tax policy themes and potential planning opportunities from Bob Keebler, CPA/PFS, including: 

• Payroll taxes on high income earners
• Marginal tax rate and the capital gains rate for high income individuals
• Basis step-up at death and other estate and gift tax rules
• Non-qualified and incentive stock options and deferred compensation
• Planning strategies to consider now and post-election to best serve your clients

Access the related resources from this podcast:

• Proactive Planning Toolkit for resources, guides, podcasts, and charts from Bob Keebler - www.aicpa.org/pfp/proactiveplanning
• PFP News delivered to PFP and PFS member inboxes on Wednesdays
• Post-election year-end planning webcast on November 10^th - https://www.aicpa.org/pfp/events

The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Don’t miss an episode. Subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guests:  Bob Keebler, CPA/PFS and Jonathan Blattmachr, Esq.

In this episode, learn what happens when a client gifts and sells property to an intentionally defective grantor trust and passes away 15 years later. Bob Keebler and Jonathan Blattmachr discuss the following topics related to the basis of the property: 

• How is the basis of property determined?
• What are exceptions to the income tax free step-up in basis rule?
• Why is an installment sale to a grantor trust so powerful?
• What do proposed regulations say about the tax-free step up in basis and what may happen post-election?

Access the related resources from this podcast:

• The in-depth Adviser’s Guide to Financial and Estate Planning – www.aicpa.org/pfpguides
• Learn more about the installment sale to a grantor trust strategy in the podcast, How to help clients take advantage of low interest rates – www.aicpa.org/pfp/library

The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guest:  Bob Keebler, CPA/PFS

The potential for imminent estate tax law changes coupled with a low interest rate environment makes this an opportune time to transfer wealth. Bob Keebler goes in-depth with responding to the following questions that will help you help your clients: 

• Why do you need to start educating clients now about how to protect their estate and gift tax exemption?
• What is the most powerful transaction you can use to transfer wealth right now and how does this compare to a GRAT?
• How do you balance bet to live and bet to die strategies?
• When are dynasty trusts, private annuities, and split-dollar life insurance effective planning strategies?

Access the related resources from this podcast:

• Slides that accompany this video podcast
• The Proactive Planning Toolkit - www.aicpa.org/pfp/proactiveplanning
• The Adviser’s Guide to Financial and Estate Planning - www.aicpa.org/pfpguides
• Other estate planning resources like Steve Oshin’s planning charts at www.aicpa.org/pfp/estate

The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify! Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.

Guests:  Lyle Benson, CPA/PFS & Susan Bradley, founder of Financial Transitionist® Institute

Your clients look to you for more than just numbers. You can help them through the human and personal dynamics of transition. Lyle Benson CPA/PFS, facilitates a conversation with Susan Bradley on how to skillfully help clients move through the pandemic. You will learn:

• What is the financial transition model you can use with clients?
• What are three questions to ask your clients in the midst of transition?
• How can you effectively guide a client from what was to what will be?
• How do you put together the two sides of money – technical and personal – to guide decision-making for your client?

Access the related resources from this podcast:

• Slides that accompany the podcast
• Key takeaways from AICPA Personal Financial Planning Summit 2020
• Planning ideas and more during the pandemic - https://www.aicpa.org/pfp/covid19
• Learn more about Susan’s Financial Transitionist® Institute - https://financialtransitionist.com/

The episode is brought to you by the AICPA’s Personal Financial Planning Section (www.aicpa.org/pfp), the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice and by the CPA/PFS Credential (www.aicpa.org/pfs) program which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast series on iTunes or Pod-o-Matic or Spotify!. Just search for “AICPA Personal Financial Planning” on any Apple, Android or Windows device.