Legacy Lawyers
133 episodes - English - Latest episode: 4 months ago - ★★★★★ - 5 ratingsWe talk about the juicy details of cases that our law firm has dealt with. (Of course changing the names and details to protect attorney client privilege) Without using lawyer talk and legalese, we dive into what options our clients were faced with to fix their situation.
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Episodes
Learn About The New Legacy IRA [102]
January 04, 2024 18:43 - 20 minutes - 19.1 MBIn the latest episode, Nathan and Michael explore the advantages of Legacy IRA, particularly for individuals who have retired around the age of 70-71. They shed light on a beneficial option within the tax code that provides a tax-efficient strategy for retirees engaged in charitable giving.
Don't Let Estate Fraud Happen To You [Ep. 101]
November 02, 2023 16:15 - 22 minutes - 20.6 MBIn this new episode, Michael and Nathan discuss a potential estate fraud of a wealthy man with no living heirs. This episode walks you through the situation and how to avoid possible fraud by writing your estate plan.
Did the IRS Just Change the Tax Rules for ALL Irrevocable Trusts! Nope [Ep. 100]
October 25, 2023 17:30 - 18 minutes - 16.9 MBNathan and Micheal talk about Irrevocable trust. This episode clears up confusion some financial advisers and media sources shared about the recent interpretation sent out by the IRS for irrevocable trusts.
Get Free Insurance on Your Bank Account Using a Trust [Ep. 99]
October 20, 2023 16:56 - 27 minutes - 25 MBIn this episode, Nathan and Michael discuss more about trusts, banks, and money. If you're looking to leave money to your family, you'll want to listen to this episode to discover how you can possibly get insurance on your bank account for free.
Don't Get Blindsided By A Conservatorship [Ep. 98]
September 01, 2023 17:05 - 31 minutes - 29.3 MBNathan and Michael discuss an ongoing conservatorship case that has caught the attention of many. That's right, in this episode they talk about a recent filing from Michael Oher, whose story was shown in the popular movie "The Blind Side." Listen to this episode to learn more about the case and conservatorships.
Can You Protect Your Estate Plan From Attacks? [Ep. 97]
August 17, 2023 17:28 - 37 minutes - 34.2 MBIn this new episode, Michael and Nathan discuss the ins and outs of protecting your estate plan. From who you tell about your plan, to who you should or shouldn't cut out, this episode covers it all. Learn more about who you should have your estate plan written by, where you should keep it, and more.
The Queen of Soul Made a Mess With Her Handwritten Wills [Ep. 96]
July 21, 2023 23:21 - 21 minutes - 19.7 MBHandwriting your living will may seem like a good idea. However, without the assistance of a trusted legal advisor, it could cause more trouble for your family. In this episode, Nathan and Michael discuss the handwritten wills of Aretha Franklin, which led to an extensive court case over many years. It is always smart to consult a lawyer regarding your will.
Can an ESOP Allow You to Sell Your Business Tax Free? [Ep. 95]
July 17, 2023 21:00 - 27 minutes - 25.4 MBIn this episode, Nathan and Michael discuss an Employee Stock Ownership Plan (ESOP), which can allow business owners to sell their company in a way that saves on taxes. An ESOP is a very articulate plan that can have benefits for your future generations. Learn more about employee stock ownership plans in this educational and entertaining episode.
What Went Wrong With The Kouri Richins Prenup? [Ep. 94]
July 07, 2023 21:00 - 30 minutes - 28.1 MBNathan and Michael dive deeper into the Richins case in this fascinating episode. Learn more about prenups, wills, and the slayer statute through this ongoing case.
What to Know Before You Sue a Sibling Over Your Inheritance [Ep. 93]
June 29, 2023 22:57 - 30 minutes - 28.1 MBThe actual cost of litigation of inheritance is revealed in the episode Nathan and Micheal discuss what you should know before you sue a sibling. Learn more about how proper estate planning can prevent ugly litigation from happening and how to determine if litigation is necessary.
What to Do to Avoid Abuse by a Power of Attorney [Ep. 92]
June 16, 2023 22:39 - 35 minutes - 32.6 MBIn this new episode, Nathan and Michael discuss a case where a power of attorney went wrong. It's important to be cautious with who you choose as your power of attorney and be educated on your options. However, a power of attorney is a great tool you are able to use. Learn all about this case and power of attorneys in this educational episode.
How Long Should You Keep Working, Another Case of Elder Fraud, and More Options for Assisted Suicide [Ep. 91]
May 18, 2023 22:25 - 24 minutes - 22.5 MBIn this episode, Nathan and Michael discuss a few recent cases they have learned about. Learn more about how waiting for retirement may benefit you, how to protect yourself and your family from elder fraud, and new legislature regarding assisted suicide in this all-inclusive episode.
A New Way to Fight Elder Abuse [Ep. 90]
May 04, 2023 22:18 - 30 minutes - 28.2 MBElder abuse is becoming more prominent in today's world, which is a concern for all of us. In this episode, Nathan and Michael discuss a new way that parents and grandparents can be protected from elder abuse and undue influence. Listen to this episode to learn more!
Why a Two Week Trial Over a Ski Accident Relates to Your Estate Planning [Ep. 89]
April 20, 2023 23:33 - 17 minutes - 16.1 MBIn this episode, Nathan and Michael discuss a recent trial that occurred in Park City, Utah involving actress Gwyneth Paltrow. Accidents can occur at any time, and being prepared is the best thing to do. This case highlights why it is important to discuss estate planning with a trusted legal advisor. Listen to find out more!
How Much Does a Will or Trust Cost [Ep. 88]
April 13, 2023 21:47 - 36 minutes - 33 MBPricing is a very important part of will or trust planning. In this episode, Nathan and Michael explain why certain attorneys charge what they do and what you are receiving for that price. If you're looking into having a will or trust drafted up by an estate planning attorney, this is an episode you will want to hear first!
Be Like Kobe - Mamba Estate Planning [Ep. 87]
March 21, 2023 21:56 - 20 minutes - 19 MBIn this episode, Nathan and Michael discuss the trust of well known basketball player Kobe Bryant. While his trust was well executed for the most part, there was a mistake in his estate planning that his family had to correct after his death. This episode helps explain why it's important to always consult a trusted estate planning lawyer.
You Could Be Financially Liable for Your Partner’s Fraud Without This Planning [Ep. 86]
March 15, 2023 00:07 - 28 minutes - 25.8 MBEntering a business partnership can be very beneficial, however, it can also hold you liable for your partners mistakes, including fraud. In this new episode, Michael and Nathan discuss a recent case where an individual attempted to claim bankruptcy but wasn't able to because their partner committed fraud. It's important to be careful who you do business with!
Don't Let a Romance Scam Ruin Your Estate Plan [Ep. 85]
March 01, 2023 00:41 - 38 minutes - 35.5 MBThe internet and social media can be a scary place, especially for seniors and those vulnerable to scams. In this episode, Michael and Nathan discuss a few cases where individuals have fallen victim to online scamming and the effects it has had on numerous families. By making a plan with a trusted legal advisor, you and your loved ones can better shield yourself from the effects of frauds on the internet.
If You Have Any Artwork, Then, Please Take These Extra Steps in Your Trust Planning [Ep. 84]
February 22, 2023 19:29 - 29 minutes - 26.7 MBIn this episode, Nathan and Michael discuss a case in which the ownership of physical pieces of artwork is questioned. If you are an artist or have purchased original artwork, listen to this episode to learn more about what additional steps you need to take in your estate planning.
What Lisa Marie Taught Us About Amending a Trust [Ep. 83]
February 14, 2023 23:55 - 26 minutes - 24.7 MBLisa Marie shows us exactly why you should always consult a trusted legal advisor about amending your trust. Join Nathan and Michael in this episode as they discuss where Lisa Marie went wrong and why it is important to handle your trust correctly with an estate planning attorney.
The 529 Has Become the Best Investment Vehicle of Them All [Ep. 82]
February 07, 2023 22:35 - 25 minutes - 23.5 MBA 529 is a great way to save money for your child's higher education. But, what happens if they choose not to go to college? In this episode, Michael and Nathan discuss more about the Secure Act 2.0 and some new laws regarding 529 accounts and Roth IRA's.
Can AI Replace an Estate Planning Attorney? [Ep. 81]
January 31, 2023 23:47 - 37 minutes - 34.6 MBIn today's episode, Nathan and Michael put Artificial Intelligence program ChatGPT to the test to see if AI can do what an Estate Planning Attorney does. While AI can be impressive, it may not know specifics. You should always consult a trusted attorney for legal advice on your specific situation.
What Everyone Needs to Know about the Secure Act 2.0 [Ep. 80]
January 24, 2023 23:07 - 32 minutes - 29.9 MBThe Secure Act 2.0 recently passed, and it may have an effect on how you handle your finances. In this episode, Nathan and Michael discuss the Secure Act 2.0 in depth to help listeners have a better understanding of what this act is and how they may benefit from it. Always talk to trusted legal and financial advisors to learn more about how this act may impact you individually.
The Tax Law Every Business Owner Needs to Know Before New Year's Eve [Ep. 79]
December 16, 2022 18:55 - 26 minutes - 23.8 MBIf you own a business, this is an episode you need to listen to immediately! Michael and Nathan discuss a recent tax law that was introduced in Utah and some other states that can help business owners save thousands of dollars if paid before the new year. This episode discusses more about tax planning and what this new tax law could do for you.
Are You Buying Fractional Ownership of a Vacation Home? [Ep. 78]
December 14, 2022 01:33 - 33 minutes - 31 MBIn this episode, Nathan and Michael discuss the ins and outs of fractional ownership when it comes to vacation homes. While fractional ownership can be a less expensive way to own a vacation home, are the fees and associated risks worth it? Find out by listening to this deep dive into how some of the companies behind these homes work and why you should always hire a legal consultant before entering a fractional ownership agreement.
Fight Inflation by Recasting your Mortgage [Ep. 77.]
November 29, 2022 21:15 - 33 minutes - 30.8 MBMortgages can be expensive and confusing, especially if you're looking to purchase a new home and haven't sold your old house yet. In this episode, Nathan and Michael discuss a method called loan recasting, which can help reduce mortgage payments when you're moving. They expand on a story from a recent client and explain why it's important to read the terms to your loan and have a trusted legal advisor if issues arise.
Does your will have an In Terrorum Clause? (AKA no contest clause) [Ep. 76.]
November 23, 2022 00:01 - 23 minutes - 21.4 MBWhat exactly is an In Terrorum Clause? That's precisely what Nathan and Michael explain in this episode. This type of clause is better known as a no contest clause and can help protect your family from greedy beneficiaries after you pass. This episode educates listeners on what a no contest clause does and why you should have one in your living will.
When DIY is NOT the Best Option! [Ep. 75.]
November 01, 2022 22:20 - 19 minutes - 18 MBNathan and Michael understand that, at times, it's easier to do things yourself. When it comes to legal issues, however, that is something you do not want to DIY. In this episode, they discuss a recent legal case where a man chose to represent himself in court and the consequences of doing things yourself when you need a skilled professional.
What do Reverse Gifting, Chuck Norris and Protein Shakes Have in Common? [ Ep. 74 ]
October 25, 2022 19:27 - 37 minutes - 34.5 MBIn this episode, Nathan and Michael discuss a tax planning strategy that can benefit those that own more than one property. With property value and taxes increasing, this episode educates listeners on what reverse gifting is and how it may save you money when discussed and planned with a trusted legal advisor.
Why Don't Celebrities Have a Will? [Ep. 73]
October 11, 2022 21:58 - 26 minutes - 24.6 MBYou may be surprised to find that many celebrities have no legal plans set forth for their estate after they pass. Nathan and Michael discuss the recent death of a celebrity, Anne Heche, that didn't have a living will. The implications of which have caused stress and contention among her surviving family members. This episode helps educate why creating a living will with a trusted legal advisor is an important step to take.
Write Your Own Obituary or This Could Happen to You! [Ep. 72]
September 20, 2022 22:02 - 27 minutes - 25.1 MBHave you ever wondered what your family might say about you after you've passed? In this episode, Nathan and Michael discuss a very interesting obituary written by a family member. With many uncertainties after death, they address the importance of writing documents such as an obituary, living will, and an advance directive with a trusted legal advisor.
Never, Never, Never Add Someone Else's Name to Your Home's Deed
September 13, 2022 23:09 - 45 minutes - 41.9 MBIn this episode, Nathan and Michael discuss many different reasons why you should never put someone else's name on the deed of your home. From horror stories of theft and eviction to normal situations that face tax repercussions, this episode helps educate individuals on why getting a trusted advisor before making these decisions is crucial.
Never, Never, Never Add Someone Else's Name to Your Home's Deed [Ep. 71]
September 13, 2022 23:09 - 45 minutes - 41.9 MBIn this episode, Nathan and Michael discuss many different reasons why you should never put someone else's name on the deed of your home. From horror stories of theft and eviction to normal situations that face tax repercussions, this episode helps educate individuals on why getting a trusted advisor before making these decisions is crucial.
You Can Still Qualify for the Employers Retention Credit [Ep. 70]
September 08, 2022 21:19 - 42 minutes - 38.5 MBWere you affected by COVID-19? In this episode, Nathan and Michael go over employee retention credit. Whether you are an employer or employee, it is important to understand what is accessible to you and how it all works. They discuss deadlines, how the refunds work, and recommendations for moving forward.
Can Anyone Leave Wealth for Generations [Ep. 69]
August 30, 2022 23:00 - 27 minutes - 24.9 MBIn this episode, Nathan and Michael discuss the differences between the 17th century and present-day law regarding old money, trusts, and inheritance. Understanding the importance of a trusted legal advisor can help protect your money and family for years to come.
Don't Make The Same Mistakes As Britney Spear's Guardian [Ep. 68]
August 11, 2022 17:00 - 25 minutes - 23.6 MBIn this episode, Nathan and Michael take you a little bit deeper into the life of Britney Spears to uncover legal procedures going on in her life. Things really do not get easier when a celebrity is involved in legal procedures.
Email After You Die [Ep. 67]
August 04, 2022 15:00 - 29 minutes - 27.3 MBDo you ever feel like someone is listening to you? What about Alexa, Google, and Siri? What if you could listen to a deceased family member's voice again? Well, it might soon be possible with Amazon's Alexa. The advancement of technology is bringing significant benefits, but there also comes great challenges.
Pay Your Parent's Debt [Ep. 66]
July 28, 2022 22:16 - 42 minutes - 39.1 MBWho becomes responsible for your significant other's debt when they pass away? You may be surprised that credit card companies will come after you, expecting to be paid. Always be extremely careful when signing onto a credit card with someone because you are also responsible for all the debts on that card.
Mother Gives Birth to Daughter's Child [Ep. 65]
July 21, 2022 20:43 - 33 minutes - 30.5 MBWhat happens legally when a Mother of 8 decides to have her daughter's child? A mother chooses to be a surrogate for her daughter who struggles with infertility. That decision was a very gracious one, but defining this grandchild/child becomes challenging.
Mother Gives Birth to Daughters Child [Ep. 65]
July 21, 2022 20:43 - 33 minutes - 30.5 MBWhat happens legally when a Mother of 8 decides to have her daughter's child? A mother chooses to be a surrogate for her daughter who struggles with infertility. That decision was a very gracious one, but defining this grandchild/child becomes challenging.
Can an ex-spouse get life insurance at death? [Ep. 64]
June 07, 2022 20:00 - 28 minutes - 26.2 MBDo you know if an ex-spouse can get life insurance at death? Mike and Nathan will give you the answer in this episode when they talk about a case where this situation came up.
What Happens with Cremation Ashes in Australia? [Ep. 63]
May 24, 2022 14:00 - 28 minutes - 25.9 MBLegacy Lawyers, Mike and Nathan discuss an interesting law Australia has for ashes from cremation and how it's different in the United States. Are you familiar with what can legally be done with your ashes if you choose to be cremated?
Medicaid. Being Lost In A Desert Wasteland. [Ep.62]
May 17, 2022 18:15 - 58 minutes - 53.7 MBIf you have ever applied for Medicaid, or helped a loved one apply then the title of this episode probably resonates with you. It might even strike a nerve. Mike and Nathan discuss what applying for Medicaid is like, the issues that can come up and how to make it a smooth and successful experience.
The First Thing A Trustee Should Do After A Death [Ep. 61]
May 10, 2022 18:00 - 43 minutes - 39.8 MBAre you the Trustee of someone's trust? Do you know the crucial first steps you should be taking when someone passes away? Are you the beneficiary of a trust? Do you know what the Trustee should be doing? Being the Trustee comes with a lot of legal obligation. Listen to this episode to learn what to do as a Trustee to avoid drama and lawsuits.
What Triggers A Buy-Sell Agreement? [Ep. 60]
May 04, 2022 00:00 - 34 minutes - 31.8 MBMike and Nathan explain what a buy-sell agreement is, as it's commonly mistaken as a contract to sell a business. Learn what you need to know about this agreement and what triggers it.
The Mystery of Tokenized Real Estate [Ep. 59]
April 26, 2022 18:30 - 52 minutes - 48.3 MBIf real estate interests you, then you'll want to tune into this episode of Legacy Lawyers. Mike and Nathan explain real estate tokens, how they work and how understanding how they work could put you ahead in the real estate game.
Did Physician Assisted Suicide Just Get Easier? [Ep. 58]
April 19, 2022 16:15 - 31 minutes - 29.2 MBDid physician assisted suicide just become more accessible? Is there a way to have your family carry out your wishes? Mike and Nathan discuss a case where a client wanted this option and how it was handled.
Don't Make This Common Mistake with Your Bank Account [Ep. 57]
April 12, 2022 17:15 - 45 minutes - 41.4 MBDid you know there's a very common mistake people make with their bank accounts? Banks and Credit Unions don't even warn you about it, but Mike and Nathan do in this episode of Legacy Lawyers.
If you leave money to a charity, don't make these mistakes. [Ep. 56]
April 05, 2022 14:00 - 50 minutes - 46.7 MBMike and Nathan discuss some cases where money was suppose to be left to charity but mistakes were made. They educate listeners on how to avoid these mistake so their family can carry out their wishes and not have a mess to deal with.
How Someone Can Commit Home Theft Without You Knowing Until It's Too Late [Ep. 55]
March 29, 2022 18:30 - 30 minutes - 27.9 MBLegacy Lawyers talk about how breaking and entering isn't the only kind of home theft. And how it can easily happen to anyone.