The podcast episode features Chad & Rob discussing various financial topics related to wealth management, retirement planning, and estate protection. Throughout the episode, Chad covers a range of subjects, including the current economic landscape, market trends, interest rates, and inflation. He emphasizes the importance of tax planning, insurance reviews, and estate planning in the context of financial management. Chad also delves into the significance of alternative investments, such as private equity, private lending, and private real estate, for portfolio diversification and wealth preservation. The episode provides insights into the role of a wealth manager versus an investment advisor, highlighting the comprehensive approach of a certified financial planner in addressing various financial aspects beyond just managing investment portfolios.

Furthermore, the episode touches on the basics of estate planning, including considerations for individuals with children and the need for life insurance coverage. Chad discusses the transition from basic estate planning to advanced estate planning, focusing on the complexities of leaving substantial assets to heirs and the importance of financial education for beneficiaries. Advanced estate planning involves strategies to protect and distribute wealth effectively, considering factors like inheritance taxes, asset protection, and the long-term financial well-being of future generations. The episode underscores the value of seeking professional guidance from a certified financial planner to navigate the intricacies of estate planning and ensure a comprehensive approach to managing one's financial legacy.

Timestamps:

[00:01:23] Inflation and the economy update.

[00:06:35] Portfolio transition for dividend focus.

[00:09:37] Alternative Investments for Retirement.

[00:12:15] Direct lending and private equity.

[00:14:32] Retirement portfolio diversification strategies.

[00:19:08] Social movement in stock market.

[00:22:21] Real estate investment analysis.

[00:27:20] Wealth management and real estate.

[00:30:37] Jobless claims and consumer trends.

[00:34:45] The Bored Ape Yacht Club

[00:37:04] Estate planning and dog liability.

[00:39:52] Importance of reviewing insurance.

[00:44:56] Advanced estate planning

[00:47:02] Leaving money to family.

[00:49:56] Keeping assets separate for love.

[00:53:14] Trusts explained clearly.

[00:57:54] Charitable remainder unit trust.

[00:59:49] Wealth management and relationships.

[01:05:06] Real estate investment strategies.

[01:07:28] 1031 exchange for real estate.

[01:11:01] Interest Rate Environment

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com