Episode 181: Return On Hassle, Moving Assets Into Revocable Trust, & Giving Money To Minors

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management, this week as he discusses a variety of timely investing and financial planning topics, including: **\*\*\*Upcoming Live FALL Webinar:** Thursday, October 22nd @ 8:30am featuring Matthew Rappaport from Falcon Rappaport & Berkman based in Long Island, New York and he will be speaking on “Tax Issue Spotting for Non-Tax Lawyers.” RSVP here: https://us02web.zoom.us/webinar/register/WN\LRv\-3m1TR6Q4HV58rL-wQ 1. Talking points: Return on Hassle: Save on Taxes or Minimize Headaches? 2. This week’s quote is from The Talmud on taking too much. 3. How should we give money to our minor grandchildren — through a trust, a 529 plan, a UTMA/UGMA account, or by gifting funds to their parents for the children’s benefit? 4. What financial guidance applies to someone in their 20s who is single, living at home, and wants to maximize this stage of low expenses and high flexibility? 5. Why can’t an IRA be moved into a revocable trust, and how should IRAs be handled when using trusts for estate planning? 6. When does a Roth IRA conversion not make sense, and what factors should be considered before doing one? 7. Timely Planning Idea: Your retirement move may cost more than you think. **\*\*\*My FIRST book: D is for Diversification: The ABCs of Personal Finance** available on Amazon or at www.JonathanOnMoney.com\\\* Stay connected: 1\) Questions? Comments? Reach out to [Jonathan@ParkBridgeWealth.com](mailto:Jonathan@ParkBridgeWealth.com) 2\) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3\) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4\) WATCH my daily financial planning videos @JonathanOnMoney: Instagram | X | YouTube | LinkedIn * * * Hosted on Acast. See acast.com/privacy for more information.