Petros Family Wealth
Petros Family Wealth
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How to Talk to Parents About their Estate Plan
Navigating conversations about estate plans with your parents can be challenging. In this video, we break down effective strategies for initiating and managing these important discussions. Get expert tips and practical advice to ensure a respectful and productive dialogue. Thanks for watching!
Click here if you're interested in setting up an initial consult with me:
calendly.com/carl-petrosfamil...
Find us here:
www.petrosfw.com
www.linkedin.com/company/petr...
00:00 Welcome
00:22 Intro
01:50 How to approach your parents about estate planning?
02:41 Who should bring up estate planning?
03:15 Specific words and phrases to use when talking about estate planning.
07:14 Outro
Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Carl Lymangood is an employee of Petros Family Wealth. All opinions expressed by them are solely his own opinion and does not reflect the opinion of Petros Family Wealth.
Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.
Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: www.petrosfw.com/general-5
มุมมอง: 19

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Direct Indexing: Maximizing Returns with Tax Saving Strategies
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In this video we talk about direct indexing which is an approach to index investing that involves buying the individual stocks that make up an index, in the same weights as the index. This is in contrast to buying an index fund like an exchange-traded fund ( ETF) that tracks the index through one fund. Direct Indexing buys up the stocks that make up that ETF. Click here if you're interested in ...
7 Key Factors to Consider Before Filing as an S Corp
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Confused on when you should file as an S Corp? In this video we cover the benefits of S Corporation status, tax advantages, eligibility requirements, and important filing details. Maximize your business savings and stay compliant. Watch now for expert tips on making the right choice for your company's financial future! Click here if you're interested in setting up an initial consult with me: ca...
3 Reasons NOT To Convert Your Roth IRA
มุมมอง 1.4Kหลายเดือนก่อน
Considering converting your Roth IRA? Hold off until you watch this! In this video, we explore three crucial reasons why converting your Roth IRA might not be the best move for you right now. Whether you're thinking about taxes, future income projections, or long-term financial strategies, understanding these points could save you from potential pitfalls. Watch till the end to make an informed ...
The Ultimate Guide to Retiring at 65 with 750k
มุมมอง 7174 หลายเดือนก่อน
Learn key strategies to retire at 65 with $750k! Explore expert advice on retirement planning, investments, and financial security for a worry-free future. Whether you're starting or nearing retirement, this video provides essential tips and insights to help you achieve your goals. Don't miss out on securing your golden years! Click here if you're interested in setting up an initial consult wit...
When Should I File For Social Security with Roth Conversions?
มุมมอง 1584 หลายเดือนก่อน
Wondering when to file for Social Security and how Roth conversions impact your benefits? This video explains the optimal timing for Social Security claims and the strategic use of Roth conversions to maximize your retirement income. Learn the best practices and financial tips for a secure and tax-efficient retirement plan. Click here if you're interested in setting up an initial consult with m...
How to Amplify Roth Conversions With Structured Products
มุมมอง 394 หลายเดือนก่อน
In this video, we break down the key concepts behind structured products and demonstrate how they can supercharge your retirement portfolio. From enhanced returns to downside protection, structured products offer a unique blend of features that can help you achieve your financial goals faster. Join us as we explore the benefits of incorporating structured products into your Roth conversion stra...
3 Types of Structured Products You Need to Know
มุมมอง 355 หลายเดือนก่อน
In todays video we discus the 3 types of structured products that you must know. From equity-linked notes to structured deposits, this video provides expert insights and analysis, perfect for both beginners and experienced investors looking to maximize returns in today's market landscape. Click here if you're interested in setting up an initial consult with me: calendly.com/carl-petrosfamil... ...
What is Absolute Return Downside Protection?
มุมมอง 166 หลายเดือนก่อน
In this video we talk about the power of absolute return downside protection with structured products! Dive into this guide exploring how structured products can safeguard investments while delivering potential returns in volatile markets. Click here if you're interested in setting up an initial consult with me: calendly.com/carl-petrosfamil... Find us here: www.petrosfw.com www.linkedin.com/co...
2 Things to Watch Out For in Structured Products
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In this video we go over essential tips for navigating structured products effectively! Join us as we share considerations investors must heed when dealing with structured products in today's market landscape. Click here if you're interested in setting up an initial consult with me: calendly.com/carl-petrosfamil... Find us here: www.petrosfw.com www.linkedin.com/company/petr... 00:00 Welcome 00...
3 Inherited IRA Technique Examples
มุมมอง 336 หลายเดือนก่อน
In this video we cover some examples showing how to maximize your inherited IRA. Join us as we explore proven strategies, common pitfalls to avoid, and empower you to make informed decisions for a secure financial future. Click here if you're interested in setting up an initial consult with me: calendly.com/carl-petrosfamil... Find us here: www.petrosfw.com www.linkedin.com/company/petr... 00:0...
How do I Inherit a Home From Deceased Parent?
มุมมอง 176 หลายเดือนก่อน
Whether you've inherited a home by will or as a beneficiary of a trust, you'll likely have some decisions to make about what to with the property. In this video we discuss what to expect when inheriting a home from a deceased parent. Click here if you're interested in setting up an initial consult with me: calendly.com/carl-petrosfamil... Find us here: www.petrosfw.com www.linkedin.com/company/...
4 Types of Downside Protection - Structured Products
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4 Types of Downside Protection - Structured Products
What Are Structured Products?
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What Are Structured Products?
Inside Look: How Structured Products Generate Returns
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Inside Look: How Structured Products Generate Returns
What are Advisor Designations? Here is why it matters.
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What are Advisor Designations? Here is why it matters.
Maximize Your Inheritance: Learn 2 Quick Inherited IRA Techniques
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Maximize Your Inheritance: Learn 2 Quick Inherited IRA Techniques
The 5 Essential Estate Planning Documents You Need
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The 5 Essential Estate Planning Documents You Need
Roth 401k vs. Traditional: Which one is right for you?
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Roth 401k vs. Traditional: Which one is right for you?
2024 Contribution & Income Limits: What You Need to Know Now
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2024 Contribution & Income Limits: What You Need to Know Now
Avoiding Probate: 3 Simple Tricks
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Avoiding Probate: 3 Simple Tricks
10 Must-Ask Questions When Hiring a Financial Advisor
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10 Must-Ask Questions When Hiring a Financial Advisor

ความคิดเห็น

  • @keithmachado-pp6fv
    @keithmachado-pp6fv หลายเดือนก่อน

    Good video. All legit reasons. I believe a lot of those pushing Roth conversions such as Ed Slott, ignore these issues. They also are basing the argument on there being higher future tax rates which may happen but it is not guaranteed. Also ignored is the fact that the standard deduction and tax brackets are increased each year for inflation so if your RMDs are many years away a larger portion will potentially be paid at lower tax brackets that have expanded

    • @PetrosFamilyWealth
      @PetrosFamilyWealth หลายเดือนก่อน

      Thank you Keith! Appreciate the comment. Anything else that you keep seeing out there that you would like to see a video on? This video came from another person commenting and love to put something out there if there's a strategy or idea you would like to learn about. Just let me know, happy to help!

  • @Stocks1986
    @Stocks1986 4 หลายเดือนก่อน

    If person could tax efficiently convert all pretax to Roth while delaying SS would you recommend that or do you see a benefit for keeping some pretax? TIA

    • @PetrosFamilyWealth
      @PetrosFamilyWealth 4 หลายเดือนก่อน

      Great question! Totally depends on the client's situation. But, one thing to consider is if you're able to convert enough pre-tax where the RMD or the withdrawals each year, keeps the client's income below the Standard Deduction, or a really low tax bracket. Then it may not be worth it to convert ALL of the pretax to Roth. Another thing, for charitably inclined clients, they might keep a Pre-tax account just to do Qualified Charitable Distributions (QCDs). Then those assets were never taxed! I hope to have a video on QCDs soon too! Thanks for the question and hope that helps!

    • @PetrosFamilyWealth
      @PetrosFamilyWealth หลายเดือนก่อน

      Hi @Stocks1986, I just posted another video just on the question you had: th-cam.com/video/qphORDvYXAc/w-d-xo.html Hope you enjoy and keep the questions coming, really appreciate it!

  • @kendallwalter4877
    @kendallwalter4877 5 หลายเดือนก่อน

    😴 'promo sm'

  • @ericphillips3469
    @ericphillips3469 8 หลายเดือนก่อน

    'Promosm' ☀️

  • @Karen-sv1eg
    @Karen-sv1eg 9 หลายเดือนก่อน

    Helpful video, I’ll be sure to ask my current advisor these questions! Thanks!