Metcalf Money Moment the Podcast

Retirement account consolidation is critical for protecting aging parents and simplifying their financial lives. In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric discuss why consolidating multiple retirement accounts helps reduce the risk of missing required minimum distributions, which carry a 25% tax penalty. They explore how scattered accounts across multiple banks and advisors create unnecessary complexity, increase paperwork, and heighten vulnerability to financial elder abuse and scams. The hosts share real client case studies and provide actionable strategies for protecting aging parents from financial scams, streamlining beneficiary designations, and ensuring smooth asset distribution after death through proper estate planning and coordination with a single financial advisor.What you will Learn in this Episode:✅ How retirement account consolidation prevents missed required minimum distributions and costly tax penalties of up to 25% on overlooked withdrawals.✅ Warning signs of financial elder abuse and common scams targeting seniors, including government impersonation, grandparent scams, and tech support fraud, plus protective strategies like trusted contact designations and power of attorney.✅ Why streamlining accounts with one financial advisor simplifies beneficiary designations, reduces paperwork, and ensures faster, cleaner inheritance processes for your family.✅ Practical communication strategies for families to protect aging parents, including establishing family code words, setting up account alerts, and having early conversations about estate planning while mental capacity is strong.Tune into the Metcalf Money Moment podcast for expert insights on wealth management and retirement planning! Join Jeb, Ethan, and Eric for practical Estate Planning strategies that you can implement to unlock financial clarity and confidence. Listen now to inspire your financial journey!TIMESTAMPS: 00:00 Protecting aging parents through account consolidation, understanding required minimum distributions, and avoiding 25% tax penalties05:16 Real case study: Client with scattered accounts across multiple banks and advisors10:02 Common scams targeting seniors: government, grandparent, and tech support scam prevention14:03 Red flags of financial elder abuse: unexplained withdrawals and spending pattern changes, and protective measures to take18:25 Post-death logistics: simplifying inheritance through retirement account consolidation23:44 Four tips for aging parents or caretakersKEY TAKEAWAYS: 💎 Retirement account consolidation with a single financial advisor dramatically reduces the risk of missing required minimum distributions, simplifies qualified charitable distributions, ensures accurate beneficiary designations across all accounts, and minimizes the 10-15+ tax forms scattered across multiple institutions that increase audit risk and filing errors.💎 Seniors face escalating vulnerability to scam prevention challenges, including government impersonation, AI-cloned voice grandparent scams, and fake tech support—families should implement protective measures like trusted contact status, power of attorney, transaction alerts, credit freezes, and simple stalling language scripts.💎 Proper estate planning through account consolidation enables faster inheritance settlement, prevents years-long probate delays, protects beneficiaries from missing market gains during estate limbo, and requires early family conversations about asset locations, plans, beneficiaries, and advisors. At the same time, cognitive decline hasn't yet impacted decision-making...

Business succession planning is critical for every business owner, regardless of when they plan to exit. In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric sit down with attorney Jeff Coppaken to discuss the mergers and acquisitions landscape and the essentials of exit strategy. Jeff reveals that the best time to start business succession planning is always now—whether you're planning to sell in six months or six years. He explains common pitfalls in selling a business, the importance of having clean financials, and when to start the business succession planning process. Learn about deal structures, seller financing, and why assembling the right team of advisors early can maximize your business value and minimize tax implications when it's time to exit.What you will Learn in this Episode:✅ Discover why business succession planning should start immediately, whether you're exiting in six months or six years, and learn which key advisors—including your business attorney, wealth management team, and tax strategy experts—need to be part of your planning process from day one.✅ Understand the critical role of the due diligence process and clean financials in maximizing your purchase price, plus learn how business valuation works and why removing lifestyle expenses from your books is essential before bringing your company to market.✅ Explore various deal structures, including seller financing, seller notes, and SBA loans, and discover how internal succession plans can create win-win scenarios that protect both buyer and seller while ensuring business continuity.Tune into the Metcalf Money Moment podcast for expert insights on wealth management and retirement planning! Join Jeb, Ethan, and Eric for practical Estate Planning strategies that you can implement to unlock financial clarity and confidence. Listen now to inspire your financial journey!TIMESTAMPS:  00:00 When to start business succession planning, including business attorney, wealth management, and tax strategy advisors06:51 Finding the right buyer through business brokers and ensuring culture fit in mergers and acquisitions 09:32 Pitfalls, including messy financials and owner benefits that negatively impact business valuation and purchase price 13:32 Deal structures explained: seller financing, SBA loans, seller notes, and why internal succession deals often include higher seller carryback percentages18:30 Typical transaction timelines for selling a business range from six to nine monthsKEY TAKEAWAYS:  💎 The best time to begin business succession planning is always now. Assemble your advisory team—tax strategy expert, wealth management advisor, and business attorney—to maximize value and minimize tax implications, whether you exit in 6 months or 6 years.💎 Clean financials are crucial for selling a business at top dollar. So, remove excessive owner benefits from your books. Don't compare a fixer-upper to a renovated property when setting business valuation expectations.💎 Internal succession deals often involve more seller financing due to established trust. Creative structures can include consulting arrangements and earn-outs, while proper collateral protects the seller's investment throughout the transaction.ABOUT THE GUEST: Jeff Coppaken, the founder of the Coppaken Law Firm, is a lifelong resident of Kansas City. Before becoming an attorney, Jeff spent almost a decade in sales, marketing, and customer service, which helped him understand unique aspects of the business model. His customer base includes closely held businesses, family offices, entrepreneurs, real estate...

The bull market officially hits its three-year milestone, marking a significant period of growth since October 2022. In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric break down what bull markets and bear markets really mean for investors. They explore historical data showing that bull markets typically last 4.3 years with average gains of 150%, while bear markets last only 1.5 years. The team discusses investor psychology and common emotional pitfalls — such as fear, greed, and overconfidence — that threaten portfolio performance. Learn about average bull-market duration and returns, and discover why staying invested through market volatility is crucial to long-term investing success.What you will Learn in this Episode:The key differences between bull markets and bear markets, including how the S&P 500 moves through the cycle, with bull markets averaging 4.3 years and 150% gains versus bear markets lasting just 1.5 years with 35% declines.Why investor psychology and emotions like fear, greed, and overconfidence pose a bigger threat to your portfolio performance than actual market volatility, and how to avoid common investment strategy mistakes.How to leverage market corrections as opportunities rather than threats, and why working with a financial advisor helps you stay focused on long-term investing instead of attempting market timing.The current bull market trajectory and potential headwinds, including tariffs, interest rates, and geopolitical concerns that could impact your wealth management and retirement planning goals.Tune into the Metcalf Money Moment podcast for expert insights on wealth management and retirement planning! Join Jeb, Ethan, and Eric for practical Estate Planning strategies that you can implement to unlock financial clarity and confidence. Listen now to inspire your financial journey!TIMESTAMPS:  00:00 Discussion of the three-year bull market anniversary and overview of bull markets versus bear markets02:30 Defining bull markets and bear markets: Understanding the 20% threshold for the S&P 500, market corrections, and historical data 08:24 Current bull market analysis: Ethan discusses the 90% gain since October 2022, potential headwinds, and why long-term investing beats trying to time the market11:45 Investor psychology and Emotional Threats: Eric covers fear, greed, overconfidence, regret, herd mentality, and impatience that damage portfolio performance more than market volatility18:38 Patience and Strategy: The importance of working with a financial advisor, avoiding emotional decisions, and staying committed to your financial planning through market cyclesKEY TAKEAWAYS:  Bull markets occur 75% of the time and last significantly longer than bear markets (4.3 years versus 1.5 years), making staying invested through market volatility the smarter investment strategy than attempting market timing.The longest bull market in history ran from 1987 to 2000 with a 582% gain, while the shortest bear market (COVID) lasted only 1.1 months—proving that markets take the escalator up and the elevator down.Emotional threats like fear, greed, overconfidence, and herd mentality pose greater risks to portfolio performance than actual market declines, which is why working with a financial advisor helps maintain discipline during turbulent periods.The current bull market is only three years old with 90% gains since October 202. If history repeats itself, there could be another 12-24 months of growth, making patience and long-term investing essential for successful retirement planning.ABOUT THE HOSTS: Jeb Graham, the CEO...

Metcalf Partners Women's Financial Planning event takes center stage as Jeb, Ethan, and Eric welcome international keynote speaker, Tara Renze. Tara shares her journey from corporate sales leadership to becoming an emotional intelligence expert and author of "Be Who You Came to Be: 43 Secrets to Unlock the Most Powerful Version of You." The conversation explores how women investors can build financial confidence through personal development and authentic self-discovery. Tara discusses the Metcalf Partners upcoming women's event, where attendees will gain insights on building confidence in financial decisions while connecting with like-minded women in a supportive environment.What you will Learn in this Episode:How Personal Development and authentic self-discovery directly impact women's financial planning and decision-making confidence in wealth managementWhy building financial independence requires working on yourself first, and how transformational "butterfly goals" can change your career transitions and financial decision-makingThe importance of creating supportive environments where women entrepreneurs and investors can connect, learn from financial advisors, and take control of their retirement planningHow self-development and emotional intelligence empower women to overcome intimidation around managing investments and financial literacyTune into the Metcalf Money Moment podcast for expert insights on wealth management and retirement planning! Join Jeb, Ethan, and Eric for practical Estate Planning strategies that you can implement to unlock financial clarity and confidence. Listen now to inspire your financial journey!TIMESTAMPS:  00:00 Introduction to Tara Renze, emotional intelligence expert and author, discussing the women's financial planning event03:16 Tara's grandmother's life advice: "Be who you came to be," and its impact on personal development and career transitions06:30 Evolution from women entrepreneurs' message to women leadership development and discussion of Tara’s new book13:25 Tara's journey from a corporate financial advisor, CareerBuilder, to a direct sales and self-development focus17:00 Taking the first imperfect step in entrepreneurship and building financial confidence through action19:59 Creating inclusive spaces for women investors to overcome intimidation in financial decision-making and retirement planningKEY TAKEAWAYS:  Women's financial planning becomes less intimidating when combined with personal development work—when you focus on improving yourself first, everything else, including financial decision making and relationships, naturally improves"Butterfly goals" are transformational rather than transactional objectives that require figuring things out as you go, leading to greater financial independence and self-development for women entrepreneurs and professionals alikeCreating supportive environments where women investors can learn from financial advisors alongside friends helps overcome the intimidation many face when managing retirement planning, especially after life transitions like divorceThe message "be who you came to be" transcends cultural boundaries and industries, empowering women by encouraging authentic self-discovery rather than conforming to external expectations in career transitions and wealth managementABOUT THE GUEST: Tara Renze is an international keynote speaker, author, and emotional intelligence expert helping individuals and organizations “Be who they came...

The 2025 tax cuts are not just changes; they are transformations that will impact your estate tax, standard deduction, and tax planning strategies. Join hosts Jeb, Ethan, and Eric on the Metcalf Money Moment podcast as they unpack the One Big Beautiful Bill Act (OBBBA), signed into law in 2025. This episode delves into critical updates, including higher estate tax exemptions for the ultra-wealthy, expanded standard deductions for retirees, and new deductions for business owners. Discover how 2025 tax reform estate planning can optimize your financial future, whether you're saving for retirement, managing a business, or planning your legacy. Tune in for expert insights to maximize your wealth with these tax cuts.What you will Learn in this Episode:How tax cuts impact your tax planning and financial strategies.Changes to estate tax exemptions and their effect on wealth transfer.Benefits of increased standard deduction for retirees and families.New qualified business income deductions for business owners.Strategies for 2025 tax reform estate planning to optimize savings.Tune into the Metcalf Money Moment podcast for expert insights on wealth management and retirement planning! Join Jeb, Ethan, and Eric for practical Estate Planning strategies that you can implement to unlock financial clarity and confidence. Listen now to inspire your financial journey!TIMESTAMPS:  01:25 Overview of 2025 tax cuts in One Big Beautiful Bill Act: Impacts on tax planning, revenue reduction04:40 Estate tax updates: Exemption rises to $15M/person, aiding wealth transfer for high-net-worth07:21 SALT deduction changes: Increases to $40K for married couples, phases out above $500K income10:31 Standard deduction at $31,500, no tax on tips/overtime or car loan interest15:02 Retiree benefits: Senior deduction adds $6K/person, qualified business income deduction permanent21:30 Tax planning opportunities: Roth conversions, estate tax strategies for efficient wealth transferKEY TAKEAWAYS:  Tax cuts impact: The One Big Beautiful Bill Act reshapes tax planning, estate tax, and federal revenue.SALT deduction expansion: $40K cap for married couples, key for tax cuts and high earners’ tax planning.New deductions: Car loan interest, charitable contributions, enhance tax cuts, support retirement planning.Senior deduction: $6K extra for those 65+, a significant tax cut boost for retirement planning strategies.ABOUT THE HOSTS: Jeb Graham, the CEO and Managing Partner at Metcalf Partners Wealth Management, is a seasoned financial advisor with a CFP® designation and executive education in retirement planning from Wharton. His expertise and community involvement make him a trusted voice in the field. Before founding Metcalf Partners, Jeb was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute their goals. With a career in Financial Services, his expertise spans Financial Planning, Tax, and Investment Management. Outside of work, Ethan enjoys hunting, cycling, and outdoor activities with his wife, Shanna, and their sons, Rhett and Levi.Eric Wymore is a Partner and Wealth Manager at Metcalf Partners Wealth Management. His career has been dedicated to...

Can Estate Planning be simplified? With Wealth.com’s innovative tools, like the AI extractor tool and visualizations, the answer is yes. Join Jeb, Ethan, and Eric on the Metcalf Money Moment podcast as they host Eva Deniz to explore how estate planning transforms with Wealth.com. Learn how financial advisors can streamline the creation of revocable trusts, wills, and other estate planning documents, making the process more intuitive and cost-effective. Learn to navigate emotional hurdles and ensure your plan mirrors your expectations.What you will Learn in this Episode: How Wealth.com enhances Estate Planning for advisors and clients. Benefits of the AI extractor tool for updating existing plans. Role of the attorney network in supporting deed services. Using the pre-meeting worksheet to ease client account setup.Tune into the Metcalf Money Moment podcast for expert insights on wealth management and retirement planning! Join Jeb, Ethan, and Eric for practical Estate Planning strategies to unlock financial clarity and confidence. Listen now to inspire your financial journey!TIMESTAMPS:  00:00 Estate Planning can be emotional. A pre-meeting worksheet and estate planning checklist give clients time to plan.06:38 Eva highlights the AI extractor tool for visualizing and updating outdated revocable trusts, wills, and medical directives. 13:00 The intuitive document wizard eliminates legalese, and the attorney network offers a pre-negotiated rate.16:45 Discussion of consultation rate for clarifying complex wills and trusts, highlighting Wealth.com’s value in simplifying legal jargon.19:15 Metcalf is partnering with Wealth.com, emphasizing faster Estate Planning processes for clients using the client account and document wizard.KEY TAKEAWAYS:   Wealth.com simplifies Estate Planning with tools like the document wizard and visualizations for advisors and clients  AI extractor tool visualizes and updates existing wills or trusts in minutes, ensuring relevance Pre-meeting worksheet and estate planning checklist ease emotional barriers in client account setup  Attorney network offers consultations for $240 and deed services to finalize revocable trusts ABOUT THE GUEST: Eva Deniz leads advisory sales in the Central Region at Wealth.com, helping advisors, firms, and family offices initiate dynamic estate planning conversations. She empowers advisors to leverage it for growth while addressing industry challenges. Before joining 2.5 years ago, she spent 8 years at Lululemon, leading EMEA ecommerce operations and guest experience. Outside of work, she travels with her children (ages 10 and 14), plays golf, and enjoys spending time at the lake.Eva Deniz - LinkedInWealth.com (@WeAreWealth) / XWealth.com - WebsiteDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.

When it comes to navigating the complexities of trust administration, having the right team in place is essential. On this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric welcome Randy Kimmel from BOK Financial Advisor Trust Services for an in-depth discussion about corporate trustees. Together, they cover everything from handling special assets and dynasty trusts to maintaining family harmony and managing trustee duties with clarity and confidence. If you’re looking for practical insights on wealth management and securing your family’s financial future, this episode offers valuable guidance.IN THIS EPISODE: (00:00) Trust documents and estate documents, highlighting impartial trust administration decisions(01:22) Role of a corporate trustee as executor to prevent conflict during estate settlement(02:35) BOK Financial specializes in working with financial advisors in estate settlements(06:08) How a corporate trustee preserves family harmony in beneficiary guidance and distributions(10:21) Risks of serving as an individual trustee: their personal wealth is exposed (11:37) Process of when the Corporate trustee should become involved (16:28) Dedicated teams simplify oversight of complex assets, ensuring asset management (18:36) Randy offers advice on choosing between family members or a corporate trustee KEY TAKEAWAYS: A corporate trustee helps ensure smooth trust administration and estate settlement, removing emotional decision-making and protecting family harmony. By acting as a neutral third party, they reduce conflict and keep the process focused on honoring your wishes.Effective estate planning, including clear estate documents and professional oversight, safeguards legacy protection and ensures proper management of assets. This proactive approach ensures that wealth transitions seamlessly to future generations.Understanding fiduciary responsibilities and the complexities of trustee duties is crucial​​ for maintaining fairness and providing lasting beneficiary guidance to beneficiaries. With expert support, families can feel confident that decisions are being made with both integrity and compliance in mind.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInRandy Kimmel - LinkedInBOK Financial - WebsiteDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.GUEST BIOGRAPHY: Randy Kimmel brings 29 years of experience in banking and finance, having joined BOK Financial in 2000 and spent over 20 years with the company. He holds a Bachelor of Science in Business Management from Baker University in Baldwin, Kansas. He has expertise in executive banking leadership, trust administration, family office services, and providing trust solutions for financial advisors and their clients. Randy...

Wondering how to navigate the world of Social Security? Join financial advisors Jeb, Ethan and Eric as they tackle one of the most critical topics for retirees. This episode provides a clear overview of how Social Security works, from eligibility requirements and the Full Retirement Age to the often-overlooked spousal benefit. They offer valuable insights into the pros and cons of claiming social security early versus late. The hosts also address the big question on everyone's mind: what is the future of Social Security? Tune in for expert advice regarding this essential component of your retirement planning.IN THIS EPISODE: (00:00) Opening(02:50) Social Security is funded through FICA taxes paid by employees and employers(04:43) Concerns about the stability of social security in the future(08:36) Rules for eligibility, full retirement age and how the benefit is calculated(12:30) Discussion of spousal benefit and Social Security income could be considered taxable (15:19) The break-even point of taking money out of the system and portfolio value (20:05) Use the SSA website to print your Social Security statement and share it with your financial advisorKEY TAKEAWAYS: Social Security Basics: The program is funded by payroll taxes, requiring 40 work credits for eligibility. Benefits are based on your 35 highest-earning years, with a full retirement age that varies. A spousal benefit ensures a lower-earning spouse can receive up to 50% of their partner's benefit.Claiming Strategy Matters: Claiming benefits early at age 62 results in a permanent reduction, while waiting until age 70 provides a higher monthly payout. The best claiming strategy depends on individual health, longevity, and its impact on your total investment portfolio.The Future of the Program: The Social Security trust fund is projected to be depleted in the 2030s, which would likely lead to reduced benefits, not elimination. Solutions to secure the program include adjusting the FICA tax wage base or increasing the tax rate.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson:Ethan is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute their goals. With a career in Financial Services, his expertise spans Financial Planning, Tax, and Investment Management. Outside of work, Ethan enjoys

Are you feeling stuck between rising home prices and unpredictable interest rates? Do mortgage headlines leave you with more questions than answers? In this episode, hosts Jeb, Ethan, and Eric are joined by Jared Bahr of Arvest Bank to cut through the noise. He discusses the relationship between the federal funds rate and mortgage lending, the role of the 10-year treasury note, and introduces you to innovative, underused home loan strategies that just might change the way you think about buying—or refinancing—a home. IN THIS EPISODE: (00:00) Opening(02:59) The 10-year Treasury note is a better indicator of mortgage lending rates than the Fed's short-term rate cuts(05:33) Buy the home, refinance later — act now before housing prices climb(11:08) Jared outlines creative home loan strategies for high-net-worth borrowers(13:45) Jared shares critical dos and don’ts for first-time or high net worth homebuyers(18:34) Home equity lines of credit, bridge loans and recasting mortgage paymentsKEY TAKEAWAYS: Interest rates are expected to decrease gradually, but borrowers should understand the difference between adjustable-rate mortgages tied to short-term rates and fixed-rate mortgages, which are influenced more by the 10-year treasury note than by the federal funds rate.Buying now with a higher mortgage lending rate and refinancing later may be smarter than waiting—because housing prices are likely to continue climbing. As Jared Bahr puts it, you can "marry the house, date the rate."Lenders like Arvest Bank offer flexible options for high-net-worth borrowers and first-time homebuyers.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInArvest BankJared Bahr - Arvest BankJared Bahr - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.GUEST BIOGRAPHY: Jared Bahr is a University of Missouri graduate with 15 years of experience as a residential mortgage lender. As Vice President and Mortgage Lending Supervisor at Arvest Bank, a regional bank headquartered in Bentonville, Arkansas, they contribute to a community-focused institution with over 200 branches across Arkansas, Kansas, Missouri, and Oklahoma. Arvest, established in 1961 and primarily owned by the Walton family, offers a range of financial services, including mortgage loans and deposits. Arvest has grown through acquisitions, such as Bear State Financial in 2018, with total assets exceeding $26 billion. 

Ever wondered how top-tier professionals leverage their compensation to build lasting wealth? In this engaging episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric share decades of expertise to demystify elite employee benefits. They explore powerful tools such as deferred compensation, ESOPs, stock options, and HSAs, offering clear and practical strategies to help corporate executives and high earners optimize their financial plans. Whether you’re aiming to minimize taxes or grow your retirement savings, this episode delivers insights to inspire confidence and clarity on your wealth-building journey.IN THIS EPISODE: (00:00) Opening(01:08) Let’s focus on executive benefits: corporate executive compensation packages(01:49) Discussion on deferred compensation plans, stock options, 401K and benefits (08:15) ESOP plans, highlighting their role in wealth accumulation for employees at privately held companies(13:28) Differences between restricted stock units (RSUs) and stock options, employee stock purchase(18:34) 401K contribution limits and the benefits of mega backdoor Roth conversions(26:18) Discussion of HSAs, emphasizing their triple tax-exempt status KEY TAKEAWAYS: Deferred compensation plans enable corporate executives to defer their salary, thereby reducing current tax liability and allowing for strategic planning for future income in lower tax brackets.ESOP plans in privately held companies build significant wealth for employees, offering tax-deferred growth and vesting benefits tied to company performance.HSAs offer triple tax-exempt benefits, allowing tax-deductible contributions, tax-deferred growth, and tax-free withdrawals for qualified medical expenses, making them ideal for long-term savings.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson:Ethan is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute their goals. With a career in Financial Services, his expertise spans Financial Planning, Tax, and Investment Management. Outside of work, Ethan enjoys hunting, cycling, and outdoor activities with his wife, Shanna, and their sons, Rhett and Levi.Eric Wymore:Eric is a Partner and Wealth Manager at Metcalf Partners Wealth Management. His career has been dedicated to wealth management....

Discover how to supercharge your business with expert financial strategies on this episode of Metcalf Money Moment! Hosts Jeb, Ethan, and Eric welcome Brent Taylor from KC CFO Services, who shares game-changing insights on fractional CFO services. Learn how to delegate effectively, plan for business growth, and navigate business exits with confidence, all while optimizing your financial future. Whether you're a small business owner or scaling a larger company, this episode delivers practical advice to elevate your success.IN THIS EPISODE: (04:15) The distinction between a fractional CFO and an accountant is clarified(08:30) Fractional CFO services help business owners delegate responsibilities and set business growth goals (13:01) Brent’s company serves various types of small, growing businesses of (15:15) The process of engaging a fractional CFO is outlined, involving discovery calls to assess challenges and opportunities(18:29) The synergy between a fractional CFO and the financial advisor, and helping clients with business exit strategies, and succession planning goalsKEY TAKEAWAYS: Fractional CFO services enable small and mid-sized businesses to access expert financial guidance without the expense of a full-time CFO, allowing owners to delegate tasks and focus on growth.Business growth is supported by strategic financial planning, where fractional CFOs look forward, unlike accountants who focus on historical data, aiding in financing, hiring, and expansion decisions.Succession planning and business exit strategies are crucial for business owners, with fractional CFOs playing a vital role in preparing for sales or transitions to maximize value and ensure long-term success.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInCFO Services in Kansas CityCFO Services - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.GUEST BIOGRAPHY: Brent Taylor is the founder and owner of KC CFO Services, LLC, a fractional CFO firm based in Kansas City. After spending 15 years working with large companies across various industries, he transitioned into entrepreneurship, leveraging his diverse financial experience to help growing small and mid-sized businesses navigate their journey. He holds a degree in Accounting and Finance from the University of Nebraska and is a Certified Public Accountant (CPA).ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas...

Are you a small business owner wondering how to plan for retirement or what your business is really worth? Have you thought about your exit strategy—or what happens if something unexpected takes you out of the game? Whether you're just starting to think about retirement planning or already navigating the complexities of being a business owner, this episode is for you.In this episode, hosts Jeb, Ethan, and Eric dive into the three key types of clients they serve at Metcalf Partners. While they support emerging affluent individuals and those nearing retirement, today’s conversation focuses on the business owner. From selecting the right retirement plan and managing risk with insurance to preparing your business for sale and planning for succession, this episode offers crucial insights to help business owners take control of their financial future.IN THIS EPISODE: (00:46) Metcalf Partners has three key client groups. Today, we focus on the business owner (03:12) Ethan discusses three main employer retirement planning strategies(11:59) Eric discusses risk management through insurance(16:46) Discussion of multiple business owners(20:04) Making an exit strategy from your business and continuity(22:26) Pricing your business for saleKEY TAKEAWAYS: Metcalf Partners serves three primary client groups: emerging affluent individuals, those at or near retirement, and small business owners, with a particular focus on small business owners in this episode. They offer tailored financial strategies for each group, including retirement planning, insurance solutions, and business exit strategies.Solo 401(k) plans are ideal for small business owners, particularly those who are husband-and-wife teams. They offer high contribution limits, Roth options, low costs, and minimal admin until assets exceed $250,000.Many business owners fail to plan for succession or exit, leaving them vulnerable if the unexpected occurs. Whether through internal succession, a broker, or private equity, the process is complex and takes time. Planning early is crucial to a smooth and financially sound transition.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson:Ethan is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute their goals. With a career in Financial Services, his expertise spans...

Are you making the most of your retirement planning strategy—or leaving money and tax benefits on the table? In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric discuss with Casey McCarthy, Executive Vice President at EIP Corp., how third-party administrators (TPAs) help design and manage 401(k) plans tailored to business goals, such as maximizing savings and attracting top talent. You’ll learn the differences between IRA options, SEP, SIMPLE, and 401(k) plans, how cash balance plans work, and how to take full advantage of tax benefits and new IRS incentives that could make retirement plans more affordable than ever. Whether you're a business owner or building your retirement nest egg, this episode will help you make smarter retirement planning decisions.IN THIS EPISODE: (01:48) Casey explains the role of a third-party administrator when retirement planning(05:42) The differences between IRAs and specific contribution amounts(09:42) How does a cash balance plan work with a 401 (k)(13:51) Tax benefits and credits. IRS is making plans that are inexpensive or free for three to five years(18:22) Contributing to a Roth IRA and discussion of the maximum contributionsKEY TAKEAWAYS: Casey McCarthy shared how TPAs like EIP Corporation design and manage 401(k) plans to stay compliant and support business goals. While advisors like Metcalf Partners handle education and investments, TPAs tailor retirement planning strategies to help business owners maximize savings, attract top talent, and fully leverage tax benefits and IRA options.Compared to SEP and SIMPLE IRAs, 401(k) plans offer higher contribution limits and greater flexibility, making them a stronger option for retirement planning in growing businesses.The conversation highlighted how advisors and TPAs work together—advisors handle education and investments, while TPAs manage plan design and compliance—to create strategic, tax-beneficial retirement plans.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInEIP Corporation - WebsiteCasey McCarthy - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.GUEST BIOGRAPHY: Casey McCarthyI am the Executive Vice President and Director of Business Development at EIP Corp., a Third-Party Administrator (TPA) in the Kansas City area, with a focus on corporate retirement plan design and administration.  With over 20 years of experience in the financial services industry, including extensive expertise in defined contribution and defined benefit plans, my goal is to ensure that our clients receive the most accurate plan administration and the highest quality service in the industry. EIP CORPFounded in 1973, EIP began with the mission that still guides the company today: to combine unequaled...

Are you letting fear drive your investment decisions? Or are you prepared to navigate market volatility with confidence and clarity? In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric discuss the emotional rollercoaster of the stock market, from historical bear markets to innovative diversification investment strategies. You'll hear insights from timeless charts like the First Trust Bull and Bear Markets chart, the J.P. Morgan Guide to the Markets, and the colorful Quilt Chart that illustrates why no single asset class wins annually. Whether you're worried about downturns or looking to turn volatility into opportunity, this conversation will help you stay grounded, informed, and focused on your long-term financial goals.IN THIS EPISODE: (00:00) Opening and introduction(00:53) Discussing stock market volatility and investment strategies(03:17) Ethan refers to a First Trust Chart from 1942, which charts the Bull and Bear Markets(07:14) Eric refers to the Quilt Chart and discusses asset allocation(11:32) Jeb discusses the Crisis and Events Chart and the J.P. Morgan Guides to Markets Chart KEY TAKEAWAYS: Market volatility is normal and recurring. Market downturns—5 %, 10%, or even 20% declines—are typical. Ethan noted that a 5% drop happens about three times a year, while a 20% decline occurs roughly every five and a half years. Despite their frequency, these downturns are typically followed by recoveries, often leading to new market highs. Consider this information when making investment strategies.Bear markets are opportunities, not just risks. Rather than fearing market declines, the hosts suggest viewing them as opportunities to invest at a discount. Jeb and Ethan both stressed the importance of staying invested during downturns to avoid missing out on the early stages of recovery, which often carry significant gains.Diversification and asset allocation help smooth the ride. Since no single asset class consistently outperforms, spreading investments across stocks, bonds, and other assets helps manage risk and capture returns over time.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInEp. 8 - Long Term Wealth Building: How to Stay Resilient in Uncertain Times DISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor. ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan...

Are you feeling the pinch from rising insurance premiums, especially regarding home and automobile rates? In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric sit down with Allen Smith of Blue Valley Insurance to explain why insurance rates are climbing and what you can do about it. From the impact of frequent roof damage claims to the hefty premiums that come with insuring teen drivers, Allen shares insights you need to know. You’ll learn how insurance rates are determined, the difference between independent and captive agents, and practical steps you can take to help lower your insurance premiums. Whether you're a homeowner, a parent of a new driver, or simply looking to understand your policy better, this is an episode you won’t want to miss.IN THIS EPISODE: (00:00) Introduction and opening(02:01) Allen provides a backstory of what has caused insurance rates to rise(07:17) Discussion of insurance claims for roof damage(13:47) Discussion of how insurance rates are determined(16:27) The difference between an independent agent and a captive agent, and a discussion of automobile rates for teen drivers(24:38) Discussion of what a consumer can do to lower the rising insurance premium amountKEY TAKEAWAYS: Home and auto insurance premiums have skyrocketed in recent years, driven by inflation, increased claim frequency, and higher repair or rebuild costs due to supply chain issues and material/labor price hikes.Frequent roof replacement claims—often triggered by minimal hail damage—are straining insurance providers. Companies are tightening coverage rules and increasing deductibles to curb widespread losses.When adding a young driver to your insurance policy, expect a substantial rate increase—potentially $200 or more per month before assigning them a vehicle. However, don't despair. Be proactive and shop around, RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInBlue Valley Insurance Agency - WebsiteDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.GUEST BIOGRAPHY: Al joined Blue Valley Insurance in 2008 as a Personal and Commercial Lines Agent, where he enjoys educating clients and building lasting relationships. In 2013, he earned his Certified Insurance Counselor (CIC) designation, recognizing him as one of the industry’s most knowledgeable professionals. Since 2011, Al has consistently received the Five Star Professional Award—an honor given to fewer than 7% of KC-area insurance professionals based on outstanding customer satisfaction.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization...

Have you ever thought about the lasting impact of your words on your loved ones? On this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric sit down with Blake Brewer to explore the power of the Legacy Letter—a heartfelt parent-child letter filled with meaningful words that stand the test of time. Blake shares his deeply personal story of loss and how a letter from his late father changed his life, inspiring him to help others leave behind a legacy of love and wisdom. From the essential components of crafting a letter to the profound influence it can have on future generations, this conversation will leave you inspired to put pen to paper.IN THIS EPISODE: (00:00) Opening and introduction(01:28) Blake reveals how the Legacy Letter came to be and the heartbreaking way his dad passed(08:57) Blake shares when he wrote his letter and decided to found Legacy Letter(11:28) The components of compiling meaningful words to leave as a legacy and the timing of giving the letter of reflection(17:53) It’s never too late to write the letter, and Blake discusses the partnership with Metcalf Partners(22:05) Blake shares an example of the results of a Parent-Child letterKEY TAKEAWAYS: Blake Brewer’s life was profoundly impacted by a letter his father wrote to him before passing away unexpectedly. This letter provided love, guidance, and hope during his darkest moments, helping him grieve in a healthy way.Blake turned his tragedy into a mission to help others. He founded The Legacy Letter, intending to assist a million people in writing impactful letters to their children and loved ones, ensuring their voices and values live on. Writing a legacy letter is a powerful and emotional process that can profoundly impact both the writer and the recipient, even if its full significance isn't realized immediately.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInLegacy Letter - WebsiteBlake Brewer - LinkedInLegacy Letter Challenge -  InstagramGUEST BIOGRAPHY: Blake Brewer is a visionary leader and the founder of Legacy Letter Challenge, an organization with a mission to help 1 million people write at least one Legacy Letter to their children. Blake's powerful story and mission have touched the hearts of many, and he continues to share it with organizations, businesses, and communities across the country. Most recently, he was featured on the "Dads Got This" segment on NBC's Today Show.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from

Are you feeling uncertain about your investments in today’s turbulent market? You’re not alone. In this episode of Metcalf Money Moment, hosts Jeb, Ethan, and Eric break down the psychology of investing and how to navigate the ups and downs of the stock market with confidence. From understanding the emotional rollercoaster of fear and greed, to exploring strategies like diversification, downside protection, and opportunistic rebalancing, this conversation will equip you with the tools to stay level-headed and make smarter financial decisions. Tune in to learn how to harness the power of long-term thinking and make the psychology of investing work for you!IN THIS EPISODE: (00:00) Opening and introduction(00:48) Discussion of the turbulent markets and the psychology of investing(02:41) The peak-to-trough cycle and the emotional rollercoaster of fear, greed, recency bias and confirmation bias(07:29) Discussion of diversification and market predictions(12:45) Defining downside protection and(16:18) Defining opportunistic rebalancing(19:29) Jeb summarizes what the psychology of investing is and how to make it work for youKEY TAKEAWAYS: Market fluctuations are a natural part of investing, following a cycle of emotions from euphoria to fear. Understanding this cycle helps investors avoid impulsive decisions driven by short-term emotions.Spreading investments across different asset classes (stocks, bonds, international markets, etc.) helps mitigate risk, ensuring that a downturn in one area doesn’t disproportionately impact the entire portfolio.While short-term volatility is inevitable, history shows that markets tend to recover and grow over longer horizons. Maintaining a long-term outlook helps investors stay resilient through market corrections and downturns.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of the Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson:Ethan is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute. With a career in Financial Services, his expertise spans Financial Planning, Tax, and Investment Management. Outside of work, Ethan enjoys hunting, cycling, and outdoor activities with his wife, Shanna, and their sons, Rhett and Levi.Eric Wymore:Eric is a Partner and Wealth Manager at Metcalf Partners Wealth...

How much money do you need to retire comfortably, and when is the best time to take Social Security? In this episode of the Metcalf Money Moment, hosts Jeb, Ethan, and Eric dive into the key components of retirement planning. They discuss the early retirement dichotomy, how much money you need to retire comfortably, and the complexities of managing retirement accounts. The conversation also explores the crucial decision of when to take Social Security, navigating the often overlooked topic of health insurance in retirement, and concludes with the bottom lines for anyone planning for the future. Whether you're thinking about retiring early or just starting to plan, this episode offers valuable insights for every stage of retirement planning.IN THIS EPISODE: (00:00) Opening and intro(00:49) Retirement planning(04:00) How much money do you need to retire(09:40) Discussion of retirement accounts(16:10) When do I take social security (21:33) What about a health savings account(25:25) The bottom line - a final word the steps to take to when planning for retirement KEY TAKEAWAYS: To retire early, individuals must address critical factors like how much money they need, when they can access retirement accounts, when to take Social Security, and how to handle health insurance costs before Medicare eligibility at 65.Individuals should start planning for Medicare around age 62 or 63, as Medicare uses a two-year income lookback period to determine costs. Proper planning can help manage income levels to optimize Medicare premiums.Health Savings Accounts (HSAs) are a valuable tool for covering healthcare expenses in retirement. They offer triple tax advantages, grow tax-free, and can be used for qualified medical expenses, making them a strategic financial asset.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson:Ethan is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute. With a career in Financial Services, his expertise spans Financial Planning, Tax, and Investment Management. Outside of work, Ethan enjoys hunting, cycling, and outdoor activities with his wife, Shanna, and their sons, Rhett and Levi.Eric Wymore:Eric is a Partner and Wealth Manager at Metcalf Partners Wealth Management. His career has been dedicated to wealth management. As an Accredited Investment Fiduciary, he prioritizes acting in clients’ best...

Navigating the complexities of health insurance when retiring can be overwhelming, but having the correct information makes all the difference. In this episode of Metcalf Money Moment, host Jeb, Ethan, and Eric sit down with Matt Sturgeon, CEO of LNI Insurance Solutions, and Phil Walters, Director of Medicare at LNI Insurance Solutions, to break it all down. They discuss the key factors retirees need to consider, including determining insurance needs based on income and retirement age, what counts toward modified adjusted gross income, and how to ensure a smooth transition into retirement—especially for those under 65. The conversation also dives into the role of Medicare in health care decisions, the complexities of choosing the right plan, and why consulting an insurance specialist is essential since no two situations are alike. Whether you're retiring early or preparing to transition into Medicare, this episode provides valuable insights to help you make informed decisions about your health insurance coverage.IN THIS EPISODE: (00:00) Opening(02:23) How does  early retirement affect health insurance, and how do we determine insurance needs based on income and retirement age(07:05) What income counts towards modified adjusted gross income(08:16) Begin your health insurance decisions 6 months before retirement(13:07) No two situations of retirement planning are alike. Consult an insurance specialist(17:06) Making the switch to MedicareKEY TAKEAWAYS: Every retiree’s situation is uniquely influenced by age, income, and location factors. Different rules apply to those retiring early (e.g., 55 or 60) compared to those transitioning into Medicare at 65.One of the biggest concerns for early retirees is securing affordable health insurance. Options include COBRA, ACA marketplace plans, short-term medical plans, and tax credits, which vary based on income and household makeup.Retirees should begin planning at least six months before retirement to ensure a smooth transition. Financial advisors target age 63 for Medicare planning since Medicare considers income from two years prior when determining costs.RESOURCES:Metcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedIn812 490 0200 - Phone L & I Insurance - WebsiteL & I Insurance - Facebook DISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.GUEST BIOGRAPHY: Matt Sturgeon is a seasoned leader in the insurance industry with 14 years of experience. As the CEO and Co-Founder of L&I Insurance Solutions in Newburgh, IN, he is dedicated to helping individuals, families, and businesses "Protect Their Legacy with Integrity."Beyond the insurance industry, Matt is also an award-winning high school Varsity boys' soccer coach. With 20 years of coaching experience, he is currently the head coach at...

Navigating the complexities of inheritance can be overwhelming, especially regarding tax implications and estate settlement. In this episode of Metcalf Money Moment, Jeb Graham, Ethan Hutcheson, and Eric Wymore break down key strategies for maximizing inheritance planning, ensuring tax efficiency, and streamlining the estate settlement process. From common mistakes—like cashing out an inherited IRA too soon—to the nuances of annuities, life insurance, and estate taxes, the hosts share valuable insights to help you make informed decisions. Whether planning your estate or preparing to inherit assets, this conversation will help you avoid costly pitfalls and save time and money.IN THIS EPISODE: [0:54] Inheritance planning starts with preventative care[6:30] Necessary documents, financial planning and consulting professionals are key to avoiding estate taxes[10:58] Discussion of the best account types to inherit and the 10-year rule[15:17] Discussion of the required minimum distribution and other examples[18:53] Annuities and life insurance and estate taxes[23:50] Contact a knowledgeable professional for proper inheritance and financial planningKEY TAKEAWAYS: The Great Wealth Transfer Is Underway – Over the next few decades, between $30 trillion and $68 trillion will be transferred from Baby Boomers to their heirs. Approximately 45 million U.S. households will inherit money, with an average inheritance of $177,000.Taking proactive steps, such as organizing financial documents, properly titling accounts, and having open discussions with family members, can significantly ease the inheritance process. Establishing clear beneficiary designations, maintaining a list of financial accounts, and planning with estate professionals help avoid unnecessary complications.One significant mistake people make when inheriting assets is not promptly informing their financial advisors or tax professionals. While a well-prepared estate plan helps streamline the inheritance process, settling an estate still takes time. RESOURCES:Financial Planning Document ChecklistMetcalf Partners - WebsiteJeb Graham - LinkedInEthan Hutchison - LinkedInEric Wymore - LinkedInDISCLAIMER:This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.ABOUT THE HOSTS:Jeb Graham:Jeb is the CEO and Managing Partner at Metcalf Partners Wealth Management. Before founding Metcalf Partners, he was a financial advisor in Overland Park, Kansas. Active in the Kansas City community, Jeb serves on the Kansas City Chapter Board of Entrepreneur Organization (EO). He holds a finance degree from Kansas State University and a CFP® designation, and he received additional executive education in retirement planning from Wharton.Ethan Hutcheson:Ethan is a Partner and Financial Planner at Metcalf Partners. He is passionate about helping people prepare, plan, and execute. With a career in Financial Services, his expertise spans Financial...