Wealth Management & Financial Planning

Wealth Management & Financial Planning

Financial Planning Podcast

Consider This Program 12-22-20 “A Plan With A Purpose”

Host Joe Clark, CFP and Co-host Daren Hardesty

In this week’s episode, we will cover:

  • The three phases of finance for a 401(k)
  • What to consider when creating a trust
  • Do you really need a business plan?
  • What to know before selling your business
  • Why you should consider creating a plan “B”

Financial Tidbits

  • “Leaving money behind the same way is not necessarily fair for everyone.” -Joe
  • “Play chess, not checkers with the IRS.” -Joe
  • “Do not use a premade trust.” -Joe
  • Clarifying intent will make life a lot easier.” -Joe

In This Episode:

  • [ 5:25 ] The three phases of finance for a 401(k)
  • [ 18:45 ] Is it necessary to have a trust?
  • [ 32:05 ] Putting a business plan together
  • [ 40:00 ] What professionals do I need to start a business?
  • [ 47:25 ] What do you do when unexpected things happen in life?
  • [ 59:55 ] What to do when you receive an unexpected amount of money

Links Mentioned: 

Disclaimer: Do not construe anything written in this post or this blog in its entirety as a recommendation, research, or an offer to buy or sell any securities. Everything in this post is meant for educational and entertainment purposes only. I or my affiliates may hold positions in securities mentioned in the blog. Please see our Disclosure page for the full disclaimer.

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