Shah PlanIt Podcast: Recent Episodes
Neel
Neel Shah is a practicing estate planning attorney as well as a certified financial planner(r). He has conducted over 3000 corporate business and real estate transactions throughout his career and is the author planning for business owners (available on Amazon).Designing, building and protecting a plan requires an integrated approach across many life and financial areas. Key moments across each phase can impact a client’s long-term success. Several of which present opportunities for professionals to work together. This approach can enhance the client experience while potentially delivering better outcomes. Join Neel Shah, ESQ, CFP as he helps bring some clarity and fun to the world of Estate and Financial Planning.
"3 CFPs, 2 CPAs, and an Attorney walk into a bar..."
Welcome to The 360° View! In the video above, we discussed important topics related to potential new tax laws, retirement planning, financial organization, and new estate planning rules. Incidentally, if you have topics or concerns that you wish for us to cover in future videos and articles-please hit reply and let us know!
Jim Colitsas CPA gives an overview of proposed tax law changes and things for business owners and individuals to be aware of,
Linda Farinola, CFP®, CFA, EA discusses the process to help clients envision their retirement goals and lifestyle.
Bryan Katz, CFP®, RICP®, CLU®, ChFC®, CASL® provides tips for younger people & pre-retirees getting and staying financially organized.
Finally, Neel Shah, Esq. CFP® CEPA® discussed current estate and gift tax rules as well as upcoming changes scheduled for 2025.
Omni 360 Advisors LLC
February 22, 2024
Today’s discussion is focused on strategies for retirement planning, taxes, and investments. We explore topics like stock compensation vehicles and how to plan for them from a tax perspective as retirement approaches. Diversifying investments, cost averaging lump sums, and starting tax planning early were discussed as ways to optimize investments and minimize future taxes. Hope you find it enjoyable & informative!
Omni 360 Advisors LLC
April 02, 2024
Get your finances in order for the home stretch of 2023!
Neel shares tips for Taxes, Trusts, & learning from movies like Dumb Money. Plus strategies to consider to gift, donate, and tax plan.
Popcorn-worthy Tax, Financial & Legal information!
September 26, 2023
Quick Financial & tax tips today! 10 minutes gives you:
- New IRS guidance on 401k contributions,
- changes to the FAFSA form,
- caveats from of Schwab/TD Ameritrade merger,
-interest rates,
-the job market,
- state tax deductions for small businesses,
- and more!
Tune in to get an overview of current events and strategies to help with your finances.
September 20, 2023
3 key tax, financial & estate takeaways while working from a cottage in Vermont:
1) Quick tip on how to calculate (approximately) how long it will take for your money to double,
2) Planning for your personal belongings,
3) IRS fraud prevention tips.
Enjoy!
September 12, 2023
'Trust' is difficult. So are 'Trusts.' 2 examples of where Neel has had to trust his advisors (automobile and medical) highlight something you need to know when working with trust attorneys, financial professionals, and tax experts. Let's discuss!
August 15, 2023
What is all for anyway? Financial planning, paying less in taxes, your legacy planning, retirement planning are all important tools, but what are you building? And why? Here's a little perspective from me.
July 22, 2023
Just a blessing to come to you from South Africa. Aside from the joy of being with family, and the thrill of being across the world - there's something particularly moving but being in a place that has gone through so much, I moved my leader like Nelson Mandela. Sharing some quick thoughts today.
July 19, 2023
Whether one passes away (a) without a will, (b) with a will, or (c) with a trust, impacts the survivors quite differently. Even if you may get to the same end result, the time & potential cost can be dramatically different. Let's use our morning coffee and a sweet treat to explain the difference between the different options.
July 07, 2023
Happy Independence Day! A quick reminder from our former monarchs about the estate tax is in order. Also remembering Harry Markowitz and his legacy. You probably already know the theory, but may not know Professor Markowitz's impact on the way we think of finances and investments today.
July 04, 2023
If you own, work for or love someone who has a business, you may want to join and/or share this "Planning for Business Succession and Key Employee Retention" session. Let's quickly run through 4 primary elements of business planning, as well as a couple of ideas to attract & retain top talent. All in 10 Minutes!
June 27, 2023
You may have heard of Bull markets & Bear markets - what about 'Duck' markets? What's the impact of artificial intelligence, interest rate fluctuation
& the debt ceiling on your investment portfolio? And what could you do about it? Join us on SPi for a quick chat!
June 20, 2023
It's probably not Taylor Swift's or Clint Eastwood's fault, but their works are both perpetuating a myth about Wills. I do know about you, but I'm feeling like telling the truth. So I will go ahead and make your day by dispelling this method. I still love them both, but Dirty Harry and the Anti-hero must be set straight!
June 06, 2023
I hope everybody had a fantastic Memorial Day. Especially thinking of those, and the family of those, who made the ultimate sacrifice. The price of freedom is not free, and we thank those who gave their lives for our freedom.
For many of us the holiday means catching up with loved ones at a second or vacation home. For others, the kick off to the summer has his thinking about possibly getting one of these properties. What legal, financial, and tax things should you consider for that vacation home? Let's discuss on Shah Plan-it!
May 30, 2023
Heads you can afford retire, tails you can't. 50/50 shot. Sound good? No?
Well... 47% of households won’t have enough income to support their standard of living in retirement. That's almost half!
How do you know if you are one of them, and what do you do about it? Join us for some tips!
May 23, 2023
Did you know there is no such actual thing as a "Death" tax? The term was used by some in the 1940's to raise some outrage over the estate tax system. But there are some tax rules that are related to death which you need to know. Let's go over 4 "Death" tax rules in 10 minutes!
May 16, 2023
Big news on Shah Plan-It tomorrow! 🎉 Some of you may already know, but we are moving! Tune in tomorrow for details. And that reminds us 🤔 what financial planning, tax planning and estate planning considerations should you be thinking about if you are considering a move? You know we can't pass up an opportunity to educate the community. 😉 Looking forward to seeing you on May 2 at 8:45 AM!
Our new address is:
777 Scudders Mill Rd Building 4, Suite 101 Plainsboro, NJ 08536
May 02, 2023
I was one of those kids that loved dumping my books right after the final exam. Many do the same thing when it comes to our taxes. Filed it? Paid it? Let's move on. And then deal with it again next year. But there's a better way! Joining us for Shah Plan-It on April 25, 2023 is Linda Farinola, who is a Certified Financial Planner Professional, Certified Financial Analyst as well as an Enrolled Agent. (Translation-she's really smart!) We will cover the greatest opportunities and pitfalls right after tax season.
April 25, 2023
It's the time of year when a lot of young people (and their parents & grandparents) are thinking about graduations, proms, colleges & post-high school graduate life. But just because they are 18 doesn't mean they're not still your babies. In fact, you need to help them out a bit more.
Attorney Siobhan Kinealy joins us on SPi to discuss the Young Adult Program, which covers necessary documents for adult children in the event of an incapacity: stepping into their shoes to make sure their financial needs and healthcare needs are met.
April 18, 2023
Taxes & my golf game: every year we say we are going to do things different. There is 1 week until this year's tax filing deadline. What can you do in one week? And what can you do in 53 weeks (next year's deadline?) Join for some tips, plus some key information about estimated taxes.
April 11, 2023
There's a lot of anxiety that comes along with playing Jenga. Something about the sound of those blocks coming down. Is your wealth planning any better? How sound is your foundation with your tax plan, estate plan, financial plan, as well as your business planning and retirement income planning? Join Neel for a brief look and how a quick game of Jenga can teach us about how all aspects of this planning must be interrelated.
April 04, 2023
It feels like it happens 2x/week that we get a phone call from somebody who's already embroiled in some trouble (lawsuit, etc.) & wants to start their asset protection planning. Every time we have to have a conversation about the right time to do asset protection planning. There are also some misconceptions with respect to LLCs and how they may/may not protect. Let's go over some basics this morning!
March 28, 2023
Spring has sprung! Time for new beginnings & to look on the brighter side. What are the brighter sides of the latest bad banking news? Is there any good that can come out of the Silicon Valley Bank, Signature Bank, First Republic Bank & Credit Suisse developments? Perhaps. Let's discuss. Plus-Neel has news! A shiny, new designation for the Business Owners e serve - Neel is now a Certified Exit Planning Advisor (CEPA)!
March 21, 2023
In the past 5 days, both Silicon Valley Bank & Signature Bank were shut down by regulators. Here's what you may need to know, and how it impacts your money/portfolio.
March 14, 2023
What do bell bottoms, Z cavaricci pants, wills IRA's and whole life insurance have in common? They may be things that provided value in the past, but not as much for you today. Here's what to do about it.
Plus our webinar details for tonight!
Mar 7, 2023
Don't worry, your calendar is not wrong. It is Wednesday, not Tuesday. Because of an important appointment, I wasn't able to come to you live yesterday. It reminded me of an important lesson that pertains to financial planning, estate planning and wealth management that I would like to share with you. Plus, information about our webinar next week!
“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb
March 01, 2023
Happy Valentine's Day! Dalia Lama once said, “We sacrifice our health in order to make wealth, then we sacrifice our wealth in order to get back our health.” There's a better way.
Dr. Lisa share some tips and introduces us to the concept of functional medicine. Because what's the point of having all the financial resources if you're not healthy enough to enjoy them, right?
February 14, 2023
What can Super Bowl teams teach about tax planning versus tax prep? Turns out there are some parallels. You wouldn't wait until the game starts to begin coming up with a strategy right? Unfortunately, a lot of people deal with taxes the same way and want to start their tax reduction planning when the year is over. Here are 6 key differences between tax planning and tax preparation. The difference can be huge, and costly.
February 07, 2023
2 years late, but I did it: I got the colonoscopy. And you know no matter where I go, I'm always seeking new ways to inspire & motivate folks. So, here are 6 takeaways from a medical procedure, that will also get you thinking about your financial planning.
Separately, and more importantly: colorectal cancer is the #3 leading cause of cancer deaths in the US. If you're over 45, & you have not yet gotten a colonoscopy - please speak to your doctor STAT.
After all, there's no point in making, and growing your money if you're not going to be around to enjoy it. Hope you'll join us on Shah Plan-it.
January 31, 2023
What are the financial implications of ending a marriage? Here are four considerations that any divorcing spouse should keep in mind.
January is unofficially been considered "Divorce" month for some time, but I just found out about it recently thanks to my friend James P. Joseph, a fantastic family lawyer in New York.
January 24, 2023
10 days into the new year, a lot of New Year's resolutions are falling apart. Let's go over five quick tips to help you with the money side of things. Also, at what point is it too late to say Happy New Year in the year?
January 10, 2023
When I was younger & I did not think walking qualified as exercise. It's funny how our thoughts and resolutions change as we get older. (Yes, it is exercise!) What should you be focusing on financially this year? And how you do it? Here is your guide to Wealth Planning in 2023 and beyond! Happy New Year & welcome to another year of Shah Plan-it!
January 03, 2023
Avatar was not the only sequel to be recently released. The Secure act 2.0 is on the brink of becoming law as part of congresses spending bill. As has become customary fashion, Congress has provided us with yet another year-end 'gift'. While the stockings were hung by the chimney with care Congress was pushing back RMD ages. Secure 2.0 is going to impact Roth IRAs, 529's, and yes even the age at which you have to take your requirement on distributions. How do these tie into your New Year's resolutions?
December 27, 2022
As human beings, we make associations. Some of them are correct some of them are not. Does coffee stun your growth? Should you not cut your nails at night? When the Fed raises rates, does that mean mortgage rates go up? And what does that mean for real estate owners and buyers in 2023? We are excited to have Mortgage Rockstar Pinky Shah join us on this episode of Shah Plan-It!
December 20, 2022
1 in 10 Americans have unclaimed property, over 3 billion dollars are returned by States annually, but most Americans don't know how or where to find out if they have unclaimed assets. In recent decades, many states of amended their laws to adopt more lenient definitions of what constitutes abandoned properties. How can you find out if you've got lost money? And when you find it, what can you do with it? Here's one idea which might also help with some tax benefits.
December 13, 2022
Neel has "Super" status! But what impact can these powers against this week's villain, the casino? And what if it wasn't a villain but an ally? The plot thickens...
Tune in this week as our hero explains investing lessons from deep within the enemy's lair!
December 06, 2022
GO USA!!! World Cup lessons for your investments. Where is Qatar & Wales anyway? What can we learn about investments from this Soccer/Football/Futbal tournament? Where were you 4 years ago?
November 29, 2022
What to look for with family members at Thanksgiving. Biden turns 80 in office, are you working until 80? Gratitude!
November 22, 2022
There's stocks, there's bonds, and the funds that hold them - but what about alternative investments? Also, how does supply and demand impact your index funds? Neel 's Uber ride this morning got him thinking.
November 15, 2022
With Halloween behind us, folks will now start thinking about charitable gifts leading up to the holidays. Which charitable strategies should you consider? Also-which stock market indexes doing well vs not doing well? And what is the deal with candy corn? Amazing treat or is it the "White Castle" of candy? (love it when you are having it, but cannot look yourself in the mirror after four or five pieces?)
November 01, 2022
I just got back from amazing conference in Las Vegas & have a ton of stuff to share with you on year-end tax planning, financial planning and retirement planning. And how to just have save a buck on your flights too. I am just going to whittle it down to 9 quick tips now, but more to follow!
October 18, 2022
Let's say we are headed to a Recession (Jamie Dimon says we are): What should you know? What should you do/not do? Here is a quick tip/primer.
October 11, 2022
NASA literally fired a 'DART' to affect a future direction of a disaster. So did the Federal Reserve (figuratively, that is). How are inflation rates & the asteroids similar? Also, an important reminder of the impact of your emotions on your portfolio.
September 27, 2022
Queen Elizabeth's recent passing reminds me of the wealth transfer tax system imposed in the US, and one of the public policy reasons cited for it. Let's chat about what you should know about estate taxes, gift taxes, inheritance taxes & other so called "death" taxes.
September 20, 2022
For ever team that won in the NFL this week, the same number of teams lost. How do you 'WIN' your financial plan? Here's a quick investing lesson you can learn from the NFL, from the 27 Principles series. Plus, information on how to access last week's Cybersecurity Webinar.
September 13, 2022
Nothing like waking up after a long weekend to a flat tire on a rainy day. This was not a part of the plan. But a change in plans does not mean you won't reach your goals, but it might be you have to adjust what you do - whether it is my flat tire, a portfolio which is down, or other changes in your finances.
September 06, 2022
The trip for a gallon of milk to Costco was $200, now it feels more like $400. But the government just passed a law to help right? Maybe not so much- at least not directly. Here is what you need to know about the new Inflation Reduction Act, plus what foreign chocolate means for your investments.
August 23, 2022
Just like your finances, you need to know the difference between your plan and goals in life. Here's a humbling reminder for me right now as my 1 hour layover is lasting a bit longer than expected.
August 16, 2022
It has been a wild first half of the year. Inflation up, recession, interest rates spiking, global unrest, and yes, COVID is still a thing. What should you know about the first half and what should you do about the second half?
We have already shared this with our clients, and then our newsletter subscribers. For anyone interested, here is the recording of this week's webinar with Neel Shah on 2002 Midyear Economic Updates and Outlook. Hope you enjoy, please feel free to reach out if you have any questions!
ItIsFunToLearn #CuzKnowledgeIsPower#TotalPlanning #financialplanning #investmentplanning #taxplanningstrategy
August 05, 2022
For those planning to win tonight's jackpot, and for those who are not: If you do win tonight's $800 million jackpot-here is what you should know. But if you are not planning to win the lottery (or just not tonight) - you should probably pay attention to this too.
ALSO!!! Do not forget to join us next Tuesday evening at 6 PM for our midyear economic update webinar and Outlook/financial action items for the rest of 2022. Registration link is in the comments below.
July 26, 2022
It's human nature: if things seem complicated, we are less likely to do them. Check out a simple 3 Bucket financial planning approach to start a meaningful dialogue.
July 19, 2022
How we rearranged the Shah 747; Tax, market & investment tips for the second half of 2022; free resources available for you.
July 12, 2022
We weren't just celebrating our nation's independence. I now have an adult child! Here is a tax tip and a legal tip I think all parents and grandparents should know and do!
July 05, 2022
Today's episode is going to be a little different. Neel will reveal some very personal thoughts as we celebrate our 1st 6 months of the Shah Plan-It show + What to expect from us in 2nd half of 2022.
June 28, 2022
Neel didn't realize how much there was to be learned about investments when hiking a particular challenging trail. Today : Mapping out your trail, knowing why you're investing, time horizons and risks. Need help figuring out your (investment) path? Feel free to reach out! Hope you enjoy today's episode!
June 21, 2022
I'm a "Bears" fan, not a Bear MARKET fan. S&P500 enters Bear market. What the heck does that mean & what should you know/do about it?
June 14, 2022
Your Financial Halftime adjustments! In the spirit of the NBA playoffs, it's almost halftime for 2022. Your 1st half may have gone the way you wanted. What are you doing for investments & finances for your halftime adjustments? Here are some ideas.
June 07, 2022
What if you used investments to cause social change? Gun violence, environmental, or other causes that matter to you. Investing should be consistent with a plan to help you to meet your financial goals - but Environmental, Social, and Governance (ESG) criteria are used to screen investments based on corporate policies and to encourage companies to act responsibly.
May 31, 2022
When the stock market behaves the way it has the first half of 2022, it's perfectly normal for consider doing something different. The allure of real estate draws people in. In today's Shah Plan-It podcast - some things to consider with Real Estate Investing.
May 17, 2022
When driving, the temptation is to shift from one lane to another in traffic because you don't want to be in the wrong lane when things start moving. When investing-do you want to do the same? (Spoiler alert: the answer is no. Here's why!)
May 10, 2022
We're told we should 'stay the course',
We know we should be 'disciplined',
But why? Can you prove it?
April 26, 2022
Elon musk is buying Twitter. Have a lot of your wealth in Twitter, Tesla, or some other stock? Most of us understand the need to diversify, but we don't really know how to do it. Especially if there's a lot of built up taxable gain. Here are a few strategies we've come up with for clients.
April 26, 2022
WHAT to do & WHEN to do asset protection planning, even if you may not have yachts and mansions to lose.
April 19, 2022
I love truffle fries/fried mac & cheese, but to link it to tax-preparation versus tax planning? That's wrong. But it's SUCH an important distinction - hopefully you'll forgive.
April 12, 2022
Leave it to the IRS to provide clarity and complicate things at the exact same time. IRA's are a little less straightforward now under the new SECURE act proposed regulations. Let's try to have a little fun as we talked about this morning, shall we?
April 05, 2022
Do you want to talk about skittles and how the diversification rainbow can benefit you?
Give us a call at 732-743-9550 or visit us at www.ShahPlan.com
bettywhite #thegreatresignation #antoniobrown #skittles
January 04, 2021
Blended families, NFL playoffs, volleyball fun and Atlantic City, Roth IRAs for the babies, and more!
January 18, 2022
UGMA = UGLY? (and UTMA’s too!)
Lemme drop some knowledge on ya… Webinar at the end of February!
January 25, 2022
The 'F' Word gets new life & (2) Why your U-G-M-A is U-G-L-Y (and so is your UTMA)
February 09, 2022
Join us Tuesday morning as Neel Shah of Shah Total Planning (www.ShahPlan.com) discusses what you need to know about Taxes, Estate Planning, Financial Planning, Retirement Strategies & other topics.
March 01, 2022
Russia-Ukraine, Gas prices, Market is causing a lot of discomfort. What can we expect? What has happened in the past? What do we do?
Prevention or cure? Both? Many have used the quarantine time to develop and deepen solid health habits & lifestyles. Others may be having a hard time due to existing or new health issues.
Join us to be informed & empowered with tips to focus on what is within your control. We are excited this week to bring you an exceptional individual who is an expert not just treating the illness, but preventing it in the first place.
Among the topics we will share this week:
- What the re-opening of the country means for your health.
- Gastroenterology issues seen by Dr. Shah during the pandemic.
- Things you can do now to help your health
- Opportunities for Growth & Controlling Your Mindset
- Mortgage, Financial, Tax & Legal Updates