In this episode, Victor Gaxiola, Carolyn Rowland, and KimGaxiola discuss the importance of estate and legacy planning. They explore the differences between wills and trusts, the significance of avoiding probate, and how to align financial planning with personal values. The conversation emphasizes the need for regular updates to estate plans and the role of financial planners in guiding clients through these complex decisions.

Key Takeaways

• Establishing a will and trust is crucial for asset protection.
• Avoiding probate can save time and money for beneficiaries.
• Aligning financial planning with personal values is essential.
• Regular updates to estate plans are necessary due to life changes.
• Trusts offer more control over asset distribution than wills.
• Beneficiary designations on IRAs and 401ks must be current.
• Estate planning involves challenging but necessary conversations.
• Financial planners play a key role in estate planning guidance.
• Charitable giving can be a significant part of legacy planning.
• Specificity in estate documents ensures wishes are carried out.

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Visit ⁠⁠http://www.resilientplanning.com⁠⁠ to learn more about our team or ⁠⁠CLICK HERE⁠⁠ to schedule some time with our team.

V2

In this episode of the Resilient Investors Podcast, hostsVictor Gaxiola, Carolyn Rowland, and Kim Gaxiola discuss the intricacies of tax planning and its critical role in financial management. They discuss the differences between tax preparation and tax planning, the importance of specialized tax strategies, and how technology aids in effective tax management. The conversation also highlights the significance of tax planning for business owners, high net worth clients, and the correlation between tax and estate planning, emphasizing the need for a proactive approach to retain wealthacross generations.

Takeaways

• Tax planning should be proactive and strategic.
• Understanding the differences between CFP and EA is crucial.
• Tax planning is not just an April task; it should be ongoing.
• Technology plays a significant role in tax planning efficiency.
• Investment strategies must consider tax implications.
• Business owners need tailored tax planning strategies.
• Generational wealth requires thoughtful tax and estate planning.
• Control over investments can minimize unexpected tax liabilities.
• Tax loss harvesting can significantly reduce tax burdens.
• Collaboration among financial advisors enhances client outcomes.

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Visit ⁠http://www.resilientplanning.com⁠ to learn more about our team or ⁠CLICK HERE⁠ to schedule some time with our team.

In this episode of the Resilient Investors podcast, Victor and Kim Gaxiola discuss the findings from their “Mastering RSUs-Data-Driven Insights & Strategies for Long-Term Financial Success” whitepaper, exploring the complexities of Restricted Stock Units (RSUs). 

As a significant component of modern compensation, they unpack the implications of RSUs on employee retention, the balance of hope and uncertainty in equity compensation, common mistakes in managing RSUs, and actionable strategies for effective management. The conversation emphasizes the importance of diversification and proactive financial planning to mitigate risks associated with over-reliance on company stock.

Takeaways

• RSUs are often misunderstood but are crucial inmodern compensation.
• Employees may feel trapped by their RSUs,impacting morale.
• Confirmation bias can lead employees tooverestimate their company's stability.
• Tax law changes can significantly affect thevalue of RSUs.
• Many employees do not diversify their RSUs,increasing risk.
• Strategic selling and diversification are key tomanaging RSUs effectively.
• Creating a financial plan is essential formanaging RSUs.
• Engaging with financial advisors early can helpmitigate risks.
• Understanding the tax implications of RSUs iscritical for planning.
• Proactive management of RSUs can lead tolong-term financial stability.

Download a copy of the RSU White Paper - CLICK HERE

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Visit ⁠http://www.resilientplanning.com⁠ to learn more about our team or ⁠CLICK HERE⁠ to schedule some time with our team.

In this episode, Victor and Kim Gaxiola discuss the investment management process, building on their previous conversation about financial planning. They explore the importance of understanding investment models, the stages of investment (accumulation, preservation, and distribution), and the significance of asset allocation.

The conversation emphasizes the need for a disciplined approach to selling investments, the role of the Resilient Wealth Planning Investment Committee, and the integration of financial planning with investment management. They alsotouch on the importance of tax planning in preserving wealth that will be the topic of an upcoming podcast.

Key Takeaways

• Investment management is a vehicle to achievefinancial goals.
• Understanding investment models is crucial foreffective management.
• There are three primary stages of investment:accumulation, preservation, and distribution. 
• Asset location can significantly impact taxefficiency and investment strategy. 
• Preservation mode requires a conservativeapproach to protect assets.
• Sell discipline is essential for effectiveportfolio management.
• Consistent contributions to investments lead tobetter long-term results.
• Investment strategies should be flexible andadaptable to market conditions . 
• The investment committee plays a vital role inshaping investment strategies.
• Tax planning is critical for preserving wealthand minimizing tax liabilities.

Subscribe now to stay updated on future episodes and join us on this journey to financial empowerment.

Visit ⁠http://www.resilientplanning.com⁠ to learn more about our team or ⁠CLICKHERE⁠ to schedule some time with our team.

#InvestmentManagement#FinancialPlanning #AssetAllocation #RiskManagement

Join Victor Gaxiola, Kim Gaxiola, and Carolyn Rowland as they delve into the intricacies of financial planning. Discover how understanding your current financial position, setting goals, and crafting a strategic plan can guide you to financial success. Learn about the importance of data accuracy, the role of investments, and the behavioral aspects of financial planning.

Key Points:

• Introduction to financial planning: Understanding where you are and where you want to go.
• The financial planning process: Gathering data, setting goals, and crafting a plan. Importance of accurate data and regular check-ins.
• Behavioral aspects: Understanding clients' relationships with money.
• Tax and legacy planning: Aligning strategies with long-term goals.
• How to get started with Resilient Wealth Planning.

Visit our website at https://www.resilientplanning.com/ to learn more. To schedule a discovery meeting and explore how financial planning can benefit you- CLICK HERE

#FinancialPlanning #WealthManagement#InvestmentStrategy

Next Episode Teaser: Stay tuned for our next episode where we dive deeper into our investment selection process and how it alignswith your financial plan.

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In this episode of the Resilient Wealth Planning Podcast,host Victor Gaxiola introduces the key members of the Resilient Wealth Planning Operations Team. The conversation highlights the importance of each team member's role in providing exceptional client service and support. ChristiniaSardam shares her journey in the financial industry, Kaitlin Knepper discusses her role as Director of Client Experience, and Lucas Sorich, the newest team member, shares his aspirations in financial planning. The episode emphasizesthe team's commitment to resilience and adaptability in the face of challenges, showcasing their dedication to helping clients navigate their financial journeys.

Takeaways

• The Resilient Wealth Planning team is essential for client support.

• Resiliency in financial planning means having tools for crises.
• Team dynamics enhance client relationships and experiences.
• The importance of empathy in financial services is highlighted.

• Building trust with clients is crucial for long-term relationships.
• The team aims to make financial planning a seamless process.

Subscribe now to stay updated on future episodes and join uson this journey to financial empowerment.

Visit http://www.resilientplanning.com to learn more aboutour team or CLICK HERE to schedule some time with our team.

What will you do when your money works for you?

Welcome to the Resilient Investors Podcast! Join hosts Victor Gaxiola, Kim Gaxiola, and Carolyn Rowland of Resilient Wealth Planning as they embark on a journey to empower you with insights into financial planning and resilience.

In this inaugural episode, discover the unique backgrounds of our hosts and learn how they plan to navigate the complex world of finance, helping you make informed decisions.Tune in to explore strategies that will guide you through economic challenges and opportunities. Don't miss out on this exciting new venture!

Key Topics:

• Meet the hosts: Victor, Kim and Carolyn
• The mission of the Resilient Investors Podcast
• Insights into financial planning and resilience
• Strategies for navigating economic challenges

Subscribe now to stay updated on future episodes and join us on this journey to financial empowerment.

Visit ⁠http://www.resilientplanning.com⁠ tolearn more about our team or ⁠CLICK HERE⁠ to schedule some time with our team.