Tag: Estate Planning

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What the Rockefellers Got Right About Legacy, Trusts, and Long-Term Planning (Ep. 21)

What the Rockefellers Got Right About Legacy, Trusts, and Long-Term Planning (Ep. 21)

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Lasting wealth is rarely accidental. It is shaped by intention, structure, and a clear sense of purpose that extends beyond one lifetime.

In this episode of The Tempus Podcast, Daniel Paikin and Robert Schlesinger explore what set the Rockefeller family apart and why their wealth and values continue generations later. They contrast that approach with families whose fortunes faded due to a lack of structure and foresight. The conversation breaks down family constitutions, trusts, liquidity planning, and the role permanent life insurance played in keeping assets unified. 

Throughout the episode, they connect these ideas to practical steps families can apply today, regardless of net worth, to define purpose, protect assets, and create continuity across generations.

Key takeaways:

  • Why long-term planning creates ripple effects that support charities, families, and communities for generations
  • How family constitutions help prevent fragmentation of wealth and guide responsible stewardship
  • The role of trusts in protecting assets from taxes, creditors, and probate delays
  • Why permanent life insurance became a core liquidity tool for multigenerational planning
  • How everyday families can adapt Rockefeller principles without extraordinary wealth
  • And more!

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Financial Advocacy and Strategy with Jennifer Fox of Finseca (Ep. 16)

Financial Advocacy and Strategy with Jennifer Fox of Finseca (Ep. 16)

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Understanding the mechanics of financial legislation and advocacy can help families and businesses grow.

How do advocacy groups influence legislation? What’s the impact of financial policies on individuals and businesses?

In this episode of The Tempus Podcast, Dan Paikin and Robert Schlesinger host Jennifer Fox, Vice President of Federal Affairs at Finseca. Jen talks about her work advocating for sound financial policies, explaining her dual role of educating lawmakers and supporting financial professionals, while offering insights into current tax and legislative trends.

Jen discusses: 

  • The mission of Finseca in advancing financial security for all through advocacy and policy creation
  • The role of lobbyists in informing and guiding lawmakers on financial topics like taxes and retirement policies
  • The evolving political environment in Washington, including its influence on financial regulations and tax legislation
  • The impact of legislative changes, including estate taxes and business tax deductions, on individuals and businesses
  • The importance of bipartisan cooperation for lasting and effective legislative outcomes
  • And more!

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About Our Guest: 

In her role as Vice President of Federal Affairs, Jennifer leads Finseca’s lobbying initiatives, advocating for policies that support the financial security profession. She educates policymakers and their staff on the importance of comprehensive financial planning, encompassing life insurance, retirement planning, and investments, to serve clients effectively.

Jen led Finseca’s political advocacy initiatives, which included the Ambassador Program, fly-ins, and political fundraising, including Finseca’s PAC. She is committed to assisting members in becoming politically involved and empowering them to share their stories. Jen has spent time at the White House and Capitol Hill, which has helped shape her knowledge of small business, technology, labor, and tax issues. She also serves as the President of The Advocacy Association. Jen was recognized by The Salute to Association Excellence as a Leading Association Lobbyist, an award that recognizes individuals who have demonstrated exceptional skill, effectiveness, and dedication in advocating on behalf of their organization and its members.

An alumna of George Washington University, Jen lives in Washington, D.C., with her husband, Jon, and their Chow-Chow, Coco.

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Importance of Estate Planning and Wills with Kevin Ghassomian (Ep. 4)

Importance of Estate Planning and Wills with Kevin Ghassomian (Ep. 4)

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Do you already have an estate plan in place? If not, the judicial system could be the one deciding who gets what in your family. With young children, it is especially important to designate a guardian in estate plans.

Listen in as Daniel Paikin and Robert Schlesinger speak with Kevin Ghassomian, a partner at Venable LLP, on estate planning and why it’s so important. They cover things like having a will, power of attorney, health care proxy, and living will declaration. 

Daniel, Robert and Kevin discuss: 

  • Why estate planning and having a will is important
  • What are the consequences of not having a will
  • How can irrevocable trusts be used to avoid estate taxes
  • What are the challenges and ongoing monitoring involved in estate planning
  • And more

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About our Guest: 

Kevin Ghassomian focuses his practice on the personal legal needs of business owners, corporate executives, high-net-worth individuals, and their families. Kevin’s representation covers all aspects of domestic and international estate planning, with an emphasis on tax minimization, asset protection, business succession, and philanthropy. Kevin also counsels individual and corporate fiduciaries on the administration of trusts and estates, including the preparation of gift and estate tax returns and defense of positions taken on those returns.

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