Today's episode features a special guest who brings a wealth of experience both professionally and personally. Kathryn Peyton, a CERTIFIED FINANCIAL PLANNER™ with Abacus Wealth Partners since 2016, joins us to share her invaluable insights on managing the role of an executor. We'll dive into Kathryn's personal journey, where she combines her professional expertise with real-life experiences, such as caring for her aging mother. Kathryn will discuss the significance of car rides and open conversations with elder family members, the financial and emotional investment of being an executor, and insights on how to prepare for and manage this crucial role. Join us to explore how to navigate the complex yet rewarding responsibilities of being an executor with our esteemed guest, Kathryn Peyton.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The role of a geriatric care manager and the benefit it can have to your elder and you
• A few ideas on how to balance personal and caregiving roles
• How to foster open and meaningful conversations with your elders
• How to create space and opportunities for elders so you can learn more about them and their wishes
• The importance of having open communication when it comes to end-of-life desires and planning
• A few tips on how to alleviate stress on the elder and on you as the executor
• A few things you should keep in mind if you are named someone’s executor
• The importance of having accounts designated as “pay on death”
• The time commitment as an executor
• What you can do to make your work as an executor streamlined before the person’s passing

• Blogs written by Kathryn Peyton

• Find Kathryn on LinkedIn and learn more about her by reading her bio.
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

In this episode, we discuss money lessons for our daughters and explore the crucial role of financial awareness, the importance of self-reliance, and the evolving financial roles of women in society. We'll share personal anecdotes, discuss historical contexts, and emphasize the importance of modeling positive financial behaviors for the next generation. We believe that money isn't just a tool for daily transactions—it's power. It's the key to independence, freedom, and making informed choices. Whether it's managing household finances, advocating for oneself, or navigating power dynamics in relationships, these lessons are vital for our daughters to learn early and understand deeply.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The importance of understanding where your money goes and how to make it work for you
• Why self-reliance is so importance when it comes to your finances
• The reason we, as parents, need to model positive financial behaviors for our children
• The misnomer regarding women and math and why gender bias in academia needs to be eliminated
• How women advocating for other women can impact your finances
• What conversations need to happen when couples have income differences
• When planning for your future, have you thought about these things?
• The best way to respond when you make a mistake
• Why you must believe in your abilities and validate your own worth
• How to advocate for change to make sure you have a seat at the table

• A Brief U.S. History of Women in Money and Finance by Josh Elledge
• Marriage & Money: Is a Prenup Right for You? with Terry Steen on If Money Were Easy
• The Rise of the Female Breadwinner: Key Planning Tips and Considerations by Alyssum Malone
• Cher Interview on Dateline with Jane Pauley. NBC. 1996.

• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

In today's episode, we explore the often-misunderstood topic of prenuptial agreements (prenups). Joining us today is our esteemed guest, Terri Steen, an experienced family law attorney and mediator who has been practicing family law in Los Angeles since 2009. We'll explore the phases of prenuptial agreements, their impact on communication and empathy in relationships, and what makes for successful prenup negotiations. We'll also touch upon the importance of postnuptial agreements, legal obligations for immigrant spouses, and the complexities of commingling finances. And of course, we’ll share Terri's personal insights and experiences that shed light on why prenups can be a vital tool for protecting individual assets and ensuring financial clarity in marriage.

So, whether you're considering a prenup, navigating financial discussions with your partner, or simply curious about the legal and emotional facets of marriage and money, stay tuned—this episode is packed with valuable insights and practical advice.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The importance of have open money conversations early in your relationship
• The three phases of prenuptial agreements and how to navigate the potential emotional challenges
• How to talk about financial history and future financial planning in your relationship
• Why prenups should come from a mutual understanding
• The reason understanding legal obligations around finances and marriage is important in your relationship
• How to maintain separate properties and some of the rules around community property
• How often you should be looking and updating your prenuptial agreement
• A reason to seek legal counsel before marriage
• The fundamental principal to achieve financial stability while making sound financial decisions
• The stigmas surrounding prenups

• Connect with Terry on LinkedIn
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

While not always an easy conversation to have, talking and preparing for the death of a loved one is incredibly important. On this week’s episode, we’re joined by Jana Davis, a financial advisor at Abacus Wealth Partners, who specializes in working with octogenarians and people in their later chapters of life. Jana’s approach to financial planning is rooted in empathy and radical candor, making sure that elderly clients are treated with the respect and dignity they deserve. Today, we'll be diving into the importance of having open and honest conversations with our aging family members, making comprehensive plans well ahead of time, and the necessity of having a strong support team in place. Tune in as we explore the critical steps in end-of-life planning and share advice on how to handle these conversations with care and empathy.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The best way to handle the conversation around finances and health care planning for elderly family members
• What to consider when talking about fears and concerns for those elderly family members
• The best time to start planning for the death of a loved one and some signs to look for
• A few key pieces of information to generate (if they haven’t been already) to make for efficient and effective planning
• What to ask for when understanding the person’s financial portfolio
• Some of the trusted advisors to have on the team as you and your elderly family member navigate these waters
• Why estate planning and expense management is crucial as end-of-life approaches
• The importance of involving your children for the parents’ financial affairs
• How to guard again scams and elder abuse
• Why a balance between empathy and logic in financial planning must be used

• Connect with Jana Davis on LinkedIn or reach out at Jana@AbacusWealth.com
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

Today, we're diving into a topic that can make or break a business—tax planning for entrepreneurs. In this episode, we’re excited to have Tiffany Vaught join us. Tiffany is not just any CPA; she’s a Certified Exit Planning Advisor (CEPA®) for small business owners, the CEO of Incurio, LLP, and the co-founder of Something Artists. With her entrepreneurial spirit and extensive experience, Tiffany brings a wealth of knowledge about proactive financial planning and tax strategies that can help you navigate your business journey with confidence.

We'll discuss tax planning essentials—whether you're a sole proprietor or contemplating making an S Corp election, the significance of maintaining accurate records, and Tiffany’s insights on the IRS’s increasing use of AI for audits. We’ll also touch on how unique income streams and expenses, like those from influencers, or complex real estate investments, play into your tax planning. So, whether you're a seasoned entrepreneur, a solo consultant, or just starting out, join us!

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• How a CPA can help provide financial solutions in your business
• When to do your own accounting and when to hire a professional
• The importance of understanding basic accounting to facilitate planning and tax filings
• Why accurate and timely bookkeeping is crucial for business strategy and financial planning
• How frequently you should be checking your business books and why
• A key to long-term business stability
• The best way to improve cash flow management and mitigate unforeseen financial challenges
• How to shift your operations from hand-to-mouth to forward-looking financial health
• What you need to be strategic with cash flow management and acquiring lines of credit
• Understanding how entrepreneurs can avoid crises and optimize growth strategies

• The Soul of Money: Reclaiming the Wealth of Our Inner Resources by Lynne Twist

• Connect with Tiffany Vaught on LinkedIn, Twitter, and Instagram. Visit Encuriohq.com to learn more.
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

In today's episode, we tackle a significant question: Is Homeownership Still Part of the American Dream? It’s a complex topic, influenced by changing economic landscapes, psychological factors, and the ever-evolving housing market. We'll explore the benefits and challenges of homeownership, discuss current market conditions, and offer practical advice for those considering whether to own real estate as part of their financial journey. Tune in as we help you understand whether homeownership should still be a dream you aspire to—or if there are other paths to financial success worth considering.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• The evolution of homeownership as part of the American Dream
• Why older generations have benefited more from the housing market
• The impact high-interest rates are having on the housing market
• How supply and demand are sharping the housing market
• Discussing the question of whether you should buy or rent
• The current economic impact that is occurring across multiple industries because of the shift in the housing market
• How to balance a home down payment with your other financial goals
• Who you should consider having on your team if you are interested in buying a home and the impact a good team can have
• A few things to think about when looking at a house as a long-term investment
• Why it’s important to look to the future when thinking about becoming a potential homeowner

• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

Raising kids takes a village. As the old saying goes, it really does take a community to support parents, especially in this day and age of over-scheduled lives and demanding careers. Having a tribe you can lean on makes all the difference. In this episode, Mary Beth and Neela get real about their own experiences relying on their village. They touch on topics such as the importance of building a community, learning how to ask for help, even when it’s uncomfortable, navigating the pressure to “do it all” as working moms, and how investing in your village pays dividends for your family and your career.

So let’s get ready for an honest conversation about needing your people to get through this wonderful, exhausting journey called parenting. Let's dive in!

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• Why building a supportive community is crucial for navigating parenthood
• Where to look for valuable support and resources
• The importance of asking for help and being vulnerable
• Individuals you can lean on for much-needed breaks
• How to attack parenthood through delegation
• The best way to navigate summer activities and camps for children
• Outside-the-box ways to invest in relationships and support each other
• The one word that can help avoid overcommitting and allow you to maintain a healthy life balance
• The encouragement you can provide your children to assist with additional support
• Why it’s important to cultivate a diverse and supportive community, for you, for your family, for your career and for your financial future

• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn

Today, we’re joined by a special guest, Daria Victorov, who is a financial advisor at Abacus Wealth Partners, and specializes in working with young professionals in tech and those who have come into wealth at a young age. Join us as we dive into the topic of financial planning for young inheritors. We'll explore the unique challenges and opportunities faced by those who come into wealth early in life, and Daria will share her insights on how to navigate this complex journey. Whether you're a young inheritor yourself or simply curious about the financial dynamics of inherited wealth, this episode is packed with valuable information and practical advice.

For additional resources, information, and a full transcript of the episode, visit our website. To access our podcast disclosure information, visit this page.

• How Daria got into the niche of working with young inheritors
• The age demographic of a “young inheritor” and a few things they struggle with
• When inheritors typically come to seek guidance from a financial advisor
• The approach many inheritors take after inheriting wealth
• Why managing money is important for everyone, regardless of your income level
• The emotional and social struggles young inheritors face
• Why some young inheritors struggle with lifestyle adjustments
• Some of the initial responses financial advisors see with the inherited money
• How family dynamics play when it comes to inheritance and trusts and how an independent party can help navigate those family dynamics
• How long it can take some to create a build financial confidence

• Connect with Daria via email at daria@abacuswealth.com or on LinkedIn
• Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
• Connect with Neela on Twitter, Instagram, and on LinkedIn
• Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn