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Speaker 1: All these years you've saved up planning for a secure retirement,

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Speaker 1: but if you're not careful, it will be the irs

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Speaker 1: that is living it up when you retire by taxing

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Speaker 1: your hard earned money. Welcome to the Maggie Tax and

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Speaker 1: Financial Show with Robert and Chris Maggie of Maggie Tax

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Speaker 1: and Wealth Advisors. With over four decades of combined experience

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Speaker 1: and tax savings, income planning, and investment opportunities, Robert and

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Speaker 1: Chris share advice and tax planning strategies designed to protect

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Speaker 1: your retirement next day from Uncle Sam. Call them at

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Speaker 1: eight three three Maggie Tax or online at Maggie Tax

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Speaker 1: dot com. And now your host for the Maggie Tax

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Speaker 1: and Financial Show, Robert and Chris Maggie.

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Speaker 2: Welcome to the Maggie Tax and Financial Show, where your

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Speaker 2: money meets mastery. I'm Bobby Maggie, and every week we

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Speaker 2: dive deep into the dollars and cents beyond your financial future.

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Speaker 2: Whether you're a business owner, a working professional, or just

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Speaker 2: trying to make sense of your taxes, this is your

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Speaker 2: front row seat to clarity, strategy and financial environment. So

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Speaker 2: from tax tips that save you thousands to financial insights

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Speaker 2: that build your legacy. We're not just talking numbers, we're

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Speaker 2: changing lives. So buckle up because today's episode is packed

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Speaker 2: with powerful tools, expert advice, and maybe even a few surprises.

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Speaker 2: So Chris, let's unlock your financial potential with these folks

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Speaker 2: right here, right now today.

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Speaker 3: Well, i'd say welcome everyone. I'm Chris Maggie and thank

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Speaker 3: you so much for tuning into the Magi Tax and

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Speaker 3: Financial Show and glad to be here as always because

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Speaker 3: there's so much information that we want to share with you.

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Speaker 3: Visit our website at Maggie tax dot com. That's m

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Speaker 3: A G G I T a X dot com, Maggie

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Speaker 3: tax dot com and don't forget every Sunday on ABC TV,

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Speaker 3: tune into our show right on TV ten thirty am

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Speaker 3: for The Maggie Tax and Financial Show. So we do

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Speaker 3: tax planning, income planning, investment planning, and state planning, so

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Speaker 3: security maximization planning, we do complete planning. Is the bottom line.

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Speaker 3: That's all you really want to understand is that you

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Speaker 3: want to work with an advisor who looks at everything

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Speaker 3: you know. If you're getting income, you want to make

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Speaker 3: sure they get income on the most tax efficient way.

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Speaker 3: If you have investments, you want to make sure that

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Speaker 3: you're paying leads Mountain taxes. So that's what we do.

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Speaker 3: Telephone numbers eight three to three mag attacks, pick up

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Speaker 3: the phone, schedule time to meet with us anytime.

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Speaker 2: So a couple things right now, the power of purposeful

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Speaker 2: income planning. I think a lot of folks get confused

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Speaker 2: about income planning. So we're going to talk about why

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Speaker 2: income planning isn't just for retirees. It's for everyone listening

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Speaker 2: to today's show, whether you're young, or middle aged or retired,

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Speaker 2: you have to start thinking about income planning. How aligning

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Speaker 2: income with life goals creates financial clarity. Again, many people

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Speaker 2: don't think about, you know, longevity about you know, you're

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Speaker 2: in your forties. I'm older obviously, But if you start

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Speaker 2: young and you start putting a plan together, that's what

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Speaker 2: income planning is about. And I want to talk about

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Speaker 2: common myths that hold people back from planning effectively. I

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Speaker 2: don't have time, I'm not making enough money. You know, Chris,

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Speaker 2: you talk about this all the time. And when you

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Speaker 2: were younger, and I know when I was younger, I

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Speaker 2: used to cut grass, I used to you know, shovel snow,

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Speaker 2: and I used to get twenty bucks or twenty five dollars,

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Speaker 2: and my dad would say, you've got to put and

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Speaker 2: you've got to put something away. Take five dollars, put

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Speaker 2: it away, ten dollars, put it away, and just put

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Speaker 2: it away and forget about it like you never got it.

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Speaker 4: And I think the mistake that people make is that

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Speaker 4: they spend. They spend, they spend.

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Speaker 2: And now, as you and I know, I've been doing

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Speaker 2: this for over thirty years, how many people we see

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Speaker 2: that do not plan for retirement and are not ready

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Speaker 2: to retire where they think they got a work pissed

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Speaker 2: a certain age because they just didn't plan. And I

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Speaker 2: think Chris, for you, you're a young guy, and for

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Speaker 2: young people out there, you have to start somewhere well.

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Speaker 3: As just said, so you know when you're discipline and

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Speaker 3: I know, life happens, right, you have kids, you have

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Speaker 3: a job. People, a lot of people are moving jobs

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Speaker 3: and they have old form one CA's which you need

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Speaker 3: to roll these old forone on cas new Ira and

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Speaker 3: we can show you how to do that. So if

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Speaker 3: you have a a couple of different old form one case,

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Speaker 3: we can show you. But in coomplaining is start thinking

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Speaker 3: about your own paychecks and play checks. That's the biggest thing.

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Speaker 3: And that's some of the myths that people have. Would

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Speaker 3: you just say, you know, you have to keep up

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Speaker 3: with some of the expenses, and you have to pay

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Speaker 3: a mortgage and our card payment, and life happens. I

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Speaker 3: get it. But if you could just understand, if you're

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Speaker 3: early enough and you're young enough, put money away consistently.

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Speaker 3: You know, you try to live off of one person's income,

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Speaker 3: but if that doesn't happen, but then you need to

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Speaker 3: live off of both. But you still can try to

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Speaker 3: find to put money away in a bucket because it's

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Speaker 3: you need to create your own income plan in the future.

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Speaker 3: And if you're about to retire or you're retired, and

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Speaker 3: if you have these buckets that are just piles of money,

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Speaker 3: you need to turn it into an income stream. So

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Speaker 3: the power is so important with your future income and

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Speaker 3: you need to have a purpose to do it. And

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Speaker 3: while you're saving, put that money away. But when you

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Speaker 3: have the buckets, let's create an income stream.

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Speaker 2: And one thing that I would use, it's a habit,

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Speaker 2: and it's a habit that you have to do.

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Speaker 4: Like you brush your teeth every day, you take a shower.

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Speaker 4: That's a habit.

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Speaker 2: It's the same thing with saving, Chris, I mean your

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Speaker 2: daughter and your son. Give an example, my granddaughter or

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Speaker 2: your daughter seve years old, and I said to her yesterday,

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Speaker 2: what do you do when you get money? She says,

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Speaker 2: I put it in my piggy bank. I said, what

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Speaker 2: does your brother do? Oh, he spends it on baseball cards?

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Speaker 2: I said, does he save? She says no, not exactly.

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Speaker 2: So there's a perfect example. And this is coming from

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Speaker 2: your kids. This is the truth. Your Your daughter's a

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Speaker 2: she's a thrill. I mean, she's I save it. She said,

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Speaker 2: it goes in my piggy bank. So what what what

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Speaker 2: example does that set?

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Speaker 4: You know?

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Speaker 3: Well, that's just it the discipline. You know, she's seven, right,

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Speaker 3: but that's just her mentality. She doesn't want to want

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Speaker 3: to spend it. She keeps it. But you got my

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Speaker 3: son who wants to spend on everything he's got. So

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Speaker 3: what do you do. You have to have a discipline approach, right,

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Speaker 3: And that's why when you're early on, try to save

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Speaker 3: as much as you can. But when you're at the

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Speaker 3: point you need to create income buckets.

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Speaker 2: Well stay with that for a second, because people don't

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Speaker 2: know how much to save. That's a big question you

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Speaker 2: and I get all the time. And if you use

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Speaker 2: your age minus one hundred where you can start putting

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Speaker 2: money into safe investments or even part into a savings account,

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Speaker 2: and then as you get older and time goes on,

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Speaker 2: you could start bumping that up and then it becomes

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Speaker 2: a lot of money.

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Speaker 3: That's right, you know, in time, time is great when

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Speaker 3: you have the value of time and the interest rates

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Speaker 3: and a compounding interest. We can show you how to

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Speaker 3: create those buckets and invest those buckets. So diversifying income

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Speaker 3: streams and building financial resilience is as important as putting

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Speaker 3: money away. You know, you want to explore active income

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Speaker 3: sources and also passive income sources. Do you have rental properties,

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Speaker 3: do you have interest dividends or your investments giving you

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Speaker 3: the income you want? Or is it from social security

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Speaker 3: or a pension. These are things that we have to

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Speaker 3: talk about. So when you come in to meet with us,

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Speaker 3: we can put together an income plan for you. You know,

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Speaker 3: what about what about side hustles or you know, putting

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Speaker 3: money getting money from side investments. It could be maybe

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Speaker 3: your own contractor or a part time job. You know,

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Speaker 3: these are things that we're talking about, but there are

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Speaker 3: real life examples of diversified income strategies that work. People

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Speaker 3: are living off of their income streams. They are buckets

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Speaker 3: of money that are generating income. So if you have

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Speaker 3: questions and want to know how to do that for yourself,

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Speaker 3: pick up the phone, schedule time to meet with us.

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Speaker 3: Let's get together. Eight three three, Maggie tax, let's talk

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Speaker 3: about income. What about tax efficient income strategies?

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Speaker 4: Well, good point.

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Speaker 2: There the biggest problem I see, you know a question

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Speaker 2: we get how to structure income to minimize tax liability.

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Speaker 2: It's pretty simple. The more money you make, the more

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Speaker 2: tax you're going to pay. But every year I hear

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Speaker 2: the same thing and they tell Chris and I I'm

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Speaker 2: paying too much in taxes, and the truth is you're

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Speaker 2: not paying enough in taxes. And right now we all

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Speaker 2: know that Trump tax cuts were extended, which is a

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Speaker 2: good thing. So when you come in and meet with us,

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Speaker 2: we can explain to you how it's going to benefit

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Speaker 2: you not hurt you. And I think that's going to

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Speaker 2: be It's a big question. It's a big question on

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Speaker 2: everybody's mind. So you know, once you understand what you

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Speaker 2: make and what you have to pay in taxes and

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Speaker 2: the deductions. You might be surprised because you might not

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Speaker 2: pay as much tax as you think you're going to.

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Speaker 3: Well, let's just sit too, and let's add on that.

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Speaker 3: Because the people get income, we meet with clients and

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Speaker 3: we do reviews. They get any income, but a lot

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Speaker 3: of them are the most tax efficient way. But then

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Speaker 3: we see new clients come in and they're getting income

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Speaker 3: and paying a lot in tax, and then their sold

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Speaker 3: securities getting taxes as much as eighty five percent. They're

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Speaker 3: not really sure how to way is to reduce it.

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Speaker 3: That's why tax efficient income strategies are so important, and

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Speaker 3: the role of your retirement accounts and capital gains tax

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Speaker 3: and tax brackets. You know, these are things that you

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Speaker 3: have to be aware of. And if you're working with

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Speaker 3: an advisor who's not even talking about tax efficient income,

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Speaker 3: then you need to do something about it because you're

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Speaker 3: going to be paying more in tax. You're leaving money

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Speaker 3: on the table that's going to Uncle Sam, that should

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Speaker 3: be going to you and your family. And I was

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Speaker 3: giving an example at a client that came in last week.

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Speaker 3: Perfect example. They would take it out ten thousand dollars

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Speaker 3: from their IRA account and the broker said, go ahead

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Speaker 3: and do that. Meanwhile, if they took the ten thousand

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Speaker 3: from the non IRA account, they'll pay no tax. The

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Speaker 3: solid security wouldn't got taxed. But now the broker advised

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Speaker 3: them to take it from a different distribution source and

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Speaker 3: it caused more tax, and the solid security got tax

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Speaker 3: on top of it. And that's where it's so important

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Speaker 3: to make sure you have tax efficient strategies. And that's

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Speaker 3: what we can help you with.

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Speaker 4: Well, go back to one thing. We talk about retirement accounts.

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Speaker 2: Right now, the biggest question people ask is the rmds

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Speaker 2: and how much they have to take out, you know,

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Speaker 2: what capital gains they have on their retirement accounts. These

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Speaker 2: are all questions that you have that you need to

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Speaker 2: call us right now. Income planning for retirement turn your

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Speaker 2: assets into paychecks. Turn your assets into paychecks. And the

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Speaker 2: only reason why I say that twice is because you

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Speaker 2: probably don't know how to do that, how to transition

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Speaker 2: from earning to withdrawing. You know, you work all your life,

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Speaker 2: you save, but then you have to know how to

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Speaker 2: withdraw that money, and like Christen, in the most tax

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Speaker 2: efficient way. You know, there are strategies for sustainable withdrawals.

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Speaker 2: The rule was four percent rule, you know, take four

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Speaker 2: percent out, four percent out, but that's changed. What we

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Speaker 2: do is we do bucket planning. And bucket planning is

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Speaker 2: a lot easier to understand than just withdrawing and deleting

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Speaker 2: that account. So social security, we talk about pensions and annuities.

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Speaker 4: What to know and how to plan.

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Speaker 2: These are questions that you should have and you should

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Speaker 2: be able to commit in talk to us eight three

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Speaker 2: to three Maggie Tex sit down and do income planning

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Speaker 2: with us, and some investment planning and again retirement planning.

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Speaker 4: That's what we're talking about today. So you have, you know,

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Speaker 4: a purposeful reason for income planning and retirement planning.

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Speaker 3: Absolutely, and that's a wrap on incomplaining. And but don't

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Speaker 3: get too comfortable because next time we're going to dive

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Speaker 3: into the world of investment plan that's we're going to

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Speaker 3: lead into next segment. You know, where your money doesn't

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Speaker 3: just sit, it works and it works hard. So we'll

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Speaker 3: break down smart strategies on cover hidden opportunities and show

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Speaker 3: you how to build a portfolio that's built to last,

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Speaker 3: whether you're just starting out or ready to level up.

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Speaker 3: So stay tuned, stay sharp and get ready because the

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Speaker 3: Maggie Tax Advisory Show is right here and your future

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Speaker 3: is armed in the n give us called a three

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Speaker 3: to three Maggie Tax.

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Speaker 1: Stop funding Uncle Sam's retirement and start planning for your

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Speaker 1: own successful retirement. As we return to the Maggie Tax

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Speaker 1: Financial Show with your host Robert and Chris Maggie with

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Speaker 1: Meaggie Tax and Wealth Advisors. For information on how you

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Speaker 1: can create a tax free retirement, call eight three three

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Speaker 1: Maggie Tax, or visit Maggie Tax dot com. Now your

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Speaker 1: host with Maggie Tax and Wealth Advisors Robert and Chris Maggie.

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Speaker 2: Welcome back to the Maggie Tax and Financial Show. Today

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Speaker 2: we're talking about investment planning, but not just in terms

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Speaker 2: of charts and returns. We're talking about investing in your future,

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Speaker 2: in your family and your freedom, and that's what you

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Speaker 2: all should be thinking about. I'll never forget one client,

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Speaker 2: a single mom working two jobs, just trying to make

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Speaker 2: ends meet, and she didn't think.

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Speaker 4: Investing was for her.

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Speaker 2: But we started small, like I said before, with a

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Speaker 2: plan built around her goals. Five years later, she had

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Speaker 2: enough saved to buy her first home and start a

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Speaker 2: college fund for her daughter and she cried. She cried

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Speaker 2: in my office when we told her, well, she told me,

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Speaker 2: actually not because of the money, but because she finally

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Speaker 2: felt secure and she finally felt hope. And that's what

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Speaker 2: all of you might be feeling right now. But it

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Speaker 2: can be done. That's what investment planning is really about.

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Speaker 2: It's not just about wealth. It's about possibility. And today

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Speaker 2: we're going to explore how you can take control of

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Speaker 2: your financial future, one smart decision at a time. And Chris,

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Speaker 2: I think what the problem is that most people feel

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Speaker 2: they got to do it all at once and they

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Speaker 2: don't realize that. Think about it. We all grew up

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Speaker 2: as a baby. Okay, we didn't just jump into college.

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Speaker 2: You know, we didn't run.

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Speaker 4: We crawled and then we walked, and then we ran

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Speaker 4: and then life goes on. It's the same thing with

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Speaker 4: you know, investing for your retirement for life. Isn't that correct?

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Speaker 3: Absolutely? And that's why you have to define your purpose

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Speaker 3: before you start with different products, and investment planning is key.

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Speaker 3: And my dad said said it, well, it's about possibility.

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Speaker 3: And investment planning starts with the question or the word

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Speaker 3: why why are you saving for retirement? Why are you

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Speaker 3: saving for a child's education while you why you're saving

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Speaker 3: for financial independence. These are the things that we need

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Speaker 3: to understand what your goals are.

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Speaker 4: Right.

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Speaker 3: Knowing your goals help determine your risk tolerance, your time horizon,

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Speaker 3: as well as the right mix of assets to choose from.

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Speaker 3: So at our firm, we do complete planning and as

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Speaker 3: a registered investment advisory firm, we have a plethora of

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Speaker 3: strategies and investments that we can help you. Whether it's safety,

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Speaker 3: whether it's for growth, whether it's for inflation, whether it's

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Speaker 3: for a lot of dividend producing, whatever it is, we

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Speaker 3: can help you. We just need to understand what you're

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Speaker 3: looking for.

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Speaker 2: You know, it reminds me when I was younger, and

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Speaker 2: many many people out there I might remember what I'm

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Speaker 2: going to talk about, but I used to save for

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Speaker 2: a Christmas club because I'd save, you know, five dollars

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Speaker 2: a week or ten you could do twenty and probably

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Speaker 2: many of you shaking your head. But at the end,

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Speaker 2: by October November, I used to get a check from

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Speaker 2: the bank for five hundred dollars or one thousand dollars

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Speaker 2: to buy Christmas presents. And that's how I learned how

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Speaker 2: to shop, but I also learned how to save. But

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Speaker 2: here's the thing, you know, what is your risk level

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Speaker 2: when you do that? How do you invest money to

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Speaker 2: make money not to lose money? Because many people just think,

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Speaker 2: you know, it's the best stock, it's the best bond.

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Speaker 4: That's not the case.

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Speaker 2: It's investment planning and risk tolerance. Chris and you talk

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Speaker 2: about risk all the time, and this is for everybody,

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Speaker 2: young and old. You can take some risk when you're young,

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Speaker 2: you can take less risk when you're older.

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Speaker 3: And that's the thing. You want to meet with an

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Speaker 3: advisor who can determine your risk. And if you don't know,

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Speaker 3: then we can help. So pick up the phone, schedule

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Speaker 3: time to meet with us. Let's talk about your investment plan.

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Speaker 3: Whether you're working, you put money away, whether you're retired

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Speaker 3: and you just really just have piles of money, there's

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Speaker 3: really no idea and purpose of what to do. Well.

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Speaker 3: We can help with you with that because we can

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Speaker 3: look at your accounts. We can manage your accounts. We

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Speaker 3: can show a type of risk you're taking with your accounts.

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Speaker 3: Do you need income from them? We just want to

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Speaker 3: let it grow so we can diversify your portfolio. And

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Speaker 3: diversification isn't just a buzzword. It's protection.

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Speaker 4: You know.

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Speaker 3: Spreading investments across asset classes like stocks, bonds, ETFs, real

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Speaker 3: estate helps reduce risk. I mean there's different types of

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Speaker 3: CDs or a straight fixed innuities or index and uities,

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Speaker 3: but a well diversified portfolio can weather market volatility and

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Speaker 3: keep your long term goals on track. And Dad, we

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Speaker 3: talk about this the rule of one hundred. How much

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Speaker 3: money should you have them we call green money? How

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Speaker 3: much should you have in what they call red money

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Speaker 3: and yellow money? So we can show this to you

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Speaker 3: when you come in and meet with us, because you

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Speaker 3: have to understand number one, what you have and then

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Speaker 3: two the answer the question why why are you investing in?

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Speaker 3: What we can do and we can show you to

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Speaker 3: put together an investment plan exactly.

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Speaker 2: And that's why we call it the Maggie Plan. It's

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Speaker 2: a simple and easy plan to understand. It's a tax plan,

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Speaker 2: it's an income plan, it's an investment plan. It's a

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Speaker 2: legacy plan. How many of you out there don't have

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Speaker 2: some of those plans. So the question we would ask

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Speaker 2: you is what is your plan? And if you don't

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Speaker 2: have a plan, then you know what it's time to

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Speaker 2: get on the phone right now, give us a call

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Speaker 2: eight three to three Magi tax and let's set a

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Speaker 2: time and sit down, because the easiest thing to do, Christopher,

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Speaker 2: most people out there is to sit down and talk

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Speaker 2: about it.

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Speaker 4: Let's bring up what's the thing that keeps you up

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Speaker 4: at night.

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Speaker 2: What do you want to fix that you really think

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Speaker 2: that can help you moving forward without fear. And it's

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Speaker 2: not about just investing in the stock or the bond.

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Speaker 2: You know, you know what the market does. Everybody knows

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Speaker 2: that it goes up, it goes down, but over time

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Speaker 2: is what you're looking for to make this plan work.

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Speaker 2: So there's a lot of things that Chris talked about before,

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Speaker 2: different strategies, and there's many concepts that we want to

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Speaker 2: educate you on. So give us a call eight three

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Speaker 2: to three Maggie. Tax I have operated standing by right now.

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Speaker 2: We have offices in Tampa, we have an office in

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Speaker 2: Palm Harbor, we have an office in Saint Pete. So

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Speaker 2: there's no reason why you can't meet with us. We

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Speaker 2: could do it on the phone, we could do it

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Speaker 2: on a zoom call. But look, it's up to you.

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Speaker 2: You've got to take the time to make this plan

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Speaker 2: work for you. And like I said before, if you

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Speaker 2: do not have an income plan, or a tax plan

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Speaker 2: or an investment plan, I just gave you the reason

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Speaker 2: why you should give.

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Speaker 4: Us a call. Eight three to three magi tax.

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Speaker 3: Absolutely, So time is your greatest ally. You know, start early,

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Speaker 3: stay consistent. Even if you're fifty and you don't have

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Speaker 3: a retirement plan and you think that you don't, maybe

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Speaker 3: you do. You know, you can start over, but you

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Speaker 3: can start right now and compound growth rewards patients. You know,

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Speaker 3: even small regular amounts can grow significantly over time. The

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Speaker 3: earlier to start, the more flexibility and freedom that you

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Speaker 3: can gain later in life. So when we talk about diversification,

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Speaker 3: we talk about a purpose. We're talking about time. These

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Speaker 3: are things that factor in on how you should invest.

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Speaker 3: And many people want to hit it big, real quick.

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Speaker 3: But the people who are patient and the people who

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Speaker 3: consistently put money in and they allocate money efficiently are

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Speaker 3: the ones with the great discipline moving forward. So pick

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Speaker 3: up the phone, schedule a time to meet with us.

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Speaker 3: As my dad mentioned before, we have offices on both

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Speaker 3: sides of the bay to help you. Eight three three

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Speaker 3: Maggie Tax. Visit our website at Maggie tax dot com.

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Speaker 3: There's so much information right there at your fingertips. You know,

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Speaker 3: there's educational workshops that we do. As we talked about,

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Speaker 3: come meet with us. Let's have a conversation. Let's sit down,

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Speaker 3: go over your tax strategies, your investment strategies. You're your

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Speaker 3: tax plan if you have one, if you don't, what

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Speaker 3: about your income plan. Many people have no estate planning,

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Speaker 3: so we can help you. You know, we just heard

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Speaker 3: now that investment planning can turn uncertainty into opportunity and

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Speaker 3: dreams into reality. We can do that. But here's the truth.

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Speaker 3: The longer you wait, the harder it gets. The best

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Speaker 3: time to start was yesterday, but the next best time

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Speaker 3: is right now. Whether you're building wealth, securing your family future,

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Speaker 3: or chasing financial freedom, it starts with a conversation. Pick

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Speaker 3: up the phone, schedule time to meet with us. So

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Speaker 3: just don't think about it. Act call now, book your

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Speaker 3: appointment and meet with us. Let's build a plan that

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Speaker 3: works for you, because your future isn't waiting, and neither

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Speaker 3: should you. Eight three to three Maggie Tax. That's eight

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Speaker 3: three to three Maggie Tax.

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Speaker 1: Stop funding Uncle Sam's retirement and start planning for your

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Speaker 1: own successful retirement. As we return to the Maggie Tax

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Speaker 1: Financial Show with your host Robert and Chris Maggie with

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Speaker 1: Maggie Tax and Wealth Advisors. For information on how you

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00:18:56,960 --> 00:19:00,560
Speaker 1: can create a tax free retirement, call eight three three

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Speaker 1: Maggie Tax or visit Maggie Tax dot com. Now your

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Speaker 1: host with Maggie Tax and Wealth Advisors, Robert and Chris Maggie.

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Speaker 3: Welcome back to the Maggie Tax and Financial Show where

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Speaker 3: your Money meets meaning. We just talked about how to

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Speaker 3: grow your wealth through smart investment planning, but now we

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Speaker 3: turn to something even more important, protecting that wealth for

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Speaker 3: people you love. Because true financial success isn't just about

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Speaker 3: what you build, It's about what you leave behind. Estate

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Speaker 3: planning is the bridge between your hard work and your legacy,

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Speaker 3: and without it, your assets could end up tangled in probate,

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Speaker 3: delayed and drained far from your future that you and

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Speaker 3: vision for your family. And you don't want that. So

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Speaker 3: today you want to start out and show you and

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Speaker 3: make sure that your home, your accounts, your business, everything

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Speaker 3: you work so hard for passes smoothly, privately and powerfully

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Speaker 3: to the next generation, because that's what you deserve. It's

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Speaker 3: not about just having millions of dollars and only the

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Speaker 3: wealthy can do that. Everybody can do that if you

434
00:20:00,400 --> 00:20:02,919
Speaker 3: just do the right planning. So let's talk about trusts

435
00:20:02,920 --> 00:20:06,159
Speaker 3: and wills and benefit surity designations and the tools that

436
00:20:06,200 --> 00:20:09,440
Speaker 3: turn planning into peace of mind. So this is more

437
00:20:09,480 --> 00:20:12,040
Speaker 3: than just paperwork. It's your legacy, and you know, let's

438
00:20:12,080 --> 00:20:14,199
Speaker 3: protect it together. And Dad, how many times do we

439
00:20:14,280 --> 00:20:18,280
Speaker 3: see people come in they got no plan, they got

440
00:20:18,320 --> 00:20:21,280
Speaker 3: piles of money, they come in all happy, Hey, what

441
00:20:21,400 --> 00:20:23,800
Speaker 3: I say, you look at my accounts, and but again

442
00:20:24,280 --> 00:20:27,240
Speaker 3: it's pretty much there's nothing under it to protect.

443
00:20:26,960 --> 00:20:29,800
Speaker 2: It well, because no one took the time to educate them.

444
00:20:29,840 --> 00:20:31,880
Speaker 2: And think about it. You go to school to learn

445
00:20:32,160 --> 00:20:34,520
Speaker 2: and then you have to take a topic or a

446
00:20:34,520 --> 00:20:36,399
Speaker 2: subject and you get a test on it. And I

447
00:20:36,440 --> 00:20:39,360
Speaker 2: don't think anyone's ever you know, tested anybody on investment

448
00:20:39,400 --> 00:20:42,840
Speaker 2: planning or what we're talking about, you know, a state planning.

449
00:20:42,880 --> 00:20:45,240
Speaker 2: So let's kind of recap some of the things on

450
00:20:45,280 --> 00:20:47,760
Speaker 2: the investment plan that we talked about. Think about it.

451
00:20:47,760 --> 00:20:50,199
Speaker 2: You've built the wealth, now let's protect it. But the

452
00:20:50,240 --> 00:20:51,960
Speaker 2: other thing, like Chris is mentioning what do you do

453
00:20:52,040 --> 00:20:55,720
Speaker 2: with it? So a state planning, it's not just about money,

454
00:20:55,720 --> 00:20:57,840
Speaker 2: it's about meaning, what are you going to do with it?

455
00:20:58,200 --> 00:21:00,280
Speaker 2: How do you want it to pass your beneficiary? Is

456
00:21:00,560 --> 00:21:03,320
Speaker 2: I have a trust? Okay, anything happens to me, my

457
00:21:03,359 --> 00:21:05,479
Speaker 2: wife gets it. Anything appens to my wife and I

458
00:21:05,800 --> 00:21:07,880
Speaker 2: my two boys get it, and anything happens to them.

459
00:21:07,880 --> 00:21:11,160
Speaker 2: Guess where it passes down to the grandkids. So when

460
00:21:11,200 --> 00:21:13,040
Speaker 2: you think about that, is that the kind of plan

461
00:21:13,160 --> 00:21:15,879
Speaker 2: you have or you don't even know yet, so you know,

462
00:21:16,119 --> 00:21:19,800
Speaker 2: it's basically an emotional hook. What happens to your assets

463
00:21:19,800 --> 00:21:21,800
Speaker 2: when you're gone? And Chris, this is where I think

464
00:21:21,800 --> 00:21:25,280
Speaker 2: people get I would say sidetracked. But when they meet

465
00:21:25,320 --> 00:21:27,560
Speaker 2: with an advisor, it's all about selling them something.

466
00:21:27,760 --> 00:21:28,240
Speaker 4: Think about it.

467
00:21:28,240 --> 00:21:29,879
Speaker 2: They come in with their statement, they give it to

468
00:21:30,280 --> 00:21:32,639
Speaker 2: you know, a custodian, and they invest it.

469
00:21:32,680 --> 00:21:35,200
Speaker 4: But what happens after that? What do they do with it?

470
00:21:35,800 --> 00:21:37,240
Speaker 4: Do they keep it, do they lose it?

471
00:21:37,440 --> 00:21:39,400
Speaker 2: And then when they need money to then the big

472
00:21:39,480 --> 00:21:42,399
Speaker 2: question when you ask everybody this is always a funny question,

473
00:21:42,760 --> 00:21:45,479
Speaker 2: how much do you need every month coming in the

474
00:21:45,480 --> 00:21:45,880
Speaker 2: front door.

475
00:21:45,880 --> 00:21:48,040
Speaker 4: When you ask that question, people go.

476
00:21:49,119 --> 00:21:51,800
Speaker 2: I don't know, and that just bewilders me all the

477
00:21:51,800 --> 00:21:54,919
Speaker 2: time because no one that's a perfect point, Chris, No

478
00:21:54,960 --> 00:21:56,240
Speaker 2: one talks about it.

479
00:21:56,520 --> 00:21:58,199
Speaker 3: That's just it. And you know, I was listening to

480
00:21:58,240 --> 00:22:00,520
Speaker 3: you and you made a great question and to the

481
00:22:00,880 --> 00:22:03,840
Speaker 3: listener here and to me as well, listening what happens

482
00:22:03,840 --> 00:22:07,920
Speaker 3: when your assets to your assets when you're gone? Think

483
00:22:07,960 --> 00:22:10,080
Speaker 3: about that. Let that digest for a minute. Do you know?

484
00:22:11,040 --> 00:22:15,240
Speaker 3: And if you know totally in confirmation, is one hundred

485
00:22:15,240 --> 00:22:16,760
Speaker 3: percent that you know where it's going to go, then

486
00:22:16,760 --> 00:22:19,080
Speaker 3: that's a great thing. But I bet you that most

487
00:22:19,119 --> 00:22:22,080
Speaker 3: listeners today have a doubt, they have questions in mind,

488
00:22:22,119 --> 00:22:23,760
Speaker 3: they don't know really where it's.

489
00:22:23,680 --> 00:22:23,920
Speaker 4: Going to go.

490
00:22:24,080 --> 00:22:25,880
Speaker 3: I'm talking about your bank accounts. I'm talking about your

491
00:22:25,880 --> 00:22:27,439
Speaker 3: form of case, so I'm talking about your IRA, your

492
00:22:27,480 --> 00:22:30,040
Speaker 3: roth IRA, your broken account. Think about those accounts. What

493
00:22:30,040 --> 00:22:32,600
Speaker 3: are the savings accounts that you have? What about your house?

494
00:22:33,119 --> 00:22:33,199
Speaker 4: So?

495
00:22:33,280 --> 00:22:35,480
Speaker 3: What do you do? Why is the state planning so

496
00:22:35,720 --> 00:22:39,080
Speaker 3: essential because you want to avoid probate? What's probate? Probates

497
00:22:39,080 --> 00:22:41,679
Speaker 3: the court system that's who's going to make decisions on

498
00:22:41,760 --> 00:22:44,160
Speaker 3: your state and doesn't have to be that way. There's

499
00:22:44,200 --> 00:22:48,240
Speaker 3: delays there's cost, there's public exposure. My gosh, we have

500
00:22:48,280 --> 00:22:51,440
Speaker 3: a piece in our office on celebrities who went through probate.

501
00:22:51,920 --> 00:22:54,280
Speaker 3: Oh my goodness. When you sit there and look at

502
00:22:54,440 --> 00:22:58,120
Speaker 3: what they went through, millions and millions of dollars wasted

503
00:22:58,200 --> 00:23:00,840
Speaker 3: and now we know all about their We don't have

504
00:23:00,920 --> 00:23:03,520
Speaker 3: to same thing for you. You know, we want to ensure

505
00:23:03,520 --> 00:23:07,879
Speaker 3: that assets pass to your loved ones smoothly, not through

506
00:23:08,320 --> 00:23:11,840
Speaker 3: havoc and fights and time and delays. You know, we

507
00:23:11,880 --> 00:23:15,400
Speaker 3: want to prevent family disputes and confusion. My gosh, Dad,

508
00:23:15,400 --> 00:23:17,280
Speaker 3: how many stories can we talk about with this.

509
00:23:17,200 --> 00:23:19,480
Speaker 2: Well, too many to be honest with you, and they're scary,

510
00:23:19,480 --> 00:23:21,760
Speaker 2: and they're honest stories and they're real. And let me

511
00:23:21,800 --> 00:23:25,040
Speaker 2: also throw this out at you everyone listening. Today, we

512
00:23:25,119 --> 00:23:28,160
Speaker 2: do an estate planning seminar. We do four a month

513
00:23:28,240 --> 00:23:31,040
Speaker 2: because go to my website, Maggie tax dot com click

514
00:23:31,080 --> 00:23:31,760
Speaker 2: on seminars.

515
00:23:31,800 --> 00:23:32,520
Speaker 4: You'll see the dates.

516
00:23:32,560 --> 00:23:35,160
Speaker 2: We hold them at libraries, and we hold them either

517
00:23:35,240 --> 00:23:38,000
Speaker 2: at eleven o'clock or two o'clock in the afternoon. I

518
00:23:38,000 --> 00:23:40,320
Speaker 2: don't buy dinners because it's just not gonna help me

519
00:23:40,400 --> 00:23:42,520
Speaker 2: help you. I want you to come for the education.

520
00:23:42,680 --> 00:23:45,600
Speaker 2: Everything just Chris just mentioned here. It's amazing how many

521
00:23:45,680 --> 00:23:48,120
Speaker 2: people are sitting there saying, Gee, I wish I would

522
00:23:48,160 --> 00:23:50,399
Speaker 2: have done that. G I wish I would have done that. Folks,

523
00:23:50,400 --> 00:23:52,960
Speaker 2: it's very easy, it's very cheap, and it's gonna save

524
00:23:53,000 --> 00:23:55,800
Speaker 2: you thousands of dollars. So just go to my website,

525
00:23:55,880 --> 00:23:58,439
Speaker 2: Maggie tax dot com, click on seminars. You'll see all

526
00:23:58,480 --> 00:24:01,520
Speaker 2: the dates there every month. There's four times a month

527
00:24:01,600 --> 00:24:03,440
Speaker 2: right now, and we're probably going to do more because

528
00:24:03,440 --> 00:24:06,000
Speaker 2: it's so important. Well, Chris and I are talking about

529
00:24:06,000 --> 00:24:08,840
Speaker 2: and what we see every day. It's really sad that

530
00:24:08,960 --> 00:24:11,639
Speaker 2: you don't know about something simple enough to get a

531
00:24:11,680 --> 00:24:14,560
Speaker 2: will or a trust you know, or which.

532
00:24:14,359 --> 00:24:15,000
Speaker 4: One is better?

533
00:24:15,440 --> 00:24:17,240
Speaker 2: Even like if you have a home, I'll mention this

534
00:24:17,359 --> 00:24:19,840
Speaker 2: a quick claim deed or a lady bird deed. Why

535
00:24:19,840 --> 00:24:22,440
Speaker 2: am I mentioning that to avoid one thing? Chris, it's

536
00:24:22,480 --> 00:24:25,360
Speaker 2: called probate. How many clients do we see every day

537
00:24:25,400 --> 00:24:27,679
Speaker 2: they have you mentioned it before, millions of dollars in

538
00:24:27,720 --> 00:24:29,879
Speaker 2: their IRA four oh one K and they don't have

539
00:24:29,960 --> 00:24:32,359
Speaker 2: any of these documents. And you know how we find

540
00:24:32,359 --> 00:24:34,800
Speaker 2: out when the children come in and they say, you know, guys,

541
00:24:34,840 --> 00:24:37,200
Speaker 2: I can't get my money from my parents, it's going

542
00:24:37,240 --> 00:24:40,439
Speaker 2: through probate. Yeah, you think that's the reason. Why, So

543
00:24:40,520 --> 00:24:42,560
Speaker 2: do you want that to happen to you? And it's

544
00:24:42,560 --> 00:24:44,080
Speaker 2: the cheapest thing you could do?

545
00:24:44,280 --> 00:24:47,000
Speaker 3: Absolutely, And you know when we hear those stories, we

546
00:24:47,119 --> 00:24:50,120
Speaker 3: just cringe and then we start looking into where they

547
00:24:50,119 --> 00:24:52,119
Speaker 3: came from. And then you come to find out that

548
00:24:52,240 --> 00:24:56,440
Speaker 3: mom and dad had their advisor for twenty twenty five

549
00:24:56,520 --> 00:24:58,719
Speaker 3: years and then you say they didn't talk to him

550
00:24:58,720 --> 00:25:01,520
Speaker 3: about this. Wow, they manage their money really great. But

551
00:25:01,560 --> 00:25:05,679
Speaker 3: guess what now you got probaate cost and time and money.

552
00:25:06,040 --> 00:25:08,320
Speaker 3: How do you go about doing that? And that's why

553
00:25:08,560 --> 00:25:10,240
Speaker 3: if you have an advisor now and that's not talking

554
00:25:10,240 --> 00:25:13,120
Speaker 3: about total state planning and income planning and tax planning,

555
00:25:13,560 --> 00:25:15,960
Speaker 3: then I really raised the question that you should come

556
00:25:16,000 --> 00:25:18,280
Speaker 3: in and meet with us, because let's have a conversation.

557
00:25:18,320 --> 00:25:20,880
Speaker 3: If you're looking for a complete plan, we can help

558
00:25:20,960 --> 00:25:23,040
Speaker 3: eight three to three Maggie tax. That's eight three to

559
00:25:23,040 --> 00:25:24,080
Speaker 3: three Maggie tax.

560
00:25:24,320 --> 00:25:26,159
Speaker 2: Let me hurt you a little bit more. Okay, this

561
00:25:26,280 --> 00:25:29,359
Speaker 2: is really important. How many of you have done a

562
00:25:29,400 --> 00:25:32,840
Speaker 2: beneficiary change or a benefit Have you checked your beneficiaries?

563
00:25:33,080 --> 00:25:35,879
Speaker 2: Because what Chris just mentioned when some people pass and

564
00:25:35,920 --> 00:25:38,600
Speaker 2: then we look at the beneficiary. Guess what, It's not

565
00:25:38,640 --> 00:25:40,800
Speaker 2: what you thought it was because you did this ten, fifteen,

566
00:25:40,880 --> 00:25:43,360
Speaker 2: twenty years ago. So I challenge all of you give

567
00:25:43,400 --> 00:25:45,480
Speaker 2: us a call, sit down with us. Eight three to three,

568
00:25:45,880 --> 00:25:49,520
Speaker 2: Maggie Tax. Let's review your documents to see if they're correct.

569
00:25:49,560 --> 00:25:52,600
Speaker 2: Because again here's another question. How many of you have

570
00:25:52,800 --> 00:25:56,320
Speaker 2: or have not a power of attorney on healthcare directives?

571
00:25:56,680 --> 00:25:58,720
Speaker 2: What happens if something happens to you and you need

572
00:25:58,760 --> 00:26:00,359
Speaker 2: a healthcare decision to be.

573
00:26:00,440 --> 00:26:01,800
Speaker 4: Made, Who's gonna make it?

574
00:26:02,160 --> 00:26:04,119
Speaker 2: Okay, this is what we see every day, and this

575
00:26:04,160 --> 00:26:06,480
Speaker 2: is why we do the show because there's so many

576
00:26:06,800 --> 00:26:08,920
Speaker 2: things that you could do to make it better. You

577
00:26:09,040 --> 00:26:11,760
Speaker 2: just got to sit down, have a conversation, go over

578
00:26:12,040 --> 00:26:14,520
Speaker 2: And I said this before, what keeps you up at night?

579
00:26:15,320 --> 00:26:17,760
Speaker 2: So what if what keeps you up at night someone

580
00:26:17,840 --> 00:26:20,959
Speaker 2: passed away and then going through probate? Doesn't that bother you?

581
00:26:21,440 --> 00:26:23,520
Speaker 2: I think it should and I know it bothers me

582
00:26:23,560 --> 00:26:24,960
Speaker 2: when I see it all the time, and Chris and

583
00:26:24,960 --> 00:26:26,720
Speaker 2: I see it all the time. There's not that I

584
00:26:26,720 --> 00:26:29,000
Speaker 2: can do about it unless you want to do something

585
00:26:29,040 --> 00:26:32,159
Speaker 2: about it. Eight three three Maggie tax and Chris, this

586
00:26:32,240 --> 00:26:34,520
Speaker 2: is so important when you talk about the things we're

587
00:26:34,520 --> 00:26:37,960
Speaker 2: talking about today, investment strategies, income planning, and now is

588
00:26:38,040 --> 00:26:40,800
Speaker 2: state planning. These are common things that you all should

589
00:26:40,800 --> 00:26:44,280
Speaker 2: be thinking of. So get the right time do it.

590
00:26:44,320 --> 00:26:47,280
Speaker 3: Eight three three Maggie Tax message. Just get the Maggie Plan.

591
00:26:47,400 --> 00:26:49,399
Speaker 3: Visit our website at Maggie tax dot com. That's m

592
00:26:49,480 --> 00:26:51,679
Speaker 3: A G G I T A X dot com. All

593
00:26:51,680 --> 00:26:54,640
Speaker 3: their informations right there. But I'll give a quick example.

594
00:26:55,080 --> 00:26:57,960
Speaker 3: I never forget this story. I've been this a business

595
00:26:57,960 --> 00:27:00,680
Speaker 3: over twenty years, and I tell you the second year

596
00:27:00,720 --> 00:27:03,560
Speaker 3: I was in this business, I came across a client

597
00:27:03,880 --> 00:27:06,920
Speaker 3: who had twenty thousand dollars to her name, but her

598
00:27:06,960 --> 00:27:10,320
Speaker 3: brother passed away who lived in California, and he had

599
00:27:10,359 --> 00:27:13,800
Speaker 3: two million dollars. So we met with our client and

600
00:27:13,840 --> 00:27:15,439
Speaker 3: we took care of her because it's not about how

601
00:27:15,480 --> 00:27:17,919
Speaker 3: much money you have, it's about the whole process. So

602
00:27:18,200 --> 00:27:19,679
Speaker 3: she came on in and she told us, you know,

603
00:27:19,720 --> 00:27:22,240
Speaker 3: her brother passed away, and we felt terrible for her,

604
00:27:22,240 --> 00:27:24,480
Speaker 3: and we found that some information that he had two

605
00:27:24,520 --> 00:27:27,879
Speaker 3: CDs with the same bank. One million dollars was with

606
00:27:28,080 --> 00:27:30,280
Speaker 3: one CD and the other million dollars, which is with

607
00:27:30,359 --> 00:27:33,720
Speaker 3: the other. But guess what. The one CD had proper

608
00:27:33,760 --> 00:27:36,520
Speaker 3: beneficiary designation where the other one did not. So the

609
00:27:36,560 --> 00:27:39,359
Speaker 3: million dollars went to her and avoided probate because it

610
00:27:39,440 --> 00:27:42,399
Speaker 3: was the right transfer, very quickly and efficiently. But the

611
00:27:42,440 --> 00:27:46,920
Speaker 3: other million it took eighteen months. Eighteen months through probate.

612
00:27:47,240 --> 00:27:50,359
Speaker 3: He had attorney costs, you had fees, everyone knew about

613
00:27:50,400 --> 00:27:53,760
Speaker 3: his public record and everything. And guess what it call

614
00:27:53,800 --> 00:27:57,119
Speaker 3: could have been avoided. So the same bank had this

615
00:27:57,160 --> 00:27:59,960
Speaker 3: all mess up because they didn't do the proper plan.

616
00:28:00,520 --> 00:28:03,400
Speaker 3: So pick up the phone, schedule appointment today. Don't let

617
00:28:03,400 --> 00:28:06,680
Speaker 3: this happen to you. Eight three three, Maggie tax. That's

618
00:28:06,760 --> 00:28:08,520
Speaker 3: eight three three, Maggie Tax.

619
00:28:08,880 --> 00:28:11,840
Speaker 2: Let me make it simple. Your legacy starts now, and

620
00:28:11,880 --> 00:28:15,159
Speaker 2: think about it. You've worked hard, you've saved, you invested

621
00:28:15,200 --> 00:28:18,399
Speaker 2: and built a life worth protecting. But without a plan,

622
00:28:18,560 --> 00:28:21,560
Speaker 2: everything that you've built could be left to chance. That's

623
00:28:21,560 --> 00:28:24,400
Speaker 2: not a good plan. A state planning isn't just about

624
00:28:24,440 --> 00:28:28,119
Speaker 2: avoiding propriate It's about making sure that your family doesn't

625
00:28:28,160 --> 00:28:32,040
Speaker 2: have to fight through red tape while grieving. That's the

626
00:28:32,040 --> 00:28:37,200
Speaker 2: worst time. It's about clarity, compassion, and control. So ask yourself,

627
00:28:37,600 --> 00:28:41,080
Speaker 2: if something happened tomorrow, would your loved ones know what

628
00:28:41,240 --> 00:28:43,720
Speaker 2: to do? Would your wife know what to do? Would

629
00:28:43,720 --> 00:28:46,320
Speaker 2: your children know what to do? Would your assets go

630
00:28:46,760 --> 00:28:50,120
Speaker 2: to where you intended? Would your legacy be protected? And

631
00:28:50,160 --> 00:28:53,080
Speaker 2: that's important? Okay, if you're not sure, it's time to

632
00:28:53,200 --> 00:28:56,440
Speaker 2: act eight three to three Maggie Tax call us today.

633
00:28:56,520 --> 00:29:00,360
Speaker 2: Let's build a plan that honors your life, protects your family,

634
00:29:00,840 --> 00:29:03,560
Speaker 2: and it gives you peace of mind because your legacy

635
00:29:03,600 --> 00:29:04,600
Speaker 2: deserves more than hope.

636
00:29:04,960 --> 00:29:06,160
Speaker 4: It deserves a strategy.

637
00:29:06,520 --> 00:29:09,080
Speaker 2: And Chris, so many times when we meet with people,

638
00:29:09,160 --> 00:29:11,680
Speaker 2: we get through an appointment, it's always like, what do

639
00:29:11,720 --> 00:29:12,000
Speaker 2: you have?

640
00:29:12,760 --> 00:29:15,000
Speaker 4: It's not what we have, it's what would you like

641
00:29:15,120 --> 00:29:15,440
Speaker 4: to do?

642
00:29:16,120 --> 00:29:18,040
Speaker 2: What is your planet? Why are you here to see

643
00:29:18,120 --> 00:29:20,480
Speaker 2: Chris and I today? And I think all of you

644
00:29:20,520 --> 00:29:22,880
Speaker 2: out there have to start asking that question. If you're

645
00:29:22,880 --> 00:29:25,680
Speaker 2: going to meet with the advisor, how can they help you?

646
00:29:26,360 --> 00:29:29,800
Speaker 2: What are they going to help you with? Just an investment? Folks,

647
00:29:29,840 --> 00:29:32,520
Speaker 2: that's not good. And that's why we're successful at what

648
00:29:32,560 --> 00:29:35,600
Speaker 2: we do on the Maggie Plan because we talk about taxes,

649
00:29:35,840 --> 00:29:39,520
Speaker 2: we talk about investments, we talk about social security pensions,

650
00:29:39,800 --> 00:29:42,120
Speaker 2: we talk about wills, trust and everything else that goes

651
00:29:42,120 --> 00:29:44,480
Speaker 2: along with it. And you know what, if your advisor

652
00:29:44,560 --> 00:29:47,200
Speaker 2: is not doing that, shame on them. And one thing

653
00:29:47,280 --> 00:29:49,760
Speaker 2: Chris mentioned before, so what if you had an advisor

654
00:29:49,760 --> 00:29:52,280
Speaker 2: for twenty years, now go back and ask them why

655
00:29:52,320 --> 00:29:53,440
Speaker 2: they didn't finish the job.

656
00:29:53,600 --> 00:29:56,640
Speaker 3: But that's it, and that's why it's so important. And

657
00:29:56,720 --> 00:29:58,960
Speaker 3: your future begins with one phone call. Pick up the phone,

658
00:29:59,000 --> 00:30:00,880
Speaker 3: schedule time to meet with us. Let's have a conversation.

659
00:30:01,240 --> 00:30:02,760
Speaker 3: We have office on both sides of the bay. But

660
00:30:02,840 --> 00:30:05,160
Speaker 3: when we do complete planning such as income planning and

661
00:30:05,400 --> 00:30:08,120
Speaker 3: your investment playing and planning and how it incorporates with

662
00:30:08,160 --> 00:30:09,600
Speaker 3: your taxes and how much you're going to pay at

663
00:30:09,600 --> 00:30:11,760
Speaker 3: tax and your legacy plan, you can see how this

664
00:30:11,880 --> 00:30:14,560
Speaker 3: all fits together. And that's why we call it the

665
00:30:14,600 --> 00:30:18,120
Speaker 3: Maggie Plan. And that's why we call it the Maggie Plan.

666
00:30:18,240 --> 00:30:21,600
Speaker 3: Putting your puzzle pieces together, we can definitely do it

667
00:30:21,640 --> 00:30:23,920
Speaker 3: for you. It starts with a phone call eight three

668
00:30:23,960 --> 00:30:26,800
Speaker 3: to three Maggie tax. That's a three to three Maggie tax,

669
00:30:26,920 --> 00:30:29,480
Speaker 3: and don't forget tune in every Sunday on ABC TV

670
00:30:29,560 --> 00:30:31,720
Speaker 3: at ten thirty for the Maggie Tax and PLANCI Show

671
00:30:32,040 --> 00:30:34,680
Speaker 3: eight three three Maggie Tax. That's eight three to three

672
00:30:34,800 --> 00:30:35,440
Speaker 3: Maggie Tax.

673
00:30:38,400 --> 00:30:41,959
Speaker 1: Stop funding Uncle Sam's retirement and start planning for your

674
00:30:42,000 --> 00:30:45,480
Speaker 1: own successful retirement. As we return to the Maggie Tax

675
00:30:45,520 --> 00:30:48,920
Speaker 1: Financial Show with your host Robert and Chris Maggie with

676
00:30:49,040 --> 00:30:52,160
Speaker 1: Maggie Tax and Wealth Advisors. For information on how you

677
00:30:52,200 --> 00:30:55,800
Speaker 1: can create a tax free retirement, call eight three three

678
00:30:56,240 --> 00:31:00,560
Speaker 1: Maggie Tax or visit Maggie Tax dot com. Now your

679
00:31:00,560 --> 00:31:04,600
Speaker 1: host with Maggie Tax and Wealth Advisors, Robert and Chris Maggie.

680
00:31:04,880 --> 00:31:07,720
Speaker 2: Welcome back to the Maggie Tax and Financial Show. My

681
00:31:07,800 --> 00:31:09,720
Speaker 2: name is Robert Maggie and I'm here with my son,

682
00:31:09,920 --> 00:31:12,400
Speaker 2: Chris Maggie. So we've been talking about an awful lot

683
00:31:12,400 --> 00:31:15,040
Speaker 2: today and if you have questions or concerns, now is

684
00:31:15,080 --> 00:31:16,920
Speaker 2: the time to pick up the phone eight three to

685
00:31:17,040 --> 00:31:20,320
Speaker 2: three Maggie Tax, and don't forget. Every Sunday at ten

686
00:31:20,440 --> 00:31:23,560
Speaker 2: thirty on ABC TV, tune into the Maggie Tax and

687
00:31:23,600 --> 00:31:25,880
Speaker 2: Financial Show. We talk about a lot of things that

688
00:31:25,960 --> 00:31:28,160
Speaker 2: might help you out, So give us a call eight

689
00:31:28,200 --> 00:31:31,040
Speaker 2: three to three Maggie Tax, and think about it. You've

690
00:31:31,040 --> 00:31:34,720
Speaker 2: built the life, protected your legacy and made sure you'll

691
00:31:34,720 --> 00:31:37,440
Speaker 2: love the ones won't be burdened by probate. We talked

692
00:31:37,440 --> 00:31:40,120
Speaker 2: about that before. But here's the question we really ask,

693
00:31:40,480 --> 00:31:44,360
Speaker 2: who's helping you connect all the dots? Because the state

694
00:31:44,400 --> 00:31:46,840
Speaker 2: planning is just one piece of the puzzle, and if

695
00:31:46,840 --> 00:31:49,840
Speaker 2: the rest of your financial life isn't aligned, even the

696
00:31:49,880 --> 00:31:51,320
Speaker 2: best plan can fall short.

697
00:31:51,560 --> 00:31:53,680
Speaker 4: And here's the problem. The problem too.

698
00:31:53,560 --> 00:31:56,360
Speaker 2: Often is that people work with a tax preparer in

699
00:31:56,440 --> 00:32:00,200
Speaker 2: one corner, an investment advisor in another, and maybe a

700
00:32:00,200 --> 00:32:03,160
Speaker 2: state attorneys somewhere down the line. But no one's talking

701
00:32:03,200 --> 00:32:05,920
Speaker 2: to each other. And that's how things get messed up.

702
00:32:06,360 --> 00:32:10,360
Speaker 2: That's how things get missed. Beneficiaries don't match, tax strategies,

703
00:32:10,560 --> 00:32:14,240
Speaker 2: conflict with income plans, and opportunities slip through the cracks.

704
00:32:14,760 --> 00:32:17,080
Speaker 2: And that's the probably the biggest mistake and the most

705
00:32:17,080 --> 00:32:21,240
Speaker 2: common mistake most people make. So, Chris, what's the solution

706
00:32:21,400 --> 00:32:23,320
Speaker 2: to all this? How simple can it be?

707
00:32:23,400 --> 00:32:26,360
Speaker 3: Well, that's so important, and that's why you need a

708
00:32:26,400 --> 00:32:30,320
Speaker 3: complete advisor, someone who sees the full picture your taxes,

709
00:32:30,360 --> 00:32:32,920
Speaker 3: your investments, your retirement income, and your a state plan

710
00:32:33,320 --> 00:32:36,440
Speaker 3: and brings it all together. And a complete advisor doesn't

711
00:32:36,480 --> 00:32:40,680
Speaker 3: just react to problems. They anticipate them. They build strategies

712
00:32:40,720 --> 00:32:42,880
Speaker 3: that work in harmony, not isolation. And that's what we

713
00:32:42,920 --> 00:32:44,880
Speaker 3: do here. We call it the Maggie Plan, and that's

714
00:32:44,880 --> 00:32:46,840
Speaker 3: why we want you to visit our website, Maggie tax

715
00:32:46,880 --> 00:32:49,360
Speaker 3: dot com, because we can put it all together. If

716
00:32:49,400 --> 00:32:52,200
Speaker 3: you ever felt like your financial life is a stack

717
00:32:52,240 --> 00:32:54,920
Speaker 3: of disconnected folders, do you ever think about that, Well,

718
00:32:54,960 --> 00:32:57,120
Speaker 3: it's time to change that. And that's where you can

719
00:32:57,200 --> 00:32:59,000
Speaker 3: just pick up the phone. It starts with you. Pick

720
00:32:59,040 --> 00:33:01,320
Speaker 3: up the phone, schedule time to meet with us. Let's

721
00:33:01,360 --> 00:33:04,480
Speaker 3: sit down and build a plan that's not just smart,

722
00:33:04,680 --> 00:33:09,360
Speaker 3: it's complete because your future doesn't deserve to have fragments.

723
00:33:09,960 --> 00:33:13,320
Speaker 3: It deserves a team that sees the whole view and mind.

724
00:33:13,400 --> 00:33:16,600
Speaker 3: And that's why we talk about complete planning. There's transactional

725
00:33:16,640 --> 00:33:20,280
Speaker 3: advisors out there, but then there's complete planners. And that's

726
00:33:20,280 --> 00:33:22,480
Speaker 3: why we set up our company this way because we

727
00:33:22,560 --> 00:33:24,800
Speaker 3: understand the tax side of things, the investment side, the

728
00:33:24,840 --> 00:33:27,640
Speaker 3: income planning, the estate planning, you know what about social

729
00:33:27,640 --> 00:33:29,760
Speaker 3: security and medicare planning. We can help with all this.

730
00:33:30,400 --> 00:33:33,600
Speaker 3: So we have the people in place in house, so

731
00:33:33,640 --> 00:33:36,000
Speaker 3: you don't have to go each and everywhere and that's

732
00:33:36,000 --> 00:33:39,000
Speaker 3: why all you got to do is schedule appointment to

733
00:33:39,080 --> 00:33:41,240
Speaker 3: meet with us A three three Maggie tacks.

734
00:33:41,280 --> 00:33:43,160
Speaker 2: You know, as you're talking about that thing came to

735
00:33:43,200 --> 00:33:45,160
Speaker 2: my mind. I mean, you know how silly I could get.

736
00:33:45,200 --> 00:33:47,000
Speaker 2: But what I'm going to do is make a puzzle.

737
00:33:47,480 --> 00:33:49,800
Speaker 2: And it's like a small puzzle, maybe an eight and

738
00:33:49,800 --> 00:33:52,480
Speaker 2: a half by eleven. And when clients come in, we're

739
00:33:52,480 --> 00:33:54,080
Speaker 2: going to give them the puzzle and see if they

740
00:33:54,120 --> 00:33:54,880
Speaker 2: could put it together.

741
00:33:55,200 --> 00:33:56,080
Speaker 4: Maybe that might work.

742
00:33:57,000 --> 00:33:59,760
Speaker 3: It's hard enough with them as it is because many

743
00:34:00,160 --> 00:34:02,360
Speaker 3: well see all honesty, you made a joke about it.

744
00:34:02,400 --> 00:34:05,240
Speaker 3: But you know, people come in and they're confused and

745
00:34:05,240 --> 00:34:07,120
Speaker 3: they want help, right and they've been saying, I've been

746
00:34:07,120 --> 00:34:09,520
Speaker 3: wanting this for years, and I've listened to your show

747
00:34:09,560 --> 00:34:11,480
Speaker 3: for a long time, and you know, it hit me

748
00:34:11,480 --> 00:34:13,440
Speaker 3: a lot of times, and I want to do this.

749
00:34:13,600 --> 00:34:15,360
Speaker 3: And I asked them why haven't they done it? And

750
00:34:15,360 --> 00:34:17,760
Speaker 3: they said, well, time, you know, I just haven't gotten

751
00:34:17,800 --> 00:34:19,520
Speaker 3: to it. Or you know, I've been looking in but

752
00:34:19,560 --> 00:34:22,360
Speaker 3: I haven't found This is a lot of different reasons,

753
00:34:22,400 --> 00:34:24,799
Speaker 3: but now is a time. The time is now. You

754
00:34:24,800 --> 00:34:26,600
Speaker 3: can't start over, but you can start right now.

755
00:34:26,440 --> 00:34:27,959
Speaker 4: And That's why we call it the Maggie Plan.

756
00:34:28,080 --> 00:34:31,320
Speaker 2: It's simple and easy to understand, and it's even easy

757
00:34:31,360 --> 00:34:33,759
Speaker 2: if we put the puzzle together for you. So eight

758
00:34:33,800 --> 00:34:36,080
Speaker 2: three to three Maggie tax. This is on you, folks,

759
00:34:36,239 --> 00:34:38,040
Speaker 2: It's on you. All you got to do is pick

760
00:34:38,080 --> 00:34:40,279
Speaker 2: up the phone, call, spend some time, make an hour

761
00:34:40,280 --> 00:34:42,279
Speaker 2: an appointment with us. Let's go over the problems that

762
00:34:42,320 --> 00:34:44,640
Speaker 2: you have. And like I said before, what keeps you

763
00:34:44,760 --> 00:34:47,000
Speaker 2: up at night? Is it a state planning?

764
00:34:47,680 --> 00:34:49,360
Speaker 4: Is it you had? Do you have in order? Do

765
00:34:49,400 --> 00:34:51,640
Speaker 4: you have a will or trust? Is it correct?

766
00:34:51,719 --> 00:34:54,520
Speaker 2: Do you have a beneficiary reform? Is it correct? Is

767
00:34:54,520 --> 00:34:57,200
Speaker 2: it updated? We talk about the risk of you know,

768
00:34:57,360 --> 00:35:00,319
Speaker 2: maybe sometimes I think people get the wrong advice, Chris,

769
00:35:00,320 --> 00:35:02,160
Speaker 2: and I understand that, you know, they go to one

770
00:35:02,200 --> 00:35:04,520
Speaker 2: advisor and they get another one. But you know, many

771
00:35:04,560 --> 00:35:09,600
Speaker 2: people work with separate professionals, maybe a CPA, a financial advisor,

772
00:35:09,640 --> 00:35:12,680
Speaker 2: and then a state planning attorney, and if they're not communicating,

773
00:35:12,680 --> 00:35:16,200
Speaker 2: which I mentioned before, critical details get missed. And Chris,

774
00:35:16,239 --> 00:35:18,960
Speaker 2: we've talked about this where we have a tax client

775
00:35:19,760 --> 00:35:22,799
Speaker 2: done the tax return and it was done incorrectly, and

776
00:35:22,840 --> 00:35:24,759
Speaker 2: then they go to a CPA and the CPA gives

777
00:35:24,760 --> 00:35:25,560
Speaker 2: some different advice.

778
00:35:25,719 --> 00:35:28,000
Speaker 4: Wow, how I mean it's confusing.

779
00:35:28,040 --> 00:35:30,400
Speaker 3: So you're talking about like fragmented advice, all right? Is

780
00:35:30,440 --> 00:35:32,560
Speaker 3: that we're talking about the risk of that. And many

781
00:35:32,560 --> 00:35:35,479
Speaker 3: people work with separate professionals. As you just mentioned, they're

782
00:35:35,480 --> 00:35:39,319
Speaker 3: not communicating together. For you, critical details get missed, leading

783
00:35:39,360 --> 00:35:44,960
Speaker 3: into tax inefficiencies, probate surprises, even lost opportunities, poor tax decisions,

784
00:35:45,360 --> 00:35:49,360
Speaker 3: outdated beneficiary designation. So what is a complete advisor? What

785
00:35:49,400 --> 00:35:49,919
Speaker 3: do they do?

786
00:35:50,400 --> 00:35:54,040
Speaker 2: They do complete planning. They do everything from tax planning,

787
00:35:54,120 --> 00:35:57,000
Speaker 2: from income planning, from an investment planning, from a state

788
00:35:57,040 --> 00:35:59,719
Speaker 2: planning to wills and trust to even took kids for

789
00:35:59,760 --> 00:36:01,440
Speaker 2: the for college.

790
00:36:01,480 --> 00:36:04,200
Speaker 3: That's right. They build strategies that work together. That's not

791
00:36:04,280 --> 00:36:07,120
Speaker 3: in isolation exactly. And if you don't have a strategy,

792
00:36:07,200 --> 00:36:08,759
Speaker 3: you're not going to win. Here's another thing.

793
00:36:08,760 --> 00:36:10,440
Speaker 2: If you don't have a plan, or if you're going

794
00:36:10,480 --> 00:36:12,680
Speaker 2: to be traveling and you don't have a roadmap, where are.

795
00:36:12,600 --> 00:36:13,040
Speaker 4: You going to go?

796
00:36:13,320 --> 00:36:15,480
Speaker 3: It doesn't make sense exactly. And it leads us to

797
00:36:15,560 --> 00:36:17,360
Speaker 3: an example that I'm talking about here. We had a

798
00:36:17,360 --> 00:36:19,600
Speaker 3: client that had a great investment plan when they first

799
00:36:19,600 --> 00:36:22,680
Speaker 3: met with us, but guess what there was no estate strategy,

800
00:36:22,960 --> 00:36:25,359
Speaker 3: their assets were tied up in probate for over a year.

801
00:36:25,680 --> 00:36:27,319
Speaker 3: And we went through this with the client and we said,

802
00:36:27,360 --> 00:36:28,719
Speaker 3: oh my gosh, I wish we would have got to

803
00:36:28,719 --> 00:36:31,160
Speaker 3: you sooner to help you avoid all this. So don't

804
00:36:31,440 --> 00:36:34,600
Speaker 3: settle for fragmented advice. Call us today a three to

805
00:36:34,680 --> 00:36:38,240
Speaker 3: three MAGI attacks meet with a complete advisor who sees

806
00:36:38,480 --> 00:36:39,400
Speaker 3: the whole picture.

807
00:36:39,920 --> 00:36:42,960
Speaker 2: I mean, it's simple to talk about, but it's a

808
00:36:43,000 --> 00:36:46,480
Speaker 2: confusing issue for everybody. And if you've ever felt like

809
00:36:46,520 --> 00:36:51,279
Speaker 2: your financial life is scattered across spreadsheets, statements and separate advisors,

810
00:36:51,280 --> 00:36:53,560
Speaker 2: and we have clients come in with statements they've never

811
00:36:53,600 --> 00:36:56,319
Speaker 2: opened over there, So think about this. You spent your

812
00:36:56,360 --> 00:37:00,480
Speaker 2: life working hard, saving wisely, and planning carefully, but without

813
00:37:00,480 --> 00:37:03,880
Speaker 2: someone who sees the full picture your taxes, your investments,

814
00:37:03,920 --> 00:37:06,920
Speaker 2: your income, and your legacy, your plan could be missing

815
00:37:06,920 --> 00:37:11,080
Speaker 2: the most important piece. A complete advisor doesn't just help

816
00:37:11,120 --> 00:37:14,000
Speaker 2: you grow your wealth, they help you protect it, preserve it,

817
00:37:14,520 --> 00:37:16,400
Speaker 2: and pass it on with purpose.

818
00:37:17,120 --> 00:37:19,040
Speaker 4: You have to have a purpose with what you're doing.

819
00:37:19,640 --> 00:37:22,560
Speaker 4: This isn't about having more meetings, it's about having the

820
00:37:22,640 --> 00:37:24,360
Speaker 4: right one. If you've ever felt.

821
00:37:24,200 --> 00:37:28,680
Speaker 2: Like your financial life is scattered across spreadsheets, statements, and

822
00:37:28,760 --> 00:37:32,560
Speaker 2: separate advisors. It's time to bring it all together. Call

823
00:37:32,600 --> 00:37:35,760
Speaker 2: us today, sit down with a team that understands every

824
00:37:35,840 --> 00:37:39,120
Speaker 2: layer of your financial future. Because peace of mind doesn't

825
00:37:39,120 --> 00:37:41,719
Speaker 2: come from hoping it all works out. That is not

826
00:37:41,760 --> 00:37:44,799
Speaker 2: a plan. It comes from knowing it will. That's the

827
00:37:44,840 --> 00:37:49,760
Speaker 2: Maggie Plan, simple and easy to understand. Tax plan, income planning,

828
00:37:50,160 --> 00:37:52,160
Speaker 2: estate planning, all types of planning.

829
00:37:52,239 --> 00:37:54,040
Speaker 4: And let's complete your plan.

830
00:37:54,680 --> 00:37:58,400
Speaker 2: And it starts with one powerful conversation eight three to

831
00:37:58,520 --> 00:37:59,600
Speaker 2: three Maggie Tax.

832
00:38:01,960 --> 00:38:04,759
Speaker 1: Thank you for listening to Maggie Tax and Financial Show

833
00:38:04,840 --> 00:38:08,600
Speaker 1: with Robert and Chris Maggie of Maggie Tax Wealth Advisors.

834
00:38:08,680 --> 00:38:12,000
Speaker 1: Listen here five to six pm every Saturday and from

835
00:38:12,000 --> 00:38:15,200
Speaker 1: eleven am till noon every Sunday, or anytime on the

836
00:38:15,239 --> 00:38:18,760
Speaker 1: free iHeartRadio app. And remember you can pay less tax

837
00:38:18,920 --> 00:38:22,759
Speaker 1: with Maggie Tax Program. Content provided by Maggie Tax Wealth

838
00:38:22,800 --> 00:38:26,160
Speaker 1: and Advisors. Call them at eight three three Maggie Tax

839
00:38:26,360 --> 00:38:31,480
Speaker 1: or visit them online at Maggietax dot com